Plan Snapshot
- Plan Sponsor: Morris Packaging
- Sponsor EIN: 202224288
- Sponsor Address: 211 N WILLIAMSBURG DRIVE SUITE A, BLOOMINGTON, IL, 61704
- Plan Type: 401(k)
- Total Participants: 203
- Total Assets: $9.7M
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 | 203 | $9.7M | $524,571 | $924,358 |
| 2023 | 188 | $7.6M | $490,688 | $859,491 |
| 2022 | 161 | $5.3M | $424,754 | $771,881 |
| 2021 | 131 | $5.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| DHJJ, 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 | $94,349 | — | $94,349 | — | — |
| 2023 | $69,503 | — | $69,503 | — | — |
| 2022 | $2,510 | — | $2,510 | — | — |
| 2021 | $1,255 | — | — | — | — |