Plan Snapshot
- Plan Sponsor: Morley Companies, INC.
- Sponsor EIN: 382687736
- Sponsor Address: ONE MORLEY PLAZA, SAGINAW, MI, 486051908
- Plan Type: 401(k)
- Total Participants: 1,758
- Total Assets: $46.9M
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 | 1,758 | $46.9M | $924,641 | $2.8M |
| 2023 | 1,779 | $40.4M | $846,271 | $2.5M |
| 2022 | 1,879 | $33.3M | $291,826 | $2.2M |
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 |
|---|---|---|---|---|
| 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: $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 | $125,137 | $62,268 | $16,141 | — | — |
| 2023 | $25,395 | — | $1,915 | — | — |
| 2022 | $25,597 | — | $25,597 | — | — |