401(k) · DOL Form 5500 · 2022
Modern Companies, Inc. 401(k) Plan
Data updated 2026-08-25
- $12M
- Total assets Small plan by assets
- 88
- Participants Small participant base
- 69th
- Percentile by assets National rank
- $141,791
- Avg per participant Near avg balance/head
Official DOL plan name: Modern Companies, Inc. Profit Sharing 401(k) Plan · Sponsored by Modern Companies, Inc. · Iowa · Construction
$12M in assets, 88 participants
Modern Companies, Inc.'s Modern Companies, Inc. Profit Sharing 401(k) Plan reported $12M in total assets and 88 participants in its 2022 DOL Form 5500 filing, ranking in the 69th 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.
- #6,837 in Construction (9,927 peers)
2022 asset change
Modern Companies, Inc. Profit Sharing 401(k) Plan declined sharply 17.7% in 2022 ($15M → $12M) for 88 participants.
- #6,837
- in Construction (9,927 peers)
- -17.7%
- assets change YoY
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Modern Companies, Inc. Profit Sharing 401(k) Plan's outsized position by total assets
Modern Companies, Inc. Profit Sharing 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$12,477,630 Top 31% higher than 69% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Modern Companies, Inc. Profit Sharing 401(k) Plan among smaller filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Modern Companies, Inc. Profit Sharing 401(k) Plan is a small filing (88 participants) on this national headcount ladder.
Published 5500 schedule card
Filing strip 461410855 · Modern Companies, Inc. PY 2022 · 401(k)
Modern Companies, Inc. Profit Sharing 401(k) Plan · $12M · 88 · 69th
- ASSETS $12M
- ASSETS 88
- ASSETS 69th
- ASSETS 401(k)
- ASSETS near Latcha & Associates 401(k) Retirement Plan
- ASSETS ind #6837
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 Construction retirement plans → · Plans in Iowa →
Modern Companies, Inc. Profit Sharing 401(k) Plan in the asset neighbourhood
2022 asset-move particulars
| Total Assets (Beginning of Year) | $15M |
|---|---|
| Net Assets (End of Year) | $12M |
| Net Income | -$3M |
| Employer EIN | 461410855 |
| Plan Effective Date | 1979-11-28 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Iowa
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Principal Select Savings Plan $3.6B · 12,201
- Iowa Health System Section 401(k) Retirement Savings Plan $2.7B · 28,603
- The Hy-Vee and Affiliates 401(k) Plan $2.4B · 59,826
- The Rsm US LLP Retirement Plan $2.3B · 13,793
- Transamerica 401(k) Retirement Savings Plan $2.1B · 7,262
Modern Companies, Inc. Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Iowa, the nearest 401(k) by assets is Latcha & Associates 401(k) Retirement Plan in MI ($12M); by covered participants it is Nebraska Orthopaedic and Sports Medicine P. C. 401(k) Profit Sharing Plan in NE (88 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($12M here).
Similar participant headcount
Nearest other-state filings by covered participants (88 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.