Plan Snapshot
- Plan Sponsor: The Morse Group, INC.
- Sponsor EIN: 261086212
- Sponsor Address: 500 WEST SOUTH STREET, FREEPORT, IL, 610326836
- Plan Type: 401(k)
- Total Participants: 208
- Total Assets: $28.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 208 | $28.8M | $750,080 | $1.5M |
| 2023 | 209 | $24.5M | $662,963 | $1.4M |
| 2022 | 196 | $22.4M | $627,524 | $1.2M |
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 |
|---|---|---|---|---|
| CREATIVE PLANNING HOLDCO, LLC | Investment Advisor | $56,859 | — | $56,859 |
| WIPFLI, LLP | Recordkeeper | $46,294 | — | $46,294 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING HOLDCO, LLC — Investment Advisor
- WIPFLI, LLP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,153
- Estimated Expense Ratio: 0.359% 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 | $103,155 | $56,859 | — | — | — |
| 2023 | $82,878 | $40,063 | — | — | — |
| 2022 | $103,491 | $53,115 | $50,376 | — | — |