2023 Form 5500 filing — Management Concepts, Inc. 401(K) Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015104602NAL0028103697001) for Management Concepts, Inc. 401(K) Savings Plan, reported by Management Concepts under EIN 54-1021611 and plan number 001. It reports 377 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015104602NAL0028103697001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Management Concepts
- EIN
- 54-1021611
- Plan number
- 001
- Location
- Vienna, VA
- Participants
- 377
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $43,161,138
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $43,161,138
- Employer contributions
- $633,781
- Participant contributions
- $2,657,402
- Total income / additions
- $10,106,618
- Benefits paid
- $1,656,166
- Administrative expenses
- $67,302
- Total expenses
- $1,723,468
- Net increase / (decrease)
- $8,383,150
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cetera Advisor Networks LLC | ADVISOR | $35,936 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $18,833 | $0 |
| Cetera Investment Advisors LLC | ADVISOR | $12,533 | not reported in the loaded dataset |