ESOP · DOL Form 5500 · 2022
Modular Systems Inc ESOP
Data updated 2026-08-25
- $660K
- Total assets Small plan by assets
- 3
- Participants Small participant base
- 21st
- Percentile by assets National rank
- $219,953
- Avg per participant Above avg balance/head
Official DOL plan name: Modular Systems Inc Employee Stock Ownership Plan · Sponsored by Modular Systems Inc · Michigan · Manufacturing
$660K in assets, 3 participants
Modular Systems Inc's Modular Systems Inc Employee Stock Ownership Plan reported $660K in total assets and 3 participants in its 2022 DOL Form 5500 filing, ranking in the 21st 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.
- #1,864 in Manufacturing (20,602 peers)
2022 asset change
Modular Systems Inc Employee Stock Ownership Plan contracted severely 43.1% in 2022 ($1M → $660K) for 3 participants.
- #1,864
- in Manufacturing (20,602 peers)
- -43.1%
- assets change YoY
The plan reported a net loss of $500K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Modular Systems Inc Employee Stock Ownership Plan among the smaller filed plans by assets
Modular Systems Inc Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$659,860 21st percentile higher than 21% 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
Modular Systems Inc Employee Stock Ownership Plan among micro filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Modular Systems Inc Employee Stock Ownership Plan is a micro filing (3 participants), the leftmost band.
DOL schedule card
Filing strip 381815601 · Modular Systems Inc PY 2022 · ESOP
Modular Systems Inc Employee Stock Ownership Plan · $660K · 3 · 21st
- IND $660K
- EOY 3
- 5500 21st
- ASSETS ESOP
- PCT near Althouse and Meade, Inc. Employee Stock Ownership Plan
- EIN ind #1864
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 What is an ESOP? → · Plans in Michigan →
Modular Systems Inc Employee Stock Ownership Plan in the asset neighbourhood
Modular Systems Inc years around the 2022 move
Sponsor-wide plan assets over time
All Modular Systems Inc plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2023 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3 | $660K |
| 2023 | 1 | 1 | N/A |
2022 asset-move particulars
| Total Assets (Beginning of Year) | $1M |
|---|---|
| Net Assets (End of Year) | $660K |
| Net Income | -$500K |
| Employer EIN | 381815601 |
| Plan Effective Date | 1976-06-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.1B · 1,155
- The Kendall Group Employee Stock Ownership Plan $726M · 1,817
- Project Worldwide, Inc. Employee Stock Ownership Plan $395M · 977
- Motor City Electric Co. Employee Stock Ownership Plan $191M · 209
- Bandit Holding Company, Inc. Employee Stock Ownership Plan $182M · 591
Modular Systems Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Michigan, the nearest ESOP by assets is Althouse and Meade, Inc. Employee Stock Ownership Plan in CA ($660K); by covered participants it is Holman Aviation Company Employee Stock Ownership Plan in MT (3 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($660K here).
Similar participant headcount
Nearest other-state filings by covered participants (3 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.