Morey Organization 401(K) Retirement Plan — Form 5500 plan (The Morey Organization, Inc.)

Plain-English plan 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, Morey Organization 401(K) Retirement Plan is a benefit plan reported by The Morey Organization, Inc. under EIN 22-2130568 and plan number 001. The latest loaded filing year is 2023. The filing reports 212 participants and $21,261,122 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$21.3MPlan net assets, end of year$21,261,122
Participants212Covered participants reported
Assets / participant$100.3KComputed: assets ÷ participants$100,288 (computed)
Provider compensation$38.1K2 Schedule C provider row(s)$38,075
Plan sponsor
The Morey Organization, Inc.
EIN
22-2130568
Plan number
001
Plan type
3
Location
Wildwood, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023212H, C20241014134237NAL0044708800001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$21.3M total assets
Net assets$21.3MLiabilities$0
Money in vs. money out
Total income / additions$4.8M
Total expenses$1.2M
Benefits paid / distributions$1.1M
Contributions
Employer$496.9K
Participant$990.2K
Full reported line items

Net assets

Total assets (EOY)
$21,261,122
Total liabilities (EOY)
$0
Net assets (EOY)
$21,261,122
Net assets (BOY)
$17,650,231

Income & contributions

Employer contributions
$496,926
Participant contributions
$990,211
Total contributions
$1,524,972
Total income / additions
$4,798,801

Expenses & distributions

Benefits paid
$1,149,835
Administrative expenses
$38,075
Total expenses
$1,187,910
Net increase / (decrease)
$3,610,891
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 33%Participant 67%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Innovative Investment FiduciariesADVISOR$22,000not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$16,075$02023

Related Form 5500 pages