Profit Sharing · DOL Form 5500 · 2024
Modern Equipment Inc Profit Sharing Plan
Data updated 2026-07-24
- $4M
- Total assets
- 4
- Participants
- 36th
- Percentile by assets
- $875,003
- Avg per participant
Official DOL plan name: Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc · Sponsored by Modern Equipment Inc · South Carolina · Manufacturing
$4M in assets, 4 participants
Modern Equipment Inc's Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc reported $4M in total assets and 4 participants in its 2024 DOL Form 5500 filing, ranking in the 36th 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.
- 36th percentile by assets (of 116,472 plans)
Modern Equipment Inc multi-year trail
Modern Equipment Inc's plans moved +26.9% in assets from 2022 to 2024; this filing shows Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc at $4M / 4 participants.
- $4M
- total plan assets (2024 EOY)
- 4
- covered participants
- 36th
- percentile by assets (of 116,472 plans)
- $875,003
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
Modern Equipment Inc across 3 plan years on file
Across the 3 plan years Modern Equipment Inc has on file (2022-2024), sponsor-wide plan assets have moved from $3M to $4M, a gain of 26.9%, while reported participants moved from 4 to 4 (+0.0%). Peak year by sponsor assets: 2024 ($4M); trough: 2022 ($3M).
Modern Equipment Inc multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4 | $3M |
| 2023 | 1 | 4 | $3M |
| 2024 | 1 | 4 | $4M |
Modern Equipment Inc filing trail (2024)
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | $363K |
| Employer EIN | 741810474 |
| Plan Effective Date | 1987-02-22 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in South Carolina
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc vs. nearby Profit Sharing plans in South Carolina, assets vs. participants
- Prisma Health Retirement Savings Plan $2.2B · 29,201
- Profit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & Stewart $249M · 2,275
- Usc School of Medicine Educational Trust Retirement Plan $52M · 191
- Uricchio, Howe & Krell, P. a. Profit Sharing Plan $21M · 22
- First Palmetto Bank Retirement Plan $15M · 157
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc by total assets, not by location.
Frequently Asked Questions
How did Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc assets move in 2024? ▼
How have Modern Equipment Inc plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc? ▼
Next read for Au 74-1810474 P001 199812 Sc07 Modern Eq…
Multi-year trail
Ways to act on Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc's numbers.
- By total assets, Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in South Carolina. Compare plans
- Modern Equipment Inc's sponsor-wide assets have grown 26.9% since 2022 across 3 plan years on file. More Manufacturing plans
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 741810474.
Read our methodology - how this data is sourced, computed, and verified.