ESOP · DOL Form 5500 · 2024

Matrix Technologies, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
359
Participants Below avg headcount
33rd
Percentile by assets National rank
$7,577
Avg per participant Low balance/head
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Official DOL plan name: Matrix Technologies, Inc. Employee Stock Ownership Plan · Sponsored by Matrix Technologies, Inc. · · Professional & Technical Services

$3M in assets, 359 participants

Matrix Technologies, Inc.'s Matrix Technologies, Inc. Employee Stock Ownership Plan reported $3M in total assets and 359 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

  • #5,902 in Professional & Technical Services (20,173 peers)

Matrix Technologies, Inc. multi-year trail

Matrix Technologies, Inc.'s plans moved +48.6% in assets from 2022 to 2024; this filing shows Matrix Technologies, Inc. Employee Stock Ownership Plan at $3M / 359 participants.

#5,902
in Professional & Technical Services (20,173 peers)
-62.2%
assets change YoY

The plan reported a net loss of $27M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Matrix Technologies, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Matrix Technologies, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,720,295 33rd percentile higher than 33% of 123,620 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 2024

Matrix Technologies, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Matrix Technologies, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (359 participants).

Plan-year Form 5500 strip

Filing strip 341315997 · Matrix Technologies, Inc. PY 2024 · ESOP

Matrix Technologies, Inc. Employee Stock Ownership Plan · $3M · 359 · 33rd

  • RANK $3M
  • PHOTO 359
  • IND 33rd
  • EOY ESOP
  • 5500 near Wexco Incorporated Employee Stock Ownership Plan
  • ASSETS ind #5902

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 What is an ESOP? →

Matrix Technologies, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Matrix Technologies, Inc. Employee Stock Ownership PlanMatrix Technologies, Inc. Em…$3MWexco Incorporated Employee Stock Ownership PlanWexco Incorporated Employee …$3MElectronic Business Machines, Inc. Employee Stock Ownership Plan and Trust AgreementElectronic Business Machines…$3MWetherill Engineering, Inc. Employee Stock Ownership PlanWetherill Engineering, Inc. …$3MSherwood Design Engineers Employee Stock Ownership PlanSherwood Design Engineers Em…$3M
End-of-year total assets ($M) among Matrix Technologies, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Matrix Technologies, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Matrix Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$83M 48.638980956266856% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $55.9M $83M ▲ +48.6%
Year Plans Participants Total Assets
2022 1 270 $56M
2023 1 287 $66M
2024 2 667 $83M

Matrix Technologies, Inc. filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)-$20M
Net Income-$27M
Employer EIN341315997
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in

Peer ESOP plans, same state, same plan type, ranked by total assets.

Matrix Technologies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in , assets vs. participants Scatter plot of 6 data points. 0100200300400500 -50050100150 Total assets ($M) Participants Matrix Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 2.720295 · Participants: 359Matrix Technologies, Inc. Employee Stock Ownership PlanLetner Roofing Company Employee Stock Ownership Plan, Total assets ($M): 140.631332 · Participants: 71Letner Roofing Company Employee Stock Ownership PlanGodshall's Quality Meats Employee Stock Ownership Plan, Total assets ($M): 78.199328 · Participants: 273Godshall's Quality Meats Employee Stock Ownership PlanOnin Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 42.312512 · Participants: 422Onin Holdings, Inc. Employee Stock Ownership PlanPapich Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 33.8 · Participants: 85Papich Construction Company, Inc. Employee Stock Ownership PlanHc Employee Stock Ownership Plan, Total assets ($M): 25.6 · Participants: 430Hc Employee Stock Ownership Plan
Matrix Technologies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in , assets vs. participants
Compare Matrix Technologies, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Matrix Technologies, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside this state, the nearest ESOP by assets is Wexco Incorporated Employee Stock Ownership Plan in OR ($3M); by covered participants it is Harborone Bank Employee Stock Ownership Plan in MA (360 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (359 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Matrix Technologies, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Matrix Technologies, Inc. Employee Stock Ownership Plan contracted severely - down 62.2% during 2024, from $7M to $3M. Reported net income was -$27M.
How have Matrix Technologies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Matrix Technologies, Inc.'s sponsor-wide assets grew 48.6%, from $56M to $83M.
Which ESOP plans are similar in size to Matrix Technologies, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Wexco Incorporated Employee Stock Ownership Plan in OR ($3M, N/A participants).
Which ESOP plans cover a similar participant headcount to Matrix Technologies, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Harborone Bank Employee Stock Ownership Plan in MA (360 participants, $52M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341315997.

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.