Plan Snapshot
- Plan Sponsor: The Morgan Group INC.
- Sponsor EIN: 760197035
- Sponsor Address: 3000 RICHMOND AVE., HOUSTON, TX, 77098
- Plan Type: 401(k)
- Total Participants: 604
- Total Assets: $23.3M
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 | 604 | $23.3M | $984,222 | $1.8M |
| 2023 | 537 | $18.9M | $967,138 | $2.0M |
| 2022 | 511 | $15.1M | $818,620 | $1.6M |
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 |
|---|---|---|---|---|
| BENTLEY, BRATHCHER & ASSOCIATES, PC | 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 | $88,514 | — | $88,514 | — | — |
| 2023 | $63,553 | — | $63,553 | — | — |
| 2022 | $10,061 | — | $10,061 | — | — |