401(k) · DOL Form 5500 · 2023

Modern Technology Solutions Inc 401(k) Plan

Data updated 2026-08-25

$324M
Total assets Above avg plan size
1,659
Participants Near avg headcount
96th
Percentile by assets National rank
$195,463
Avg per participant Above avg balance/head
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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.

  • #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.

#19,785
in Professional & Technical Services (20,321 peers)
+29.0%
assets growth YoY
3.3×
vs typical plan assets (national mean)

Modern Technology Solutions, Inc. 401(k) Plan's outsized position by total assets

Modern Technology Solutions, Inc. 401(k) Plan vs every filed plan by assets

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

$324,272,381 Top 4% higher than 96% 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 Technology Solutions, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Modern Technology Solutions, Inc. 401(k) Plan lands in the large band (1,659 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 541670018 · Modern Technology Solutions Inc PY 2023 · 401(k)

Modern Technology Solutions, Inc. 401(k) Plan · $324M · 1,659 · 96th

  • EBSA $324M
  • PART 1,659
  • TYPE 96th
  • NET 401(k)
  • BOOK near Infinera 401(k) Plan
  • VS-ST ind #19785

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 Professional & Technical Services retirement plans → · Plans in Virginia →

Modern Technology Solutions, Inc. 401(k) Plan in the asset neighbourhood

Avi Systems, Inc. Employee Stock Ownership PlanAvi Systems, Inc. Employee S…$325MInfinera 401(k) Plan$324MModern Technology Solutions, Inc. 401(k) PlanModern Technology Solutions,…$324MTeam, Inc. Salary Deferral Plan and TrustTeam, Inc. Salary Deferral P…$324MExtron Electronics 401(k) PlanExtron Electronics 401(k) Pl…$324M
End-of-year total assets ($M) among Modern Technology Solutions, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$251M
Net Assets (End of Year)$324M
Net Income$72M
Employer EIN541670018
Plan Effective Date1994-08-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Modern Technology Solutions Inc)

Sponsor-wide plan assets over time

All Modern Technology Solutions Inc plans reported in each filing year

Latest sponsor-wide plan assets
$809M 66.261187699564% vs 2022
2024 filing year
$400M$500M$600M$700M$800M$900M 202220232024 $487M $809M ▲ +66.3%
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 Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Modern Technology Solutions, Inc. 401(k) Plan, Total assets ($B): 0.324272381 · Participants: 1659Modern Technology Solutions, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Modern Technology Solutions, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Modern Technology Solutions, Inc. 401(k) Plan side-by-side with 3 peers →

Modern Technology Solutions, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Infinera 401(k) Plan in CA ($324M); by covered participants it is Stonebridge Hospitality Associates, LLC 401(k) Plan in CO (1,659 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($324M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,659 participants); asset peers above are excluded.

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 Technology Solutions, Inc. 401(k) Plan assets move in 2023? ▼
Modern Technology Solutions, Inc. 401(k) Plan grew sharply - up 29.0% during 2023, from $251M to $324M. Reported net income was $72M.
How have Modern Technology Solutions Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Modern Technology Solutions Inc's sponsor-wide assets grew 66.3%, from $487M to $809M.
Where does Modern Technology Solutions, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Modern Technology Solutions, Inc. 401(k) Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Modern Technology Solutions, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Infinera 401(k) Plan in CA ($324M, 1,250 participants).
Which 401(k) plans cover a similar participant headcount to Modern Technology Solutions, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Stonebridge Hospitality Associates, LLC 401(k) Plan in CO (1,659 participants, $18M 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 541670018.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.