401(k) · DOL Form 5500 · 2024

Management Concepts 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
260
Participants Below avg headcount
84th
Percentile by assets National rank
$195,713
Avg per participant Above avg balance/head
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Official DOL plan name: Management Concepts, Inc. 401(k) Savings Plan · Sponsored by Management Concepts · Virginia · Professional & Technical Services

$51M in assets, 260 participants

Management Concepts's Management Concepts, Inc. 401(k) Savings Plan reported $51M in total assets and 260 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #17,178 in Professional & Technical Services (20,173 peers)

Coverage in Virginia

Management Concepts, Inc. 401(k) Savings Plan covers 260 participants in Virginia, about 33% of the average Virginia filer (state average ~782 per filing). Assets: $51M.

#17,178
in Professional & Technical Services (20,173 peers)
+17.9%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Management Concepts, Inc. 401(k) Savings Plan's outsized position by total assets

Management Concepts, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$50,885,505 Top 16% higher than 84% 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

Management Concepts, Inc. 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Management Concepts, Inc. 401(k) Savings Plan sits mid-pack in the medium band (260 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Management Concepts, Inc. 401(k) Savings Plan end-of-year assets rose from $43M in the plan year 2023 filing to $51M in the plan year 2024 filing.
  • Management Concepts, Inc. 401(k) Savings Plan reported net income fell from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Management Concepts, Inc. 401(k) Savings Plan reported participants rose from 246 in the plan year 2023 filing to 260 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 541021611 · Management Concepts PY 2024 · 401(k)

Management Concepts, Inc. 401(k) Savings Plan · $51M · 260 · 84th

  • NET $51M
  • BOOK 260
  • VS-ST 84th
  • BOY 401(k)
  • SCH near Materne North America 401(k) Retirement Plan
  • EBSA ind #17178

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 →

Management Concepts, Inc. 401(k) Savings Plan in the asset neighbourhood

Management Concepts, Inc. 401(k) Savings PlanManagement Concepts, Inc. 40…$51MMaterne North America 401(k) Retirement PlanMaterne North America 401(k)…$51MAlign Precision 401(k) Plan$51MSpecialty Steel Works Incorporated 401(k) Retirement Savings PlanSpecialty Steel Works Incorp…$51MSamuel a Ramirez & Co., Inc. 401(k) Profit Sharing Plan TrustSamuel a Ramirez & Co., Inc.…$51M
End-of-year total assets ($M) among Management Concepts, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$51M
Net Income$8M
Employer EIN541021611
Plan Effective Date1992-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Management Concepts)

Sponsor-wide plan assets over time

All Management Concepts plans reported in each filing year

Latest sponsor-wide plan assets
$51M 46.31526412626285% vs 2022
2024 filing year
$30M$35M$40M$45M$50M$55M 202220232024 $34.8M $50.9M ▲ +46.3%
Year Plans Participants Total Assets
2022 1 240 $35M
2023 1 246 $43M
2024 1 260 $51M

Nearby 401(k) Plans in Virginia

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

Management Concepts, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Management Concepts, Inc. 401(k) Savings Plan, Total assets ($B): 0.050885505 · Participants: 260Management Concepts, Inc. 401(k) Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Management Concepts, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Management Concepts, Inc. 401(k) Savings Plan side-by-side with 3 peers →

Management Concepts, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Materne North America 401(k) Retirement Plan in NY ($51M); by covered participants it is Keystone Natural Holdings 401(k) Plan in PA (260 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (260 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 Management Concepts, Inc. 401(k) Savings Plan assets move in 2024? ▼
Management Concepts, Inc. 401(k) Savings Plan grew sharply - up 17.9% during 2024, from $43M to $51M. Reported net income was $8M.
How have Management Concepts plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Management Concepts's sponsor-wide assets grew 46.3%, from $35M to $51M.
Where does Management Concepts, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Management Concepts, Inc. 401(k) Savings Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Management Concepts, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Materne North America 401(k) Retirement Plan in NY ($51M, 830 participants).
Which 401(k) plans cover a similar participant headcount to Management Concepts, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Keystone Natural Holdings 401(k) Plan in PA (260 participants, $2M in assets).

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 541021611.

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.