401(k) · DOL Form 5500 · 2024

Modern Automotive Network, LLC 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
814
Participants Near avg headcount
75th
Percentile by assets National rank
$31,941
Avg per participant Low balance/head
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Official DOL plan name: Modern Automotive Network 401(k) and Profit Sharing Plan · Sponsored by Modern Automotive Network, LLC · North Carolina · Retail Trade

$26M in assets, 814 participants

Modern Automotive Network, LLC's Modern Automotive Network 401(k) and Profit Sharing Plan reported $26M in total assets and 814 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,805 in Retail Trade (8,048 peers)

Where Modern Automotive Network 401(k) and Profit Sharing Plan sits by assets

Modern Automotive Network 401(k) and Profit Sharing Plan sits in the top quartile of all filed plans by assets, $26M for 814 participants (~$31,941/participant), up 5.7% in 2024.

#6,805
in Retail Trade (8,048 peers)
+5.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Modern Automotive Network 401(k) and Profit Sharing Plan's outsized position by total assets

Modern Automotive Network 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$25,999,977 Top 25% higher than 75% 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 Automotive Network 401(k) and Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Modern Automotive Network 401(k) and Profit Sharing Plan sits mid-pack in the medium band (814 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Modern Automotive Network 401(k) and Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Modern Automotive Network 401(k) and Profit Sharing Plan end-of-year assets rose from $25M in the plan year 2023 filing to $26M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 562274042 · Modern Automotive Network, LLC PY 2024 · 401(k)

Modern Automotive Network 401(k) and Profit Sharing Plan · $26M · 814 · 75th

  • BOY $26M
  • BOY 814
  • BOY 75th
  • BOY 401(k)
  • BOY near Capcom Retirement Investment Savings Plan (Crisp)
  • BOY ind #6805

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 Retail Trade retirement plans → · Plans in North Carolina →

Modern Automotive Network 401(k) and Profit Sharing Plan in the asset neighbourhood

Modern Automotive Network 401(k) and Profit Sharing PlanModern Automotive Network 40…$26MCapcom Retirement Investment Savings Plan (Crisp)Capcom Retirement Investment…$26MWhiteboard Federal Technologies Corp 401(k) PlanWhiteboard Federal Technolog…$26MIrr Supply Centers, Inc. 401(k) Profit Sharing Retirement PlanIrr Supply Centers, Inc. 401…$26MHydro-Temp Mechanical, Inc. Retirement Savings PlanHydro-Temp Mechanical, Inc. …$26M
End-of-year total assets ($M) among Modern Automotive Network 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$26M
Net Income$1M
Employer EIN562274042
Plan Effective Date1962-01-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Modern Automotive Network, LLC)

Sponsor-wide plan assets over time

All Modern Automotive Network, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$26M 28.63859281920928% vs 2022
2024 filing year
$18M$20M$22M$24M$26M$28M 202220232024 $20.2M $26M ▲ +28.6%
Year Plans Participants Total Assets
2022 1 842 $20M
2023 1 821 $25M
2024 1 814 $26M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Modern Automotive Network 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Modern Automotive Network 401(k) and Profit Sharing Plan, Total assets ($B): 0.025999977 · Participants: 814Modern Automotive Network 401(k) and Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Modern Automotive Network 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Modern Automotive Network 401(k) and Profit Sharing Plan side-by-side with 3 peers →

Modern Automotive Network 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Capcom Retirement Investment Savings Plan (Crisp) in CA ($26M); by covered participants it is Buckeye Corrugated, Inc. 401(k) Plan and Trust in OH (814 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (814 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 Automotive Network 401(k) and Profit Sharing Plan assets move in 2024? ▼
Modern Automotive Network 401(k) and Profit Sharing Plan grew at a solid clip - up 5.7% during 2024, from $25M to $26M. Reported net income was $1M.
How have Modern Automotive Network, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Modern Automotive Network, LLC's sponsor-wide assets grew 28.6%, from $20M to $26M.
Where does Modern Automotive Network 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Modern Automotive Network 401(k) and Profit Sharing Plan ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Modern Automotive Network 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Capcom Retirement Investment Savings Plan (Crisp) in CA ($26M, 85 participants).
Which 401(k) plans cover a similar participant headcount to Modern Automotive Network 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Buckeye Corrugated, Inc. 401(k) Plan and Trust in OH (814 participants, $55M in assets).

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 562274042.

Read our methodology - how this data is sourced, computed, and verified.

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