2023 Form 5500 filing — Morgan Us Employees' 401(K) 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 20241007130213NAL0016083473001) for Morgan Us Employees' 401(K) Plan, reported by Morganite Industries Inc. under EIN 56-1268548 and plan number 002. It reports 2,972 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007130213NAL0016083473001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Morganite Industries Inc.
- EIN
- 56-1268548
- Plan number
- 002
- Location
- Raleigh, NC
- Participants
- 2,972
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $266,034,079
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $266,034,079
- Employer contributions
- $9,244,119
- Participant contributions
- $10,876,317
- Total income / additions
- $55,498,211
- Benefits paid
- $31,623,439
- Administrative expenses
- $442,349
- Total expenses
- $32,113,276
- Net increase / (decrease)
- $23,384,935
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock | RETAINED BY EMPLOYER | $328,159 | $0 |
| Capfinancial Partners, LLC | RETAINED BY EMPLOYER | $103,091 | not reported in the loaded dataset |
| Clifton Larson Allen Llp | RETAINED BY EMPLOYER | $11,099 | not reported in the loaded dataset |