Modern Technology Solutions, Inc. 401(K) Plan — Form 5500 plan (Modern Technology Solutions Inc)
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 Technology Solutions, Inc. 401(K) Plan is a benefit plan reported by Modern Technology Solutions Inc under EIN 54-1670018 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,012 participants and $324,272,381 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Modern Technology Solutions Inc
- EIN
- 54-1670018
- Plan number
- 001
- Plan type
- 2
- Location
- Alexandria, VA
- Latest filing year
- 2023
- Participants
- 2,012
- End-of-year plan assets
- $324,272,381
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,012 | H, C | 20240731081636NAL0021918737001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $324,272,381
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $324,272,381
- Net assets (BOY)
- $251,448,691
Income & contributions
- Employer contributions
- $12,910,008
- Participant contributions
- $24,879,676
- Total contributions
- $48,518,582
- Total income / additions
- $94,008,232
Expenses & distributions
- Benefits paid
- $21,299,560
- Administrative expenses
- $417,537
- Total expenses
- $21,721,563
- Net increase / (decrease)
- $72,286,669
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $416,964 | $0 | 2023 |
| Lincoln Financial Advisors Corporat | OTHER SERVICES | $0 | $166,870 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Modern Technology Solutions Inc
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Alexandria, VA
- Principal Life Insurance Company — Schedule C compensation
- Lincoln Financial Advisors Corporat — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation