401(k) · DOL Form 5500 · 2022

Modern Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
586
Participants Below avg headcount
86th
Percentile by assets National rank
$65,840
Avg per participant Below avg balance/head
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Official DOL plan name: Modern Industries, Inc. 401(k) Retirement Savings Plan · Sponsored by Modern Industries, Inc. · Arizona · Manufacturing

$39M in assets, 586 participants

Modern Industries, Inc.'s Modern Industries, Inc. 401(k) Retirement Savings Plan reported $39M in total assets and 586 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #16,332 in Manufacturing (20,602 peers)

Where Modern Industries, Inc. 401(k) Retirement Savings Plan sits by assets

Modern Industries, Inc. 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $39M for 586 participants (~$65,840/participant), down 10.2% in 2022.

#16,332
in Manufacturing (20,602 peers)
-10.2%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Modern Industries, Inc. 401(k) Retirement Savings Plan's outsized position by total assets

Modern Industries, Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

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

$38,582,133 Top 14% higher than 86% 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 Industries, Inc. 401(k) Retirement 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 Industries, Inc. 401(k) Retirement Savings Plan sits mid-pack in the medium band (586 participants).

Published 5500 schedule card

Filing strip 860220615 · Modern Industries, Inc. PY 2022 · 401(k)

Modern Industries, Inc. 401(k) Retirement Savings Plan · $39M · 586 · 86th

  • IND $39M
  • EOY 586
  • 5500 86th
  • ASSETS 401(k)
  • PCT near M/E Engineering, P. C. 401(k) Plan
  • EIN ind #16332

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 Arizona →

Modern Industries, Inc. 401(k) Retirement Savings Plan in the asset neighbourhood

Medcor, Inc. Profit Sharing Thrift & Investment PlanMedcor, Inc. Profit Sharing …$39MModern Industries, Inc. 401(k) Retirement Savings PlanModern Industries, Inc. 401(…$39MM/E Engineering, P. C. 401(k) PlanM/E Engineering, P. C. 401(k…$39MNrc Health 401(k) Retirement PlanNrc Health 401(k) Retirement…$39MCalifornia Artichoke & Vegetable Growers Corporation Dba Ocean Mist Farms 401(k) & Profit Sharing PlanCalifornia Artichoke & Veget…$39M
End-of-year total assets ($M) among Modern Industries, Inc. 401(k) Retirement 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)$43M
Net Assets (End of Year)$39M
Net Income-$4M
Employer EIN860220615
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Modern Industries, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$51M 32.43558358994823% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $38.6M $51.1M ▲ +32.5%
Year Plans Participants Total Assets
2022 1 586 $39M
2023 1 680 $45M
2024 1 691 $51M

Nearby 401(k) Plans in Arizona

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

Modern Industries, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -101234 Total assets ($B) Participants Modern Industries, Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.038582133 · Participants: 586Modern Industries, Inc. 401(k) Retirement Savings PlanBanner Health Employees 401(k) Plan, Total assets ($B): 3.566847679 · Participants: 50602Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 1.923226111 · Participants: 12362Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 1.806929859 · Participants: 28320Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 1.682454193 · Participants: 8764Stantec 401(k) PlanReliance Steel & Aluminum Co. Master 401(k) Plan, Total assets ($B): 1.33677823 · Participants: 9895Reliance Steel & Aluminum Co. Master 401(k) Plan
Modern Industries, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Modern Industries, Inc. 401(k) Retirement Savings Plan side-by-side with 3 peers →

Modern Industries, Inc. 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is M/E Engineering, P. C. 401(k) Plan in NY ($39M); by covered participants it is Aim Media 401(k) Plan in TX (586 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (586 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 Industries, Inc. 401(k) Retirement Savings Plan assets move in 2022? ▼
Modern Industries, Inc. 401(k) Retirement Savings Plan pulled back noticeably - down 10.2% during 2022, from $43M to $39M. Reported net income was -$4M.
How have Modern Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Modern Industries, Inc.'s sponsor-wide assets grew 32.4%, from $39M to $51M.
Where does Modern Industries, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Modern Industries, Inc. 401(k) Retirement Savings Plan ranks in the 86th 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 Industries, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is M/E Engineering, P. C. 401(k) Plan in NY ($39M, 166 participants).
Which 401(k) plans cover a similar participant headcount to Modern Industries, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Aim Media 401(k) Plan in TX (586 participants, $19M 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 860220615.

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.