401(k) · DOL Form 5500 · 2023

Modern Life Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
389
Participants Below avg headcount
68th
Percentile by assets National rank
$39,343
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Modern Health 401(k) Plan · Sponsored by Modern Life Inc. · California · Healthcare & Social Assistance

$15M in assets, 389 participants

Modern Life Inc.'s Modern Health 401(k) Plan reported $15M in total assets and 389 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #12,836 in Healthcare & Social Assistance (17,684 peers)

Modern Life Inc. multi-year trail

Modern Life Inc.'s plans moved +50.0% in assets from 2022 to 2024; this filing shows Modern Health 401(k) Plan at $15M / 389 participants.

#12,836
in Healthcare & Social Assistance (17,684 peers)
+38.7%
assets growth YoY

Modern Health 401(k) Plan's outsized position by total assets

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

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

$15,304,488 Top 32% higher than 68% 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 Health 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 Health 401(k) Plan sits mid-pack in the medium band (389 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Modern Health 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Modern Health 401(k) Plan reported participants rose from 316 in the plan year 2022 filing to 389 in the plan year 2023 filing.
  • Modern Health 401(k) Plan reported net income rose from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 364883813 · Modern Life Inc. PY 2023 · 401(k)

Modern Health 401(k) Plan · $15M · 389 · 68th

  • PCT $15M
  • EIN 389
  • RANK 68th
  • PHOTO 401(k)
  • IND near Wg&r Employees' Savings and Retirement Plan
  • EOY ind #12836

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 Healthcare & Social Assistance retirement plans → · Plans in California →

Modern Health 401(k) Plan in the asset neighbourhood

Dix 1898, Inc. 401(k) Plan$15MModern Health 401(k) Plan$15MWg&r Employees' Savings and Retirement PlanWg&r Employees' Savings and …$15MMedcare South 401(k) Plan$15MThe Farber Companies 401(k) Profit Sharing PlanThe Farber Companies 401(k) …$15M
End-of-year total assets ($M) among Modern Health 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Modern Life Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Modern Life Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 50.023426480597536% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11M $16.6M ▲ +50.0%
Year Plans Participants Total Assets
2022 1 316 $11M
2023 1 389 $15M
2024 1 269 $17M

Modern Life Inc. filing trail (2023)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$15M
Net Income$4M
Employer EIN364883813
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Modern Health 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Modern Health 401(k) Plan, Total assets ($B): 0.015304488 · Participants: 389Modern Health 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Modern Health 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

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

Outside California, the nearest 401(k) by assets is Wg&r Employees' Savings and Retirement Plan in WI ($15M); by covered participants it is Dura Bond Retirement Savings Plan in PA (389 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (389 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 Health 401(k) Plan assets move in 2023?
Modern Health 401(k) Plan surged - up 38.7% during 2023, from $11M to $15M. Reported net income was $4M.
How have Modern Life Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Modern Life Inc.'s sponsor-wide assets grew 50.0%, from $11M to $17M.
Which 401(k) plans are similar in size to Modern Health 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Wg&r Employees' Savings and Retirement Plan in WI ($15M, 265 participants).
Which 401(k) plans cover a similar participant headcount to Modern Health 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Dura Bond Retirement Savings Plan in PA (389 participants, $27M in assets).