Plan Snapshot
- Plan Sponsor: Morphic Medical INC.
- Sponsor EIN: 841621425
- Sponsor Address: PO BOX 51915, BOSTON, MA, 02205
- Plan Type: 401(k)
- Total Participants: 7
- Total Assets: $4.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 7 | $4.6M | $37,713 | $92,388 |
| 2023 | 7 | $3.7M | $35,754 | $75,325 |
| 2022 | 6 | $3.4M | $29,266 | $61,810 |