Plan Snapshot
- Plan Sponsor: Morgan & Morgan P A
- Sponsor EIN: 592920684
- Sponsor Address: 16TH FLOOR 20 NORTH ORANGE AVENUE, ORLANDO, FL, 32801
- Plan Type: 401(k)
- Total Participants: 4,754
- Total Assets: $192.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 4,754 | $192.7M | $3.6M | $23.7M |
| 2023 | 4,222 | $156.5M | $3.9M | $21.0M |
| 2022 | 3,318 | $119.1M | $2.9M | $16.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | NONE | $264,100 | — | $264,100 |
| SHUSTER ADVISORY GROUP LLC | NONE | $82,996 | — | $82,996 |
| EMPOWER ADVISORY GROUP, LLC | NONE | $16,714 | — | $16,714 |
| REHMANN ROBSON LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $363,810
- Estimated Expense Ratio: 0.189% of plan assets
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 | $363,810 | $99,711 | — | — | — |
| 2023 | $316,392 | — | — | — | — |
| 2022 | $290,619 | $106,071 | $174,221 | — | $10,327 |