Plan5500

Morgan Us Employees' 401(K) Plan — Form 5500 plan (Morganite Industries 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, Morgan Us Employees' 401(K) Plan is a benefit plan reported by Morganite Industries Inc. under EIN 56-1268548 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,972 participants and $266,034,079 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Morganite Industries Inc.
EIN
56-1268548
Plan number
002
Plan type
2
Location
Raleigh, NC
Latest filing year
2023
Participants
2,972
End-of-year plan assets
$266,034,079

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,972H, C20241007130213NAL0016083473001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$266,034,079
Total liabilities (EOY)
$0
Net assets (EOY)
$266,034,079
Net assets (BOY)
$242,649,144

Income & contributions

Employer contributions
$9,244,119
Participant contributions
$10,876,317
Total contributions
$21,085,192
Total income / additions
$55,498,211

Expenses & distributions

Benefits paid
$31,623,439
Administrative expenses
$442,349
Total expenses
$32,113,276
Net increase / (decrease)
$23,384,935

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John HancockRETAINED BY EMPLOYER$328,159$02023
Capfinancial Partners, LLCRETAINED BY EMPLOYER$103,091not reported in the loaded dataset2023
Clifton Larson Allen LlpRETAINED BY EMPLOYER$11,099not reported in the loaded dataset2023

Related Form 5500 pages