ESOP · DOL Form 5500 · 2023
Modern Technology Solutions, Inc. ESOP
Data updated 2026-08-11
- $322M
- Total assets
- 1,652
- Participants
- 96th
- Percentile by assets
- $194,625
- Avg per participant
Official DOL plan name: Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Modern Technology Solutions, Inc. · Virginia · Professional & Technical Services
$322M in assets, 1,652 participants
Modern Technology Solutions, Inc.'s Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust reported $322M in total assets and 1,652 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)
- #19,781 in Professional & Technical Services (20,321 peers)
Coverage in Virginia
Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust covers 1,652 participants in Virginia, 2.1x the typical Virginia plan (state average ~782 per filing). Assets: $322M.
- $322M
- total plan assets (2023 EOY)
- 1,652
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $194,625
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $39M in the plan year 2022 filing to $88M in the plan year 2023 filing.
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $235M in the plan year 2022 filing to $322M in the plan year 2023 filing.
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 1,594 in the plan year 2022 filing to 1,652 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. Employee Stock Ownership Plan and Trust reports 1,652 participants - 2.1x that state average ($322M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $235M |
|---|---|
| Net Assets (End of Year) | $319M |
| Net Income | $88M |
| Employer EIN | 541670018 |
| Plan Effective Date | 2008-01-01 |
| 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 ESOP Plans in Virginia
Peer ESOP plans, same state, same plan type, ranked by total assets.
Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants
- Nvr, Inc. Employee Stock Ownership Plan $1.2B · 6,866
- The Resorts Companies, Inc. Employee Stock Ownership Plan $352M · 1,751
- American Systems Corporation Employee Stock Ownership Plan $331M · 1,782
- New River Electrical Corporation Employee Stock Ownership Plan $321M · 444
- Davis H. Elliot Company, Incorporated Employee Stock Ownership Plan $250M · 2,072
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.
- Tecolote Research, Inc. Employee Stock Ownership Plan (CA) $321M · 609
- Brown Capital Management ESOP (MD) $320M · 35
- Thirty Fifteen Employee Stock Ownership Plan (FL) $324M · 5,365
- Wausau Supply Company Employee Stock Ownership Plan (WI) $315M · 808
Frequently Asked Questions
How did Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
How have Modern Technology Solutions, Inc. plan assets changed over time? ▼
Where does Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust's numbers.
- By total assets, Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP 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