401(k) · DOL Form 5500 · 2023

Mode Transportation, LLC 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
601
Participants Below avg headcount
79th
Percentile by assets National rank
$49,976
Avg per participant Low balance/head
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Official DOL plan name: Mode Transportation 401(k) Plan · Sponsored by Mode Transportation, LLC · Texas · Transportation & Warehousing

$30M in assets, 601 participants

Mode Transportation, LLC's Mode Transportation 401(k) Plan reported $30M in total assets and 601 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #2,623 in Transportation & Warehousing (3,362 peers)

Where Mode Transportation 401(k) Plan sits by assets

Mode Transportation 401(k) Plan sits in the top quartile of all filed plans by assets, $30M for 601 participants (~$49,976/participant), up 33.4% in 2023.

#2,623
in Transportation & Warehousing (3,362 peers)
+33.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Mode Transportation 401(k) Plan's outsized position by total assets

Mode Transportation 401(k) Plan vs every filed plan by assets

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

$30,035,401 Top 21% higher than 79% 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

Mode Transportation 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mode Transportation 401(k) Plan sits mid-pack in the medium band (601 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mode Transportation 401(k) Plan reported net income rose from $1M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Mode Transportation 401(k) Plan end-of-year assets rose from $23M in the plan year 2022 filing to $30M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 351712356 · Mode Transportation, LLC PY 2023 · 401(k)

Mode Transportation 401(k) Plan · $30M · 601 · 79th

  • NET $30M
  • NET 601
  • NET 79th
  • NET 401(k)
  • NET near Vora Group 401(k) Profit Sharing Plan
  • NET ind #2623

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 Transportation & Warehousing retirement plans → · Plans in Texas →

Mode Transportation 401(k) Plan in the asset neighbourhood

Mode Transportation 401(k) PlanMode Transportation 401(k) P…$30MMad Tim Enterprises, Inc. 401(k) PlanMad Tim Enterprises, Inc. 40…$30MFinlayson Bancshares, Inc. ESOP with 401(k) ProvisionsFinlayson Bancshares, Inc. E…$30MVora Group 401(k) Profit Sharing PlanVora Group 401(k) Profit Sha…$30MAlliance Source Testing, LLC 401(k) PlanAlliance Source Testing, LLC…$30M
End-of-year total assets ($M) among Mode Transportation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$30M
Net Income$8M
Employer EIN351712356
Plan Effective Date2018-11-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Mode Transportation, LLC)

Sponsor-wide plan assets over time

All Mode Transportation, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$35M 57.00791089714732% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $22.5M $35.3M ▲ +57.0%
Year Plans Participants Total Assets
2022 1 606 $23M
2023 1 601 $30M
2024 1 459 $35M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Mode Transportation 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Mode Transportation 401(k) Plan, Total assets ($B): 0.030035401 · Participants: 601Mode Transportation 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Mode Transportation 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Mode Transportation 401(k) Plan side-by-side with 3 peers →

Mode Transportation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Vora Group 401(k) Profit Sharing Plan in OH ($30M); by covered participants it is Summit Electric Supply Co. 401(k) Plan in NM (601 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (601 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 Mode Transportation 401(k) Plan assets move in 2023? ▼
Mode Transportation 401(k) Plan surged - up 33.4% during 2023, from $23M to $30M. Reported net income was $8M.
How have Mode Transportation, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mode Transportation, LLC's sponsor-wide assets grew 57.0%, from $23M to $35M.
Where does Mode Transportation 401(k) Plan rank by assets among Form 5500 filers? ▼
Mode Transportation 401(k) Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mode Transportation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vora Group 401(k) Profit Sharing Plan in OH ($30M, 723 participants).
Which 401(k) plans cover a similar participant headcount to Mode Transportation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Summit Electric Supply Co. 401(k) Plan in NM (601 participants, $80M 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 351712356.

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.