Plan Ledger DOL Form 5500 · updated monthly

The Matco Group, Inc.401(k)

THE MATCO GROUP, INC. 401(K) PLAN · VESTAL, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

The Matco Group, Inc. reported $108,120 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. 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 0.16% to 0.24%. 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 1,436th-largest of 5,648 plans among New York employers on file, and the 2,926th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$46,369,703
Participants with balances1,205
Active participants846
Employer contributions—
Employee contributions$2,002,953
Employer contribution per active participant—
Average account balance$38,481
Benefits paid to participants$5,800,101
Plan auditUnmodified (clean) audit opinion
AuditorPIAKER & LYONS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$46.4M · 1,205 accts
2023$43.8M · 1,309 accts
2022$40.4M · 1,223 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,382
Audit (IQPA)$17,277
Trustee / custodial$63,461
Total administrative$108,120
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 · 20245
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processingindirect comp
NBT BANK NA · Trustee$90,843
PIAKER & LYONS, P.C. · Accounting / audit$17,277
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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Administrative cost history3
2024$108,120 · 0.24%
2023$79,157 · 0.19%
2022$82,584 · 0.16%
Same employer
Similar plansProfessional & Technical Services · New York
Torys LLP NY$47.9M · 0.09%
Moritt Hock & Hamroff LLP NY$47.7M · 0.33%
Greenhouse Software, Inc. NY$47.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161238150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.