2023 Form 5500 filing — Morley Builders, Inc. Employee Stock Ownership Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241001175542NAL0007580593001) for Morley Builders, Inc. Employee Stock Ownership Plan, reported by Morley Builders, Inc. under EIN 95-3920697 and plan number 108. It reports 209 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$52MReported net assets$51,994,363
Participants209
Provider compensation$251 Schedule C row(s)
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241001175542NAL0007580593001
- Plan sponsor
- Morley Builders, Inc.
- EIN
- 95-3920697
- Plan number
- 108
- Location
- Santa Monica, CA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$71.6M total assets
Net assets$52MLiabilities$19.6M
Full reported line items
- Total assets (EOY)
- $71,568,918
- Total liabilities (EOY)
- $19,574,555
- Net assets (EOY)
- $51,994,363
- Employer contributions
- $1,660,954
- Total income / additions
- $5,040,513
- Benefits paid
- $3,762,213
- Administrative expenses
- $25
- Total expenses
- $4,417,823
- Net increase / (decrease)
- $622,690
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $25 | $0 |