401(k)
2024 plan-year 401(k) DOL Form 5500

Modern Technology Solutions, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Modern Technology Solutions Inc · Virginia · Professional & Technical Services

What the 2023 filing shows

Modern Technology Solutions, Inc. 401(k) Plan holds $402M for 1,974 participants — about $203,736 per participant, up 24.0% over the 2024 plan year.

$402M
total plan assets (2024 EOY)
1,974
covered participants
$203,736
avg assets per participant
+24.0%
assets growth YoY
Total Assets (2023)
$402M
Participants
1,974
State
Industry
Professional & Technical Services

What the Filing Says About Modern Technology Solutions, Inc. 401(k) Plan

Modern Technology Solutions, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Modern Technology Solutions Inc, headquartered in Virginia. As of the 2024 Form 5500 filing, the plan reports $402M in total end-of-year assets and covers 1,974 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 541670018, and the plan has been effective since 1994-08-16. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $324M at the beginning of 2024 to $402M at year-end — a gain of 24.0%. Net assets (after liabilities) closed the year at $402M, with reported net income of $78M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$324M
Total Assets (End of Year)$402M
Net Assets (End of Year)$402M
Net Income$78M
Plan Type401(k)
Employer EIN541670018
Plan Effective Date1994-08-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Modern Technology Solutions Inc)

Year Plans Participants Total Assets
2022 2 3,022 $487M
2023 2 3,311 $646M
2024 2 3,936 $809M

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Frequently Asked Questions

How much money is in the Modern Technology Solutions, Inc. 401(k) Plan?
As of the 2024 Form 5500 filing, Modern Technology Solutions, Inc. 401(k) Plan holds $402M in total assets with 1,974 participants. It is sponsored by Modern Technology Solutions Inc.
What type of plan is Modern Technology Solutions, Inc. 401(k) Plan?
Modern Technology Solutions, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1994-08-16. The plan is filed with the U.S. Department of Labor under EIN 541670018.
Who sponsors the Modern Technology Solutions, Inc. 401(k) Plan?
Modern Technology Solutions, Inc. 401(k) Plan is sponsored by Modern Technology Solutions Inc, located in Virginia. The sponsor's EIN is 541670018 and the plan operates in the Professional & Technical Services industry.
How did Modern Technology Solutions, Inc. 401(k) Plan perform in 2024?
Modern Technology Solutions, Inc. 401(k) Plan grew by 24.0% during 2024, moving from $324M to $402M in total assets. Net income was $78M.
Where can I find official filings for Modern Technology Solutions, Inc. 401(k) Plan?
Official Form 5500 filings for Modern Technology Solutions, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541670018 or plan name at efast.dol.gov.
How does Modern Technology Solutions, Inc. 401(k) Plan compare to other plans?
You can compare Modern Technology Solutions, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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