401(k) · DOL Form 5500 · 2022

Management & Training Corporation Retirement Plan

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

$163M
Total assets
5,762
Participants
92th
Percentile by assets

Sponsored by Management & Training Corporation · Utah · Educational Services

What the 2022 filing shows

Management & Training Corporation Retirement Plan holds $163M for 5,762 participants - about $28,272 per participant, in the top 10% of all filed plans by assets, down 24.2% over the 2022 plan year.

$163M
total plan assets (2022 EOY)
5,762
covered participants
92th
percentile by assets (of 84,055 plans)
$28,272
avg assets per participant

The plan reported a net loss of $52M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$163M
Participants
5,762
State
Industry
Educational Services

What the Filing Says About Management & Training Corporation Retirement Plan

Management & Training Corporation Retirement Plan is a 401(k) retirement plan sponsored by Management & Training Corporation, headquartered in Utah. As of the 2022 Form 5500 filing, the plan reports $163M in total end-of-year assets and covers 5,762 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 870365322, and the plan has been effective since 1981-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $215M at the beginning of 2022 to $163M at year-end - a decline of 24.2%. Net assets (after liabilities) closed the year at $163M, with reported net income of $-51,926,710 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$215M
Total Assets (End of Year)$163M
Net Assets (End of Year)$163M
Net Income$-51,926,710
Plan Type401(k)
Employer EIN870365322
Plan Effective Date1981-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Management & Training Corporation)

Year Plans Participants Total Assets
2022 1 5,762 $163M
2023 1 5,366 $178M
2024 1 3,917 $198M

Nearby 401(k) Plans in Utah

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Management & Training Corporation Retirement Plan?
As of the 2022 Form 5500 filing, Management & Training Corporation Retirement Plan holds $163M in total assets with 5,762 participants. It is sponsored by Management & Training Corporation.
What type of plan is Management & Training Corporation Retirement Plan?
Management & Training Corporation Retirement Plan is a 401(k) plan. It has been effective since 1981-10-01. The plan is filed with the U.S. Department of Labor under EIN 870365322.
Who sponsors the Management & Training Corporation Retirement Plan?
Management & Training Corporation Retirement Plan is sponsored by Management & Training Corporation, located in Utah. The sponsor's EIN is 870365322 and the plan operates in the Educational Services industry.
How did Management & Training Corporation Retirement Plan perform in 2022?
Management & Training Corporation Retirement Plan declined by 24.2% during 2022, moving from $215M to $163M in total assets. Net income was $-51,926,710.
Where can I find official filings for Management & Training Corporation Retirement Plan?
Official Form 5500 filings for Management & Training Corporation Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 870365322 or plan name at efast.dol.gov.
How does Management & Training Corporation Retirement Plan compare to other plans?
You can compare Management & Training Corporation Retirement Plan against other 401(k) plans on the plan type page, or view plans in Utah on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

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 870365322.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.