Civic Intelligence

Matrix Business Concepts

Plan context: Matrix Business Concepts 401(K) Profit Shang Plan

EIN 01-0611119 • Concord, NH • 16 filings • 3 plans

130 North Main StreetConcord, NH 03301
Current Snapshot

Latest Year

2024

2024 Participants

75

2024 Assets

$3,774,861

2024 Contributions

$1,050,588

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$3,774,861$1,887,431$0201520202024YearValue
$3,774,861Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

75380201520202024YearValue
75Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024175$3,774,861$1,050,588$14,008iApproximate average salary by contribution assumption: employee only about $350,196 at 4% or $233,464 at 6%; with 50% employer match about $233,464 at 4% or $155,643 at 6%; with 100% employer match about $175,098 at 4% or $116,732 at 6%.
Matrix Business Concepts 401(K) Profit Shang Plan-75$3,774,861$1,050,588$14,008iApproximate average salary by contribution assumption: employee only about $350,196 at 4% or $233,464 at 6%; with 50% employer match about $233,464 at 4% or $155,643 at 6%; with 100% employer match about $175,098 at 4% or $116,732 at 6%.
2023158$2,748,270$999,179$17,227iApproximate average salary by contribution assumption: employee only about $430,681 at 4% or $287,120 at 6%; with 50% employer match about $287,120 at 4% or $191,414 at 6%; with 100% employer match about $215,340 at 4% or $143,560 at 6%.
Matrix Business Concepts 401(K) Profit Shang Plan-58$2,748,270$999,179$17,227iApproximate average salary by contribution assumption: employee only about $430,681 at 4% or $287,120 at 6%; with 50% employer match about $287,120 at 4% or $191,414 at 6%; with 100% employer match about $215,340 at 4% or $143,560 at 6%.
2022155$2,007,104$881,907$16,035iApproximate average salary by contribution assumption: employee only about $400,867 at 4% or $267,245 at 6%; with 50% employer match about $267,245 at 4% or $178,163 at 6%; with 100% employer match about $200,433 at 4% or $133,622 at 6%.
Matrix Business Concepts 401(K) Profit Shang Plan-55$2,007,104$881,907$16,035iApproximate average salary by contribution assumption: employee only about $400,867 at 4% or $267,245 at 6%; with 50% employer match about $267,245 at 4% or $178,163 at 6%; with 100% employer match about $200,433 at 4% or $133,622 at 6%.
2021155$1,753,878$876,540$15,937iApproximate average salary by contribution assumption: employee only about $398,427 at 4% or $265,618 at 6%; with 50% employer match about $265,618 at 4% or $177,079 at 6%; with 100% employer match about $199,214 at 4% or $132,809 at 6%.
Matrix Business Concepts 401(K) Profit Shang Plan-55$1,753,878$876,540$15,937iApproximate average salary by contribution assumption: employee only about $398,427 at 4% or $265,618 at 6%; with 50% employer match about $265,618 at 4% or $177,079 at 6%; with 100% employer match about $199,214 at 4% or $132,809 at 6%.
2020141$1,266,506$584,039$14,245iApproximate average salary by contribution assumption: employee only about $356,121 at 4% or $237,414 at 6%; with 50% employer match about $237,414 at 4% or $158,276 at 6%; with 100% employer match about $178,061 at 4% or $118,707 at 6%.
Matrix Business Concepts 401(K) Profit Shang Plan-41$1,266,506$584,039$14,245iApproximate average salary by contribution assumption: employee only about $356,121 at 4% or $237,414 at 6%; with 50% employer match about $237,414 at 4% or $158,276 at 6%; with 100% employer match about $178,061 at 4% or $118,707 at 6%.
2019230$655,038$260,120$8,671iApproximate average salary by contribution assumption: employee only about $216,767 at 4% or $144,511 at 6%; with 50% employer match about $144,511 at 4% or $96,341 at 6%; with 100% employer match about $108,383 at 4% or $72,256 at 6%.
Matrix Business Concepts 401(K) Profit Shang Plan-30$655,038$252,666$8,422iApproximate average salary by contribution assumption: employee only about $210,555 at 4% or $140,370 at 6%; with 50% employer match about $140,370 at 4% or $93,580 at 6%; with 100% employer match about $105,278 at 4% or $70,185 at 6%.
Matrix Business Concepts Cash Balance Plan-0$0$7,454-
2018232$1,169,257$228,146$7,130iApproximate average salary by contribution assumption: employee only about $178,239 at 4% or $118,826 at 6%; with 50% employer match about $118,826 at 4% or $79,217 at 6%; with 100% employer match about $89,120 at 4% or $59,413 at 6%.
Matrix Business Concepts Cash Balance Plan-14$773,509$0-
Matrix Business Concepts 401(K) Profit Shang Plan-32$395,748$228,146$7,130iApproximate average salary by contribution assumption: employee only about $178,239 at 4% or $118,826 at 6%; with 50% employer match about $118,826 at 4% or $79,217 at 6%; with 100% employer match about $89,120 at 4% or $59,413 at 6%.
2017213$1,347,573$427,719$32,901iApproximate average salary by contribution assumption: employee only about $822,537 at 4% or $548,358 at 6%; with 50% employer match about $548,358 at 4% or $365,572 at 6%; with 100% employer match about $411,268 at 4% or $274,179 at 6%.
Matrix Business Concepts Cash Balance Plan-9$802,412$286,117$31,791iApproximate average salary by contribution assumption: employee only about $794,769 at 4% or $529,846 at 6%; with 50% employer match about $529,846 at 4% or $353,231 at 6%; with 100% employer match about $397,385 at 4% or $264,923 at 6%.
Matrix Business Concepts 401(K) Profit Shang Plan-13$545,161$141,602$10,892iApproximate average salary by contribution assumption: employee only about $272,312 at 4% or $181,541 at 6%; with 50% employer match about $181,541 at 4% or $121,027 at 6%; with 100% employer match about $136,156 at 4% or $90,771 at 6%.
201621$950,727$306,621$306,621iApproximate average salary by contribution assumption: employee only about $7,665,525 at 4% or $5,110,350 at 6%; with 50% employer match about $5,110,350 at 4% or $3,406,900 at 6%; with 100% employer match about $3,832,763 at 4% or $2,555,175 at 6%.
Matrix Business Concepts 401(K) Profit Shang Plan-1$475,764$39,900$39,900iApproximate average salary by contribution assumption: employee only about $997,500 at 4% or $665,000 at 6%; with 50% employer match about $665,000 at 4% or $443,333 at 6%; with 100% employer match about $498,750 at 4% or $332,500 at 6%.
Matrix Business Concepts Cash Balance Plan-1$474,963$266,721$266,721iApproximate average salary by contribution assumption: employee only about $6,668,025 at 4% or $4,445,350 at 6%; with 50% employer match about $4,445,350 at 4% or $2,963,567 at 6%; with 100% employer match about $3,334,013 at 4% or $2,222,675 at 6%.
201531$740,828$279,573$279,573iApproximate average salary by contribution assumption: employee only about $6,989,325 at 4% or $4,659,550 at 6%; with 50% employer match about $4,659,550 at 4% or $3,106,367 at 6%; with 100% employer match about $3,494,663 at 4% or $2,329,775 at 6%.
Matrix Business Concepts 401(K) Profit Shang Plan-1$499,877$38,622$38,622iApproximate average salary by contribution assumption: employee only about $965,550 at 4% or $643,700 at 6%; with 50% employer match about $643,700 at 4% or $429,133 at 6%; with 100% employer match about $482,775 at 4% or $321,850 at 6%.
Matrix Business Concepts Cash Balance Plan-1$203,329$203,329$203,329iApproximate average salary by contribution assumption: employee only about $5,083,225 at 4% or $3,388,817 at 6%; with 50% employer match about $3,388,817 at 4% or $2,259,211 at 6%; with 100% employer match about $2,541,613 at 4% or $1,694,408 at 6%.
Matrix Business Concepts 401(K) Profit Shang Plan-1$37,622$37,622$37,622iApproximate average salary by contribution assumption: employee only about $940,550 at 4% or $627,033 at 6%; with 50% employer match about $627,033 at 4% or $418,022 at 6%; with 100% employer match about $470,275 at 4% or $313,517 at 6%.
Matrix Business Concepts | EIN 01-0611119 | 2024 Form 5500 Company Profile