401(k) · DOL Form 5500 · 2023

Modineer Co. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
1,056
Participants Near avg headcount
79th
Percentile by assets National rank
$28,767
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Modineer Co. Profit Sharing Savings Plan · Sponsored by Modineer Co. · Michigan · Manufacturing

$30M in assets, 1,056 participants

Modineer Co.'s Modineer Co. Profit Sharing Savings Plan reported $30M in total assets and 1,056 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.

  • #13,355 in Manufacturing (18,722 peers)

Where Modineer Co. Profit Sharing Savings Plan sits by assets

Modineer Co. Profit Sharing Savings Plan sits in the top quartile of all filed plans by assets, $30M for 1,056 participants (~$28,767/participant), up 25.9% in 2023.

#13,355
in Manufacturing (18,722 peers)
+25.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Modineer Co. Profit Sharing Savings Plan's outsized position by total assets

Modineer Co. Profit Sharing Savings Plan vs every filed plan by assets

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

$30,377,523 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

Modineer Co. Profit Sharing Savings 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. Modineer Co. Profit Sharing Savings Plan lands in the large band (1,056 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Modineer Co. Profit Sharing Savings Plan reported net income rose from -$1M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Modineer Co. Profit Sharing Savings Plan reported participants rose from 785 in the plan year 2022 filing to 1,056 in the plan year 2023 filing.
  • Modineer Co. Profit Sharing Savings Plan end-of-year assets rose from $24M in the plan year 2022 filing to $30M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 381511457 · Modineer Co. PY 2023 · 401(k)

Modineer Co. Profit Sharing Savings Plan · $30M · 1,056 · 79th

  • IND $30M
  • IND 1,056
  • IND 79th
  • IND 401(k)
  • IND near The Institute for Family Health Retirement Plan
  • IND ind #13355

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 Manufacturing retirement plans → · Plans in Michigan →

Modineer Co. Profit Sharing Savings Plan in the asset neighbourhood

Modineer Co. Profit Sharing Savings PlanModineer Co. Profit Sharing …$30MThe Institute for Family Health Retirement PlanThe Institute for Family Hea…$30MOklahoma Surgical Hospital, LLC 401(k) PlanOklahoma Surgical Hospital, …$30MSana Biotechnology, Inc. 401(k) PlanSana Biotechnology, Inc. 401…$30MStevens Industries, Inc. 401(k) PlanStevens Industries, Inc. 401…$30M
End-of-year total assets ($M) among Modineer Co. Profit Sharing Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$30M
Net Income$6M
Employer EIN381511457
Plan Effective Date1986-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Modineer Co.)

Sponsor-wide plan assets over time

All Modineer Co. plans reported in each filing year

Latest sponsor-wide plan assets
$34M 40.618856447143955% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.1M $33.9M ▲ +40.6%
Year Plans Participants Total Assets
2022 1 785 $24M
2023 1 1,056 $30M
2024 1 1,094 $34M

Nearby 401(k) Plans in Michigan

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

Modineer Co. Profit Sharing Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Modineer Co. Profit Sharing Savings Plan, Total assets ($B): 0.030377523 · Participants: 1056Modineer Co. Profit Sharing Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Modineer Co. Profit Sharing Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Modineer Co. Profit Sharing Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is The Institute for Family Health Retirement Plan in NY ($30M); by covered participants it is Otc Brands, Inc. 401(k) Retirement Plan in NE (1,056 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,056 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 Modineer Co. Profit Sharing Savings Plan assets move in 2023?
Modineer Co. Profit Sharing Savings Plan grew sharply - up 25.9% during 2023, from $24M to $30M. Reported net income was $6M.
How have Modineer Co. plan assets changed over time?
Across 3 plan years on file (2022-2024), Modineer Co.'s sponsor-wide assets grew 40.6%, from $24M to $34M.
Where does Modineer Co. Profit Sharing Savings Plan rank by assets among Form 5500 filers?
Modineer Co. Profit Sharing Savings 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 Modineer Co. Profit Sharing Savings Plan?
Among 401(k) plans in other states, the closest by assets is The Institute for Family Health Retirement Plan in NY ($30M, 1,401 participants).
Which 401(k) plans cover a similar participant headcount to Modineer Co. Profit Sharing Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Otc Brands, Inc. 401(k) Retirement Plan in NE (1,056 participants, $90M in assets).