Modern Transportation Services, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Modern Transportation Services, 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 Transportation Services, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Modern Transportation Services, Inc. under EIN 25-1544945 and plan number 001. The latest loaded filing year is 2023. The filing reports 415 participants and $5,371,824 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Modern Transportation Services, Inc.
- EIN
- 25-1544945
- Plan number
- 001
- Plan type
- 2
- Location
- Coraopolis, PA
- Latest filing year
- 2023
- Participants
- 415
- End-of-year plan assets
- $5,371,824
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 415 | H, C | 20241015100349NAL0016108131001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,371,824
- Total liabilities (EOY)
- $9,179
- Net assets (EOY)
- $5,362,645
- Net assets (BOY)
- $4,951,998
Income & contributions
- Employer contributions
- $335,578
- Participant contributions
- $620,965
- Total contributions
- $1,000,915
- Total income / additions
- $1,763,013
Expenses & distributions
- Benefits paid
- $1,301,871
- Administrative expenses
- $38,802
- Total expenses
- $1,352,366
- Net increase / (decrease)
- $410,647
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $14,517 | not reported in the loaded dataset | 2023 |
| Metro Benefits, Inc. | CONTRACT ADMIN | $13,634 | not reported in the loaded dataset | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $12,219 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MANAGER | $5,874 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Modern Transportation Services, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Coraopolis, PA
- Empower Annuity Insurance Company — Schedule C compensation
- Metro Benefits, Inc. — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation