401(k) · DOL Form 5500 · 2024

Modern Forge Services, LLC 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
511
Participants Below avg headcount
88th
Percentile by assets National rank
$137,765
Avg per participant Near avg balance/head
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Official DOL plan name: Modern Forge Companies Employee Retirement Benefit Plan · Sponsored by Modern Forge Services, LLC · Indiana · Manufacturing

$70M in assets, 511 participants

Modern Forge Services, LLC's Modern Forge Companies Employee Retirement Benefit Plan reported $70M in total assets and 511 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #14,576 in Manufacturing (17,777 peers)

Where Modern Forge Companies Employee Retirement Benefit Plan sits by assets

Modern Forge Companies Employee Retirement Benefit Plan sits in the top quartile of all filed plans by assets, $70M for 511 participants (~$137,765/participant), up 1.9% in 2024.

#14,576
in Manufacturing (17,777 peers)
+1.9%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Modern Forge Companies Employee Retirement Benefit Plan's outsized position by total assets

Modern Forge Companies Employee Retirement Benefit Plan vs every filed plan by assets

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

$70,397,902 Top 12% higher than 88% 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 Forge Companies Employee Retirement Benefit 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 Forge Companies Employee Retirement Benefit Plan sits mid-pack in the medium band (511 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Modern Forge Companies Employee Retirement Benefit Plan reported net income fell from $3M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Modern Forge Companies Employee Retirement Benefit Plan reported participants fell from 574 in the plan year 2023 filing to 511 in the plan year 2024 filing.
  • Modern Forge Companies Employee Retirement Benefit Plan end-of-year assets rose from $69M in the plan year 2023 filing to $70M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 364773498 · Modern Forge Services, LLC PY 2024 · 401(k)

Modern Forge Companies Employee Retirement Benefit Plan · $70M · 511 · 88th

  • EBSA $70M
  • PART 511
  • TYPE 88th
  • NET 401(k)
  • BOOK near Advanced Orthopedics of Oklahoma, PLLC 401(k) Plan
  • VS-ST ind #14576

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 Indiana →

Modern Forge Companies Employee Retirement Benefit Plan in the asset neighbourhood

Modern Forge Companies Employee Retirement Benefit PlanModern Forge Companies Emplo…$70MAdvanced Orthopedics of Oklahoma, PLLC 401(k) PlanAdvanced Orthopedics of Okla…$70MSpellman 401(k) Savings Plan$70MLor, Inc. 401(k) Plan$70MNorwood Medical Employee Savings Plan and TrustNorwood Medical Employee Sav…$70M
End-of-year total assets ($M) among Modern Forge Companies Employee Retirement Benefit Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$69M
Net Assets (End of Year)$70M
Net Income$1M
Employer EIN364773498
Plan Effective Date1950-06-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Modern Forge Services, LLC)

Sponsor-wide plan assets over time

All Modern Forge Services, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$70M 6.791424004745564% vs 2022
2024 filing year
$64M$66M$68M$70M$72M 202220232024 $65.9M $70.4M ▲ +6.8%
Year Plans Participants Total Assets
2022 1 518 $66M
2023 1 574 $69M
2024 1 511 $70M

Nearby 401(k) Plans in Indiana

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

Modern Forge Companies Employee Retirement Benefit Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Modern Forge Companies Employee Retirement Benefit Plan, Total assets ($B): 0.070397902 · Participants: 511Modern Forge Companies Employee Retirement Benefit PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Modern Forge Companies Employee Retirement Benefit Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Modern Forge Companies Employee Retirement Benefit Plan side-by-side with 3 peers →

Modern Forge Companies Employee Retirement Benefit Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Advanced Orthopedics of Oklahoma, PLLC 401(k) Plan in OK ($70M); by covered participants it is Mitchell Plastics 401(k) Plan in AL (511 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($70M here).

Similar participant headcount

Nearest other-state filings by covered participants (511 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 Forge Companies Employee Retirement Benefit Plan assets move in 2024? ▼
Modern Forge Companies Employee Retirement Benefit Plan edged up modestly - up 1.9% during 2024, from $69M to $70M. Reported net income was $1M.
How have Modern Forge Services, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Modern Forge Services, LLC's sponsor-wide assets grew 6.8%, from $66M to $70M.
Where does Modern Forge Companies Employee Retirement Benefit Plan rank by assets among Form 5500 filers? ▼
Modern Forge Companies Employee Retirement Benefit Plan ranks in the 88th 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 Forge Companies Employee Retirement Benefit Plan? ▼
Among 401(k) plans in other states, the closest by assets is Advanced Orthopedics of Oklahoma, PLLC 401(k) Plan in OK ($70M, 206 participants).
Which 401(k) plans cover a similar participant headcount to Modern Forge Companies Employee Retirement Benefit Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mitchell Plastics 401(k) Plan in AL (511 participants, $8M 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 364773498.

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.