401(k) · DOL Form 5500 · 2022

Management Concepts 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
240
Participants Below avg headcount
85th
Percentile by assets National rank
$144,908
Avg per participant Above avg balance/head
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Official DOL plan name: Management Concepts, Inc. 401(k) Savings Plan · Sponsored by Management Concepts · Virginia · Professional & Technical Services

$35M in assets, 240 participants

Management Concepts's Management Concepts, Inc. 401(k) Savings Plan reported $35M in total assets and 240 participants in its 2022 DOL Form 5500 filing, ranking in the 85th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #18,386 in Professional & Technical Services (21,562 peers)

Coverage in Virginia

Management Concepts, Inc. 401(k) Savings Plan covers 240 participants in Virginia, about 31% of the average Virginia filer (state average ~782 per filing). Assets: $35M.

#18,386
in Professional & Technical Services (21,562 peers)
-15.2%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Management Concepts, Inc. 401(k) Savings Plan's outsized position by total assets

Management Concepts, Inc. 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$34,777,988 Top 15% higher than 85% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Management Concepts, Inc. 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Management Concepts, Inc. 401(k) Savings Plan sits mid-pack in the medium band (240 participants).

Published 5500 schedule card

Filing strip 541021611 · Management Concepts PY 2022 · 401(k)

Management Concepts, Inc. 401(k) Savings Plan · $35M · 240 · 85th

  • TYPE $35M
  • TYPE 240
  • TYPE 85th
  • TYPE 401(k)
  • TYPE near Network Health, Inc. 401(k) Plan
  • TYPE ind #18386

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Virginia →

Management Concepts, Inc. 401(k) Savings Plan in the asset neighbourhood

Blt Communications, LLC Savings & Retirement PlanBlt Communications, LLC Savi…$35MManagement Concepts, Inc. 401(k) Savings PlanManagement Concepts, Inc. 40…$35MNetwork Health, Inc. 401(k) PlanNetwork Health, Inc. 401(k) …$35MTruly Nolen of America, Inc. Profit Sharing and Savings PlanTruly Nolen of America, Inc.…$35MInspirage, LLC 401(k) Plan$35M
End-of-year total assets ($M) among Management Concepts, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$35M
Net Income-$6M
Employer EIN541021611
Plan Effective Date1992-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Management Concepts)

Sponsor-wide plan assets over time

All Management Concepts plans reported in each filing year

Latest sponsor-wide plan assets
$51M 46.31526412626285% vs 2022
2024 filing year
$30M$35M$40M$45M$50M$55M 202220232024 $34.8M $50.9M ▲ +46.3%
Year Plans Participants Total Assets
2022 1 240 $35M
2023 1 246 $43M
2024 1 260 $51M

Nearby 401(k) Plans in Virginia

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

Management Concepts, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Management Concepts, Inc. 401(k) Savings Plan, Total assets ($B): 0.034777988 · Participants: 240Management Concepts, Inc. 401(k) Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Management Concepts, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Management Concepts, Inc. 401(k) Savings Plan side-by-side with 3 peers →

Management Concepts, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Network Health, Inc. 401(k) Plan in WI ($35M); by covered participants it is Spinnaker 401(k) Plan in OH (240 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (240 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Management Concepts, Inc. 401(k) Savings Plan assets move in 2022? ▼
Management Concepts, Inc. 401(k) Savings Plan declined sharply - down 15.2% during 2022, from $41M to $35M. Reported net income was -$6M.
How have Management Concepts plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Management Concepts's sponsor-wide assets grew 46.3%, from $35M to $51M.
Where does Management Concepts, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Management Concepts, Inc. 401(k) Savings Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Management Concepts, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Network Health, Inc. 401(k) Plan in WI ($35M, 470 participants).
Which 401(k) plans cover a similar participant headcount to Management Concepts, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Spinnaker 401(k) Plan in OH (240 participants, N/A in assets).

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 541021611.

Read our methodology - how this data is sourced, computed, and verified.

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