Plan Snapshot
- Plan Sponsor: Morton Grinding, INC.
- Sponsor EIN: 952487459
- Sponsor Address: 201 E. AVENUE K15, LANCASTER, CA, 93535
- Plan Type: 401(k)
- Total Participants: 162
- Total Assets: $11.2M
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 | 162 | $11.2M | $175,034 | $470,732 |
| 2023 | 170 | $10.8M | $169,684 | $453,340 |
| 2022 | 178 | $9.9M | $180,408 | $443,700 |
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 |
|---|---|---|---|---|
| DOUGHERTY & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOUGHERTY & COMPANY — 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 | $23,634 | — | $23,634 | — | — |
| 2023 | $12,226 | — | $12,226 | — | — |
| 2022 | $11,879 | — | $11,879 | — | — |