ESOP · DOL Form 5500 · 2024

Modern Technology Solutions, Inc. ESOP

Data updated 2026-08-25

$407M
Total assets Above avg plan size
1,962
Participants Near avg headcount
97th
Percentile by assets National rank
$207,495
Avg per participant Above avg balance/head
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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.

  • #19,687 in Professional & Technical Services (20,173 peers)

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 ~782 per filing). Assets: $407M.

#19,687
in Professional & Technical Services (20,173 peers)
+26.6%
assets growth YoY
4.1×
vs typical plan assets (national mean)

Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$407,104,271 Top 3% higher than 97% 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

Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust lands in the large band (1,962 participants).

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 →

Form 5500 schedule snapshot

Filing strip 541670018 · Modern Technology Solutions, Inc. PY 2024 · ESOP

Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust · $407M · 1,962 · 97th

  • TYPE $407M
  • NET 1,962
  • BOOK 97th
  • VS-ST ESOP
  • BOY near Allied Mineral Products Employee Stock Ownership Plan
  • SCH ind #19687

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 What is an ESOP? → · Plans in Virginia →

Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Motor City Electric Co. Employee Stock Ownership PlanMotor City Electric Co. Empl…$410MModern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustModern Technology Solutions,…$407MAllied Mineral Products Employee Stock Ownership PlanAllied Mineral Products Empl…$404MRli Corp. Employee Stock Ownership PlanRli Corp. Employee Stock Own…$404MAir Tractor Holdings, Inc. Employee Stock Ownership PlanAir Tractor Holdings, Inc. E…$401M
End-of-year total assets ($M) among Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

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.)

Sponsor-wide plan assets over time

All Modern Technology Solutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$809M 66.261187699564% vs 2022
2024 filing year
$400M$500M$600M$700M$800M$900M 202220232024 $487M $809M ▲ +66.3%
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 Scatter plot of 6 data points. -200002000400060008000 00.511.5 Total assets ($B) Participants Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.407104271 · Participants: 1962Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.333135639 · Participants: 6515Nvr, Inc. Employee Stock Ownership PlanDelta Star Employee Stock Ownership Plan, Total assets ($B): 0.446814442 · Participants: 222Delta Star Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.385752212 · Participants: 1811The Resorts Companies, Inc. Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.380000537 · Participants: 458New River Electrical Corporation Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.338531143 · Participants: 1759American Systems Corporation Employee Stock Ownership Plan
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's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Allied Mineral Products Employee Stock Ownership Plan in OH ($404M); by covered participants it is Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan in IL (1,960 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,962 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 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 123,622 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).
Which ESOP plans cover a similar participant headcount to Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by covered participants is Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan in IL (1,960 participants, $270M in assets).