401(k) · DOL Form 5500 · 2023

Modern Ready Mix, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets: 99
Participants Small participant base: 47th
Percentile by assets National rank: $58,207
Avg per participant Low balance/head

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Official DOL plan name: Ready Mix Drivers 401(k) Plan · Sponsored by Modern Ready Mix, Inc. · Minnesota · Manufacturing

$6M in assets, 99 participants

Modern Ready Mix, Inc.'s Ready Mix Drivers 401(k) Plan reported $6M in total assets and 99 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

#5,740 in Manufacturing (18,722 peers)

Modern Ready Mix, Inc. multi-year trail

Modern Ready Mix, Inc.'s plans moved +12.6% in assets from 2022 to 2024; this filing shows Ready Mix Drivers 401(k) Plan at $6M / 99 participants.

#5,740
in Manufacturing (18,722 peers): +12.9%
assets growth YoY

Ready Mix Drivers 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Ready Mix Drivers 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,762,518 47th percentile higher than 47% of 127,068 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Ready Mix Drivers 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ready Mix Drivers 401(k) Plan is a small filing (99 participants) on this national headcount ladder.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Ready Mix Drivers 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $659K in the plan year 2023 filing.
Ready Mix Drivers 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
Ready Mix Drivers 401(k) Plan reported participants rose from 94 in the plan year 2022 filing to 99 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 411613986 · Modern Ready Mix, Inc. PY 2023 · 401(k)

Ready Mix Drivers 401(k) Plan · $6M · 99 · 47th

IND $6M
IND 99
IND 47th
IND 401(k)
IND near Xmotors.Ai Inc. 401(k) Plan
IND ind #5740

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 Minnesota →

End-of-year total assets ($M) among Ready Mix Drivers 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Modern Ready Mix, Inc. multi-year asset trail

Latest sponsor-wide plan assets: $6M 12.598836844745422% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	94	$5M
2023	1	99	$6M
2024	1	91	$6M

Modern Ready Mix, Inc. filing trail (2023)

Total Assets (Beginning of Year)	$5M
Net Assets (End of Year)	$6M
Net Income	$659K
Employer EIN	411613986
Plan Effective Date	1990-04-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Ready Mix Drivers 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
Target Corporation 401(k) Plan $13.0B · 432,617
Medtronic Savings and Investment Plan $12.9B · 44,342
3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
U.S. Bank 401(k) Savings Plan $10.3B · 75,272

Compare Ready Mix Drivers 401(k) Plan side-by-side with 3 peers →

Ready Mix Drivers 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Xmotors.Ai Inc. 401(k) Plan in CA ($6M); by covered participants it is Arj Infusion Services, Inc. Employees Savings Trust in KS (99 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Xmotors.Ai Inc. 401(k) Plan (CA) $6M · 103
Pr Common LLC. 401(k) Plan (NY) $6M · 110
Cemen Tech Holdings 401(k) Plan (IA) $6M · 166
Danville Services Corporation 401(k) Retirement Savings Plan (UT) $6M · 640

Similar participant headcount

Nearest other-state filings by covered participants (99 participants); asset peers above are excluded.

Arj Infusion Services, Inc. Employees Savings Trust (KS) 99 · 0 off
Burns Pest Elimination, Inc. 401(k) Plan (AZ) 99 · 0 off
Develey USA 401(k) Plan (TN) 99 · 0 off
U.S. Paint Employees Retirement Plan (MO) 99 · 0 off

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ready Mix Drivers 401(k) Plan assets move in 2023? ▼

Ready Mix Drivers 401(k) Plan grew at a solid clip - up 12.9% during 2023, from $5M to $6M. Reported net income was $659K.

How have Modern Ready Mix, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Modern Ready Mix, Inc.'s sponsor-wide assets grew 12.6%, from $5M to $6M.

Which 401(k) plans are similar in size to Ready Mix Drivers 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Xmotors.Ai Inc. 401(k) Plan in CA ($6M, 103 participants).

Which 401(k) plans cover a similar participant headcount to Ready Mix Drivers 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Arj Infusion Services, Inc. Employees Savings Trust in KS (99 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411613986.