Plan Ledger DOL Form 5500 · updated monthly

Matrix Sciences International In401(k)

MATRIX SCIENCES, INC. 401(K) PLAN · MT. PROSPECT, IL · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Matrix Sciences International In reported $45,039 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $1,788 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 fell from 0.84% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,577th of 3,702), and 8,610th of 11,654 in professional & technical services. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,195,622
Participants with balances219
Active participants261
Employer contributions$466,699
Employee contributions$827,853
Employer contribution per active participant$1,788
Average account balance$37,423
Benefits paid to participants$881,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 219 accts · $467K emplr
2023$6.5M · 197 accts · $445K emplr
2022$5.6M · 233 accts · $451K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,152
Investment management$25,887
Total administrative$45,039
The Matrix Sciences International In 401(k) match · 2024
Employer contribution per active participant$1,788
Median for plans this size$1,313
2024$1,788 per active participant
2023$1,691 per active participant
2022$1,789 per active participant

Matrix Sciences International In's 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20242
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$25,887
ADP, INC. · Loan processing · Recordkeeping$19,152

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$45,039 · 0.61%
2023$46,876 · 0.78%
2022$49,888 · 0.84%
Same employer
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Kalderos, Inc. IL$8.4M · 0.23%
W-T Engineering, LLC IL$8.4M · 0.06%
Kranze Technology IL$8.3M · 0.47%
Healthjoy LLC IL$8.1M · 0.38%
Showpad Inc. IL$8.0M · 0.28%
Elevate Care, Inc. IL$8.0M · 2.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821120776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.