401(k) Β· DOL Form 5500 Β· 2024

Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust

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

$6M
Total assets
146
Participants
16th
Percentile by assets

Sponsored by Martek Global Services, Inc. Β· District of Columbia Β· Professional & Technical Services

What the 2024 filing shows

Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust holds $6M for 146 participants - about $40,662 per participant, among the smaller plans by assets on file, up 18.8% over the 2024 plan year.

$6M
total plan assets (2024 EOY)
146
covered participants
16th
percentile by assets (of 67,083 plans)
$40,662
avg assets per participant
Total Assets (2023)
$6M
Participants
146
Industry
Professional & Technical Services

What the Filing Says About Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust

Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust is a 401(k) retirement plan sponsored by Martek Global Services, Inc., headquartered in District of Columbia. As of the 2024 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 146 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 522003055, and the plan has been effective since 1997-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $5M at the beginning of 2024 to $6M at year-end - a gain of 18.8%. Net assets (after liabilities) closed the year at $6M, with reported net income of $941K 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)$5M
Total Assets (End of Year)$6M
Net Assets (End of Year)$6M
Net Income$941K
Plan Type401(k)
Employer EIN522003055
Plan Effective Date1997-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Martek Global Services, Inc.)

Year Plans Participants Total Assets
2022 1 143 $5M
2023 1 162 $5M
2024 1 146 $6M

Nearby 401(k) Plans in District of Columbia

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

Frequently Asked Questions

How much money is in the Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust?
As of the 2024 Form 5500 filing, Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust holds $6M in total assets with 146 participants. It is sponsored by Martek Global Services, Inc..
What type of plan is Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust?
Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust is a 401(k) plan. It has been effective since 1997-05-01. The plan is filed with the U.S. Department of Labor under EIN 522003055.
Who sponsors the Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust?
Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust is sponsored by Martek Global Services, Inc., located in District of Columbia. The sponsor's EIN is 522003055 and the plan operates in the Professional & Technical Services industry.
How did Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust perform in 2024?
Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust grew by 18.8% during 2024, moving from $5M to $6M in total assets. Net income was $941K.
Where can I find official filings for Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust?
Official Form 5500 filings for Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 522003055 or plan name at efast.dol.gov.
How does Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust compare to other plans?
You can compare Martek Global Services, Inc. 401(k) Profit Sharing Plan & Trust against other 401(k) plans on the plan type page, or view plans in District of Columbia 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 522003055.

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.