MATRIX TRUST COMPANY
117 known aliases resolved via the canonical alias map
Market position · 2024
Plans served654-28 YoYRank #49 of mapped providers
Assets under administration$102.3B0.1%Market share · rank #132
Fees received$11MMedian $0/planSum across Schedule C direct + indirect
Net wins YoY-2873 won · 101 lostPlan-level switch detection
Plans served · 5-year trajectory
Market-share plans percent annotated. Bar height is raw plan count.
Customer-base shape
What does a typical MATRIX TRUST COMPANY plan look like?
Service mix · median fees per plan
Count of plans where MATRIX TRUST COMPANY ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Trustee (individual); Custodial (securities)Code 19 | 436 | $0 | |
Trustee (directed); Other services; Trustee (bank, trust company, or similar financial institution); Float revenue; Custodial (securities); Custodial (other than securities)Code 18 | 87 | $0 | |
Trustee (directed); Trustee (bank, trust company, or similar financial institution); Shareholder servicing feesCode 21 | 49 | $18,302 | |
Sub-transfer agency fees; Soft dollars commissions; Shareholder servicing feesCode 59 | 34 | $0 | |
Trustee (bank, trust company, or similar financial institution); Recordkeeping and information management (computing, tabulating, data processing, etc.)Code 15 | 33 | $12,635 | |
Sub-transfer agency fees; Finders' fees / placement fees; Distribution (12b-1) fees; Shareholder servicing fees; Soft dollars commissions; Direct payment from the planCode 50 | 15 | $0 | |
Soft dollars commissions; Float revenueCode 62 | 10 | $0 | |
Trustee (directed); Other fees; Float revenueCode 25 | 7 | $55,403 |
Competitor overlap
Percent of MATRIX TRUST COMPANY's plans that also list each competitor on Schedule C. High numbers = co-living partners; low numbers = direct displacement targets.
Plans won in 2024
Appeared this year; did not appear last year under MATRIX TRUST COMPANY.
| Sponsor | From | Assets |
|---|---|---|
VERIZON COMMUNICATIONS INC.NJ · 232259884-004 | KPMG LLP | $3.4B |
O'MELVENY & MYERS LLPCA · 951066597-003 | FIDELITY INVESTMENTS INSTITUTIONAL | $879M |
BOARD OF TRUSTEES OF THE CARPENTERS & JOINERS DEFINED CONTRIBUTION PLAMN · 411824896-001 | SECURIAN FINANCIAL SERVICES INC | $811M |
INTL PAINTERS & ALLIED TRADES IND. PENSION FUND-MD · 526073909-002 | SUNTRUST BANKS, INC. | $644M |
BOARD OF TRUSTEES AMERICAN MARITIME OFFICERS DEFINED CONTRIBUTION PLANFL · 271269640-001 | AMO MASTER OPERATING TRUST | $314M |
POLY-AMERICA, L.P.TX · 362809122-001 | MILLIMAN, INC. | $233M |
BOARD OF TRUSTEES, PIPE TRADES DISTRICT COUNCIL 36CA · 946082956-002 | LAW OFFICES OF CARROLL AND SCULLY | $152M |
JEFFERSON HOSPITAL ASSOCIATION, INCAR · 710329353-003 | SIMMONS BANK | $130M |
PLUMBERS & STEAMFITTERS LOCAL 434 LOCAL 434WI · 391905166-001 | (new plan) | $115M |
BUYERS PRODUCTS COMPANYOH · 341000414-001 | JOHNSON BANK | $101M |
Plans lost in 2024
Appeared last year under MATRIX TRUST COMPANY; not this year.
| Sponsor | To | Assets |
|---|---|---|
CITY NATIONAL BANKCA · 951780067-001 | GREAT-WEST LIFE & ANNUITY INSURANCE | $1.5B |
BOARD OF TRUSTEES, U.A. LOCAL 467 PENSION TRUSTCA · 942353807-005 | NEW CENTURY PARTNERS | $757M |
AMERICAN UNITED LIFE INSURANCE COMPANYIN · 350145825-003 | FUTURE PLAN CONSULTING - FORT WAYNE | $493M |
LOEB & LOEB LLPCA · 951780806-005 | SIGNATURE ESTATE & INVESTMENT | $396M |
RAYONIER ADVANCED MATERIALS INC.FL · 464559529-001 | PIMCO FUNDS | $357M |
COX, CASTLE & NICHOLSON LLPCA · 952547124-003 | ONEDIGITAL INVESTMENT ADVISORS LLC | $236M |
MERZ, INCORPORATEDNC · 561540459-003 | CHARLES SCHWAB & CO., INC. | $196M |
FIRSTCASH HOLDINGS, INC.TX · 873920732-001 | LPL FINANCIAL | $191M |
BADGER METER, INC.WI · 390143280-009 | CHARLES SCHWAB & CO., INC. | $187M |
WISCONSIN PIPE TRADES 401(K) PLANWI · 391712807-001 | FIDUCIENT ADVISORS LLC | $174M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
VERIZON COMMUNICATIONS INC.NJ · 232259884-102 | $29.4B | 119,145 | $46,399 | 7y | - |
ANHEUSER-BUSCH COMPANIES, LLCMO · 431162835-059 | $3.6B | 21,016 | $12,602 | 10y | 1 |
VERIZON COMMUNICATIONS INC.NJ · 232259884-004 | $3.4B | 15,222 | $5,364 | 1y | - |
GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC.WI · 391606449-002 | $2.9B | 12,092 | $0 | 2y | - |
BOARD OF TRUSTEES OF THE PIPE TRADES SERVICES MN PENSION SUPPLEMENT TRMN · 411539354-002 | $1.8B | 9,838 | $173,121 | 9y | - |
TRUSTEES OF CENTRAL MIDWEST REGIONAL COUNCIL OF CARPENTERS DC PENSIONMI · 351833932-001 | $1.6B | 55,172 | $382,513 | 4y | - |
BOARD OF TRUSTEES OF SMART, SHEET METAL WORKERS LOCAL 104 SUP PENSIONCA · 946560138-001 | $1.3B | 9,367 | $195,349 | 10y | 1 |
L BRANDS SERVICE COMPANY LLCOH · 311048997-002 | $1.2B | 30,989 | $111,925 | 4y | 1 |
PILLSBURY WINTHROP SHAW PITTMAN LLPCA · 941311126-001 | $1.2B | 2,313 | $0 | 10y | 1 |
PAUL HASTINGS LLPCA · 952209675-001 | $1.1B | 3,941 | $0 | 9y | - |
Flag exposure
79.2%Market: 89.2%
This provider
Market baseline
Share of this provider's plans tripping any deterministic red flag this year. Lower than market baseline = better risk surface.
Aliases resolved (117)
Raw Schedule C names collapsed into MATRIX TRUST COMPANY.
- BROADBRIDGE MATRIX TRUST COMPANY
- BROADRIDGE
- BROADRIDGE CO
- BROADRIDGE COMMUNICATION
- BROADRIDGE CUSTOMER COMMUNICATIONS
- BROADRIDGE FINANCIAL SOLUTIONS
- BROADRIDGE FINANCIAL SOLUTIONS INC
- BROADRIDGE FINANCIAL SOLUTIONS, INC
- BROADRIDGE FINANCIALSOLUTIONS
- BROADRIDGE ICS
- BROADRIDGE ICS INC
- BROADRIDGE INVESTOR
- BROADRIDGE INVESTOR COMMUNICATION S
- BROADRIDGE MATRIX
- BROADRIDGE MATRIX TRUST
- BROADRIDGE MATRIX TRUST CO
- BROADRIDGE MATRIX TRUST CO.
- BROADRIDGE MATRIX TRUST COMPANY
- BROADRIDGE TRUST COMPANY
- BROADRIDGE/MATRIX TRUST CO.
- BROADRIDGE/MATRIX TRUST COMPANY
- MA TRUST COMPANY D/B/A MATRIX TRUST
- MATRIX
- MATRIX BROADRIDGE
- MATRIX CAPITAL BANK
Book composition by plan size
Bars stack to total plans served; segments use the same asset cutoffs as the /retirement size filter. Up-and-to-the-right on the bigger segments = moving up-market.
Under $5M$5-50M$50-250M$250M-1B$1B+
Compliance posture vs market
Per-flag share for MATRIX TRUST COMPANY's book against the same flag's overall prevalence across all filings. Negative delta = under-indexed (cleaner book); positive = elevated risk surface.
| Flag | Plans flagged | Provider % | Market % | Delta |
|---|---|---|---|---|
| Recently terminated | 18 | 2.75% | 7.76% | -5.01 pp |
| Fidelity bond gap | 4 | 0.61% | 26.94% | -26.33 pp |
| Late contributions | 167 | 25.54% | 1.71% | +23.82 pp |
| Failed to provide benefit | 0 | 0.00% | 0.14% | -0.14 pp |
| Corrective distributions | 75 | 11.47% | 1.76% | +9.71 pp |
| Loss discovered | 0 | 0.00% | 0.00% | -0.00 pp |
New-plan formation share
Share of plans filing for the first time each year that landed with MATRIX TRUST COMPANY. Compare to the incumbent market share (1.0%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-1.0 pp vs incumbent
Geographic penetration index
(Provider plans in state / state plans) divided by the provider's overall share of the market. Index 1.00 = average; > 1 = over-indexed (winning more than their fair share); < 1 = under-indexed (white space).