Profit Sharing · DOL Form 5500 · 2023

Maximus, Inc. Profit Sharing Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
15,554
Participants Very large workforce
73rd
Percentile by assets National rank
$1,281
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Maximus Gsa Retirement Plan · Sponsored by Maximus, Inc. · Virginia · Professional & Technical Services

$20M in assets, 15,554 participants

Maximus, Inc.'s Maximus Gsa Retirement Plan reported $20M in total assets and 15,554 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #14,703 in Professional & Technical Services (20,321 peers)

Coverage in Virginia

Maximus Gsa Retirement Plan covers 15,554 participants in Virginia, 20x the typical Virginia plan (state average ~782 per filing). Assets: $20M.

#14,703
in Professional & Technical Services (20,321 peers)
+16.7%
assets growth YoY

Maximus Gsa Retirement Plan's outsized position by total assets

Maximus Gsa Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$19,927,723 Top 27% higher than 73% of 127,068 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 2023

Maximus Gsa Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Maximus Gsa Retirement Plan is a mega filing (15,554 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Maximus Gsa Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Maximus Gsa Retirement Plan reported participants fell from 19,971 in the plan year 2022 filing to 15,554 in the plan year 2023 filing.
  • Maximus Gsa Retirement Plan end-of-year assets rose from $17M in the plan year 2022 filing to $20M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 541000588 · Maximus, Inc. PY 2023 · Profit Sharing

Maximus Gsa Retirement Plan · $20M · 15,554 · 73rd

  • TYPE $20M
  • TYPE 15,554
  • TYPE 73rd
  • TYPE Profit Sharing
  • TYPE near Harris W Mainster Do P.C.
  • TYPE ind #14703

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 →

Maximus Gsa Retirement Plan in the asset neighbourhood

Maximus Gsa Retirement Plan$20MHarris W Mainster Do P.C.$20MDunwoody College of Technology Employees' Savings PlanDunwoody College of Technolo…$20MMeadville Medical Center Defined Contribution Retirement PlanMeadville Medical Center Def…$20MWhitfield School Retirement Savings PlanWhitfield School Retirement …$20M
End-of-year total assets ($M) among Maximus Gsa Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$20M
Net Income$3M
Employer EIN541000588
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maximus, Inc.)

Sponsor-wide plan assets over time

All Maximus, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$935M 53.45291492318084% vs 2022
2024 filing year
$500M$600M$700M$800M$900M$1,000M 202220232024 $609M $935M ▲ +53.5%
Year Plans Participants Total Assets
2022 2 46,968 $609M
2023 2 47,360 $783M
2024 2 49,123 $935M

Nearby Profit Sharing Plans in Virginia

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Maximus Gsa Retirement Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.5 Total assets ($B) Participants Maximus Gsa Retirement Plan, Total assets ($B): 0.019927723 · Participants: 15554Maximus Gsa Retirement PlanSection 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia, Total assets ($B): 1.065508171 · Participants: 5192Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in VirginiaCarpenter Co. Profit-Sharing Plan, Total assets ($B): 0.299252968 · Participants: 2085Carpenter Co. Profit-Sharing PlanAmerican Institutes for Research Tax Deferred Annuity Plan, Total assets ($B): 0.277296224 · Participants: 1521American Institutes for Research Tax Deferred Annuity PlanAnalytic Services Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.205110846 · Participants: 584Analytic Services Inc. Defined Contribution Retirement PlanAssociated Universities Inc. Retirement Plan, Total assets ($B): 0.193232355 · Participants: 541Associated Universities Inc. Retirement Plan
Maximus Gsa Retirement Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants
Compare Maximus Gsa Retirement Plan side-by-side with 3 peers →

Maximus Gsa Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Virginia, the nearest Profit Sharing by assets is Harris W Mainster Do P.C. in MI ($20M); by covered participants it is Carle Foundation Hospital and Affiliates Matching Tsa Plan in IL (15,604 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (15,554 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Maximus Gsa Retirement Plan assets move in 2023? ▼
Maximus Gsa Retirement Plan grew sharply - up 16.7% during 2023, from $17M to $20M. Reported net income was $3M.
How have Maximus, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Maximus, Inc.'s sponsor-wide assets grew 53.5%, from $609M to $935M.
Which Profit Sharing plans are similar in size to Maximus Gsa Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Harris W Mainster Do P.C. in MI ($20M, 9 participants).
Which Profit Sharing plans cover a similar participant headcount to Maximus Gsa Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Carle Foundation Hospital and Affiliates Matching Tsa Plan in IL (15,604 participants, $1.2B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541000588.

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.