Providers › Trustee and custodial
Service provider · Schedule C, plan year 2024
Matrix Trust Company
Most often reported for trustee and custodial
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 605 retirement plans with 100 or more participants reported paying Matrix Trust Company $5,000 or more. Those plans cover 793,959 participant records, and the service most often reported is trustee and custodial.
Reported compensation from those plans, direct and indirect, totalled $11.8M. Per plan, the median was $23.62 per participant, with the middle half of plans between $7.72 and $58.37. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in Wisconsin (91), California (59) and Illinois (47).
In 2009 it appeared on 21 such filings; in 2024, 611. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $7.72 | $23.62 | $58.37 |
| Compensation as a share of plan net assets | 0.02% | 0.03% | 0.05% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Central Midwest Regional Council of Carpenters Defined Contribution Pension Plan | Trustees of Central Midwest Regional Council of Carpenters DC Pension | MI | 55,172 | $1.59B | $383K |
| Menard, Inc. 401(k) Plan | Menard, Inc. | WI | 54,287 | $282M | $0 |
| Pruitthealth, Inc. Employees 401(k) Plan and Hero Fund | Pruitthealth, Inc. | GA | 28,935 | $267M | $118K |
| International Painters and Allied Trades Industry Annuity Plan | Intl Painters & Allied Trades Ind. Pension Fund- | MD | 25,947 | $635M | $84K |
| Carpenters & Joiners Defined Contribution Plan | Board of Trustees of the Carpenters & Joiners Defined Contribution Pla | MN | 23,909 | $811M | $47K |
| National Express Safe Harbor 401(k) Plan | Durham School Services, L.P. | IL | 18,589 | $130M | $0 |
| Cox Savings Incentive Plan | Lester E. Cox Medical Centers | MO | 16,589 | $964M | $0 |
| Operating Engineers Local #49 Defined Contribution Plan | Trustees of Operating Engineers Local #49 Defined Contribution Plan | MN | 12,571 | $71.0M | $13K |
| Gundersen Lutheran Employees' Retirement Plan | Gundersen Lutheran Administrative Services, Inc. | WI | 12,092 | $2.87B | $0 |
| Pipe Trades Services MN Pension Supplement Fund | Board of Trustees of the Pipe Trades Services MN Pension Supplement TR | MN | 9,838 | $1.78B | $173K |
| Smart, Sheet Metal Workers Local No. 104 Supplemental Pension Plan | Board of Trustees of Smart, Sheet Metal Workers Local 104 Sup Pension | CA | 9,367 | $1.29B | $195K |
| Brookfield 401(k) Savings Plan | Brookfield Asset Management LLC | OH | 8,312 | $1.23B | $206K |
| Paradies Lagardere 401(k) Plan | The Paradies Shops, LLC | GA | 8,113 | $65.6M | $9,779 |
| Ironworkers District Council of the Pacific NW Field Ironworkers Annuity Trust Fund | Ironworkers District Council of the Paci Field Ironworkers Annuity Tru | WA | 7,937 | $589M | $143K |
| UFCW Local Union 1189 and St. Paul Food Employers Defined Contribution Plan | Trustees of UFCW Local Union 1189 and St. Paul Food Employers Def Cont | MN | 7,478 | $226M | $42K |
| Southern California Sheet Metal Workers' 401(a) Plan | Board of Trustees, Southern California Sheet Metal | CA | 7,069 | $547M | $112K |
| Solaris 401(k) Plan | Solaris Health Holdings, LLC | FL | 6,607 | $465M | $6,484 |
| Western Washington U.A. Supplemental Pension Plan | Board of Trustees of the Western Wa U.A. Supplemental Pension Plan | WA | 6,517 | $661M | $139K |
| Greenheck Fan Corporation 401(k) & Savings Plan | Greenheck Fan Corporation | WI | 5,731 | $579M | $86K |
| Edison Chouest Offshore Retirement Plan | Galliano Marine Service, L.L.C. | LA | 5,522 | $381M | $0 |
| Poly-America, L.P. Retirement Plan | Poly-America, L.P. | TX | 5,492 | $233M | $58K |
| Vermeer Corporation 401(k) Retirement Plan | Vermeer Corporation | IA | 5,384 | $499M | $606K |
| Skogen's Foodliner and Associates Retirement Savings Plan | Skogen's Foodliner, Inc. | WI | 5,339 | $131M | $32K |
| Powdr Corp. 401(k) Plan | Powdr Corp. | UT | 5,215 | $39.4M | $15K |
| American Maritime Officers Defined Contribution Plan | Board of Trustees American Maritime Officers Defined Contribution Plan | FL | 4,972 | $356M | $32K |
| Empire Retirement Savings Plan | Empire Southwest LLC | AZ | 4,885 | $487M | $0 |
| Oregon Laborers-Employers Defined Contribution and 401(k) Plan | Board of Trustees-Oregon Laborers- Employers Pension Trust Fund | OR | 4,811 | $20.9M | $11K |
| IBEW 332 Pension Plan - Part a | Board of Trustees, IBEW 332 Pension Plan - Part a | CA | 4,680 | $816M | $45K |
| Gis, LLC Compensation Deferral Plan | Grand Isle Shipyard, LLC | LA | 4,608 | $86.3M | $0 |
| American Maritime Officers Pension Plan | The Board of Trustees American Maritime Officers Pension Plan | FL | 4,385 | $758M | $11K |
| Trinity Industries, Inc. 401(k) Plan As Restated Effective August 1, 2020 | Trinity Industries, Inc. | TX | 4,357 | $385M | $7,397 |
| Northern California Pipe Trades Supplemental 401(k) Retirement Plan | Board of Trustees Northern Cali. Pipe Trades Pension Trust | CA | 4,259 | $569M | $125K |
| Blain Supply and Farm & Fleet Profit Sharing 401(k) Plan | Blain Supply, Inc. | WI | 4,202 | $210M | $0 |
| IBEW Local 332 Pension Plan Part B | Board of Trustees, IBEW Local 332 Pension Plan Part B | CA | 4,145 | $885M | $113K |
| Blue Bell Creameries, Inc. Employee Stock Ownership Plan | Blue Bell Creameries, Inc. | TX | 4,140 | $40.7M | $9,177 |
| Union Individual Account Retirement Fund | The Board of Trustees of the Union Individual Account Retirement Fund | WI | 4,139 | $309M | $33K |
| Paul Hastings LLP Defined Contribution Retirement Plan | Paul Hastings LLP | CA | 3,941 | $1.09B | $0 |
| American Pacific Mortgage Corporation 401(k) Plan | American Pacific Mortgage Corporation | CA | 3,904 | $153M | $0 |
| American Maritime Officers 401(k) Plan | Board of Trustees American Maritime Officers 401(k) Plan | FL | 3,883 | $678M | $184K |
| U.A. Local No. 393 Defined Benefit Pension Plan | Board of Trustees of the U.A. Local No. 393 Defined Benefit Pension | CA | 3,823 | $1.02B | $135K |
Questions and answers
How many plans does Matrix Trust Company serve?
605 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Matrix Trust Company?
The median plan reported $23.62 per participant in direct and indirect compensation (312 plans reporting an amount), or 0.03% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Custodial (securities) (478 plans), Trustee (bank, trust company, or similar financial institution) (380 plans), Trustee (directed) (349 plans) and Custodial (other than securities) (77 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.