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, Modec International, Inc. 401(K) Plan is a benefit plan reported by Modec International, Inc. under EIN 76-0592988 and plan number 001. The latest loaded filing year is 2023. The filing reports 420 participants and $115,788,083 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $115,788,083
- Net assets (EOY)
- $115,788,083
- Net assets (BOY)
- $96,260,072
Income & contributions
- Employer contributions
- $3,558,921
- Participant contributions
- $4,631,576
- Total contributions
- $8,374,697
- Total income / additions
- $26,321,911
Expenses & distributions
- Benefits paid
- $6,468,979
- Administrative expenses
- $262,683
- Total expenses
- $6,793,900
- Net increase / (decrease)
- $19,528,011