401(k) · DOL Form 5500 · 2023

The Matthews Group, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
109
Participants Small participant base
59th
Percentile by assets National rank
$94,459
Avg per participant Below avg balance/head
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Official DOL plan name: The Matthews Group Retirement Plan · Sponsored by The Matthews Group, Inc. · Virginia · Construction

$10M in assets, 109 participants

The Matthews Group, Inc.'s The Matthews Group Retirement Plan reported $10M in total assets and 109 participants in its 2023 DOL Form 5500 filing, ranking in the 59th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,203 in Construction (9,030 peers)

Coverage in Virginia

The Matthews Group Retirement Plan covers 109 participants in Virginia, about 14% of the average Virginia filer (state average ~782 per filing). Assets: $10M.

#5,203
in Construction (9,030 peers)
+29.1%
assets growth YoY

The Matthews Group Retirement Plan's mid-pack asset rank among Construction and all filers

The Matthews Group Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$10,296,024 Top 41% higher than 59% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The Matthews Group Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Matthews Group Retirement Plan sits mid-pack in the medium band (109 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Matthews Group Retirement Plan reported net income rose from -$996K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • The Matthews Group Retirement Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • The Matthews Group Retirement Plan reported participants rose from 100 in the plan year 2022 filing to 109 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 541659669 · The Matthews Group, Inc. PY 2023 · 401(k)

The Matthews Group Retirement Plan · $10M · 109 · 59th

  • 5500 $10M
  • ASSETS 109
  • PCT 59th
  • EIN 401(k)
  • RANK near Bruce Gendelman Co., Inc. 401(k) Plan
  • PHOTO ind #5203

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Virginia →

The Matthews Group Retirement Plan in the asset neighbourhood

The Matthews Group Retirement PlanThe Matthews Group Retiremen…$10MBruce Gendelman Co., Inc. 401(k) PlanBruce Gendelman Co., Inc. 40…$10MRussell Cellular 401(k) Plan$10MAnova 401(k) Savings Plan$10MApplied Software Technology, LLC 401(k) Profit Sharing PlanApplied Software Technology,…$10M
End-of-year total assets ($M) among The Matthews Group Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN541659669
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Matthews Group, Inc.)

Sponsor-wide plan assets over time

All The Matthews Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 53.0421606809684% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $7.97M $12.2M ▲ +53.1%
Year Plans Participants Total Assets
2022 1 100 $8M
2023 1 109 $10M
2024 1 125 $12M

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Matthews Group Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants The Matthews Group Retirement Plan, Total assets ($B): 0.010296024 · Participants: 109The Matthews Group Retirement PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
The Matthews Group Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare The Matthews Group Retirement Plan side-by-side with 3 peers →

The Matthews Group Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Bruce Gendelman Co., Inc. 401(k) Plan in FL ($10M); by covered participants it is Mcmanis & Monsalve Associates Profit Sharing Plan in MD (109 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (109 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Matthews Group Retirement Plan assets move in 2023? ▼
The Matthews Group Retirement Plan grew sharply - up 29.1% during 2023, from $8M to $10M. Reported net income was $2M.
How have The Matthews Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Matthews Group, Inc.'s sponsor-wide assets grew 53.0%, from $8M to $12M.
Which 401(k) plans are similar in size to The Matthews Group Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bruce Gendelman Co., Inc. 401(k) Plan in FL ($10M, 53 participants).
Which 401(k) plans cover a similar participant headcount to The Matthews Group Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mcmanis & Monsalve Associates Profit Sharing Plan in MD (109 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541659669.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.