ESOP · DOL Form 5500 · 2023

Modern Metals Foundry, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
13
Participants Small participant base
30th
Percentile by assets National rank
$153,764
Avg per participant Above avg balance/head
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Official DOL plan name: Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Modern Metals Foundry, Inc. · Minnesota · Manufacturing

$2M in assets, 13 participants

Modern Metals Foundry, Inc.'s Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust reported $2M in total assets and 13 participants in its 2023 DOL Form 5500 filing, ranking in the 30th 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.

  • #2,799 in Manufacturing (18,722 peers)

Modern Metals Foundry, Inc. multi-year trail

Modern Metals Foundry, Inc.'s plans moved -18.1% in assets from 2022 to 2023; this filing shows Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust at $2M / 13 participants.

#2,799
in Manufacturing (18,722 peers)
-18.1%
assets change YoY

The plan reported a net loss of $362K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust among the smaller filed plans by assets

Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$1,998,930 30th percentile higher than 30% of 127,068 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 2023

Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust is a small filing (13 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust reported net income rose from -$392K in the plan year 2022 filing to -$362K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410832724 · Modern Metals Foundry, Inc. PY 2023 · ESOP

Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust · $2M · 13 · 30th

  • IND $2M
  • EOY 13
  • 5500 30th
  • ASSETS ESOP
  • PCT near Future Care Associates, Inc. Employee Stock Ownership Plan
  • EIN ind #2799

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 Minnesota →

Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Modern Metals Foundry, Inc. Employee Stock Ownership Plan and TrustModern Metals Foundry, Inc. …$2MFuture Care Associates, Inc. Employee Stock Ownership PlanFuture Care Associates, Inc.…$2MLakeview Professional Services, Inc ESOPLakeview Professional Servic…$2MMiller-Newell Engineers, Inc. Employee Stock Ownership PlanMiller-Newell Engineers, Inc…$2MHaviland Bancshares, Inc. Employee Stock Ownership Plan and TrustHaviland Bancshares, Inc. Em…$2M
End-of-year total assets ($M) among Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Modern Metals Foundry, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Modern Metals Foundry, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 18.076706494502872% vs 2022
2023 filing year
$1.8M$2M$2.2M$2.4M$2.6M 20222023 $2.44M $2M ▼ -18.0%
Year Plans Participants Total Assets
2022 1 13 $2M
2023 1 13 $2M

Modern Metals Foundry, Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$362K
Employer EIN410832724
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

Peer ESOP plans, same state, same plan type, ranked by total assets.

Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 1.99893 · Participants: 13Modern Metals Foundry, Inc. Employee Stock Ownership Plan and TrustAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants

Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Future Care Associates, Inc. Employee Stock Ownership Plan in NY ($2M); by covered participants it is Lipman Hearne, Inc. Employee Stock Ownership Plan in IL (13 participants). Same-state nearby plans are listed separately above.

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 Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust assets move in 2023?
Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust declined sharply - down 18.1% during 2023, from $2M to $2M. Reported net income was -$362K.
How have Modern Metals Foundry, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Modern Metals Foundry, Inc.'s sponsor-wide assets declined 18.1%, from $2M to $2M.
Which ESOP plans are similar in size to Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Future Care Associates, Inc. Employee Stock Ownership Plan in NY ($2M, 174 participants).
Which ESOP plans cover a similar participant headcount to Modern Metals Foundry, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by covered participants is Lipman Hearne, Inc. Employee Stock Ownership Plan in IL (13 participants, N/A in assets).