Civic Intelligence

Modern Finance Company

Plan context: Modern Finance Company Profit Sharing Plan

EIN 95-1789082 • Sherman Oaks, CA • 36 filings • 2 plans

15315 Magnolia BoulevardSuite 128Sherman Oaks, CA 91403-1173
Current Snapshot

Latest Year

2024

2024 Participants

22

2024 Assets

$15,116,130

2024 Contributions

$168,648

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$16,326,779$8,163,390$0199920112023YearValue
$15,116,130Latest year 2023

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

25130199920112023YearValue
22Latest year 2023

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 / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202420$0$0-
Modern Finance Company Cash Balance Plan-0$0$0-
Modern Finance Company Profit Sharing Plan-0$0$0-
2023222$15,116,130$168,648$7,666iApproximate average salary by contribution assumption: employee only about $191,645 at 4% or $127,764 at 6%; with 50% employer match about $127,764 at 4% or $85,176 at 6%; with 100% employer match about $95,823 at 4% or $63,882 at 6%.
Modern Finance Company Profit Sharing Plan-22$11,957,545$128,489$5,840iApproximate average salary by contribution assumption: employee only about $146,010 at 4% or $97,340 at 6%; with 50% employer match about $97,340 at 4% or $64,893 at 6%; with 100% employer match about $73,005 at 4% or $48,670 at 6%.
Modern Finance Company Cash Balance Plan-20$3,158,585$40,159$2,008iApproximate average salary by contribution assumption: employee only about $50,199 at 4% or $33,466 at 6%; with 50% employer match about $33,466 at 4% or $22,311 at 6%; with 100% employer match about $25,099 at 4% or $16,733 at 6%.
2022221$12,927,150$469,964$22,379iApproximate average salary by contribution assumption: employee only about $559,481 at 4% or $372,987 at 6%; with 50% employer match about $372,987 at 4% or $248,658 at 6%; with 100% employer match about $279,740 at 4% or $186,494 at 6%.
Modern Finance Company Profit Sharing Plan-21$10,227,655$60,491$2,881iApproximate average salary by contribution assumption: employee only about $72,013 at 4% or $48,009 at 6%; with 50% employer match about $48,009 at 4% or $32,006 at 6%; with 100% employer match about $36,007 at 4% or $24,004 at 6%.
Modern Finance Company Cash Balance Plan-20$2,699,495$409,473$20,474iApproximate average salary by contribution assumption: employee only about $511,841 at 4% or $341,228 at 6%; with 50% employer match about $341,228 at 4% or $227,485 at 6%; with 100% employer match about $255,921 at 4% or $170,614 at 6%.
2021222$16,326,779$136,439$6,202iApproximate average salary by contribution assumption: employee only about $155,044 at 4% or $103,363 at 6%; with 50% employer match about $103,363 at 4% or $68,909 at 6%; with 100% employer match about $77,522 at 4% or $51,681 at 6%.
Modern Finance Company Profit Sharing Plan-22$13,395,706$136,439$6,202iApproximate average salary by contribution assumption: employee only about $155,044 at 4% or $103,363 at 6%; with 50% employer match about $103,363 at 4% or $68,909 at 6%; with 100% employer match about $77,522 at 4% or $51,681 at 6%.
Modern Finance Company Cash Balance Plan-21$2,931,073$0-
2020223$14,059,690$310,759$13,511iApproximate average salary by contribution assumption: employee only about $337,782 at 4% or $225,188 at 6%; with 50% employer match about $225,188 at 4% or $150,125 at 6%; with 100% employer match about $168,891 at 4% or $112,594 at 6%.
Modern Finance Company Profit Sharing Plan-23$11,472,526$178,359$7,755iApproximate average salary by contribution assumption: employee only about $193,868 at 4% or $129,246 at 6%; with 50% employer match about $129,246 at 4% or $86,164 at 6%; with 100% employer match about $96,934 at 4% or $64,623 at 6%.
Modern Finance Company Cash Balance Plan-21$2,587,164$132,400$6,305iApproximate average salary by contribution assumption: employee only about $157,619 at 4% or $105,079 at 6%; with 50% employer match about $105,079 at 4% or $70,053 at 6%; with 100% employer match about $78,810 at 4% or $52,540 at 6%.
2019223$11,422,206$305,362$13,277iApproximate average salary by contribution assumption: employee only about $331,915 at 4% or $221,277 at 6%; with 50% employer match about $221,277 at 4% or $147,518 at 6%; with 100% employer match about $165,958 at 4% or $110,638 at 6%.
Modern Finance Company Profit Sharing Plan-23$9,251,157$175,122$7,614iApproximate average salary by contribution assumption: employee only about $190,350 at 4% or $126,900 at 6%; with 50% employer match about $126,900 at 4% or $84,600 at 6%; with 100% employer match about $95,175 at 4% or $63,450 at 6%.
Modern Finance Company Cash Balance Plan-21$2,171,049$130,240$6,202iApproximate average salary by contribution assumption: employee only about $155,048 at 4% or $103,365 at 6%; with 50% employer match about $103,365 at 4% or $68,910 at 6%; with 100% employer match about $77,524 at 4% or $51,683 at 6%.
2018223$9,173,570$405,027$17,610iApproximate average salary by contribution assumption: employee only about $440,247 at 4% or $293,498 at 6%; with 50% employer match about $293,498 at 4% or $195,665 at 6%; with 100% employer match about $220,123 at 4% or $146,749 at 6%.
Modern Finance Company Profit Sharing Plan-23$7,463,815$173,577$7,547iApproximate average salary by contribution assumption: employee only about $188,671 at 4% or $125,780 at 6%; with 50% employer match about $125,780 at 4% or $83,854 at 6%; with 100% employer match about $94,335 at 4% or $62,890 at 6%.
Modern Finance Company Cash Balance Plan-22$1,709,755$231,450$10,520iApproximate average salary by contribution assumption: employee only about $263,011 at 4% or $175,341 at 6%; with 50% employer match about $175,341 at 4% or $116,894 at 6%; with 100% employer match about $131,506 at 4% or $87,670 at 6%.
2017225$9,431,838$925,158$37,006iApproximate average salary by contribution assumption: employee only about $925,158 at 4% or $616,772 at 6%; with 50% employer match about $616,772 at 4% or $411,181 at 6%; with 100% employer match about $462,579 at 4% or $308,386 at 6%.
Modern Finance Company Profit Sharing Plan-25$7,749,329$173,056$6,922iApproximate average salary by contribution assumption: employee only about $173,056 at 4% or $115,371 at 6%; with 50% employer match about $115,371 at 4% or $76,914 at 6%; with 100% employer match about $86,528 at 4% or $57,685 at 6%.
Modern Finance Company Cash Balance Plan-23$1,682,509$752,102$32,700iApproximate average salary by contribution assumption: employee only about $817,502 at 4% or $545,001 at 6%; with 50% employer match about $545,001 at 4% or $363,334 at 6%; with 100% employer match about $408,751 at 4% or $272,501 at 6%.
2016223$7,082,839$586,436$25,497iApproximate average salary by contribution assumption: employee only about $637,430 at 4% or $424,954 at 6%; with 50% employer match about $424,954 at 4% or $283,302 at 6%; with 100% employer match about $318,715 at 4% or $212,477 at 6%.
Modern Finance Company Profit Sharing Plan-23$6,249,488$177,536$7,719iApproximate average salary by contribution assumption: employee only about $192,974 at 4% or $128,649 at 6%; with 50% employer match about $128,649 at 4% or $85,766 at 6%; with 100% employer match about $96,487 at 4% or $64,325 at 6%.
Modern Finance Company Cash Balance Plan-21$833,351$408,900$19,471iApproximate average salary by contribution assumption: employee only about $486,786 at 4% or $324,524 at 6%; with 50% employer match about $324,524 at 4% or $216,349 at 6%; with 100% employer match about $243,393 at 4% or $162,262 at 6%.
2015223$6,501,549$588,889$25,604iApproximate average salary by contribution assumption: employee only about $640,097 at 4% or $426,731 at 6%; with 50% employer match about $426,731 at 4% or $284,487 at 6%; with 100% employer match about $320,048 at 4% or $213,366 at 6%.
Modern Finance Company Profit Sharing Plan-23$6,090,385$177,725$7,727iApproximate average salary by contribution assumption: employee only about $193,179 at 4% or $128,786 at 6%; with 50% employer match about $128,786 at 4% or $85,857 at 6%; with 100% employer match about $96,590 at 4% or $64,393 at 6%.
Modern Finance Company Cash Balance Plan-22$411,164$411,164$18,689iApproximate average salary by contribution assumption: employee only about $467,232 at 4% or $311,488 at 6%; with 50% employer match about $311,488 at 4% or $207,659 at 6%; with 100% employer match about $233,616 at 4% or $155,744 at 6%.
2014124$5,856,598$153,980$6,416iApproximate average salary by contribution assumption: employee only about $160,396 at 4% or $106,931 at 6%; with 50% employer match about $106,931 at 4% or $71,287 at 6%; with 100% employer match about $80,198 at 4% or $53,465 at 6%.
Modern Finance Company Profit Sharing Plan-24$5,856,598$153,980$6,416iApproximate average salary by contribution assumption: employee only about $160,396 at 4% or $106,931 at 6%; with 50% employer match about $106,931 at 4% or $71,287 at 6%; with 100% employer match about $80,198 at 4% or $53,465 at 6%.
2013122$5,542,356$145,927$6,633iApproximate average salary by contribution assumption: employee only about $165,826 at 4% or $110,551 at 6%; with 50% employer match about $110,551 at 4% or $73,701 at 6%; with 100% employer match about $82,913 at 4% or $55,275 at 6%.
Modern Finance Company Profit Sharing Plan-22$5,542,356$145,927$6,633iApproximate average salary by contribution assumption: employee only about $165,826 at 4% or $110,551 at 6%; with 50% employer match about $110,551 at 4% or $73,701 at 6%; with 100% employer match about $82,913 at 4% or $55,275 at 6%.
2012121$4,472,143$140,870$6,708iApproximate average salary by contribution assumption: employee only about $167,702 at 4% or $111,802 at 6%; with 50% employer match about $111,802 at 4% or $74,534 at 6%; with 100% employer match about $83,851 at 4% or $55,901 at 6%.
Modern Finance Company Profit Sharing Plan-21$4,472,143$140,870$6,708iApproximate average salary by contribution assumption: employee only about $167,702 at 4% or $111,802 at 6%; with 50% employer match about $111,802 at 4% or $74,534 at 6%; with 100% employer match about $83,851 at 4% or $55,901 at 6%.
2011122$4,191,159$97,856$4,448iApproximate average salary by contribution assumption: employee only about $111,200 at 4% or $74,133 at 6%; with 50% employer match about $74,133 at 4% or $49,422 at 6%; with 100% employer match about $55,600 at 4% or $37,067 at 6%.
Modern Finance Company Profit Sharing Plan-22$4,191,159$97,856$4,448iApproximate average salary by contribution assumption: employee only about $111,200 at 4% or $74,133 at 6%; with 50% employer match about $74,133 at 4% or $49,422 at 6%; with 100% employer match about $55,600 at 4% or $37,067 at 6%.
2010122$4,222,109$96,077$4,367iApproximate average salary by contribution assumption: employee only about $109,178 at 4% or $72,786 at 6%; with 50% employer match about $72,786 at 4% or $48,524 at 6%; with 100% employer match about $54,589 at 4% or $36,393 at 6%.
Modern Finance Company Profit Sharing Plan-22$4,222,109$96,077$4,367iApproximate average salary by contribution assumption: employee only about $109,178 at 4% or $72,786 at 6%; with 50% employer match about $72,786 at 4% or $48,524 at 6%; with 100% employer match about $54,589 at 4% or $36,393 at 6%.
2009121$3,837,342$0-
Modern Finance Company Profit Sharing Plan-21$3,837,342$0-
2008120$3,475,954$94,808$4,740iApproximate average salary by contribution assumption: employee only about $118,510 at 4% or $79,007 at 6%; with 50% employer match about $79,007 at 4% or $52,671 at 6%; with 100% employer match about $59,255 at 4% or $39,503 at 6%.
Modern Finance Company Profit Sharing Plan-20$3,475,954$94,808$4,740iApproximate average salary by contribution assumption: employee only about $118,510 at 4% or $79,007 at 6%; with 50% employer match about $79,007 at 4% or $52,671 at 6%; with 100% employer match about $59,255 at 4% or $39,503 at 6%.
2007116$3,610,967$86,886$5,430iApproximate average salary by contribution assumption: employee only about $135,759 at 4% or $90,506 at 6%; with 50% employer match about $90,506 at 4% or $60,338 at 6%; with 100% employer match about $67,880 at 4% or $45,253 at 6%.
Modern Finance Company Profit Sharing Plan-16$3,610,967$86,886$5,430iApproximate average salary by contribution assumption: employee only about $135,759 at 4% or $90,506 at 6%; with 50% employer match about $90,506 at 4% or $60,338 at 6%; with 100% employer match about $67,880 at 4% or $45,253 at 6%.
2006114$3,423,426$77,950$5,568iApproximate average salary by contribution assumption: employee only about $139,196 at 4% or $92,798 at 6%; with 50% employer match about $92,798 at 4% or $61,865 at 6%; with 100% employer match about $69,598 at 4% or $46,399 at 6%.
Modern Finance Company Profit Sharing Plan-14$3,423,426$77,950$5,568iApproximate average salary by contribution assumption: employee only about $139,196 at 4% or $92,798 at 6%; with 50% employer match about $92,798 at 4% or $61,865 at 6%; with 100% employer match about $69,598 at 4% or $46,399 at 6%.
2005113$3,294,119$113,165$8,705iApproximate average salary by contribution assumption: employee only about $217,625 at 4% or $145,083 at 6%; with 50% employer match about $145,083 at 4% or $96,722 at 6%; with 100% employer match about $108,813 at 4% or $72,542 at 6%.
Modern Finance Company Profit Sharing Plan-13$3,294,119$113,165$8,705iApproximate average salary by contribution assumption: employee only about $217,625 at 4% or $145,083 at 6%; with 50% employer match about $145,083 at 4% or $96,722 at 6%; with 100% employer match about $108,813 at 4% or $72,542 at 6%.
2004114$3,186,578$114,290$8,164iApproximate average salary by contribution assumption: employee only about $204,089 at 4% or $136,060 at 6%; with 50% employer match about $136,060 at 4% or $90,706 at 6%; with 100% employer match about $102,045 at 4% or $68,030 at 6%.
Modern Finance Company Profit Sharing Plan-14$3,186,578$114,290$8,164iApproximate average salary by contribution assumption: employee only about $204,089 at 4% or $136,060 at 6%; with 50% employer match about $136,060 at 4% or $90,706 at 6%; with 100% employer match about $102,045 at 4% or $68,030 at 6%.
2003114$3,010,574$110,794$7,914iApproximate average salary by contribution assumption: employee only about $197,846 at 4% or $131,898 at 6%; with 50% employer match about $131,898 at 4% or $87,932 at 6%; with 100% employer match about $98,923 at 4% or $65,949 at 6%.
Modern Finance Company Profit Sharing Plan-14$3,010,574$110,794$7,914iApproximate average salary by contribution assumption: employee only about $197,846 at 4% or $131,898 at 6%; with 50% employer match about $131,898 at 4% or $87,932 at 6%; with 100% employer match about $98,923 at 4% or $65,949 at 6%.
2002114$2,722,901$110,000$7,857iApproximate average salary by contribution assumption: employee only about $196,429 at 4% or $130,952 at 6%; with 50% employer match about $130,952 at 4% or $87,302 at 6%; with 100% employer match about $98,214 at 4% or $65,476 at 6%.
Modern Finance Company Profit Sharing Plan-14$2,722,901$110,000$7,857iApproximate average salary by contribution assumption: employee only about $196,429 at 4% or $130,952 at 6%; with 50% employer match about $130,952 at 4% or $87,302 at 6%; with 100% employer match about $98,214 at 4% or $65,476 at 6%.
2001114$2,823,442$108,762$7,769iApproximate average salary by contribution assumption: employee only about $194,218 at 4% or $129,479 at 6%; with 50% employer match about $129,479 at 4% or $86,319 at 6%; with 100% employer match about $97,109 at 4% or $64,739 at 6%.
Modern Finance Company Profit Sharing Plan-14$2,823,442$108,762$7,769iApproximate average salary by contribution assumption: employee only about $194,218 at 4% or $129,479 at 6%; with 50% employer match about $129,479 at 4% or $86,319 at 6%; with 100% employer match about $97,109 at 4% or $64,739 at 6%.
2000111$3,039,846$110,970$10,088iApproximate average salary by contribution assumption: employee only about $252,205 at 4% or $168,136 at 6%; with 50% employer match about $168,136 at 4% or $112,091 at 6%; with 100% employer match about $126,102 at 4% or $84,068 at 6%.
Modern Finance Company Profit Sharing Plan-11$3,039,846$110,970$10,088iApproximate average salary by contribution assumption: employee only about $252,205 at 4% or $168,136 at 6%; with 50% employer match about $168,136 at 4% or $112,091 at 6%; with 100% employer match about $126,102 at 4% or $84,068 at 6%.
1999112$3,340,004$105,948$8,829iApproximate average salary by contribution assumption: employee only about $220,725 at 4% or $147,150 at 6%; with 50% employer match about $147,150 at 4% or $98,100 at 6%; with 100% employer match about $110,363 at 4% or $73,575 at 6%.
Modern Finance Company Profit Sharing Plan-12$3,340,004$105,948$8,829iApproximate average salary by contribution assumption: employee only about $220,725 at 4% or $147,150 at 6%; with 50% employer match about $147,150 at 4% or $98,100 at 6%; with 100% employer match about $110,363 at 4% or $73,575 at 6%.