Plan Snapshot
- Plan Sponsor: Morae Global Corporation
- Sponsor EIN: 260562318
- Sponsor Address: 811 LOUISIANA STREET, HOUSTON, TX, 77002
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $12.8M
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 | 144 | $12.8M | $752,400 | $1.4M |
| 2023 | 158 | $11.1M | $753,077 | $1.4M |
| 2022 | 197 | $7.9M | $794,799 | $1.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MCCULLOUGH ROSSI & COMPANY LTD. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $47,404 | $30,366 | — | — | — |
| 2023 | $39,026 | $24,072 | — | — | — |
| 2022 | $43,196 | — | — | — | — |