Employers › Matrix Service
Recordkeeping fees per participant · Matrix Service Company 401(k) Savings Plan · plan year 2024
$157.43
Higher than 91% of the 5,847 plans $50 to 250M that report it.
= $239,927 / 1,524
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251007163411NAL0002608483001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007163411NAL0002608483001, received 2025-10-07
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-07.
Administrative expenses excluding investment management, per participant
$178.75
Higher than 81% of the 8,758 plans $50 to 250M that report it.
= $272,418 / 1,524
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251007163411NAL0002608483001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007163411NAL0002608483001, received 2025-10-07
Administrative expenses per participant
$224.68
Higher than 76% of the 9,042 plans $50 to 250M that report it.
= $342,418 / 1,524
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251007163411NAL0002608483001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007163411NAL0002608483001, received 2025-10-07
Administrative expenses as a share of assets
0.159%
Higher than 58% of the 9,049 plans $50 to 250M that report it.
= $342,418 / $215,686,418
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251007163411NAL0002608483001, received 2025-10-07
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251007163411NAL0002608483001, received 2025-10-07
Employer contributions per participant
$3,214
Higher than 58% of the 9,105 plans $50 to 250M that report it.
= $4,898,473 / 1,524
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251007163411NAL0002608483001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007163411NAL0002608483001, received 2025-10-07
Employer share of total contributions
27.2%
Higher than 42% of the 9,112 plans $50 to 250M that report it.
= $4,898,473 / $18,018,533
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251007163411NAL0002608483001, received 2025-10-07
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251007163411NAL0002608483001, received 2025-10-07
Employer match
“We match 100% of the first 3% of employee contributions and 50% of the next 2% of employee contributions.”
Form 10-K filed 2026-09-03, for the year ended 2026-06-30 · benefits note, 10-K benefits note · source document
Vesting
“Our matching contributions vest immediately.”
Form 10-K filed 2026-09-03, for the year ended 2026-06-30 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2026-06-30. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251007163411NAL0002608483001, received 2025-10-07
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MATRIX SERVICE COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Plan name | MATRIX SERVICE COMPANY 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Sponsor EIN / plan number | 73-1352174 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Sponsor location | TULSA, OK | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Industry (business code) | 424700, Wholesale trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Filing received | 2025-10-07 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Participants, beginning of year | 2,584 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Active participants | 1,851 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Participants, end of year | 2,485 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Participants with an account balance | 1,524 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Total assets, beginning of year | $199,188,556 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Total assets, end of year | $215,686,418 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Net assets, end of year | $215,686,418 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Total income | $45,315,830 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Net income | $16,497,862 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Employer contributions | $4,898,473 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Participant contributions | $10,913,358 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Other contributions (incl. rollovers) | $2,206,702 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Total contributions | $18,018,533 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Benefit payments | $28,361,135 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Total expenses (incl. benefit payments) | $28,817,968 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Total administrative expenses | $342,418 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Recordkeeping fees | $239,927 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Investment advisory and management fees | $70,000 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Administrative expenses excluding investment management | $272,418 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Held in common/collective trusts | $15,202,155 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Held in mutual funds | $191,910,054 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251007163411NAL0002608483001, received 2025-10-07 |
| Independent auditor | HOGAN TAYLOR LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251007163411NAL0002608483001, received 2025-10-07 |
Position = column in the DOL layout for form year 2024. Filing 20251007163411NAL0002608483001, received 2025-10-07.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MILLIMAN, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 17 Consulting (pension); 36 Copying and duplicating; 38 Participant communication; 50 Direct payment from the plan; 59 Shareholder servicing fees; 64 Recordkeeping fees; 70 Consulting fees | $239,911 | no |
| BOK FINANCIAL | NONE | 27 Investment advisory (plan); 52 Investment management fees paid indirectly by plan | $70,000 | no |
| CHARLES SCHWABTRUST BANK | NONE | 19 Custodial (securities); 25 Trustee (directed); 59 Shareholder servicing fees; 62 Float revenue | $32,165 | yes |
| CHARLES SCHWAB & CO., INC. | NONE | 19 Custodial (securities); 25 Trustee (directed); 59 Shareholder servicing fees; 62 Float revenue | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251007163411NAL0002608483001, received 2025-10-07.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $199,188,556 | $215,686,418 | 8.3% |
| Participants with a balance | 1,613 | 1,524 | -5.5% |
| Administrative expenses | $289,478 | $342,418 | 18.3% |
| Recordkeeping fees per participant | $121.85 | $157.43 | 29.2% |
| Employer contributions | $5,095,802 | $4,898,473 | -3.9% |
Prior filing 20241010113009NAL0020900241001, received 2024-10-10; the plan years are contiguous.
Sponsor name as filed: MATRIX SERVICE COMPANY; SEC registrant: MATRIX SERVICE CO (CIK 866273, matched by EIN; display name from the Form 10-K cover).