Morley Companies, Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Morley Companies, Inc.)

Plain-English plan 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, Morley Companies, Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Morley Companies, Inc. under EIN 38-2687736 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,164 participants and $40,389,454 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Morley Companies, Inc.
EIN
38-2687736
Plan number
001
Plan type
2
Location
Saginaw, MI
Latest filing year
2023
Participants
2,164
End-of-year plan assets
$40,389,454

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,164H, C20240726100239NAL0015258273001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$40,389,454
Total liabilities (EOY)
$62,105
Net assets (EOY)
$40,327,349
Net assets (BOY)
$33,217,718

Income & contributions

Employer contributions
$846,271
Participant contributions
$2,547,313
Total contributions
$3,538,436
Total income / additions
$9,446,460

Expenses & distributions

Benefits paid
$2,311,434
Administrative expenses
$25,395
Total expenses
$2,336,829
Net increase / (decrease)
$7,109,631

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.RECORDKEEPER$23,480$02023

Related Form 5500 pages