Modern Group Ltd. Employee Savings Plan — Form 5500 plan (Modern Group Ltd.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Modern Group Ltd. Employee Savings Plan is a benefit plan reported by Modern Group Ltd. under EIN 23-2116893 and plan number 002. The latest loaded filing year is 2023. The filing reports 430 participants and $40,816,710 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Modern Group Ltd.
- EIN
- 23-2116893
- Plan number
- 002
- Plan type
- 2
- Location
- Bristol, PA
- Latest filing year
- 2023
- Participants
- 430
- End-of-year plan assets
- $40,816,710
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 430 | H, C | 20250729134526NAL0007667810001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $40,816,710
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $40,816,710
- Net assets (BOY)
- $33,500,406
Income & contributions
- Employer contributions
- $88,659
- Participant contributions
- $1,773,500
- Total contributions
- $2,143,954
- Total income / additions
- $10,320,696
Expenses & distributions
- Benefits paid
- $2,950,523
- Administrative expenses
- $53,869
- Total expenses
- $3,004,392
- Net increase / (decrease)
- $7,316,304
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $35,643 | $0 | 2023 |
| Vanguard Advisers Inc. | NONE | $18,817 | not reported in the loaded dataset | 2023 |