401(k) · DOL Form 5500 · 2022

Modern Welding Company, Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
366
Participants Below avg headcount
82nd
Percentile by assets National rank
$74,885
Avg per participant Below avg balance/head
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Official DOL plan name: Modern Welding Company 401(k) Savings Plan · Sponsored by Modern Welding Company, Inc. · Kentucky · Manufacturing

$27M in assets, 366 participants

Modern Welding Company, Inc.'s Modern Welding Company 401(k) Savings Plan reported $27M in total assets and 366 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • #15,254 in Manufacturing (20,602 peers)

Where Modern Welding Company 401(k) Savings Plan sits by assets

Modern Welding Company 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $27M for 366 participants (~$74,885/participant), down 18.5% in 2022.

#15,254
in Manufacturing (20,602 peers)
-18.5%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Modern Welding Company 401(k) Savings Plan's outsized position by total assets

Modern Welding Company 401(k) Savings Plan vs every filed plan by assets

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

$27,407,839 Top 18% higher than 82% 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

Modern Welding Company 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Modern Welding Company 401(k) Savings Plan sits mid-pack in the medium band (366 participants).

EBSA filing schedule strip

Filing strip 611229111 · Modern Welding Company, Inc. PY 2022 · 401(k)

Modern Welding Company 401(k) Savings Plan · $27M · 366 · 82nd

  • VS-ST $27M
  • BOY 366
  • SCH 82nd
  • EBSA 401(k)
  • PART near Cummings Electrical 401(k) Plan
  • TYPE ind #15254

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 Kentucky →

Modern Welding Company 401(k) Savings Plan in the asset neighbourhood

Modern Welding Company 401(k) Savings PlanModern Welding Company 401(k…$27MCummings Electrical 401(k) PlanCummings Electrical 401(k) P…$27MWiginton Corporation 401(k) Retirement PlanWiginton Corporation 401(k) …$27MLampton Welding Supply Company, Inc. Profit Sharing PlanLampton Welding Supply Compa…$27MThe Willis 401(k) Plan$27M
End-of-year total assets ($M) among Modern Welding Company 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$27M
Net Income-$6M
Employer EIN611229111
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Modern Welding Company, Inc.)

Sponsor-wide plan assets over time

All Modern Welding Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$34M 25.776675326332168% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $45.6M $33.9M ▼ -25.8%
Year Plans Participants Total Assets
2022 2 491 $46M
2023 2 443 $46M
2024 1 403 $34M

Nearby 401(k) Plans in Kentucky

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Modern Welding Company 401(k) Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -202468 Total assets ($B) Participants Modern Welding Company 401(k) Savings Plan, Total assets ($B): 0.027407839 · Participants: 366Modern Welding Company 401(k) Savings PlanHumana Retirement Savings Plan, Total assets ($B): 6.44425797 · Participants: 44930Humana Retirement Savings PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 6.066519058 · Participants: 85671Commonspirit Health 401(k) Retirement Savings PlanUPS/Ipa 401 (K) Savings Plan, Total assets ($B): 1.16367227 · Participants: 2992UPS/Ipa 401 (K) Savings PlanLexmark Savings Plan, Total assets ($B): 1.059618486 · Participants: 1811Lexmark Savings PlanKindred 401 (K) Plan, Total assets ($B): 0.969290029 · Participants: 22132Kindred 401 (K) Plan
Modern Welding Company 401(k) Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Modern Welding Company 401(k) Savings Plan side-by-side with 3 peers →

Modern Welding Company 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Cummings Electrical 401(k) Plan in TX ($27M); by covered participants it is American Paper & Twine Company Employee Profit Sharing & Benefit Trust in TN (366 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($27M here).

Similar participant headcount

Nearest other-state filings by covered participants (366 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 Modern Welding Company 401(k) Savings Plan assets move in 2022? ▼
Modern Welding Company 401(k) Savings Plan declined sharply - down 18.5% during 2022, from $34M to $27M. Reported net income was -$6M.
How have Modern Welding Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Modern Welding Company, Inc.'s sponsor-wide assets declined 25.8%, from $46M to $34M.
Where does Modern Welding Company 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Modern Welding Company 401(k) Savings Plan ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Modern Welding Company 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cummings Electrical 401(k) Plan in TX ($27M, 519 participants).
Which 401(k) plans cover a similar participant headcount to Modern Welding Company 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is American Paper & Twine Company Employee Profit Sharing & Benefit Trust in TN (366 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 611229111.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.