# Morse Operations INC. 401(k) Plan
Source: https://planprovider.pro/companies/morse-operations-inc-401k-plan

> Morse Operations INC.&#39;s 401(k) plan: 2,883 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Morse Operations INC.

- **Sponsor EIN:** 590558323

- **Sponsor Address:** 2850 S. FEDERAL HWY., DELRAY BEACH, FL, 33483

- **Plan Type:** 401(k)

- **Total Participants:** 2,883

- **Total Assets:** $98.5M

## 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|2,883|$98.5M|$2.0M|$11.7M|

| 2023|2,093|$82.8M|$1.7M|$10.4M|

| 2022|1,742|$62.1M|$1.5M|$8.6M|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$244,267|—|$244,267|

| CAPFINANCIAL PARTNER|CONSULTANT|$23,999|—|$23,999|

| CROWE HORWATH LLP|ACCOUNTANT/AUDITOR|$15,750|—|$15,750|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $284,016

- **Estimated Expense Ratio:** 0.288% 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|$284,016|—|—|$15,750|—|

| 2023|$226,194|—|—|$5,400|—|

| 2022|$134,057|—|—|—|—|

## Similar Plans

- [Memorial Motors, INC.](https://planprovider.pro/companies/memorial-motors-inc-401k-plan) — 3,232 participants

- [Braman Motors, INC.](https://planprovider.pro/companies/braman-motors-inc-401k-plan) — 2,532 participants

- [Atlantic Coast Automotive, INC.](https://planprovider.pro/companies/atlantic-coast-automotive-inc-401k-plan) — 3,287 participants

- [Greenway Ford, INC.](https://planprovider.pro/companies/greenway-ford-inc-401k-plan) — 2,005 participants

- [Crown Auto Dealerships, INC.](https://planprovider.pro/companies/crown-auto-dealerships-inc-401k-plan) — 1,273 participants

- [Rick Case Enterprises, INC.](https://planprovider.pro/companies/rick-case-enterprises-inc-401k-plan) — 1,251 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/morse-operations-inc-401k-plan)

&copy; 2026 PlanProvider.Pro
