Plan Snapshot
- Plan Sponsor: R L Morgan Company
- Sponsor EIN: 382567152
- Sponsor Address: G-6443 W PIERSON RD, SUITE 19, FLUSHING, MI, 48433
- Plan Type: 401(k)
- Total Participants: 265
- Total Assets: $3.7M
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 | 265 | $3.7M | $40,000 | $171,640 |
| 2023 | 213 | $3.6M | $135,000 | $171,838 |
| 2022 | 175 | $3.0M | $150,000 | $161,036 |
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 |
|---|---|---|---|---|
| GRANT, MILLMAN & JOHNSON, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT, MILLMAN & JOHNSON, P.C. — 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 | $36,811 | $14,976 | — | — | — |
| 2023 | $39,632 | $12,506 | — | $9,000 | — |
| 2022 | $51,855 | $24,961 | — | — | $26,894 |