Plan Snapshot
- Plan Sponsor: Morgan Services, INC.
- Sponsor EIN: 362904675
- Sponsor Address: 205 N MICHIGAN AVE STE 4100, CHICAGO, IL, 60601
- Plan Type: 401(k)
- Total Participants: 619
- Total Assets: $32.8M
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 | 619 | $32.8M | $775,619 | $809,911 |
| 2023 | 598 | $28.7M | $763,585 | $768,701 |
| 2022 | 561 | $20.2M | $776,081 | $747,680 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
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 | $81,429 | — | $81,429 | — | — |
| 2023 | $59,309 | — | $59,309 | — | — |
| 2022 | $57,504 | — | $57,504 | — | — |