ESOP · DOL Form 5500 · 2024

Modern Technology Solutions, Inc. ESOP

Data updated 2026-07-24

$407M
Total assets
1,962
Participants
97th
Percentile by assets
$207,495
Avg per participant
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Official DOL plan name: Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Modern Technology Solutions, Inc. · Virginia · Professional & Technical Services

$407M in assets, 1,962 participants

Modern Technology Solutions, Inc.'s Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust reported $407M in total assets and 1,962 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 116,472 plans)

Coverage in Virginia

Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust covers 1,962 participants in Virginia, 2.5x the typical Virginia plan (state average ~781 per filing). Assets: $407M.

$407M
total plan assets (2024 EOY)
1,962
covered participants
97th
percentile by assets (of 116,472 plans)
$207,495
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $322M in the plan year 2023 filing to $407M in the plan year 2024 filing.
  • Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 1,652 in the plan year 2023 filing to 1,962 in the plan year 2024 filing.
  • Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $88M in the plan year 2023 filing to $83M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust reports 1,962 participants - 2.5x that state average ($407M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$322M
Net Assets (End of Year)$402M
Net Income$83M
Employer EIN541670018
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Modern Technology Solutions, Inc.)

$400M$500M$600M$700M$800M$900M 202220232024 $487M $809M ▲ +66.3%
Total plan assets by year, all Modern Technology Solutions, Inc. plans on file
Year Plans Participants Total Assets
2022 2 3,022 $487M
2023 2 3,311 $646M
2024 2 3,936 $809M

Nearby ESOP Plans in Virginia

Peer ESOP plans, same state, same plan type, ranked by total assets.

Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants

Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 00.511.5 Total assets ($B) Participants Modern Technology So…Nvr, Inc. Employee S…Delta Star Employee …The Resorts Companie…New River Electrical…American Systems Cor…
Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust assets move in 2024?
Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust grew sharply - up 26.6% during 2024, from $322M to $407M. Reported net income was $83M.
How have Modern Technology Solutions, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Modern Technology Solutions, Inc.'s sponsor-wide assets grew 66.3%, from $487M to $809M.
Where does Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers?
Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust ranks in the 97th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Allied Mineral Products Employee Stock Ownership Plan in OH ($404M, 606 participants).

Next read for Modern Technology Solutions, Inc. Employ…

Filing takeaways

Ways to act on Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust's numbers.

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 541670018.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.