401k Plan data: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN plan

MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	001

MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Offset plan - Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

MATRIX TOOL INC has sponsored the creation of one or more 401k plans.

Company Name: MATRIX TOOL INC

Employer identification number (EIN): 251259371

NAIC Classification: 326100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-11-01
001 2020-11-01
001 2020-11-01
001 2019-11-01
001 2018-11-01
001 2017-11-01
001 2016-11-01 TIMOTHY J. LEWIS
001 2015-11-01 TIMOTHY J. LEWIS 2017-04-24
001 2014-11-01 TIMOTHY LEWIS 2016-03-28 TIMOTHY LEWIS 2016-03-28
001 2013-11-01 TIMOTHY LEWIS 2015-04-28
001 2012-11-01 TIMOTHY LEWIS 2014-05-21
001 2011-11-01 TIMOTHY LEWIS 2013-01-02
001 2010-11-01 TIMOTHY LEWIS 2011-12-06

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2021-11-01
001	2020-11-01
001	2020-11-01
001	2019-11-01
001	2018-11-01
001	2017-11-01
001	2016-11-01	TIMOTHY J. LEWIS
001	2015-11-01	TIMOTHY J. LEWIS	2017-04-24
001	2014-11-01	TIMOTHY LEWIS	2016-03-28	TIMOTHY LEWIS	2016-03-28
001	2013-11-01	TIMOTHY LEWIS	2015-04-28
001	2012-11-01	TIMOTHY LEWIS	2014-05-21
001	2011-11-01	TIMOTHY LEWIS	2013-01-02
001	2010-11-01	TIMOTHY LEWIS	2011-12-06

Plan Statistics for MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2021: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-11-01 140
Total number of active participants reported on line 7a of the Form 5500 2021-11-01 135
Number of retired or separated participants receiving benefits 2021-11-01 0
Number of other retired or separated participants entitled to future benefits 2021-11-01 10
Total of all active and inactive participants 2021-11-01 145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-11-01 0
Total participants 2021-11-01 145
Number of participants with account balances 2021-11-01 110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-11-01 1
2020: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-11-01 138
Total number of active participants reported on line 7a of the Form 5500 2020-11-01 132
Number of retired or separated participants receiving benefits 2020-11-01 1
Number of other retired or separated participants entitled to future benefits 2020-11-01 7
Total of all active and inactive participants 2020-11-01 140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-11-01 0
Total participants 2020-11-01 140
Number of participants with account balances 2020-11-01 110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-11-01 8
2019: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-11-01 156
Total number of active participants reported on line 7a of the Form 5500 2019-11-01 129
Number of retired or separated participants receiving benefits 2019-11-01 3
Number of other retired or separated participants entitled to future benefits 2019-11-01 6
Total of all active and inactive participants 2019-11-01 138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-11-01 0
Total participants 2019-11-01 138
Number of participants with account balances 2019-11-01 118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-11-01 8
2018: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-11-01 162
Total number of active participants reported on line 7a of the Form 5500 2018-11-01 132
Number of retired or separated participants receiving benefits 2018-11-01 0
Number of other retired or separated participants entitled to future benefits 2018-11-01 24
Total of all active and inactive participants 2018-11-01 156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-11-01 0
Total participants 2018-11-01 156
Number of participants with account balances 2018-11-01 136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-11-01 5
2017: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-11-01 153
Total number of active participants reported on line 7a of the Form 5500 2017-11-01 143
Number of retired or separated participants receiving benefits 2017-11-01 0
Number of other retired or separated participants entitled to future benefits 2017-11-01 19
Total of all active and inactive participants 2017-11-01 162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-11-01 0
Total participants 2017-11-01 162
Number of participants with account balances 2017-11-01 124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-11-01 8
2016: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-11-01 128
Total number of active participants reported on line 7a of the Form 5500 2016-11-01 143
Number of retired or separated participants receiving benefits 2016-11-01 0
Number of other retired or separated participants entitled to future benefits 2016-11-01 10
Total of all active and inactive participants 2016-11-01 153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-11-01 0
Total participants 2016-11-01 153
Number of participants with account balances 2016-11-01 110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-11-01 2

Measure	Date	Value
2021: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-11-01	140
Total number of active participants reported on line 7a of the Form 5500	2021-11-01	135
Number of retired or separated participants receiving benefits	2021-11-01	0
Number of other retired or separated participants entitled to future benefits	2021-11-01	10
Total of all active and inactive participants	2021-11-01	145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-11-01	0
Total participants	2021-11-01	145
Number of participants with account balances	2021-11-01	110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-11-01	1
2020: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-11-01	138
Total number of active participants reported on line 7a of the Form 5500	2020-11-01	132
Number of retired or separated participants receiving benefits	2020-11-01	1
Number of other retired or separated participants entitled to future benefits	2020-11-01	7
Total of all active and inactive participants	2020-11-01	140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-11-01	0
Total participants	2020-11-01	140
Number of participants with account balances	2020-11-01	110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-11-01	8
2019: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-11-01	156
Total number of active participants reported on line 7a of the Form 5500	2019-11-01	129
Number of retired or separated participants receiving benefits	2019-11-01	3
Number of other retired or separated participants entitled to future benefits	2019-11-01	6
Total of all active and inactive participants	2019-11-01	138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-11-01	0
Total participants	2019-11-01	138
Number of participants with account balances	2019-11-01	118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-11-01	8
2018: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-11-01	162
Total number of active participants reported on line 7a of the Form 5500	2018-11-01	132
Number of retired or separated participants receiving benefits	2018-11-01	0
Number of other retired or separated participants entitled to future benefits	2018-11-01	24
Total of all active and inactive participants	2018-11-01	156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-11-01	0
Total participants	2018-11-01	156
Number of participants with account balances	2018-11-01	136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-11-01	5
2017: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-11-01	153
Total number of active participants reported on line 7a of the Form 5500	2017-11-01	143
Number of retired or separated participants receiving benefits	2017-11-01	0
Number of other retired or separated participants entitled to future benefits	2017-11-01	19
Total of all active and inactive participants	2017-11-01	162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-11-01	0
Total participants	2017-11-01	162
Number of participants with account balances	2017-11-01	124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-11-01	8
2016: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-11-01	128
Total number of active participants reported on line 7a of the Form 5500	2016-11-01	143
Number of retired or separated participants receiving benefits	2016-11-01	0
Number of other retired or separated participants entitled to future benefits	2016-11-01	10
Total of all active and inactive participants	2016-11-01	153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-11-01	0
Total participants	2016-11-01	153
Number of participants with account balances	2016-11-01	110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-11-01	2

Financial Data on MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2022 : MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Unrealized appreciation/depreciation of real estate assets	2022-10-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2022-10-31	$0
Total unrealized appreciation/depreciation of assets	2022-10-31	$0
Total transfer of assets to this plan	2022-10-31	$0
Total transfer of assets from this plan	2022-10-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-10-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-10-31	$0
Expenses. Interest paid	2022-10-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2022-10-31	$0
Total income from all sources (including contributions)	2022-10-31	$-360,300
Total loss/gain on sale of assets	2022-10-31	$0
Total of all expenses incurred	2022-10-31	$429,672
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-10-31	$392,392
Expenses. Certain deemed distributions of participant loans	2022-10-31	$0
Value of total corrective distributions	2022-10-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-10-31	$481,920
Value of total assets at end of year	2022-10-31	$7,632,384
Value of total assets at beginning of year	2022-10-31	$8,422,356
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-10-31	$37,280
Total income from rents	2022-10-31	$0
Total interest from all sources	2022-10-31	$1,334
Total dividends received (eg from common stock, registered investment company shares)	2022-10-31	$371,752
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-10-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-10-31	$371,752
Assets. Real estate other than employer real property at end of year	2022-10-31	$0
Assets. Real estate other than employer real property at beginning of year	2022-10-31	$0
Administrative expenses professional fees incurred	2022-10-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2022-10-31	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2022-10-31	$0
Was this plan covered by a fidelity bond	2022-10-31	Yes
Value of fidelity bond cover	2022-10-31	$500,000
If this is an individual account plan, was there a blackout period	2022-10-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2022-10-31	No
Contributions received from participants	2022-10-31	$295,738
Participant contributions at end of year	2022-10-31	$21,098
Participant contributions at beginning of year	2022-10-31	$27,585
Participant contributions at end of year	2022-10-31	$0
Participant contributions at beginning of year	2022-10-31	$0
Assets. Other investments not covered elsewhere at end of year	2022-10-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2022-10-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2022-10-31	$102,963
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2022-10-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-10-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-10-31	$0
Assets. Loans (other than to participants) at end of year	2022-10-31	$0
Assets. Loans (other than to participants) at beginning of year	2022-10-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-10-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-10-31	$0
Other income not declared elsewhere	2022-10-31	$352
Administrative expenses (other) incurred	2022-10-31	$37,138
Liabilities. Value of operating payables at end of year	2022-10-31	$0
Liabilities. Value of operating payables at beginning of year	2022-10-31	$0
Total non interest bearing cash at end of year	2022-10-31	$0
Total non interest bearing cash at beginning of year	2022-10-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-10-31	No
Income. Non cash contributions	2022-10-31	$0
Value of net income/loss	2022-10-31	$-789,972
Value of net assets at end of year (total assets less liabilities)	2022-10-31	$7,632,384
Value of net assets at beginning of year (total assets less liabilities)	2022-10-31	$8,422,356
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-10-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-10-31	No
Were any leases to which the plan was party in default or uncollectible	2022-10-31	No
Assets. partnership/joint venture interests at end of year	2022-10-31	$0
Assets. partnership/joint venture interests at beginning of year	2022-10-31	$0
Investment advisory and management fees	2022-10-31	$142
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-10-31	$6,739,560
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-10-31	$7,446,171
Value of interest in pooled separate accounts at end of year	2022-10-31	$0
Value of interest in pooled separate accounts at beginning of year	2022-10-31	$0
Interest on participant loans	2022-10-31	$1,334
Income. Interest from loans (other than to participants)	2022-10-31	$0
Interest earned on other investments	2022-10-31	$0
Income. Interest from US Government securities	2022-10-31	$0
Income. Interest from corporate debt instruments	2022-10-31	$0
Value of interest in master investment trust accounts at end of year	2022-10-31	$0
Value of interest in master investment trust accounts at beginning of year	2022-10-31	$0
Value of interest in common/collective trusts at end of year	2022-10-31	$791,606
Value of interest in common/collective trusts at beginning of year	2022-10-31	$878,600
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-10-31	$120
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-10-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-10-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-10-31	$0
Assets. Value of investments in 103.12 investment entities at end of year	2022-10-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2022-10-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-10-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-10-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2022-10-31	$0
Asset value of US Government securities at end of year	2022-10-31	$0
Asset value of US Government securities at beginning of year	2022-10-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-10-31	$-1,221,402
Net investment gain/loss from pooled separate accounts	2022-10-31	$0
Net investment gain or loss from common/collective trusts	2022-10-31	$5,744
Net gain/loss from 103.12 investment entities	2022-10-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-10-31	No
Was there a failure to transmit to the plan any participant contributions	2022-10-31	No
Has the plan failed to provide any benefit when due under the plan	2022-10-31	No
Assets. Invements in employer securities at end of year	2022-10-31	$0
Assets. Invements in employer securities at beginning of year	2022-10-31	$0
Assets. Value of employer real property at end of year	2022-10-31	$0
Assets. Value of employer real property at beginning of year	2022-10-31	$0
Contributions received in cash from employer	2022-10-31	$83,219
Employer contributions (assets) at end of year	2022-10-31	$80,000
Employer contributions (assets) at beginning of year	2022-10-31	$70,000
Income. Dividends from preferred stock	2022-10-31	$0
Income. Dividends from common stock	2022-10-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-10-31	$392,392
Asset. Corporate debt instrument preferred debt at end of year	2022-10-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2022-10-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2022-10-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2022-10-31	$0
Contract administrator fees	2022-10-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2022-10-31	Yes
Assets. Corporate common stocks other than exployer securities at end of year	2022-10-31	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2022-10-31	$0
Liabilities. Value of benefit claims payable at end of year	2022-10-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2022-10-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2022-10-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2022-10-31	$0
Did the plan have assets held for investment	2022-10-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-10-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-10-31	No
Aggregate proceeds on sale of assets	2022-10-31	$0
Aggregate carrying amount (costs) on sale of assets	2022-10-31	$0
Liabilities. Value of acquisition indebtedness at end of year	2022-10-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2022-10-31	$0
Opinion of an independent qualified public accountant for this plan	2022-10-31	Unqualified
Accountancy firm name	2022-10-31	SCHAFFNER, KNIGHT, MINNAUGH & CO PC
Accountancy firm EIN	2022-10-31	251690617
2021 : MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-10-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-10-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-10-31	$0
Total income from all sources (including contributions)	2021-10-31	$2,115,998
Total loss/gain on sale of assets	2021-10-31	$0
Total of all expenses incurred	2021-10-31	$634,363
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-10-31	$602,461
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-10-31	$326,057
Value of total assets at end of year	2021-10-31	$8,422,356
Value of total assets at beginning of year	2021-10-31	$6,940,721
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-10-31	$31,902
Total interest from all sources	2021-10-31	$1,658
Total dividends received (eg from common stock, registered investment company shares)	2021-10-31	$318,476
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-10-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-10-31	$318,476
Was this plan covered by a fidelity bond	2021-10-31	Yes
Value of fidelity bond cover	2021-10-31	$500,000
If this is an individual account plan, was there a blackout period	2021-10-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-10-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-10-31	No
Contributions received from participants	2021-10-31	$256,057
Participant contributions at end of year	2021-10-31	$27,585
Participant contributions at beginning of year	2021-10-31	$34,009
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-10-31	No
Value of net income/loss	2021-10-31	$1,481,635
Value of net assets at end of year (total assets less liabilities)	2021-10-31	$8,422,356
Value of net assets at beginning of year (total assets less liabilities)	2021-10-31	$6,940,721
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-10-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-10-31	No
Were any leases to which the plan was party in default or uncollectible	2021-10-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-10-31	$7,446,171
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-10-31	$5,941,369
Interest on participant loans	2021-10-31	$1,658
Value of interest in common/collective trusts at end of year	2021-10-31	$878,600
Value of interest in common/collective trusts at beginning of year	2021-10-31	$902,343
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-10-31	$1,465,725
Net investment gain or loss from common/collective trusts	2021-10-31	$4,082
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-10-31	No
Was there a failure to transmit to the plan any participant contributions	2021-10-31	No
Has the plan failed to provide any benefit when due under the plan	2021-10-31	No
Contributions received in cash from employer	2021-10-31	$70,000
Employer contributions (assets) at end of year	2021-10-31	$70,000
Employer contributions (assets) at beginning of year	2021-10-31	$63,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-10-31	$602,461
Contract administrator fees	2021-10-31	$31,902
Did the plan have assets held for investment	2021-10-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-10-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-10-31	No
Opinion of an independent qualified public accountant for this plan	2021-10-31	Disclaimer
Accountancy firm name	2021-10-31	SCHAFFNER, KNIGHT, MINNAUGH & CO PC
Accountancy firm EIN	2021-10-31	251690617
2020 : MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-10-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-10-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-10-31	$0
Total income from all sources (including contributions)	2020-10-31	$577,308
Total loss/gain on sale of assets	2020-10-31	$0
Total of all expenses incurred	2020-10-31	$580,687
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-10-31	$550,431
Value of total corrective distributions	2020-10-31	$1,583
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-10-31	$281,744
Value of total assets at end of year	2020-10-31	$6,940,721
Value of total assets at beginning of year	2020-10-31	$6,944,100
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-10-31	$28,673
Total interest from all sources	2020-10-31	$2,991
Total dividends received (eg from common stock, registered investment company shares)	2020-10-31	$265,358
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-10-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-10-31	$265,358
Was this plan covered by a fidelity bond	2020-10-31	Yes
Value of fidelity bond cover	2020-10-31	$500,000
If this is an individual account plan, was there a blackout period	2020-10-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-10-31	No
Contributions received from participants	2020-10-31	$218,744
Participant contributions at end of year	2020-10-31	$34,009
Participant contributions at beginning of year	2020-10-31	$49,900
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-10-31	No
Value of net income/loss	2020-10-31	$-3,379
Value of net assets at end of year (total assets less liabilities)	2020-10-31	$6,940,721
Value of net assets at beginning of year (total assets less liabilities)	2020-10-31	$6,944,100
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-10-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-10-31	No
Were any leases to which the plan was party in default or uncollectible	2020-10-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-10-31	$5,941,369
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-10-31	$5,982,985
Interest on participant loans	2020-10-31	$2,991
Value of interest in common/collective trusts at end of year	2020-10-31	$902,343
Value of interest in common/collective trusts at beginning of year	2020-10-31	$848,215
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-10-31	$10,749
Net investment gain or loss from common/collective trusts	2020-10-31	$16,466
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-10-31	No
Was there a failure to transmit to the plan any participant contributions	2020-10-31	No
Has the plan failed to provide any benefit when due under the plan	2020-10-31	No
Contributions received in cash from employer	2020-10-31	$63,000
Employer contributions (assets) at end of year	2020-10-31	$63,000
Employer contributions (assets) at beginning of year	2020-10-31	$63,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-10-31	$550,431
Contract administrator fees	2020-10-31	$28,673
Did the plan have assets held for investment	2020-10-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-10-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-10-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2020-10-31	Yes
Opinion of an independent qualified public accountant for this plan	2020-10-31	Disclaimer
Accountancy firm name	2020-10-31	SCHAFFNER, KNIGHT, MINNAUGH & CO PC
Accountancy firm EIN	2020-10-31	251690617
2019 : MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources (including contributions)	2019-10-31	$1,031,512
Total loss/gain on sale of assets	2019-10-31	$2,481
Total of all expenses incurred	2019-10-31	$77,251
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-10-31	$62,745
Value of total corrective distributions	2019-10-31	$637
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-10-31	$338,240
Value of total assets at end of year	2019-10-31	$6,944,100
Value of total assets at beginning of year	2019-10-31	$5,989,839
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-10-31	$13,869
Total interest from all sources	2019-10-31	$2,904
Total dividends received (eg from common stock, registered investment company shares)	2019-10-31	$306,254
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-10-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-10-31	$306,254
Administrative expenses professional fees incurred	2019-10-31	$13,869
Was this plan covered by a fidelity bond	2019-10-31	Yes
Value of fidelity bond cover	2019-10-31	$500,000
If this is an individual account plan, was there a blackout period	2019-10-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-10-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-10-31	No
Contributions received from participants	2019-10-31	$212,747
Participant contributions at end of year	2019-10-31	$49,900
Participant contributions at beginning of year	2019-10-31	$67,514
Income. Received or receivable in cash from other sources (including rollovers)	2019-10-31	$62,493
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-10-31	No
Value of net income/loss	2019-10-31	$954,261
Value of net assets at end of year (total assets less liabilities)	2019-10-31	$6,944,100
Value of net assets at beginning of year (total assets less liabilities)	2019-10-31	$5,989,839
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-10-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-10-31	No
Were any leases to which the plan was party in default or uncollectible	2019-10-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-10-31	$5,982,985
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-10-31	$5,215,845
Interest on participant loans	2019-10-31	$2,904
Value of interest in common/collective trusts at end of year	2019-10-31	$848,215
Value of interest in common/collective trusts at beginning of year	2019-10-31	$628,480
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-10-31	$364,339
Net investment gain or loss from common/collective trusts	2019-10-31	$17,294
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-10-31	No
Was there a failure to transmit to the plan any participant contributions	2019-10-31	No
Has the plan failed to provide any benefit when due under the plan	2019-10-31	No
Contributions received in cash from employer	2019-10-31	$63,000
Employer contributions (assets) at end of year	2019-10-31	$63,000
Employer contributions (assets) at beginning of year	2019-10-31	$78,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-10-31	$62,745
Did the plan have assets held for investment	2019-10-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-10-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-10-31	No
Aggregate proceeds on sale of assets	2019-10-31	$1,069,082
Aggregate carrying amount (costs) on sale of assets	2019-10-31	$1,066,601
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-10-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-10-31	Disclaimer
Accountancy firm name	2019-10-31	SCHAFFNER, KNIGHT, MINNAUGH & CO PC
Accountancy firm EIN	2019-10-31	251690617
2018 : MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources (including contributions)	2018-10-31	$345,149
Total loss/gain on sale of assets	2018-10-31	$22,252
Total of all expenses incurred	2018-10-31	$176,722
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-10-31	$146,412
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-10-31	$279,404
Value of total assets at end of year	2018-10-31	$5,989,839
Value of total assets at beginning of year	2018-10-31	$5,821,412
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-10-31	$30,310
Total interest from all sources	2018-10-31	$3,783
Total dividends received (eg from common stock, registered investment company shares)	2018-10-31	$160,521
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-10-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-10-31	$160,521
Administrative expenses professional fees incurred	2018-10-31	$30,310
Was this plan covered by a fidelity bond	2018-10-31	Yes
Value of fidelity bond cover	2018-10-31	$500,000
If this is an individual account plan, was there a blackout period	2018-10-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-10-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-10-31	No
Contributions received from participants	2018-10-31	$201,404
Participant contributions at end of year	2018-10-31	$67,514
Participant contributions at beginning of year	2018-10-31	$91,292
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-10-31	$70,666
Other income not declared elsewhere	2018-10-31	$486
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-10-31	No
Value of net income/loss	2018-10-31	$168,427
Value of net assets at end of year (total assets less liabilities)	2018-10-31	$5,989,839
Value of net assets at beginning of year (total assets less liabilities)	2018-10-31	$5,821,412
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-10-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-10-31	No
Were any leases to which the plan was party in default or uncollectible	2018-10-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-10-31	$5,215,845
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-10-31	$5,097,653
Interest on participant loans	2018-10-31	$3,783
Value of interest in common/collective trusts at end of year	2018-10-31	$628,480
Value of interest in common/collective trusts at beginning of year	2018-10-31	$486,801
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-10-31	$-130,255
Net investment gain or loss from common/collective trusts	2018-10-31	$8,958
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-10-31	No
Was there a failure to transmit to the plan any participant contributions	2018-10-31	No
Has the plan failed to provide any benefit when due under the plan	2018-10-31	No
Contributions received in cash from employer	2018-10-31	$78,000
Employer contributions (assets) at end of year	2018-10-31	$78,000
Employer contributions (assets) at beginning of year	2018-10-31	$75,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-10-31	$146,412
Did the plan have assets held for investment	2018-10-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-10-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-10-31	No
Aggregate proceeds on sale of assets	2018-10-31	$1,071,608
Aggregate carrying amount (costs) on sale of assets	2018-10-31	$1,049,356
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-10-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-10-31	Disclaimer
Accountancy firm name	2018-10-31	SCHAFFNER, KNIGHT, MINNAUGH & CO PC
Accountancy firm EIN	2018-10-31	251690617
2017 : MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources (including contributions)	2017-10-31	$1,144,234
Total loss/gain on sale of assets	2017-10-31	$166,988
Total of all expenses incurred	2017-10-31	$224,420
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-10-31	$215,865
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-10-31	$417,583
Value of total assets at end of year	2017-10-31	$5,821,412
Value of total assets at beginning of year	2017-10-31	$4,901,598
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-10-31	$8,555
Total interest from all sources	2017-10-31	$4,491
Total dividends received (eg from common stock, registered investment company shares)	2017-10-31	$168,446
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-10-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-10-31	$168,446
Administrative expenses professional fees incurred	2017-10-31	$8,555
Was this plan covered by a fidelity bond	2017-10-31	Yes
Value of fidelity bond cover	2017-10-31	$500,000
If this is an individual account plan, was there a blackout period	2017-10-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-10-31	No
Contributions received from participants	2017-10-31	$172,999
Participant contributions at end of year	2017-10-31	$91,292
Participant contributions at beginning of year	2017-10-31	$115,775
Income. Received or receivable in cash from other sources (including rollovers)	2017-10-31	$169,584
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-10-31	$70,666
Other income not declared elsewhere	2017-10-31	$2
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-10-31	No
Value of net income/loss	2017-10-31	$919,814
Value of net assets at end of year (total assets less liabilities)	2017-10-31	$5,821,412
Value of net assets at beginning of year (total assets less liabilities)	2017-10-31	$4,901,598
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-10-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-10-31	No
Were any leases to which the plan was party in default or uncollectible	2017-10-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-10-31	$5,097,653
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-10-31	$4,345,024
Interest on participant loans	2017-10-31	$4,491
Value of interest in common/collective trusts at end of year	2017-10-31	$486,801
Value of interest in common/collective trusts at beginning of year	2017-10-31	$368,799
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-10-31	$381,342
Net investment gain or loss from common/collective trusts	2017-10-31	$5,382
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-10-31	No
Was there a failure to transmit to the plan any participant contributions	2017-10-31	No
Has the plan failed to provide any benefit when due under the plan	2017-10-31	No
Contributions received in cash from employer	2017-10-31	$75,000
Employer contributions (assets) at end of year	2017-10-31	$75,000
Employer contributions (assets) at beginning of year	2017-10-31	$72,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-10-31	$215,865
Did the plan have assets held for investment	2017-10-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-10-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-10-31	No
Aggregate proceeds on sale of assets	2017-10-31	$4,706,864
Aggregate carrying amount (costs) on sale of assets	2017-10-31	$4,539,876
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-10-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-10-31	Disclaimer
Accountancy firm name	2017-10-31	SCHAFFNER, KNIGHT, MINNAUGH & CO.PC
Accountancy firm EIN	2017-10-31	251690617

Form 5500 Responses for MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN

2021: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-11-01	Type of plan entity	Single employer plan
2021-11-01	Submission has been amended	No
2021-11-01	This submission is the final filing	No
2021-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-11-01	Plan is a collectively bargained plan	No
2021-11-01	Plan funding arrangement – Trust	Yes
2021-11-01	Plan benefit arrangement - Trust	Yes
2020: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-11-01	Type of plan entity	Single employer plan
2020-11-01	Submission has been amended	Yes
2020-11-01	This submission is the final filing	No
2020-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-11-01	Plan is a collectively bargained plan	No
2020-11-01	Plan funding arrangement – Trust	Yes
2020-11-01	Plan benefit arrangement - Trust	Yes
2019: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-11-01	Type of plan entity	Single employer plan
2019-11-01	Submission has been amended	No
2019-11-01	This submission is the final filing	No
2019-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-11-01	Plan is a collectively bargained plan	No
2019-11-01	Plan funding arrangement – Trust	Yes
2019-11-01	Plan benefit arrangement - Trust	Yes
2018: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-11-01	Type of plan entity	Single employer plan
2018-11-01	Plan funding arrangement – Trust	Yes
2018-11-01	Plan benefit arrangement - Trust	Yes
2017: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-11-01	Type of plan entity	Single employer plan
2017-11-01	Plan funding arrangement – Trust	Yes
2017-11-01	Plan benefit arrangement - Trust	Yes
2016: MATRIX TOOL, INC. 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-11-01	Type of plan entity	Single employer plan
2016-11-01	Plan funding arrangement – Trust	Yes
2016-11-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MATRIX TOOL INC
Employer identification number (EIN):	251259371
NAIC Classification:	326100