401(k) ยท DOL Form 5500 ยท 2024

Markon, LLC 401(k) Plan

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

$42M
Total assets
288
Participants
69th
Percentile by assets

Sponsored by Markon, LLC ยท Virginia ยท Administrative & Support Services

What the 2024 filing shows

Markon, LLC 401(k) Plan holds $42M for 288 participants - about $146,928 per participant, above the median plan by assets, up 15.0% over the 2024 plan year.

$42M
total plan assets (2024 EOY)
288
covered participants
69th
percentile by assets (of 67,083 plans)
$146,928
avg assets per participant
Total Assets (2023)
$42M
Participants
288
State
Industry
Administrative & Support Services

What the Filing Says About Markon, LLC 401(k) Plan

Markon, LLC 401(k) Plan is a 401(k) retirement plan sponsored by Markon, LLC, headquartered in Virginia. As of the 2024 Form 5500 filing, the plan reports $42M in total end-of-year assets and covers 288 participants across the Administrative & Support Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 260600919, and the plan has been effective since 2023-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $37M at the beginning of 2024 to $42M at year-end - a gain of 15.0%. Net assets (after liabilities) closed the year at $42M, with reported net income of $6M 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)$37M
Total Assets (End of Year)$42M
Net Assets (End of Year)$42M
Net Income$6M
Plan Type401(k)
Employer EIN260600919
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Markon, LLC)

Year Plans Participants Total Assets
2022 1 239 N/A
2023 1 285 $37M
2024 1 288 $42M

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Frequently Asked Questions

How much money is in the Markon, LLC 401(k) Plan?
As of the 2024 Form 5500 filing, Markon, LLC 401(k) Plan holds $42M in total assets with 288 participants. It is sponsored by Markon, LLC.
What type of plan is Markon, LLC 401(k) Plan?
Markon, LLC 401(k) Plan is a 401(k) plan. It has been effective since 2023-01-01. The plan is filed with the U.S. Department of Labor under EIN 260600919.
Who sponsors the Markon, LLC 401(k) Plan?
Markon, LLC 401(k) Plan is sponsored by Markon, LLC, located in Virginia. The sponsor's EIN is 260600919 and the plan operates in the Administrative & Support Services industry.
How did Markon, LLC 401(k) Plan perform in 2024?
Markon, LLC 401(k) Plan grew by 15.0% during 2024, moving from $37M to $42M in total assets. Net income was $6M.
Where can I find official filings for Markon, LLC 401(k) Plan?
Official Form 5500 filings for Markon, LLC 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 260600919 or plan name at efast.dol.gov.
How does Markon, LLC 401(k) Plan compare to other plans?
You can compare Markon, LLC 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Virginia 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 260600919.

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.