401(k) · DOL Form 5500 · 2023

Modern Method Gunite, Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
199
Participants Below avg headcount
73rd
Percentile by assets National rank
$99,765
Avg per participant Below avg balance/head
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Official DOL plan name: Modern Method Gunite, Inc. 401(k) Profit Sharing Plan · Sponsored by Modern Method Gunite, Inc. · Texas · Manufacturing

$20M in assets, 199 participants

Modern Method Gunite, Inc.'s Modern Method Gunite, Inc. 401(k) Profit Sharing Plan reported $20M in total assets and 199 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #11,661 in Manufacturing (18,722 peers)

Coverage in Texas

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan covers 199 participants in Texas, about 29% of the average Texas filer (state average ~688 per filing). Assets: $20M.

#11,661
in Manufacturing (18,722 peers)
+21.9%
assets growth YoY

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$19,853,270 Top 27% higher than 73% 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 Method Gunite, Inc. 401(k) Profit Sharing 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 Method Gunite, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (199 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Modern Method Gunite, Inc. 401(k) Profit Sharing Plan reported net income rose from -$100K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Modern Method Gunite, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $16M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Modern Method Gunite, Inc. 401(k) Profit Sharing Plan reported participants fell from 223 in the plan year 2022 filing to 199 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 760008170 · Modern Method Gunite, Inc. PY 2023 · 401(k)

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan · $20M · 199 · 73rd

  • VS-ST $20M
  • VS-ST 199
  • VS-ST 73rd
  • VS-ST 401(k)
  • VS-ST near The Kiemle Hankins Company Employee 's 401(k) Plan
  • VS-ST ind #11661

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 Texas →

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Modern Method Gunite, Inc. 401(k) Profit Sharing PlanModern Method Gunite, Inc. 4…$20MThe Kiemle Hankins Company Employee 's 401(k) PlanThe Kiemle Hankins Company E…$20MUnited Bank of Michigan Savings PlanUnited Bank of Michigan Savi…$20MAps Technology 401(k) Plan$20MCapital Consultants, Inc. Employee Profit Sharing PlanCapital Consultants, Inc. Em…$20M
End-of-year total assets ($M) among Modern Method Gunite, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$20M
Net Income$4M
Employer EIN760008170
Plan Effective Date1995-12-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Modern Method Gunite, Inc.)

Sponsor-wide plan assets over time

All Modern Method Gunite, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 34.19175338406761% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $16.3M $21.9M ▲ +34.2%
Year Plans Participants Total Assets
2022 1 223 $16M
2023 1 199 $20M
2024 1 224 $22M

Nearby 401(k) Plans in Texas

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

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Modern Method Gunite, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.01985327 · Participants: 199Modern Method Gunite, Inc. 401(k) Profit Sharing PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Modern Method Gunite, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Modern Method Gunite, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is The Kiemle Hankins Company Employee 's 401(k) Plan in OH ($20M); by covered participants it is Una's Nonprofit Retirement Solution in UT (199 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (199 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 Method Gunite, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Modern Method Gunite, Inc. 401(k) Profit Sharing Plan grew sharply - up 21.9% during 2023, from $16M to $20M. Reported net income was $4M.
How have Modern Method Gunite, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Modern Method Gunite, Inc.'s sponsor-wide assets grew 34.2%, from $16M to $22M.
Which 401(k) plans are similar in size to Modern Method Gunite, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Kiemle Hankins Company Employee 's 401(k) Plan in OH ($20M, 107 participants).
Which 401(k) plans cover a similar participant headcount to Modern Method Gunite, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Una's Nonprofit Retirement Solution in UT (199 participants, $987K 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 760008170.

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.