Morgan Services, Inc. Savings Plus Plan — Form 5500 plan (Morgan Services, 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 Services, Inc. Savings Plus Plan is a benefit plan reported by Morgan Services, Inc. under EIN 36-2904675 and plan number 040. The latest loaded filing year is 2023. The filing reports 753 participants and $28,738,442 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$28.7MPlan net assets, end of year$28,738,442
Participants753Covered participants reported
Assets / participant$38.2KComputed: assets ÷ participants$38,165 (computed)
Provider compensation$59.2K1 Schedule C provider row(s)$59,230
- Plan sponsor
- Morgan Services, Inc.
- EIN
- 36-2904675
- Plan number
- 040
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 753 | H, C | 20241010155017NAL0011689555001 |
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)$28.7M total assets
Net assets$28.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $28,738,442
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $28,738,442
- Net assets (BOY)
- $20,245,355
Income & contributions
- Employer contributions
- $763,585
- Participant contributions
- $768,701
- Total contributions
- $6,074,361
- Total income / additions
- $9,716,045
Expenses & distributions
- Benefits paid
- $1,140,740
- Administrative expenses
- $59,309
- Total expenses
- $1,222,958
- Net increase / (decrease)
- $8,493,087
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.
50%50%
Employer 50%Participant 50%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income12%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $59,230 | $0 | 2023 |