401(k) · DOL Form 5500 · 2024

Modern Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
691
Participants Below avg headcount
84th
Percentile by assets National rank
$73,946
Avg per participant Below avg balance/head
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Official DOL plan name: Modern Industries, Inc. 401(k) Retirement Savings Plan · Sponsored by Modern Industries, Inc. · Arizona · Manufacturing

$51M in assets, 691 participants

Modern Industries, Inc.'s Modern Industries, Inc. 401(k) Retirement Savings Plan reported $51M in total assets and 691 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #13,829 in Manufacturing (17,777 peers)

Where Modern Industries, Inc. 401(k) Retirement Savings Plan sits by assets

Modern Industries, Inc. 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $51M for 691 participants (~$73,946/participant), up 13.1% in 2024.

#13,829
in Manufacturing (17,777 peers)
+13.1%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Modern Industries, Inc. 401(k) Retirement Savings Plan's outsized position by total assets

Modern Industries, Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

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

$51,096,473 Top 16% higher than 84% 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 Industries, Inc. 401(k) Retirement Savings 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 Industries, Inc. 401(k) Retirement Savings Plan sits mid-pack in the medium band (691 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Modern Industries, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $45M in the plan year 2023 filing to $51M in the plan year 2024 filing.
  • Modern Industries, Inc. 401(k) Retirement Savings Plan reported net income fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Modern Industries, Inc. 401(k) Retirement Savings Plan reported participants rose from 680 in the plan year 2023 filing to 691 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 860220615 · Modern Industries, Inc. PY 2024 · 401(k)

Modern Industries, Inc. 401(k) Retirement Savings Plan · $51M · 691 · 84th

  • PCT $51M
  • PCT 691
  • PCT 84th
  • PCT 401(k)
  • PCT near Tachi Yokut Tribe Enterprise 401(k) Plan
  • PCT ind #13829

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 Arizona →

Modern Industries, Inc. 401(k) Retirement Savings Plan in the asset neighbourhood

Miller Zell Inc. 401(k) Retirement PlanMiller Zell Inc. 401(k) Reti…$51MModern Industries, Inc. 401(k) Retirement Savings PlanModern Industries, Inc. 401(…$51MTachi Yokut Tribe Enterprise 401(k) PlanTachi Yokut Tribe Enterprise…$51MKyb Americas Corporation 401(k) PlanKyb Americas Corporation 401…$51MW. W. Wallwork, Inc. 401(k) Profit Sharing PlanW. W. Wallwork, Inc. 401(k) …$51M
End-of-year total assets ($M) among Modern Industries, Inc. 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$51M
Net Income$6M
Employer EIN860220615
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Modern Industries, Inc.)

Sponsor-wide plan assets over time

All Modern Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$51M 32.43558358994823% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $38.6M $51.1M ▲ +32.5%
Year Plans Participants Total Assets
2022 1 586 $39M
2023 1 680 $45M
2024 1 691 $51M

Nearby 401(k) Plans in Arizona

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

Modern Industries, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Modern Industries, Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.051096473 · Participants: 691Modern Industries, Inc. 401(k) Retirement Savings PlanBechtel Trust & Thrift Plan, Total assets ($B): 6.067288511 · Participants: 7971Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.918574883 · Participants: 54731Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.670667399 · Participants: 13770Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.666764279 · Participants: 32629Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 2.319061108 · Participants: 11603Stantec 401(k) Plan
Modern Industries, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Modern Industries, Inc. 401(k) Retirement Savings Plan side-by-side with 3 peers →

Modern Industries, Inc. 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Tachi Yokut Tribe Enterprise 401(k) Plan in CA ($51M); by covered participants it is Animal Supply Company LLC 401(k) Retirement Plan in TX (691 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($51M here).

Similar participant headcount

Nearest other-state filings by covered participants (691 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 Industries, Inc. 401(k) Retirement Savings Plan assets move in 2024? ▼
Modern Industries, Inc. 401(k) Retirement Savings Plan grew at a solid clip - up 13.1% during 2024, from $45M to $51M. Reported net income was $6M.
How have Modern Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Modern Industries, Inc.'s sponsor-wide assets grew 32.4%, from $39M to $51M.
Where does Modern Industries, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Modern Industries, Inc. 401(k) Retirement Savings Plan ranks in the 84th 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 Industries, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tachi Yokut Tribe Enterprise 401(k) Plan in CA ($51M, 1,346 participants).
Which 401(k) plans cover a similar participant headcount to Modern Industries, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Animal Supply Company LLC 401(k) Retirement Plan in TX (691 participants, $39M 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 860220615.

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.