Modern Industries Inc.
Plan context: Modern Industries Inc. Profit Sharing Plan
EIN 38-1986221 • Flint, MI • 49 filings • 11 plans
Current Snapshot
Latest Year
2024
2024 Participants
23
2024 Assets
$1,718,632
2024 Contributions
$186,530
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 23 | $1,718,632 | $186,530 | $8,110iApproximate average salary by contribution assumption: employee only about $202,750 at 4% or $135,167 at 6%; with 50% employer match about $135,167 at 4% or $90,111 at 6%; with 100% employer match about $101,375 at 4% or $67,583 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 23 | $1,718,632 | $186,530 | $8,110iApproximate average salary by contribution assumption: employee only about $202,750 at 4% or $135,167 at 6%; with 50% employer match about $135,167 at 4% or $90,111 at 6%; with 100% employer match about $101,375 at 4% or $67,583 at 6%. |
| 2023 | 1 | 23 | $1,511,630 | $118,372 | $5,147iApproximate average salary by contribution assumption: employee only about $128,665 at 4% or $85,777 at 6%; with 50% employer match about $85,777 at 4% or $57,185 at 6%; with 100% employer match about $64,333 at 4% or $42,888 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 23 | $1,511,630 | $118,372 | $5,147iApproximate average salary by contribution assumption: employee only about $128,665 at 4% or $85,777 at 6%; with 50% employer match about $85,777 at 4% or $57,185 at 6%; with 100% employer match about $64,333 at 4% or $42,888 at 6%. |
| 2022 | 1 | 18 | $1,142,778 | $112,470 | $6,248iApproximate average salary by contribution assumption: employee only about $156,208 at 4% or $104,139 at 6%; with 50% employer match about $104,139 at 4% or $69,426 at 6%; with 100% employer match about $78,104 at 4% or $52,069 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 18 | $1,142,778 | $112,470 | $6,248iApproximate average salary by contribution assumption: employee only about $156,208 at 4% or $104,139 at 6%; with 50% employer match about $104,139 at 4% or $69,426 at 6%; with 100% employer match about $78,104 at 4% or $52,069 at 6%. |
| 2021 | 1 | 18 | $1,146,556 | $99,238 | $5,513iApproximate average salary by contribution assumption: employee only about $137,831 at 4% or $91,887 at 6%; with 50% employer match about $91,887 at 4% or $61,258 at 6%; with 100% employer match about $68,915 at 4% or $45,944 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 18 | $1,146,556 | $99,238 | $5,513iApproximate average salary by contribution assumption: employee only about $137,831 at 4% or $91,887 at 6%; with 50% employer match about $91,887 at 4% or $61,258 at 6%; with 100% employer match about $68,915 at 4% or $45,944 at 6%. |
| 2020 | 1 | 18 | $1,028,757 | $87,383 | $4,855iApproximate average salary by contribution assumption: employee only about $121,365 at 4% or $80,910 at 6%; with 50% employer match about $80,910 at 4% or $53,940 at 6%; with 100% employer match about $60,683 at 4% or $40,455 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 18 | $1,028,757 | $87,383 | $4,855iApproximate average salary by contribution assumption: employee only about $121,365 at 4% or $80,910 at 6%; with 50% employer match about $80,910 at 4% or $53,940 at 6%; with 100% employer match about $60,683 at 4% or $40,455 at 6%. |
| 2019 | 1 | 18 | $637,970 | $83,019 | $4,612iApproximate average salary by contribution assumption: employee only about $115,304 at 4% or $76,869 at 6%; with 50% employer match about $76,869 at 4% or $51,246 at 6%; with 100% employer match about $57,652 at 4% or $38,435 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 18 | $637,970 | $83,019 | $4,612iApproximate average salary by contribution assumption: employee only about $115,304 at 4% or $76,869 at 6%; with 50% employer match about $76,869 at 4% or $51,246 at 6%; with 100% employer match about $57,652 at 4% or $38,435 at 6%. |
| 2018 | 1 | 19 | $636,311 | $69,801 | $3,674iApproximate average salary by contribution assumption: employee only about $91,843 at 4% or $61,229 at 6%; with 50% employer match about $61,229 at 4% or $40,819 at 6%; with 100% employer match about $45,922 at 4% or $30,614 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 19 | $636,311 | $69,801 | $3,674iApproximate average salary by contribution assumption: employee only about $91,843 at 4% or $61,229 at 6%; with 50% employer match about $61,229 at 4% or $40,819 at 6%; with 100% employer match about $45,922 at 4% or $30,614 at 6%. |
| 2017 | 1 | 18 | $565,943 | $58,432 | $3,246iApproximate average salary by contribution assumption: employee only about $81,156 at 4% or $54,104 at 6%; with 50% employer match about $54,104 at 4% or $36,069 at 6%; with 100% employer match about $40,578 at 4% or $27,052 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 18 | $565,943 | $58,432 | $3,246iApproximate average salary by contribution assumption: employee only about $81,156 at 4% or $54,104 at 6%; with 50% employer match about $54,104 at 4% or $36,069 at 6%; with 100% employer match about $40,578 at 4% or $27,052 at 6%. |
| 2016 | 1 | 16 | $452,095 | $47,977 | $2,999iApproximate average salary by contribution assumption: employee only about $74,964 at 4% or $49,976 at 6%; with 50% employer match about $49,976 at 4% or $33,317 at 6%; with 100% employer match about $37,482 at 4% or $24,988 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 16 | $452,095 | $47,977 | $2,999iApproximate average salary by contribution assumption: employee only about $74,964 at 4% or $49,976 at 6%; with 50% employer match about $49,976 at 4% or $33,317 at 6%; with 100% employer match about $37,482 at 4% or $24,988 at 6%. |
| 2015 | 1 | 15 | $356,680 | $39,750 | $2,650iApproximate average salary by contribution assumption: employee only about $66,250 at 4% or $44,167 at 6%; with 50% employer match about $44,167 at 4% or $29,444 at 6%; with 100% employer match about $33,125 at 4% or $22,083 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 15 | $356,680 | $39,750 | $2,650iApproximate average salary by contribution assumption: employee only about $66,250 at 4% or $44,167 at 6%; with 50% employer match about $44,167 at 4% or $29,444 at 6%; with 100% employer match about $33,125 at 4% or $22,083 at 6%. |
| 2014 | 1 | 7 | $607,950 | $15,000 | $2,143iApproximate average salary by contribution assumption: employee only about $53,571 at 4% or $35,714 at 6%; with 50% employer match about $35,714 at 4% or $23,810 at 6%; with 100% employer match about $26,786 at 4% or $17,857 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 7 | $607,950 | $15,000 | $2,143iApproximate average salary by contribution assumption: employee only about $53,571 at 4% or $35,714 at 6%; with 50% employer match about $35,714 at 4% or $23,810 at 6%; with 100% employer match about $26,786 at 4% or $17,857 at 6%. |
| 2013 | 1 | 8 | $645,726 | $12,450 | $1,556iApproximate average salary by contribution assumption: employee only about $38,906 at 4% or $25,938 at 6%; with 50% employer match about $25,938 at 4% or $17,292 at 6%; with 100% employer match about $19,453 at 4% or $12,969 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 8 | $645,726 | $12,450 | $1,556iApproximate average salary by contribution assumption: employee only about $38,906 at 4% or $25,938 at 6%; with 50% employer match about $25,938 at 4% or $17,292 at 6%; with 100% employer match about $19,453 at 4% or $12,969 at 6%. |
| 2012 | 2 | 9 | $584,798 | $14,340 | $1,593iApproximate average salary by contribution assumption: employee only about $39,833 at 4% or $26,556 at 6%; with 50% employer match about $26,556 at 4% or $17,704 at 6%; with 100% employer match about $19,917 at 4% or $13,278 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 9 | $584,798 | $12,147 | $1,350iApproximate average salary by contribution assumption: employee only about $33,742 at 4% or $22,494 at 6%; with 50% employer match about $22,494 at 4% or $14,996 at 6%; with 100% employer match about $16,871 at 4% or $11,247 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 0 | - | $2,193 | - |
| 2011 | 2 | 10 | $856,219 | $17,706 | $1,771iApproximate average salary by contribution assumption: employee only about $44,265 at 4% or $29,510 at 6%; with 50% employer match about $29,510 at 4% or $19,673 at 6%; with 100% employer match about $22,133 at 4% or $14,755 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 10 | $556,818 | $11,015 | $1,102iApproximate average salary by contribution assumption: employee only about $27,538 at 4% or $18,358 at 6%; with 50% employer match about $18,358 at 4% or $12,239 at 6%; with 100% employer match about $13,769 at 4% or $9,179 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 5 | $299,401 | $6,691 | $1,338iApproximate average salary by contribution assumption: employee only about $33,455 at 4% or $22,303 at 6%; with 50% employer match about $22,303 at 4% or $14,869 at 6%; with 100% employer match about $16,728 at 4% or $11,152 at 6%. |
| 2010 | 2 | 14 | $912,530 | $21,831 | $1,559iApproximate average salary by contribution assumption: employee only about $38,984 at 4% or $25,989 at 6%; with 50% employer match about $25,989 at 4% or $17,326 at 6%; with 100% employer match about $19,492 at 4% or $12,995 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 14 | $629,848 | $14,417 | $1,030iApproximate average salary by contribution assumption: employee only about $25,745 at 4% or $17,163 at 6%; with 50% employer match about $17,163 at 4% or $11,442 at 6%; with 100% employer match about $12,872 at 4% or $8,582 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 5 | $282,682 | $7,414 | $1,483iApproximate average salary by contribution assumption: employee only about $37,070 at 4% or $24,713 at 6%; with 50% employer match about $24,713 at 4% or $16,476 at 6%; with 100% employer match about $18,535 at 4% or $12,357 at 6%. |
| 2009 | 3 | 16 | $1,108,107 | $38,329 | $2,396iApproximate average salary by contribution assumption: employee only about $59,889 at 4% or $39,926 at 6%; with 50% employer match about $39,926 at 4% or $26,617 at 6%; with 100% employer match about $29,945 at 4% or $19,963 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 16 | $666,339 | $22,305 | $1,394iApproximate average salary by contribution assumption: employee only about $34,852 at 4% or $23,234 at 6%; with 50% employer match about $23,234 at 4% or $15,490 at 6%; with 100% employer match about $17,426 at 4% or $11,617 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 5 | $220,884 | $8,012 | $1,602iApproximate average salary by contribution assumption: employee only about $40,060 at 4% or $26,707 at 6%; with 50% employer match about $26,707 at 4% or $17,804 at 6%; with 100% employer match about $20,030 at 4% or $13,353 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 5 | $220,884 | $8,012 | $1,602iApproximate average salary by contribution assumption: employee only about $40,060 at 4% or $26,707 at 6%; with 50% employer match about $26,707 at 4% or $17,804 at 6%; with 100% employer match about $20,030 at 4% or $13,353 at 6%. |
| 2008 | 1 | 5 | $0 | $0 | - |
| Modern Industries Inc. Profit Sharing Plan | - | 5 | - | - | - |
| 2007 | 1 | 6 | $0 | $0 | - |
| Modern Industries Inc. Profit Sharing Plan | - | 6 | - | - | - |
| 2006 | 3 | 17 | $1,407,707 | $161,802 | $9,518iApproximate average salary by contribution assumption: employee only about $237,944 at 4% or $158,629 at 6%; with 50% employer match about $158,629 at 4% or $105,753 at 6%; with 100% employer match about $118,972 at 4% or $79,315 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 17 | $614,558 | $92,989 | $5,470iApproximate average salary by contribution assumption: employee only about $136,749 at 4% or $91,166 at 6%; with 50% employer match about $91,166 at 4% or $60,777 at 6%; with 100% employer match about $68,374 at 4% or $45,583 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 6 | $413,596 | $32,243 | $5,374iApproximate average salary by contribution assumption: employee only about $134,346 at 4% or $89,564 at 6%; with 50% employer match about $89,564 at 4% or $59,709 at 6%; with 100% employer match about $67,173 at 4% or $44,782 at 6%. |
| Modern Industries Inc. Collectively Bargained Plan | - | 12 | $379,553 | $36,570 | $3,048iApproximate average salary by contribution assumption: employee only about $76,188 at 4% or $50,792 at 6%; with 50% employer match about $50,792 at 4% or $33,861 at 6%; with 100% employer match about $38,094 at 4% or $25,396 at 6%. |
| 2005 | 3 | 16 | $1,177,580 | $130,593 | $8,162iApproximate average salary by contribution assumption: employee only about $204,052 at 4% or $136,034 at 6%; with 50% employer match about $136,034 at 4% or $90,690 at 6%; with 100% employer match about $102,026 at 4% or $68,017 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 16 | $478,717 | $79,365 | $4,960iApproximate average salary by contribution assumption: employee only about $124,008 at 4% or $82,672 at 6%; with 50% employer match about $82,672 at 4% or $55,115 at 6%; with 100% employer match about $62,004 at 4% or $41,336 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 6 | $365,304 | $22,994 | $3,832iApproximate average salary by contribution assumption: employee only about $95,808 at 4% or $63,872 at 6%; with 50% employer match about $63,872 at 4% or $42,581 at 6%; with 100% employer match about $47,904 at 4% or $31,936 at 6%. |
| Modern Industries Inc. Collectively Bargained Plan | - | 12 | $333,559 | $28,234 | $2,353iApproximate average salary by contribution assumption: employee only about $58,821 at 4% or $39,214 at 6%; with 50% employer match about $39,214 at 4% or $26,143 at 6%; with 100% employer match about $29,410 at 4% or $19,607 at 6%. |
| 2004 | 3 | 21 | $1,073,018 | $127,212 | $6,058iApproximate average salary by contribution assumption: employee only about $151,443 at 4% or $100,962 at 6%; with 50% employer match about $100,962 at 4% or $67,308 at 6%; with 100% employer match about $75,721 at 4% or $50,481 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 8 | $412,120 | $28,548 | $3,569iApproximate average salary by contribution assumption: employee only about $89,213 at 4% or $59,475 at 6%; with 50% employer match about $59,475 at 4% or $39,650 at 6%; with 100% employer match about $44,606 at 4% or $29,738 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 15 | $369,406 | $76,135 | $5,076iApproximate average salary by contribution assumption: employee only about $126,892 at 4% or $84,594 at 6%; with 50% employer match about $84,594 at 4% or $56,396 at 6%; with 100% employer match about $63,446 at 4% or $42,297 at 6%. |
| Modern Industries Inc. Collectively Bargained Plan | - | 21 | $291,492 | $22,529 | $1,073iApproximate average salary by contribution assumption: employee only about $26,820 at 4% or $17,880 at 6%; with 50% employer match about $17,880 at 4% or $11,920 at 6%; with 100% employer match about $13,410 at 4% or $8,940 at 6%. |
| 2003 | 3 | 15 | $0 | $0 | - |
| Modern Industries Inc. Profit Sharing Plan | - | 8 | - | - | - |
| Modern Industries Inc. Profit Sharing Plan | - | 15 | - | - | - |
| Modern Industries Inc. Collectively Bargained Plan | - | 13 | - | - | - |
| 2002 | 4 | 16 | $0 | $0 | - |
| Modern Industries Inc. Collectively Bargained Plan | - | 16 | - | - | - |
| Modern Industries Inc. Profit Sharing Plan | - | 16 | - | - | - |
| Modern Industries Inc. Money Purchase Pension Plan | - | 0 | - | - | - |
| Modern Industries Inc. Profit Sharing Plan | - | 8 | - | - | - |
| 2001 | 4 | 15 | $0 | $0 | - |
| Modern Industries Inc. Profit Sharing Plan | - | 8 | - | - | - |
| Modern Industries Inc. Money Purchase Pension Plan | - | 8 | - | - | - |
| Modern Industries Inc. Profit Sharing Plan | - | 15 | - | - | - |
| Modern Industries Inc. Collectively Bargained Plan | - | 15 | - | - | - |
| 2000 | 3 | 18 | $0 | $0 | - |
| Modern Industries Inc. Money Purchase Pension Plan | - | 10 | - | - | - |
| Modern Industries Inc. Profit Sharing Plan | - | 18 | - | - | - |
| Modern Industries Inc. Collectively Bargained Plan | - | 15 | - | - | - |
| 1999 | 3 | 17 | $1,642,899 | $109,104 | $6,418iApproximate average salary by contribution assumption: employee only about $160,447 at 4% or $106,965 at 6%; with 50% employer match about $106,965 at 4% or $71,310 at 6%; with 100% employer match about $80,224 at 4% or $53,482 at 6%. |
| Modern Industries Inc. Collectively Bargained Plan | - | 17 | $986,240 | $85,296 | $5,017iApproximate average salary by contribution assumption: employee only about $125,435 at 4% or $83,624 at 6%; with 50% employer match about $83,624 at 4% or $55,749 at 6%; with 100% employer match about $62,718 at 4% or $41,812 at 6%. |
| Modern Industries Inc. Money Purchase Pension Plan | - | 10 | $509,825 | $23,808 | $2,381iApproximate average salary by contribution assumption: employee only about $59,520 at 4% or $39,680 at 6%; with 50% employer match about $39,680 at 4% or $26,453 at 6%; with 100% employer match about $29,760 at 4% or $19,840 at 6%. |
| Modern Industries Inc. Profit Sharing Plan | - | 10 | $146,834 | - | - |