401(k) · DOL Form 5500 · 2023

Modern Aviation, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets: 242
Participants Below avg headcount: 45th
Percentile by assets National rank: $21,476
Avg per participant Low balance/head

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Official DOL plan name: Modern Aviation 401(k) Plan · Sponsored by Modern Aviation, Inc. · Texas · Transportation & Warehousing

$5M in assets, 242 participants

Modern Aviation, Inc.'s Modern Aviation 401(k) Plan reported $5M in total assets and 242 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.

#1,518 in Transportation & Warehousing (3,362 peers)

Coverage in Texas

Modern Aviation 401(k) Plan covers 242 participants in Texas, about 35% of the average Texas filer (state average ~688 per filing). Assets: $5M.

#1,518
in Transportation & Warehousing (3,362 peers): +44.6%
assets growth YoY

Modern Aviation 401(k) Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Modern Aviation 401(k) Plan vs every filed plan by assets

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

$5,197,191 45th percentile higher than 45% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Modern Aviation 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. Modern Aviation 401(k) Plan sits mid-pack in the medium band (242 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Modern Aviation 401(k) Plan reported participants rose from 95 in the plan year 2022 filing to 242 in the plan year 2023 filing.
Modern Aviation 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
Modern Aviation 401(k) Plan reported net income rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 824451754 · Modern Aviation, Inc. PY 2023 · 401(k)

Modern Aviation 401(k) Plan · $5M · 242 · 45th

BOY $5M
BOY 242
BOY 45th
BOY 401(k)
BOY near Allesco Industries, Inc. 401(k) Profit Sharing Plan and Trust
BOY ind #1518

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 →

End-of-year total assets ($M) among Modern Aviation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)	$4M
Net Assets (End of Year)	$5M
Net Income	$2M
Employer EIN	824451754
Plan Effective Date	2019-06-15
Filing Status	FILING RECEIVED

Sponsor Plan History (Modern Aviation, Inc.)

Latest sponsor-wide plan assets: $7M 95.52710179699359% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	95	$4M
2023	1	242	$5M
2024	1	360	$7M

Nearby 401(k) Plans in Texas

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

Modern Aviation 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

AT&T Retirement Savings Plan $40.0B · 119,854
Exxonmobil Savings Plan $21.9B · 23,477
Caterpillar 401(k) Savings Plan $16.5B · 41,679
American Airlines, Inc. 401(k) Plan $14.7B · 88,792
Dell Inc. 401(k) Plan $13.5B · 45,686

Compare Modern Aviation 401(k) Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Allesco Industries, Inc. 401(k) Profit Sharing Plan and Trust in RI ($5M); by covered participants it is Activehours 401(k) Plan in CA (242 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Allesco Industries, Inc. 401(k) Profit Sharing Plan and Trust (RI) $5M · 138
Manhattan Mechanical Services 401(k) Plan (IN) $5M · 157
Talbot, Korvola & Warwick, LLP 401(k) Employee Savings Plan (OR) $5M · 33
Fox Restaurant Concepts 401(k) Plan (AZ) $5M · 383

Similar participant headcount

Nearest other-state filings by covered participants (242 participants); asset peers above are excluded.

Activehours 401(k) Plan (CA) 242 · 0 off
Nu-Way Industries, Inc. Profit Sharing Plan (IL) 242 · 0 off
Rite Stuff Foods 401(k) Plan (ID) 242 · 0 off
Square Enix, Inc. 401(k) Plan (CA) 242 · 0 off

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 Aviation 401(k) Plan assets move in 2023? ▼

Modern Aviation 401(k) Plan surged - up 44.6% during 2023, from $4M to $5M. Reported net income was $2M.

How have Modern Aviation, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Modern Aviation, Inc.'s sponsor-wide assets grew 95.5%, from $4M to $7M.

Which 401(k) plans are similar in size to Modern Aviation 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Allesco Industries, Inc. 401(k) Profit Sharing Plan and Trust in RI ($5M, 138 participants).

Which 401(k) plans cover a similar participant headcount to Modern Aviation 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Activehours 401(k) Plan in CA (242 participants, $17M 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 824451754.