Plan5500

Morton Grinding, Inc. 401(K) Plan — Form 5500 plan (Morton Grinding, 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, Morton Grinding, Inc. 401(K) Plan is a benefit plan reported by Morton Grinding, Inc. under EIN 95-2487459 and plan number 001. The latest loaded filing year is 2023. The filing reports 257 participants and $10,758,683 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Morton Grinding, Inc.
EIN
95-2487459
Plan number
001
Plan type
2
Location
Lancaster, CA
Latest filing year
2023
Participants
257
End-of-year plan assets
$10,758,683

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023257H, C20240917163605NAL0003108209001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,758,683
Total liabilities (EOY)
$8,462
Net assets (EOY)
$10,750,221
Net assets (BOY)
$9,888,189

Income & contributions

Employer contributions
$169,684
Participant contributions
$453,340
Total contributions
$623,024
Total income / additions
$1,704,761

Expenses & distributions

Benefits paid
$740,226
Administrative expenses
$12,226
Total expenses
$842,729
Net increase / (decrease)
$862,032

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life Insurance Co. UsaRECORDKEEPER$4,034$02023

Related Form 5500 pages