401(k) · DOL Form 5500 · 2023

Modernatx, Inc. 401(k) Plan

Data updated 2026-08-25

$338M
Total assets Above avg plan size
3,299
Participants Above avg headcount
96th
Percentile by assets National rank
$102,467
Avg per participant Below avg balance/head
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Official DOL plan name: Modernatx, Inc. 401(k) Plan · Sponsored by Modernatx, Inc. · Massachusetts · Healthcare & Social Assistance

$338M in assets, 3,299 participants

Modernatx, Inc.'s Modernatx, Inc. 401(k) Plan reported $338M in total assets and 3,299 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.

  • #17,114 in Healthcare & Social Assistance (17,684 peers)

Coverage in Massachusetts

Modernatx, Inc. 401(k) Plan covers 3,299 participants in Massachusetts, 5.0x the typical Massachusetts plan (state average ~659 per filing). Assets: $338M.

#17,114
in Healthcare & Social Assistance (17,684 peers)
+89.0%
assets growth YoY
3.4×
vs typical plan assets (national mean)

Modernatx, Inc. 401(k) Plan's outsized position by total assets

Modernatx, Inc. 401(k) Plan vs every filed plan by assets

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

$338,038,083 Top 4% higher than 96% 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

Modernatx, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Modernatx, Inc. 401(k) Plan lands in the large band (3,299 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Modernatx, Inc. 401(k) Plan reported net income rose from $42M in the plan year 2022 filing to $159M in the plan year 2023 filing.
  • Modernatx, Inc. 401(k) Plan end-of-year assets rose from $179M in the plan year 2022 filing to $338M in the plan year 2023 filing.
  • Modernatx, Inc. 401(k) Plan reported participants rose from 2,447 in the plan year 2022 filing to 3,299 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 270226313 · Modernatx, Inc. PY 2023 · 401(k)

Modernatx, Inc. 401(k) Plan · $338M · 3,299 · 96th

  • PART $338M
  • PART 3,299
  • PART 96th
  • PART 401(k)
  • PART near Retirement Savings Plan of Flad Affiliated Corp.
  • PART ind #17114

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 Massachusetts →

Modernatx, Inc. 401(k) Plan in the asset neighbourhood

Robins Kaplan LLP Profit Sharing & Savings PlanRobins Kaplan LLP Profit Sha…$338MModernatx, Inc. 401(k) Plan$338MRetirement Savings Plan of Flad Affiliated Corp.Retirement Savings Plan of F…$338MAlign Technology, Inc. 401(k) Profit Sharing PlanAlign Technology, Inc. 401(k…$338MDycom Industries, Inc. Retirement Savings PlanDycom Industries, Inc. Retir…$338M
End-of-year total assets ($M) among Modernatx, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$179M
Net Assets (End of Year)$338M
Net Income$159M
Employer EIN270226313
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Modernatx, Inc.)

Sponsor-wide plan assets over time

All Modernatx, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$502M 180.55627126874705% vs 2022
2024 filing year
$100M$200M$300M$400M$500M$600M 202220232024 $179M $502M ▲ +180.6%
Year Plans Participants Total Assets
2022 1 2,447 $179M
2023 1 3,299 $338M
2024 1 4,814 $502M

Nearby 401(k) Plans in Massachusetts

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

Modernatx, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Modernatx, Inc. 401(k) Plan, Total assets ($B): 0.338038083 · Participants: 3299Modernatx, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Modernatx, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Modernatx, Inc. 401(k) Plan side-by-side with 3 peers →

Modernatx, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Retirement Savings Plan of Flad Affiliated Corp. in WI ($338M); by covered participants it is Co-Op Pension Plan in TN (3,299 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,299 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 Modernatx, Inc. 401(k) Plan assets move in 2023? ▼
Modernatx, Inc. 401(k) Plan surged - up 89.0% during 2023, from $179M to $338M. Reported net income was $159M.
How have Modernatx, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Modernatx, Inc.'s sponsor-wide assets grew 180.6%, from $179M to $502M.
Where does Modernatx, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Modernatx, Inc. 401(k) Plan ranks in the 96th 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 Modernatx, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Retirement Savings Plan of Flad Affiliated Corp. in WI ($338M, 1,386 participants).
Which 401(k) plans cover a similar participant headcount to Modernatx, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Co-Op Pension Plan in TN (3,299 participants, $386M 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 270226313.

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.