Plan Ledger DOL Form 5500 · updated monthly

Mission Technology Group (Mtg)401(k)

MTG 401(K) PROFIT SHARING PLAN AND TRUST · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.25%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Mission Technology Group (Mtg) reported $183,121 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,055 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.22% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 346th-largest of 2,266 plans among Virginia employers on file, and the 1,862nd of 11,654 in professional & technical services. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$78,119,829
Participants with balances414
Active participants250
Employer contributions$2,513,767
Employee contributions$4,132,339
Employer contribution per active participant$10,055
Average account balance$188,695
Benefits paid to participants$8,397,752
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$78.1M · 414 accts · $2.5M emplr
2023$67.9M · 406 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,248
Investment management$154,873
Total administrative$183,121
The Mission Technology Group (Mtg) 401(k) match · 2024
Employer contribution per active participant$10,055
Median for plans this size$3,635
2024$10,055 per active participant
2023$12,996 per active participant

Mission Technology Group (Mtg)'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
AMERITAS INVESTMENT CORP · Investment advisory (plan)$141,674
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$28,248
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,198

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$183,121 · 0.25%
2023$131,759 · 0.22%
Same employer
Similar plansProfessional & Technical Services · Virginia
Crosscountry Consulting LLC VA$83.8M · 0.17%
Xator Corporation VA$80.3M · 0.48%
In-Q-Tel, Inc. VA$76.9M · 0.00%
Moseley Architects, P.C. VA$76.5M · 0.24%
Gtt Americas, LLC VA$76.2M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541457846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.