Original filing (PDF)20251003123509NAL0001389089001

MAXIMUS, INC.

Name: MAXIMUS, INC. — MAXIMUS GSA RETIREMENT PLAN, Form 5500 (2024)
Creator: MAXIMUS, INC.

Form 5500

FILING_RECEIVED

MAXIMUS GSA RETIREMENT PLAN

Defined-contribution retirement plan

Signals · 1

1 failed disclosure

Active participants

18,673

Accounts w/ balance

3,313

Plan assets (EOY)

$21.8M

Net assets (EOY)

$21.8M

How this plan invests

This plan

28 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade B

Above-average plan

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

Concentration risk

100

Total plan cost

Vendor stack

100

Participation health

Knocking points off

1 Schedule C provider failed to disclose compensation.
51 bps in Schedule C fees — 76% above peer band of 29 bps.
Only 18% as many balances as active participants — suggests many active employees aren't deferring.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MAXIMUS, INC..

Plan sponsor

Name

MAXIMUS, INC.

EIN

54-1000588

Address

1600 TYSONS BLVD SUITE 1400 · MCLEAN, VA · 22102

Phone

(703) 251-8449

Industry

All Other Professional Services· Professional & Technical Servicessee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

002

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-03

Pension benefit codes

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2T · Default investment account (QDIA)

3F · Sponsor used leased employees

3H · Sponsor in controlled / affiliated group

2E · Profit-sharing

3D · Pre-approved plan (master / prototype / VS)

2R · Participant-directed brokerage (SDBA)

Audit & trust (Schedule H)

Auditor

APRIO LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

2 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$91K	—

Accountant / Auditor

Name	EIN	Location	Relation	Direct comp	Indirect comp
APRIO LLP	57-1157523	—	ACCOUNTANT/AUDITOR	$20K	—

Failed / refused disclosures (Sched C Part 2)

Provider	Nondisclosure info
—	—

Investments

28 direct securities· $21.8M(100% of reported assets)

Investment	Type	Shares / units	Cost	Current value	% of plan
Fidelity Freedom 2060 Mutual Fund NR	—	—	—	$2.7M	12.6%
Fidelity Freedom 2030 Mutual Fund NR	—	—	—	$2.4M	11.2%
Fidelity Freedom 2055 Mutual Fund NR	—	—	—	$2.2M	10.0%
Fidelity Freedom 2050 Mutual Fund NR	—	—	—	$2.1M	9.7%
Fidelity Freedom 2065 Mutual Fund NR	—	—	—	$2.1M	9.5%
Fidelity Freedom 2035 Mutual Fund NR	—	—	—	$2.0M	9.2%
Fidelity Freedom 2025 Mutual Fund NR	—	—	—	$1.8M	8.4%
Fidelity Freedom 2040 Mutual Fund NR	—	—	—	$1.6M	7.4%
Fidelity Freedom 2045 Mutual Fund NR	—	—	—	$1.6M	7.3%
Fidelity Freedom 2015 Mutual Fund NR	—	—	—	$558K	2.6%
Fidelity Freedom 2020 Mutual Fund NR	—	—	—	$550K	2.5%
Fidelity Investments Money Market Mutual Fund NR	—	—	—	$502K	2.3%
Fidelity 500 Index Mutual Fund NR	—	—	—	$491K	2.3%
Fidelity Contrafund Mutual Fund NR	—	—	—	$259K	1.2%
Fidelity Freedom 2010 Mutual Fund NR	—	—	—	$153K	0.7%
PGIM Total Return Bond Mutual Fund NR	—	—	—	$128K	0.6%
Vanguard Developed Market Index Mutual Fund NR	—	—	—	$128K	0.6%
Self-directed Brokerage Self-directed Brokerage Accounts NR	—	—	—	$104K	0.5%
Fidelity Mid-Cap Index Mutual Fund NR	—	—	—	$102K	0.5%
Fidelity Freedom Income Mutual Fund NR	—	—	—	$76K	0.3%
Fidelity Inflation-Protected Bond Index Mutual Fund NR	—	—	—	$45K	0.2%
Vanguard Mid-Cap Growth Index Mutual Fund NR	—	—	—	$32K	0.1%
MFS Value Mutual Fund NR	—	—	—	$30K	0.1%
Goldman Sachs Small Cap Value Mutual Fund NR	—	—	—	$24K	0.1%
Causeway Emerging Markets Mutual Fund NR	—	—	—	$22K	0.1%
American Funds EuroPacific Growth Mutual Fund NR	—	—	—	$18K	<0.1%
Fidelity Small Cap Index Mutual Fund NR	—	—	—	$12K	<0.1%
Invesco Discovery Mutual Fund NR	—	—	—	$11K	<0.1%