2023 Form 5500 filing — Morgan Foods, Inc. Employees Profit Sharing 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 20241015163950NAL0016893459001) for Morgan Foods, Inc. Employees Profit Sharing Plan, reported by Morgan Foods, Inc. under EIN 35-0852905 and plan number 003. It reports 257 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)$38.4MReported net assets$38,368,137
Participants257
Provider compensation$4.7K1 Schedule C row(s)$4,749
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015163950NAL0016893459001
Plan sponsor
Morgan Foods, Inc.
EIN
35-0852905
Plan number
003
Location
Austin, IN
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)$38.4M total assets
Net assets$38.4MLiabilities$0
Money in vs. money out
Total income / additions$8.9M
Total expenses$3.8M
Benefits paid / distributions$3.6M
Contributions
Employer$1.9M
Participant$1.2M
Full reported line items
Total assets (EOY)
$38,368,137
Total liabilities (EOY)
$0
Net assets (EOY)
$38,368,137
Employer contributions
$1,937,616
Participant contributions
$1,210,709
Total income / additions
$8,918,939
Benefits paid
$3,631,192
Administrative expenses
$135,221
Total expenses
$3,766,413
Net increase / (decrease)
$5,152,526

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$4,749$0

Related Form 5500 pages