Profit Sharing · DOL Form 5500 · 2022

Modern Equipment, Inc. Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
4
Participants Small participant base
39th
Percentile by assets National rank
$689,360
Avg per participant High balance/head
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Official DOL plan name: Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. · Sponsored by Modern Equipment, Inc. · South Carolina · Manufacturing

$3M in assets, 4 participants

Modern Equipment, Inc.'s Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. reported $3M in total assets and 4 participants in its 2022 DOL Form 5500 filing, ranking in the 39th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,592 in Manufacturing (20,602 peers)

Modern Equipment, Inc. multi-year trail

Modern Equipment, Inc.'s plans moved +26.9% in assets from 2022 to 2024; this filing shows Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. at $3M / 4 participants.

#4,592
in Manufacturing (20,602 peers)
-8.4%
assets change YoY

The plan reported a net loss of $253K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc.'s mid-pack asset rank among Manufacturing and all filers

Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,757,440 39th percentile higher than 39% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. is a micro filing (4 participants), the leftmost band.

Form 5500 schedule snapshot

Filing strip 741810474 · Modern Equipment, Inc. PY 2022 · Profit Sharing

Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. · $3M · 4 · 39th

  • ASSETS $3M
  • ASSETS 4
  • ASSETS 39th
  • ASSETS Profit Sharing
  • ASSETS near Ent Associates of Alabama, P.a. Profit Sharing Plan and Trust
  • ASSETS ind #4592

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in South Carolina →

Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. in the asset neighbourhood

Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc.Au 74-1810474 P001 199812 Sc…$3MEnt Associates of Alabama, P.a. Profit Sharing Plan and TrustEnt Associates of Alabama, P…$3MJs Vacations Inc. Retirement PlanJs Vacations Inc. Retirement…$3MGary G. Day Construction Co., Inc. Profit Sharing Plan and TrustGary G. Day Construction Co.…$3MHunt & Ayres Profit Sharing PlanHunt & Ayres Profit Sharing …$3M
End-of-year total assets ($M) among Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Modern Equipment, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Modern Equipment, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 26.929688406638043% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.76M $3.5M ▲ +26.8%
Year Plans Participants Total Assets
2022 1 4 $3M
2023 1 4 $3M
2024 1 4 $4M

Modern Equipment, Inc. filing trail (2022)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$253K
Employer EIN741810474
Plan Effective Date1987-02-22
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in South Carolina

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. vs. nearby Profit Sharing plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -0.500.511.52 Total assets ($B) Participants Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc., Total assets ($B): 0.00275744 · Participants: 4Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc.Prisma Health Retirement Savings Plan, Total assets ($B): 1.580787343 · Participants: 27548Prisma Health Retirement Savings PlanUma Retirement Plan, Total assets ($B): 0.646014747 · Participants: 2372Uma Retirement PlanScansource, Inc. 401(k) Plan, Total assets ($B): 0.193116292 · Participants: 1547Scansource, Inc. 401(k) PlanProfit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & Stewart, Total assets ($B): 0.190880155 · Participants: 2107Profit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & StewartUsc School of Medicine Educational Trust Retirement Plan, Total assets ($B): 0.038245098 · Participants: 200Usc School of Medicine Educational Trust Retirement Plan
Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. vs. nearby Profit Sharing plans in South Carolina, assets vs. participants

Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc.'s out-of-state Profit Sharing peers by assets and headcount

Outside South Carolina, the nearest Profit Sharing by assets is Ent Associates of Alabama, P.a. Profit Sharing Plan and Trust in AL ($3M); by covered participants it is Arz Education Retirement Plan in CA (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. assets move in 2022?
Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc. pulled back noticeably - down 8.4% during 2022, from $3M to $3M. Reported net income was -$253K.
How have Modern Equipment, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Modern Equipment, Inc.'s sponsor-wide assets grew 26.9%, from $3M to $4M.
Which Profit Sharing plans are similar in size to Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc.?
Among Profit Sharing plans in other states, the closest by assets is Ent Associates of Alabama, P.a. Profit Sharing Plan and Trust in AL ($3M, 10 participants).
Which Profit Sharing plans cover a similar participant headcount to Au 74-1810474 P001 199812 Sc07 Modern Equipment, Inc.?
Among Profit Sharing plans in other states, the closest by covered participants is Arz Education Retirement Plan in CA (4 participants, N/A in assets).