Morgan Foods Retiree Medical 401(K) Savings 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 Retiree Medical 401(K) Savings Plan is a benefit plan reported by Morgan Foods, Inc. under EIN 35-0852905 and plan number 005. The latest loaded filing year is 2023. The filing reports 676 participants and $10,606,051 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
005
Plan type
2
Location
Austin, IN
Latest filing year
2023
Participants
676
End-of-year plan assets
$10,606,051

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023676H, C20241015164341NAL0050508416001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,606,051
Total liabilities (EOY)
$0
Net assets (EOY)
$10,606,051
Net assets (BOY)
$8,883,373

Income & contributions

Employer contributions
$334,234
Participant contributions
$1,067,021
Total contributions
$1,401,255
Total income / additions
$2,509,835

Expenses & distributions

Benefits paid
$612,841
Administrative expenses
$34,590
Total expenses
$647,431
Net increase / (decrease)
$1,862,404

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.RECORDKEEPER/BOOKKEEPER$31,460$02023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$2,235$02023

Related Form 5500 pages