Profit Sharing · DOL Form 5500 · 2023
Modern Equipment, Inc Profit Sharing Plan
Data updated 2026-08-25
- $3M
- Total assets Small plan by assets
- 4
- Participants Small participant base
- 36th
- Percentile by assets National rank
- $784,256
- Avg per participant High balance/head
Official DOL plan name: Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc · Sponsored by Modern Equipment, Inc · South Carolina · Manufacturing
$3M in assets, 4 participants
Modern Equipment, Inc's Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc reported $3M in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.
- #3,697 in Manufacturing (18,722 peers)
Modern Equipment, Inc multi-year trail
Modern Equipment, Inc's plans moved +26.9% in assets from 2022 to 2024; this filing shows Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc at $3M / 4 participants.
- #3,697
- in Manufacturing (18,722 peers)
- +13.8%
- assets growth YoY
Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc's mid-pack asset rank among Manufacturing and all filers
Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$3,137,022 36th percentile higher than 36% 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
Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc among micro filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc is a micro filing (4 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc reported net income rose from -$253K in the plan year 2022 filing to $380K in the plan year 2023 filing.
- Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 741810474 · Modern Equipment, Inc PY 2023 · Profit Sharing
Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc · $3M · 4 · 36th
- PCT $3M
- EIN 4
- RANK 36th
- PHOTO Profit Sharing
- IND near Lipparelli & Associates, Inc. Profit Sharing Plan
- EOY ind #3697
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 South Carolina →
Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc in the asset neighbourhood
Modern Equipment, Inc multi-year asset trail
Sponsor-wide plan assets over time
All Modern Equipment, Inc plans reported in each filing year
- Latest sponsor-wide plan assets
- $4M 26.929688406638043% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4 | $3M |
| 2023 | 1 | 4 | $3M |
| 2024 | 1 | 4 | $4M |
Modern Equipment, Inc filing trail (2023)
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | $380K |
| Employer EIN | 741810474 |
| Plan Effective Date | 1987-02-22 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in South Carolina
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Prisma Health Retirement Savings Plan $1.9B · 28,745
- Uma Retirement Plan $756M · 2,510
- Profit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & Stewart $222M · 2,301
- Scansource, Inc. 401(k) Plan $216M · 1,515
- Usc School of Medicine Educational Trust Retirement Plan $45M · 197
Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc's out-of-state Profit Sharing peers by assets and headcount
Outside South Carolina, the nearest Profit Sharing by assets is Lipparelli & Associates, Inc. Profit Sharing Plan in NV ($3M); by covered participants it is Sj Grillo Profit Sharing Plan in NY (4 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3M here).
Similar participant headcount
Nearest other-state filings by covered participants (4 participants); asset peers above are excluded.
- Sj Grillo Profit Sharing Plan (NY) 4 · 0 off
- Atraz Johnson Profit Sharing Plan (OR) 4 · 0 off
- Nomax Inc. Retirement Plan (LA) 4 · 0 off
- Unit Design Inc Ps (LA) 4 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.