Employers › Matthews International
Recordkeeping fees per participant · Matthews International Corporation 401(k) Plan · plan year 2024
$104.32
Higher than 93% of the 1,697 plans $250M to 1B that report it.
= $436,577 / 4,185
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014151239NAL0001595187001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014151239NAL0001595187001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $250M to 1B 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 2025-10-14.
Administrative expenses excluding investment management, per participant
$106.84
Higher than 80% of the 2,324 plans $250M to 1B that report it.
= $447,120 / 4,185
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014151239NAL0001595187001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014151239NAL0001595187001, received 2025-10-14
Administrative expenses per participant
$145.24
Higher than 80% of the 2,405 plans $250M to 1B that report it.
= $607,850 / 4,185
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014151239NAL0001595187001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014151239NAL0001595187001, received 2025-10-14
Administrative expenses as a share of assets
0.172%
Higher than 88% of the 2,407 plans $250M to 1B that report it.
= $607,850 / $353,415,811
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014151239NAL0001595187001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014151239NAL0001595187001, received 2025-10-14
Employer contributions per participant
$2,399
Higher than 35% of the 2,457 plans $250M to 1B that report it.
= $10,039,228 / 4,185
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014151239NAL0001595187001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014151239NAL0001595187001, received 2025-10-14
Employer share of total contributions
29.2%
Higher than 44% of the 2,459 plans $250M to 1B that report it.
= $10,039,228 / $34,363,272
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014151239NAL0001595187001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014151239NAL0001595187001, received 2025-10-14
Plan terms are described in Matthews International Corporation's SEC filings: Form 10-K filed 2025-11-21. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014151239NAL0001595187001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MATTHEWS INTERNATIONAL CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Plan name | MATTHEWS INTERNATIONAL CORPORATION 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Sponsor EIN / plan number | 25-0644320 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Sponsor location | PITTSBURGH, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Industry (business code) | 331500, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Participants, beginning of year | 5,618 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Active participants | 3,932 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Participants, end of year | 5,387 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Participants with an account balance | 4,185 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Total assets, beginning of year | $457,669,397 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Total assets, end of year | $353,415,811 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Net assets, end of year | $353,415,811 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Total income | $105,181,774 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Net income | $47,528,618 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Employer contributions | $10,039,228 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Participant contributions | $20,899,649 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $3,424,395 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Total contributions | $34,363,272 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Benefit payments | $56,968,865 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $57,653,156 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Total administrative expenses | $607,850 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Recordkeeping fees | $436,577 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| IQPA audit fees | $9,643 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Investment advisory and management fees | $160,730 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Administrative expenses excluding investment management | $447,120 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Held in common/collective trusts | $26,718,848 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Held in mutual funds | $180,710,049 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014151239NAL0001595187001, received 2025-10-14 |
| Independent auditor | GOFF BACKA ALFERA & COMPANY LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014151239NAL0001595187001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014151239NAL0001595187001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | NONE | 64 Recordkeeping fees; 37 Participant loan processing; 15 Recordkeeping and information management; 50 Direct payment from the plan | $328,586 | yes |
| EMPOWER ADVISORY GROUP, LLC | NONE | 25 Trustee (directed); 50 Direct payment from the plan | $95,438 | no |
| MARINER INSTITUTIONAL LLC | NONE | 27 Investment advisory (plan) | $64,647 | no |
| GOFF BACKA ALFERA & COMPANY LLC | NONE | 10 Accounting (including auditing) | $9,643 | no |
| QDRO CONSULTANTS COMPANY, LLC | NONE | 16 Consulting (general) | $900 | no |
| EMPOWER FINANCIAL SERVICES, INC. | NONE | 72 Other investment fees and expenses; 33 Securities brokerage | $645 | no |
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 20251014151239NAL0001595187001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $457,669,397 | $353,415,811 | -22.8% |
| Participants with a balance | 5,379 | 4,185 | -22.2% |
| Administrative expenses | $449,425 | $607,850 | 35.3% |
| Recordkeeping fees per participant | $69.76 | $104.32 | 49.5% |
| Employer contributions | $10,316,516 | $10,039,228 | -2.7% |
Prior filing 20241015082358NAL0014242291001, received 2024-10-15; the plan years are contiguous.
Sponsor name as filed: MATTHEWS INTERNATIONAL CORPORATION; SEC registrant: MATTHEWS INTERNATIONAL CORP (CIK 63296, matched by EIN; display name from the Form 10-K cover).