Plan Ledger DOL Form 5500 · updated monthly

Modern Group LTD.401(k)

MODERN GROUP LTD. EMPLOYEE SAVINGS PLAN · BRISTOL, PA · plan year 2023

Reported admin expense ratio · 2023
0.14%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Modern Group LTD. reported $53,869 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $352 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.150%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 942nd-largest of 3,651 plans among Pennsylvania employers on file, and the 1,013th of 4,246 in wholesale trade. In 2023, employees put in $20.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,816,710
Participants with balances413
Active participants252
Employer contributions$88,659
Employee contributions$1,773,500
Employer contribution per active participant$352
Average account balance$98,830
Benefits paid to participants$2,950,523
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.5M · 391 accts · $84K emplr
2023$40.8M · 413 accts · $89K emplr
2022$33.5M · 415 accts · $78K emplr
The Modern Group LTD. 401(k) match · 2023
Employer contribution per active participant$352
Median for plans this size$2,440
2024$362 per active participant
2023$352 per active participant
2022$317 per active participant

Modern Group LTD.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$35,643
VANGUARD ADVISERS INC. · Investment advisory (participants)$18,817

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$60,931 · 0.15%
2023$53,869 · 0.14%
2022$51,016 · 0.15%
All plans at this employer2
MODERN GROUP LTD EMPLOYEE STOCK OWNERSHIP PLANESOP
MODERN GROUP LTD. EMPLOYEE SAVINGS PLAN401(k)
Same employer
Similar plansWholesale Trade · Pennsylvania
Four Seasons Produce, Inc. PA$47.4M · 0.31%
Value Drug Company PA$45.2M · 0.24%
Lift, Inc. PA$41.0M
Aramsco, Inc. PA$40.8M · 0.22%
Hoober, Inc. PA$40.2M · 0.20%
Koa Speer Electronics, Inc. PA$40.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232116893 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.