401(k)
2022 plan-year 401(k) DOL Form 5500

IGOV 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

MA FEDERAL, INC. DBA IGOV.COM

This 401(k) plan holds $13M in total assets and serves 71 participants as of 2022. It is sponsored by MA FEDERAL, INC. DBA IGOV.COM in Virginia. The plan reported a net loss of $4M for the year.

Total Assets (2023)
$13M
Participants
71
State
Industry
Professional & Technical Services

What the Filing Says About IGOV 401(K) PLAN

IGOV 401(K) PLAN is a 401(k) retirement plan sponsored by MA FEDERAL, INC. DBA IGOV.COM, headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $13M in total end-of-year assets and covers 71 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 541802233, and the plan has been effective since 2007-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $17M at the beginning of 2022 to $13M at year-end — a decline of 22.2%. Net assets (after liabilities) closed the year at $13M, with reported net income of $-3,731,452 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$17M
Total Assets (End of Year)$13M
Net Assets (End of Year)$13M
Net Income$-3,731,452
Plan Type401(k)
Employer EIN541802233
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the IGOV 401(K) PLAN?
As of the 2022 Form 5500 filing, IGOV 401(K) PLAN holds $13M in total assets with 71 participants. It is sponsored by MA FEDERAL, INC. DBA IGOV.COM.
What type of plan is IGOV 401(K) PLAN?
IGOV 401(K) PLAN is a 401(k) plan. It has been effective since 2007-01-01. The plan is filed with the U.S. Department of Labor under EIN 541802233.
Who sponsors the IGOV 401(K) PLAN?
IGOV 401(K) PLAN is sponsored by MA FEDERAL, INC. DBA IGOV.COM, located in Virginia. The sponsor's EIN is 541802233 and the plan operates in the Professional & Technical Services industry.
How did IGOV 401(K) PLAN perform in 2022?
IGOV 401(K) PLAN declined by 22.2% during 2022, moving from $17M to $13M in total assets. Net income was $-3,731,452.
Where can I find official filings for IGOV 401(K) PLAN?
Official Form 5500 filings for IGOV 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541802233 or plan name at efast.dol.gov.
How does IGOV 401(K) PLAN compare to other plans?
You can compare IGOV 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 541802233.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.