Modec International 401(k) match, vesting and fees
What Modec International's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock Life Insurance Company | Schedule C ↗ |
| Independent auditor | Bdo USA, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| Modec International: employer contribution per participant | $10,035 | |
| Peer median | $2,411 |
| Modec International: average balance | $341,090 | |
| Peer median | $61,921 |
| Modec International: admin expenses ÷ assets | 0.24% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $123M at the end of plan year 2021 to $129M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 383 | $129M | $3.8M | $10,035 | 0.24% | Not published | Form 5500 ↗ |
| 2023 | 408 | $116M | $3.6M | $8,831 | 0.25% | Not published | Form 5500 ↗ |
| 2022 | 422 | $96.3M | $3.5M | $8,369 | 0.24% | Not published | Form 5500 ↗ |
| 2021 | 458 | $123M | $3.8M | $8,389 | 0.27% | Not published | Form 5500 ↗ |
Common questions
Does Modec International match 401(k) contributions?
The match terms for the Modec International, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $3.8M in employer contributions, about $10,035 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Modec International 401(k) match vested?
The vesting schedule for the Modec International, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Modec International 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Life Insurance Company. The plan administrator is Modec International, Inc..
I left Modec International. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Modec International, Inc., (281) 529-8100) or the recordkeeper, John Hancock Life Insurance Company. The Modec International old 401(k) page lists the contacts from every plan filing. Find an old Modec International 401(k)
Data from the public Form 5500 annual reports Modec International filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Modec International. Not financial advice. Report a correction · Methodology