Modern Group 401(k) match, vesting and fees
What Modern Group'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 | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Kreischer Miller (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 3,074 defined-contribution plans in wholesale trade with 100 to 499 participants.
| Modern Group: employer contribution per participant | $216 | |
| Peer median | $1,988 |
| Modern Group: average balance | $103,589 | |
| Peer median | $75,431 |
| Modern Group: admin expenses ÷ assets | 0.15% | |
| Peer median | 0.31% |
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 $32.9M at the end of plan year 2021 to $40.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 406 | $40.5M | $84K | $216 | 0.15% | Not published | Form 5500 ↗ |
| 2023 | 426 | $40.8M | $89K | $215 | 0.14% | Not published | Form 5500 ↗ |
| 2022 | 430 | $33.5M | $78K | $187 | 0.15% | Not published | Form 5500 ↗ |
| 2021 | 449 | $32.9M | $76K | $171 | 0.14% | Not published | Form 5500 ↗ |
Other Modern Group plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Modern Group Ltd. Employee Stock Ownership Plan
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.
| Independent auditor | Kmco Cpas LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
Common questions
Does Modern Group match 401(k) contributions?
The match terms for the Modern Group Ltd. Employee Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $84K in employer contributions, about $216 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Modern Group 401(k) match vested?
The vesting schedule for the Modern Group Ltd. Employee Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Modern Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Investment and Advisory Committee.
I left Modern Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Investment and Advisory Committee, (215) 943-9100) or the recordkeeper, The Vanguard Group, Inc.. The Modern Group old 401(k) page lists the contacts from every plan filing. Find an old Modern Group 401(k)
Data from the public Form 5500 annual reports Modern Group 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 Modern Group. Not financial advice. Report a correction · Methodology