Mgt Impact Solutions retirement plan: assets, participants and fees
What Mgt Impact Solutions' retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance | Schedule C ↗ |
| Independent auditor | Assurance Dimensions (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,287 defined-contribution plans in professional, scientific, and technical services with 500 to 999 participants.
| Mgt Impact Solutions: employer contribution per participant | $3,169 | |
| Peer median | $2,600 |
| Mgt Impact Solutions: average balance | $51,152 | |
| Peer median | $84,124 |
| Mgt Impact Solutions: admin expenses ÷ assets | 0.34% | |
| Peer median | 0.17% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $11M at the end of plan year 2021 to $49.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 991 | $49.3M | $3.1M | $3,169 | 0.34% | Not published | Form 5500 ↗ |
| 2023 | 647 | $38.1M | $1.9M | $2,978 | 0.65% | Not published | Form 5500 ↗ |
| 2022 | 416 | $10.3M | $737K | $1,960 | 0.56% | Not published | Form 5500 ↗ |
| 2021 | 217 | $11M | $346K | $1,775 | 1.07% | Not published | Form 5500 ↗ |
Common questions
Does Mgt Impact Solutions match 401(k) contributions?
The match terms for the Mgt Impact Solutions, LLC 401 (K) Profit Sharing Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $3.1M in employer contributions, about $3,169 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mgt Impact Solutions 401(k) match vested?
The vesting schedule for the Mgt Impact Solutions, LLC 401 (K) Profit Sharing Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mgt Impact Solutions 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance. The plan administrator is Mgt Impact Solutions, LLC.
I left Mgt Impact Solutions. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mgt Impact Solutions, LLC, (850) 219-4334) or the recordkeeper, Empower Annuity Insurance. The Mgt Impact Solutions old 401(k) page lists the contacts from every plan filing. Find an old Mgt Impact Solutions 401(k)
Data from the public Form 5500 annual reports Mgt Impact Solutions filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Mgt Impact Solutions. Not financial advice. Report a correction · Methodology