Profit Sharing · DOL Form 5500 · 2024

Modern Equipment Inc Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
4
Participants Small participant base
36th
Percentile by assets National rank
$875,003
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #3,473 in Manufacturing (17,777 peers)

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.

#3,473
in Manufacturing (17,777 peers)
+11.6%
assets growth YoY

Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc's mid-pack asset rank among Manufacturing and all filers

Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$3,500,010 36th percentile higher than 36% of 123,620 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 2024

Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc is a micro filing (4 participants), the leftmost band.

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 741810474 · Modern Equipment Inc PY 2024 · Profit Sharing

Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc · $4M · 4 · 36th

  • VS-ST $4M
  • VS-ST 4
  • VS-ST 36th
  • VS-ST Profit Sharing
  • VS-ST near Roam Wouda Inc. Retirement Plan
  • VS-ST ind #3473

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 South Carolina →

Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc in the asset neighbourhood

Au 74-1810474 P001 199812 Sc07 Modern Equipment IncAu 74-1810474 P001 199812 Sc…$4MRoam Wouda Inc. Retirement PlanRoam Wouda Inc. Retirement P…$4MLeboeuf Holdings Inc. Retirement PlanLeboeuf Holdings Inc. Retire…$4MLandy & Landy P.C. Employee Profit Sharing PlanLandy & Landy P.C. Employee …$3MMark E. Seitelman Law Offices, P.C. Profit Sharing Plan and TrustMark E. Seitelman Law Office…$3M
End-of-year total assets ($M) among Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Modern Equipment Inc multi-year asset trail

Sponsor-wide plan assets over time

All Modern Equipment Inc plans reported in each filing year

Latest sponsor-wide plan assets
$4M 26.929688406638043% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.76M $3.5M ▲ +26.8%
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 EIN741810474
Plan Effective Date1987-02-22
Filing StatusFILING 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 Scatter plot of 6 data points. -10000010000200003000040000 -0.500.511.522.5 Total assets ($B) Participants Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc, Total assets ($B): 0.00350001 · Participants: 4Au 74-1810474 P001 199812 Sc07 Modern Equipment IncPrisma Health Retirement Savings Plan, Total assets ($B): 2.165121786 · Participants: 29201Prisma Health Retirement Savings PlanUma Retirement Plan, Total assets ($B): 0.847554937 · Participants: 2827Uma Retirement PlanProfit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & Stewart, Total assets ($B): 0.248524918 · Participants: 2275Profit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & StewartScansource, Inc. 401(k) Plan, Total assets ($B): 0.225415995 · Participants: 1401Scansource, Inc. 401(k) PlanUsc School of Medicine Educational Trust Retirement Plan, Total assets ($B): 0.051579073 · Participants: 191Usc School of Medicine Educational Trust Retirement Plan
Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc vs. nearby Profit Sharing plans in South Carolina, assets vs. participants

Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc's out-of-state Profit Sharing peers by assets and headcount

Outside South Carolina, the nearest Profit Sharing by assets is Roam Wouda Inc. Retirement Plan in VT ($4M); by covered participants it is Thrive Holdings Inc. Retirement Plan in OH (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc assets move in 2024?
Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc grew at a solid clip - up 11.6% during 2024, from $3M to $4M. Reported net income was $363K.
How have Modern Equipment Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Modern Equipment Inc's sponsor-wide assets grew 26.9%, from $3M to $4M.
Which Profit Sharing plans are similar in size to Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc?
Among Profit Sharing plans in other states, the closest by assets is Roam Wouda Inc. Retirement Plan in VT ($4M, 17 participants).
Which Profit Sharing plans cover a similar participant headcount to Au 74-1810474 P001 199812 Sc07 Modern Equipment Inc?
Among Profit Sharing plans in other states, the closest by covered participants is Thrive Holdings Inc. Retirement Plan in OH (4 participants, $533K in assets).