Management Information Technology Corporation 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Management Information Technology Corporation
  • Sponsor EIN: 521701772
  • Sponsor Address: 9718 CLAGETT FARM DRIVE, POTOMAC, MD, 20854
  • Plan Type: 401(k)
  • Total Participants: 50
  • Total Assets: $4.0M

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: Yes
  • Participant Loans: No
  • Participant-Directed Investments: Yes
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202450$4.0M$45,352$453,511
202353$3.9M$45,346$453,459
202254$2.9M$40,691$406,904

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