401(k) · DOL Form 5500 · 2023
Modern Technology Solutions Inc 401(k) Plan
Data updated 2026-08-11
- $324M
- Total assets
- 1,659
- Participants
- 96th
- Percentile by assets
- $195,463
- Avg per participant
Official DOL plan name: Modern Technology Solutions, Inc. 401(k) Plan · Sponsored by Modern Technology Solutions Inc · Virginia · Professional & Technical Services
$324M in assets, 1,659 participants
Modern Technology Solutions Inc's Modern Technology Solutions, Inc. 401(k) Plan reported $324M in total assets and 1,659 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 127,072 plans)
- #19,785 in Professional & Technical Services (20,321 peers)
Coverage in Virginia
Modern Technology Solutions, Inc. 401(k) Plan covers 1,659 participants in Virginia, 2.1x the typical Virginia plan (state average ~782 per filing). Assets: $324M.
- $324M
- total plan assets (2023 EOY)
- 1,659
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $195,463
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Modern Technology Solutions, Inc. 401(k) Plan reported net income rose from -$31M in the plan year 2022 filing to $72M in the plan year 2023 filing.
- Modern Technology Solutions, Inc. 401(k) Plan end-of-year assets rose from $251M in the plan year 2022 filing to $324M in the plan year 2023 filing.
- Modern Technology Solutions, Inc. 401(k) Plan reported participants rose from 1,428 in the plan year 2022 filing to 1,659 in the plan year 2023 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. Modern Technology Solutions, Inc. 401(k) Plan reports 1,659 participants - 2.1x that state average ($324M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $251M |
|---|---|
| Net Assets (End of Year) | $324M |
| Net Income | $72M |
| Employer EIN | 541670018 |
| Plan Effective Date | 1994-08-16 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Modern Technology Solutions Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,022 | $487M |
| 2023 | 2 | 3,311 | $646M |
| 2024 | 2 | 3,936 | $809M |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Modern Technology Solutions, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
- Northrop Grumman Savings Plan $36.2B · 97,987
- 401(k) Pension Plan $15.0B · 62,467
- General Dynamics Corporation 401(k) Plan 6.0 $11.2B · 48,860
- Leidos, Inc. Retirement Plan $10.6B · 27,043
- Bae Systems Employees' Savings and Investment Plan $9.4B · 31,681
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Modern Technology Solutions, Inc. 401(k) Plan by total assets, not by location.
- Infinera 401(k) Plan (CA) $324M · 1,250
- Team, Inc. Salary Deferral Plan and Trust (TX) $324M · 3,351
- Extron Electronics 401(k) Plan (CA) $324M · 1,647
- Avi Systems, Inc. Employee Stock Ownership Plan (KS) $325M · 828
Frequently Asked Questions
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Next read for Modern Technology Solutions, Inc. 401(k)…
Filing takeaways
Ways to act on Modern Technology Solutions, Inc. 401(k) Plan's numbers.
- By total assets, Modern Technology Solutions, Inc. 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
- Modern Technology Solutions Inc's sponsor-wide assets have grown 66.3% since 2022 across 3 plan years on file. More Professional & Technical Services plans