401(k) · DOL Form 5500 · 2024

Modern Method Gunite, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
224
Participants Below avg headcount
72nd
Percentile by assets National rank
$97,576
Avg per participant Below avg balance/head
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Official DOL plan name: Modern Method Gunite, Inc. 401(k) Profit Sharing Plan · Sponsored by Modern Method Gunite, Inc. · Texas · Manufacturing

$22M in assets, 224 participants

Modern Method Gunite, Inc.'s Modern Method Gunite, Inc. 401(k) Profit Sharing Plan reported $22M in total assets and 224 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #11,003 in Manufacturing (17,777 peers)

Coverage in Texas

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan covers 224 participants in Texas, about 33% of the average Texas filer (state average ~688 per filing). Assets: $22M.

#11,003
in Manufacturing (17,777 peers)
+10.1%
assets growth YoY

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$21,856,977 Top 28% higher than 72% 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 Method Gunite, Inc. 401(k) 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 Method Gunite, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (224 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Modern Method Gunite, Inc. 401(k) Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Modern Method Gunite, Inc. 401(k) Profit Sharing Plan reported participants rose from 199 in the plan year 2023 filing to 224 in the plan year 2024 filing.
  • Modern Method Gunite, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $20M in the plan year 2023 filing to $22M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 760008170 · Modern Method Gunite, Inc. PY 2024 · 401(k)

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan · $22M · 224 · 72nd

  • PCT $22M
  • PCT 224
  • PCT 72nd
  • PCT 401(k)
  • PCT near Arizona Pulmonary Specialists, Ltd. Savings Plan
  • PCT ind #11003

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 Texas →

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Modern Method Gunite, Inc. 401(k) Profit Sharing PlanModern Method Gunite, Inc. 4…$22MArizona Pulmonary Specialists, Ltd. Savings PlanArizona Pulmonary Specialist…$22MFourth Retirement Savings PlanFourth Retirement Savings Pl…$22MWest Gate Bank Profit Sharing 401(k) PlanWest Gate Bank Profit Sharin…$22MTunnell Companies, L.P. 401(k) Profit Sharing PlanTunnell Companies, L.P. 401(…$22M
End-of-year total assets ($M) among Modern Method Gunite, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$22M
Net Income$2M
Employer EIN760008170
Plan Effective Date1995-12-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Modern Method Gunite, Inc.)

Sponsor-wide plan assets over time

All Modern Method Gunite, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 34.19175338406761% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $16.3M $21.9M ▲ +34.2%
Year Plans Participants Total Assets
2022 1 223 $16M
2023 1 199 $20M
2024 1 224 $22M

Nearby 401(k) Plans in Texas

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

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Modern Method Gunite, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.021856977 · Participants: 224Modern Method Gunite, Inc. 401(k) Profit Sharing PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Modern Method Gunite, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Modern Method Gunite, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Modern Method Gunite, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Arizona Pulmonary Specialists, Ltd. Savings Plan in AZ ($22M); by covered participants it is Ideal Ready Mix Company 401(k) Plan in IA (224 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (224 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 Method Gunite, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Modern Method Gunite, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 10.1% during 2024, from $20M to $22M. Reported net income was $2M.
How have Modern Method Gunite, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Modern Method Gunite, Inc.'s sponsor-wide assets grew 34.2%, from $16M to $22M.
Which 401(k) plans are similar in size to Modern Method Gunite, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Arizona Pulmonary Specialists, Ltd. Savings Plan in AZ ($22M, 83 participants).
Which 401(k) plans cover a similar participant headcount to Modern Method Gunite, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ideal Ready Mix Company 401(k) Plan in IA (224 participants, N/A 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 760008170.

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.