401(k) · DOL Form 5500 · 2023

Modern Woodmen of America 401(k) Plan

Data updated 2026-08-11

$234M
Total assets
1,047
Participants
95th
Percentile by assets
$223,738
Avg per participant
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Official DOL plan name: Modern Woodmen of America Employees' Savings Plan · Sponsored by Modern Woodmen of America · Illinois · Finance & Insurance

$234M in assets, 1,047 participants

Modern Woodmen of America's Modern Woodmen of America Employees' Savings Plan reported $234M in total assets and 1,047 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #8,200 in Finance & Insurance (8,869 peers)

Where Modern Woodmen of America Employees' Savings Plan sits by assets

Modern Woodmen of America Employees' Savings Plan sits in the top 5% of all filed plans by assets, $234M for 1,047 participants (~$223,738/participant), up 10.8% in 2023.

$234M
total plan assets (2023 EOY)
1,047
covered participants
95th
percentile by assets (of 127,072 plans)
$223,738
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Modern Woodmen of America Employees' Savings Plan reported net income rose from -$36M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Modern Woodmen of America Employees' Savings Plan end-of-year assets rose from $211M in the plan year 2022 filing to $234M in the plan year 2023 filing.
  • Modern Woodmen of America Employees' Savings Plan reported participants rose from 979 in the plan year 2022 filing to 1,047 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Modern Woodmen of America Employees' Savings Plan vs the 2023 asset distribution

By assets, Modern Woodmen of America Employees' Savings Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$211M
Net Assets (End of Year)$234M
Net Income$23M
Employer EIN361493430
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Modern Woodmen of America)

$0.9B$1B$1.1B$1.2B 202220232024 $0.95B $1.12B ▲ +17.9%
Total plan assets by year, all Modern Woodmen of America plans on file
Year Plans Participants Total Assets
2022 2 1,933 $952M
2023 2 2,050 $1.1B
2024 2 2,141 $1.1B

Nearby 401(k) Plans in Illinois

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

Modern Woodmen of America Employees' Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Modern Woodmen of America Employees' Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Modern Woodmen of Am…Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Modern Woodmen of America Employees' Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Modern Woodmen of America Employees' Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Modern Woodmen of America Employees' Savings Plan assets move in 2023?
Modern Woodmen of America Employees' Savings Plan grew at a solid clip - up 10.8% during 2023, from $211M to $234M. Reported net income was $23M.
How have Modern Woodmen of America plan assets changed over time?
Across 3 plan years on file (2022-2024), Modern Woodmen of America's sponsor-wide assets grew 17.1%, from $952M to $1.1B.
Where does Modern Woodmen of America Employees' Savings Plan rank by assets among Form 5500 filers?
Modern Woodmen of America Employees' Savings Plan ranks in the 95th 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 Woodmen of America Employees' Savings Plan?
Among 401(k) plans in other states, the closest by assets is Schwarz Partners LP 401(k) Profit Sharing Plan in IN ($234M, 4,279 participants).

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