401(k)
2024 plan-year 401(k) DOL Form 5500

MTAC, INC. 401(K) PLAN

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

MTAC, INC.

This 401(k) plan holds $1M in total assets and serves 270 participants as of 2024. It is sponsored by MTAC, INC. in Maryland. The plan reported positive net income of $508K for the year.

Total Assets (2023)
$1M
Participants
270
State
Industry
Administrative & Support Services

What the Filing Says About MTAC, INC. 401(K) PLAN

MTAC, INC. 401(K) PLAN is a 401(k) retirement plan sponsored by MTAC, INC., headquartered in Maryland. As of the 2024 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 270 participants across the Administrative & Support Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 853305242, and the plan has been effective since 2021-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $581K at the beginning of 2024 to $1M at year-end — a gain of 87.3%. Net assets (after liabilities) closed the year at $1M, with reported net income of $508K 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.

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)$581K
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income$508K
Plan Type401(k)
Employer EIN853305242
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the MTAC, INC. 401(K) PLAN?
As of the 2024 Form 5500 filing, MTAC, INC. 401(K) PLAN holds $1M in total assets with 270 participants. It is sponsored by MTAC, INC..
What type of plan is MTAC, INC. 401(K) PLAN?
MTAC, INC. 401(K) PLAN is a 401(k) plan. It has been effective since 2021-01-01. The plan is filed with the U.S. Department of Labor under EIN 853305242.
Who sponsors the MTAC, INC. 401(K) PLAN?
MTAC, INC. 401(K) PLAN is sponsored by MTAC, INC., located in Maryland. The sponsor's EIN is 853305242 and the plan operates in the Administrative & Support Services industry.
How did MTAC, INC. 401(K) PLAN perform in 2024?
MTAC, INC. 401(K) PLAN grew by 87.3% during 2024, moving from $581K to $1M in total assets. Net income was $508K.
Where can I find official filings for MTAC, INC. 401(K) PLAN?
Official Form 5500 filings for MTAC, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 853305242 or plan name at efast.dol.gov.
How does MTAC, INC. 401(K) PLAN compare to other plans?
You can compare MTAC, INC. 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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 853305242.

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 official public datasets. See our methodology for details.