Matrix Absence Management, Inc. 401(k) Plan (terminated 2020): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2020, when $48.3 million was transferred out of the plan. Assets moved to the RELIANCE STANDARD LIFE INSURANCE COMPANY RETIREMENT SAVINGS PLAN (sponsored by RELIANCE STANDARD LIFE INSURANCE COMPANY). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the RELIANCE STANDARD LIFE INSURANCE COMPANY RETIREMENT SAVINGS PLAN →Matrix Absence Management, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2020 filing.
Matrix Absence Management, Inc. 401(k) Plan Facts (plan year 2020)
Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 15, 2021. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $5.22 million went into the plan in contributions, $1.92 million of it from the employer (37%).
- $5.37 million was paid out to participants.
- Investment and other income added $5.89 million.
How the Matrix Absence Management, Inc. 401(k) changed, 2015–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2015 | 851 | $24.2 million | $1.30 million | $2.22 million |
| 2016 | 801 | $27.1 million | $1.37 million | $2.87 million |
| 2017 | 776 | $33.8 million | $1.54 million | $2.01 million |
| 2018 | 909 | $34.8 million | $1.85 million | $1.85 million |
| 2019 | 1,052 | $42.6 million | $1.88 million | $2.76 million |
| 2020 (final) | 1,006 | $0 | $1.92 million | $5.37 million |
Matrix Absence Management, Inc. 401(k) Contact Information
Questions about the Matrix Absence Management, Inc. 401(k)
Is the Matrix Absence Management, Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the RELIANCE STANDARD LIFE INSURANCE COMPANY RETIREMENT SAVINGS PLAN.
Does Matrix Absence Management, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $1.92 million, 37% of all contributions.
Does the Matrix Absence Management, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Matrix Absence Management, Inc 401(k) plan?
1,006 participants at the start of plan year 2020.
Who manages the Matrix Absence Management, Inc 401(k) accounts?
Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.