401(k) · DOL Form 5500 · 2024

Management Information Technology Corporation 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
53
Participants Small participant base
38th
Percentile by assets National rank
$76,025
Avg per participant Below avg balance/head
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Official DOL plan name: M.I.T.C. 401(k) Retirement Plan · Sponsored by Management Information Technology Corporation · Maryland · Professional & Technical Services

$4M in assets, 53 participants

Management Information Technology Corporation's M.I.T.C. 401(k) Retirement Plan reported $4M in total assets and 53 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • #7,142 in Professional & Technical Services (20,173 peers)

Management Information Technology Corporation multi-year trail

Management Information Technology Corporation's plans moved +39.8% in assets from 2022 to 2024; this filing shows M.I.T.C. 401(k) Retirement Plan at $4M / 53 participants.

#7,142
in Professional & Technical Services (20,173 peers)
+3.5%
assets growth YoY

M.I.T.C. 401(k) Retirement Plan's mid-pack asset rank among Professional & Technical Services and all filers

M.I.T.C. 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$4,029,346 38th percentile higher than 38% of 123,620 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 2024

M.I.T.C. 401(k) Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. M.I.T.C. 401(k) Retirement Plan is a small filing (53 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • M.I.T.C. 401(k) Retirement Plan reported net income fell from $1M in the plan year 2023 filing to $138K in the plan year 2024 filing.
  • M.I.T.C. 401(k) Retirement Plan end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • M.I.T.C. 401(k) Retirement Plan reported participants fell from 54 in the plan year 2023 filing to 53 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 521701772 · Management Information Technology Corporation PY 2024 · 401(k)

M.I.T.C. 401(k) Retirement Plan · $4M · 53 · 38th

  • RANK $4M
  • PHOTO 53
  • IND 38th
  • EOY 401(k)
  • 5500 near Avint, LLC Retirement Plan
  • ASSETS ind #7142

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 Maryland →

M.I.T.C. 401(k) Retirement Plan in the asset neighbourhood

M.I.T.C. 401(k) Retirement PlanM.I.T.C. 401(k) Retirement P…$4MAvint, LLC Retirement Plan$4MJackson Automotive Group, LLC 401(k) PlanJackson Automotive Group, LL…$4MTele-Optics, Inc. Profit Sharing 401(k) PlanTele-Optics, Inc. Profit Sha…$4MEmployees Retirement Savings PlanEmployees Retirement Savings…$4M
End-of-year total assets ($M) among M.I.T.C. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Management Information Technology Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Management Information Technology Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$4M 39.750724706042305% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.88M $4.03M ▲ +39.9%
Year Plans Participants Total Assets
2022 1 56 $3M
2023 1 54 $4M
2024 1 53 $4M

Management Information Technology Corporation filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$138K
Employer EIN521701772
Plan Effective Date1998-05-08
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maryland

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

M.I.T.C. 401(k) Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants M.I.T.C. 401(k) Retirement Plan, Total assets ($B): 0.004029346 · Participants: 53M.I.T.C. 401(k) Retirement PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
M.I.T.C. 401(k) Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

M.I.T.C. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Avint, LLC Retirement Plan in VA ($4M); by covered participants it is Belmont Day School, Corp 401(k) Plan in VA (53 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (53 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did M.I.T.C. 401(k) Retirement Plan assets move in 2024?
M.I.T.C. 401(k) Retirement Plan edged up modestly - up 3.5% during 2024, from $4M to $4M. Reported net income was $138K.
How have Management Information Technology Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Management Information Technology Corporation's sponsor-wide assets grew 39.8%, from $3M to $4M.
Which 401(k) plans are similar in size to M.I.T.C. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Avint, LLC Retirement Plan in VA ($4M, 45 participants).
Which 401(k) plans cover a similar participant headcount to M.I.T.C. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Belmont Day School, Corp 401(k) Plan in VA (53 participants, N/A in assets).