401(k) · DOL Form 5500 · 2023

Mlt Systems LLC 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
123
Participants Small participant base
48th
Percentile by assets National rank
$50,056
Avg per participant Low balance/head
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Official DOL plan name: Mlt Systems 401(k) Plan · Sponsored by Mlt Systems LLC · Virginia · Professional & Technical Services

$6M in assets, 123 participants

Mlt Systems LLC's Mlt Systems 401(k) Plan reported $6M in total assets and 123 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #9,484 in Professional & Technical Services (20,321 peers)

Coverage in Virginia

Mlt Systems 401(k) Plan covers 123 participants in Virginia, about 16% of the average Virginia filer (state average ~782 per filing). Assets: $6M.

#9,484
in Professional & Technical Services (20,321 peers)
+21.7%
assets growth YoY

Mlt Systems 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Mlt Systems 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,156,827 48th percentile higher than 48% of 127,068 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 2023

Mlt Systems 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mlt Systems 401(k) Plan sits mid-pack in the medium band (123 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mlt Systems 401(k) Plan reported net income rose from -$161K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Mlt Systems 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Mlt Systems 401(k) Plan reported participants rose from 113 in the plan year 2022 filing to 123 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 743251950 · Mlt Systems LLC PY 2023 · 401(k)

Mlt Systems 401(k) Plan · $6M · 123 · 48th

  • RANK $6M
  • PHOTO 123
  • IND 48th
  • EOY 401(k)
  • 5500 near Omaha Neon Sign Co., Inc. 401(k) Plan and Trust
  • ASSETS ind #9484

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 →

Mlt Systems 401(k) Plan in the asset neighbourhood

Mlt Systems 401(k) Plan$6MOmaha Neon Sign Co., Inc. 401(k) Plan and TrustOmaha Neon Sign Co., Inc. 40…$6MStewart Manufacturing LLC 401(k) Profit Sharing PlanStewart Manufacturing LLC 40…$6MJh Bennett, Inc. 401(k) Profit Sharing PlanJh Bennett, Inc. 401(k) Prof…$6MJohn Aguilar & Company, Inc. Profit Sharing 401(k) PlanJohn Aguilar & Company, Inc.…$6M
End-of-year total assets ($M) among Mlt Systems 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$1M
Employer EIN743251950
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mlt Systems LLC)

Sponsor-wide plan assets over time

All Mlt Systems LLC plans reported in each filing year

Latest sponsor-wide plan assets
$8M 57.88198795340317% vs 2022
2024 filing year
$4M$5M$6M$7M$8M$9M 202220232024 $5.06M $7.99M ▲ +57.9%
Year Plans Participants Total Assets
2022 1 113 $5M
2023 1 123 $6M
2024 1 159 $8M

Nearby 401(k) Plans in Virginia

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

Mlt Systems 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Mlt Systems 401(k) Plan, Total assets ($B): 0.006156827 · Participants: 123Mlt Systems 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Mlt Systems 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Mlt Systems 401(k) Plan side-by-side with 3 peers →

Mlt Systems 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Omaha Neon Sign Co., Inc. 401(k) Plan and Trust in NE ($6M); by covered participants it is Sunchase Salary Savings Plan in NC (123 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (123 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mlt Systems 401(k) Plan assets move in 2023? ▼
Mlt Systems 401(k) Plan grew sharply - up 21.7% during 2023, from $5M to $6M. Reported net income was $1M.
How have Mlt Systems LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mlt Systems LLC's sponsor-wide assets grew 57.9%, from $5M to $8M.
Which 401(k) plans are similar in size to Mlt Systems 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Omaha Neon Sign Co., Inc. 401(k) Plan and Trust in NE ($6M, 68 participants).
Which 401(k) plans cover a similar participant headcount to Mlt Systems 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sunchase Salary Savings Plan in NC (123 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 743251950.

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.