Morgan Foods, Inc. Employees Profit Sharing Plan — Form 5500 plan (Morgan Foods, 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, Morgan Foods, Inc. Employees Profit Sharing Plan is a benefit plan reported by Morgan Foods, Inc. under EIN 35-0852905 and plan number 003. The latest loaded filing year is 2023. The filing reports 257 participants and $38,368,137 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Morgan Foods, Inc.
EIN
35-0852905
Plan number
003
Plan type
2
Location
Austin, IN
Latest filing year
2023
Participants
257
End-of-year plan assets
$38,368,137

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023257H, C20241015163950NAL0016893459001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$38,368,137
Total liabilities (EOY)
$0
Net assets (EOY)
$38,368,137
Net assets (BOY)
$33,075,885

Income & contributions

Employer contributions
$1,937,616
Participant contributions
$1,210,709
Total contributions
$3,148,325
Total income / additions
$8,918,939

Expenses & distributions

Benefits paid
$3,631,192
Administrative expenses
$135,221
Total expenses
$3,766,413
Net increase / (decrease)
$5,152,526

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$4,749$02023

Related Form 5500 pages