2023 Form 5500 filing — Morley Builders Employee Savings Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241001125453NAL0013970658001) for Morley Builders Employee Savings Plan, reported by Morley Builders, Inc. under EIN 95-3920697 and plan number 002. It reports 220 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$32.5MReported net assets$32,538,215
Participants220
Provider compensation$127.8K3 Schedule C row(s)$127,752
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241001125453NAL0013970658001
Plan sponsor
Morley Builders, Inc.
EIN
95-3920697
Plan number
002
Location
Santa Monica, CA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$32.5M total assets
Net assets$32.5MLiabilities$0
Money in vs. money out
Total income / additions$8.2M
Total expenses$3.8M
Benefits paid / distributions$3.7M
Contributions
EmployerNot reported
Participant$1.6M
Full reported line items
Total assets (EOY)
$32,538,215
Total liabilities (EOY)
$0
Net assets (EOY)
$32,538,215
Participant contributions
$1,585,258
Total income / additions
$8,213,342
Benefits paid
$3,726,952
Administrative expenses
$97,752
Total expenses
$3,824,704
Net increase / (decrease)
$4,388,638

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$82,004$0
Wells Fargo Advisors Financial NetwINVESTMENT ADVISORY$0$30,000
Moss AdamsACCOUNTANT$15,748not reported in the loaded dataset

Related Form 5500 pages