Plan Snapshot
- Plan Sponsor: Morphic Therapeutic INC
- Sponsor EIN: 473882977
- Sponsor Address: 35 GATEHOUSE DR STE A2, WALTHAM, MA, 02451
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 115 | $21.1M | $1.5M | $2.6M |
| 2023 | 122 | $15.7M | $1.2M | $2.1M |
| 2022 | 107 | $10.0M | $609,983 | $1.8M |
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 |
|---|---|---|---|---|
| JOHNSON O'CONNOR FERON & CARUCCI | Auditor | $1,246 | — | $1,246 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,246
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 |
|---|---|---|---|---|---|
| 2025 | $3,307 | $1,781 | — | $1,246 | — |
| 2024 | $12,345 | $6,240 | — | — | — |
| 2023 | $4,018 | $3,845 | — | — | — |
| 2022 | $592,632 | — | $2,305 | — | — |