Plan Ledger DOL Form 5500 · updated monthly

Matrix Design Group, Inc.ESOP

MATRIX DESIGN GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN · COLORADO SPRINGS, CO · plan year 2024

Reported admin expense ratio · 2024
0.38%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Matrix Design Group, Inc. reported $78,514 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $5,781 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.36% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 489th-largest of 1,461 plans among Colorado employers on file, and the 5,252nd of 11,654 in professional & technical services. active participation has grown from 117 to 173 since 2022.

Plan summary
Net assets, end of year$21,715,570
Participants with balances269
Active participants173
Employer contributions$1,000,038
Employee contributions—
Employer contribution per active participant$5,781
Average account balance$80,727
Benefits paid to participants$1,097,604
Plan auditUnmodified (clean) audit opinion
AuditorBIGGS KOFFORD, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 269 accts · $1.0M emplr
2023$19.3M · 242 accts · $1.0M emplr
2022$17.6M · 217 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,499
Audit (IQPA)$13,000
Trustee / custodial$31,015
Total administrative$78,514
Employer contributions to the Matrix Design Group, Inc. plan · 2024
Employer contribution per active participant$5,781
Median for plans this size$2,416
2024$5,781 per active participant
2023$6,452 per active participant
2022$8,547 per active participant

Matrix Design Group, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MENKE AND ASSOCIATES · Contract administrator$30,674
FIDELITY INVESTMENT · Trustee$29,238
BIGGS KOFFORD · Accounting / audit$13,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$78,514 · 0.38%
2023$71,908 · 0.39%
2022$59,680 · 0.36%
All plans at this employer2
MATRIX DESIGN GROUP 401(K) PLAN401(k)
MATRIX DESIGN GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Investortools, Inc. CO$22.0M · 0.01%
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Source: U.S. Department of Labor, Form 5500 series, EIN 841515767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.