Retirement plan

MANAGEMENT & TRAINING CORPORATION RETIREMENT PLAN

Name: MANAGEMENT & TRAINING CORPORATION - MANAGEMENT & TRAINING CORPORATION RETIREMENT PLAN (2025) Form 5500
Creator: MANAGEMENT & TRAINING CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MANAGEMENT & TRAINING CORPORATION RETIREMENT PLAN, MANAGEMENT & TRAINING CORPORATION

MANAGEMENT & TRAINING CORPORATIONEIN 87-0365322Plan #001PY 2025

500 NORTH MARKETPLACE DRIVE - CENTERVILLE, UT 84014801-693-2600mtctrains.comLinkedIn5001-10000 employeeseducation management

Prospect flagsLow assets / participantFailed to provide benefit

Top hat statement on fileNQDC

Filed June 13, 2022 (most recent of 5 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

500 North Marketplace Drive

Centerville, UT 84014

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Plans declared (5)

Management & Training Corporation Non-Qualified Plan, as amended88 emp
Management & Training Corporation Stock Option Plan (2016), as may be amended46 emp
Management & Training Corporation Stock Option Plan (2006) as amended34 emp
Management & Training Corporation Stock Option Plan (1996) as amended13 emp
Management & Training Corporation Long-Term Incentive Plan (2022)1 emp

Total covered: 182 employees

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Total assets (EOY)

$218.9M

+10.5% from 2024

Total participants

7,947

-12.5% from 2024

Average account balance

$31,766

+26.7% from 2024

Annual return

17.52%

+3.85 pp from 2024

Benchmarks

See 243 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants5,000-9,999

Cohort243 peers

Snapshot2025

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$218.90M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$32K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

6,891

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

81.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27.95M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.52%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$98

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3 years Service code 37 · EIN 04-2647786	Loan Processing	$424,570
WILLIS TOWERS WATSON US LLC3 years Filed as: TOWERS WATSON INVESTMENT SERVICES Service code 27 · EIN 52-1868818	Advisory (Plan)	$238,029
TRAVELLER & COMPANY LLC8 years Service code 10 · EIN 87-0668060	Accounting	$8,405

Plan features & details

Pension benefit codes2E2S2F3H2G2J2K2T3D2U

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

$672K

$115 / participant

Recordkeeping$425K63.1%
Legal$1K0.2%
Other / not subdivided$246K36.7%

% of EOY assets

0.307%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: TRAVELLER AND COMPANY LLC
Auditor EIN: 870668060
Audit fees: $8,405
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,766

$118,972-73.3%

$62,929-49.5%

$118,972-73.3%

Participation rate

81.9%

78.0%+3.9pp

73.1%+8.8pp

78.0%+3.9pp

Annual return

17.52%

15.19%+2.3pp

1063.93%-1046.4pp

15.19%+2.3pp

Employer contribution / active EE

$1,629

$3,776-56.9%

$2,505-35.0%

$3,776-56.9%

Participant deferral / active EE

$3,165

$6,017-47.4%

$3,888-18.6%

$6,017-47.4%

Admin fee / account holder

$98

$127-23.0%

$5,065-98.1%

$127-23.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Service code 37 · EIN 04-2647786

Loan Processing

$424,570

WILLIS TOWERS WATSON US LLC3 years

Filed as: TOWERS WATSON INVESTMENT SERVICES

Service code 27 · EIN 52-1868818

Advisory (Plan)

$238,029

TRAVELLER & COMPANY LLC8 years

Service code 10 · EIN 87-0668060

Accounting

$8,405

MANAGEMENT & TRAINING CORPORATION RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (5)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MANAGEMENT & TRAINING CORPORATION RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (5)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion