401(k) · DOL Form 5500 · 2022

Morrisette Packaging, Inc. 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
228
Participants Below avg headcount
83rd
Percentile by assets National rank
$134,831
Avg per participant Near avg balance/head
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Official DOL plan name: Morrisette Packaging, Inc. Profit Sharing Plan · Sponsored by Morrisette Packaging, Inc. · North Carolina · Wholesale Trade

$31M in assets, 228 participants

Morrisette Packaging, Inc.'s Morrisette Packaging, Inc. Profit Sharing Plan reported $31M in total assets and 228 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,666 in Wholesale Trade (6,843 peers)

Coverage in North Carolina

Morrisette Packaging, Inc. Profit Sharing Plan covers 228 participants in North Carolina, about 28% of the average North Carolina filer (state average ~819 per filing). Assets: $31M.

#5,666
in Wholesale Trade (6,843 peers)
-25.1%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Morrisette Packaging, Inc. Profit Sharing Plan's outsized position by total assets

Morrisette Packaging, Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$30,741,384 Top 17% higher than 83% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Morrisette Packaging, Inc. Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Morrisette Packaging, Inc. Profit Sharing Plan sits mid-pack in the medium band (228 participants).

DOL schedule card

Filing strip 560770162 · Morrisette Packaging, Inc. PY 2022 · 401(k)

Morrisette Packaging, Inc. Profit Sharing Plan · $31M · 228 · 83rd

  • PART $31M
  • TYPE 228
  • NET 83rd
  • BOOK 401(k)
  • VS-ST near Phillips Murrah P.C. 401(k) Profit Sharing Plan
  • BOY ind #5666

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in North Carolina →

Morrisette Packaging, Inc. Profit Sharing Plan in the asset neighbourhood

Cornerstone Medical Group 401(k) Savings PlanCornerstone Medical Group 40…$31MMorrisette Packaging, Inc. Profit Sharing PlanMorrisette Packaging, Inc. P…$31MPhillips Murrah P.C. 401(k) Profit Sharing PlanPhillips Murrah P.C. 401(k) …$31MAlbany Gastroenterology Consultants, PLLC 401(k) PlanAlbany Gastroenterology Cons…$31MMorris Multimedia, Inc. Profit Sharing PlanMorris Multimedia, Inc. Prof…$31M
End-of-year total assets ($M) among Morrisette Packaging, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$31M
Net Income-$10M
Employer EIN560770162
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Morrisette Packaging, Inc.)

Sponsor-wide plan assets over time

All Morrisette Packaging, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$42M 37.56621367469988% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $30.7M $42.3M ▲ +37.6%
Year Plans Participants Total Assets
2022 1 228 $31M
2023 1 251 $37M
2024 1 248 $42M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Morrisette Packaging, Inc. Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Morrisette Packaging, Inc. Profit Sharing Plan, Total assets ($B): 0.030741384 · Participants: 228Morrisette Packaging, Inc. Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Morrisette Packaging, Inc. Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Morrisette Packaging, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Phillips Murrah P.C. 401(k) Profit Sharing Plan in OK ($31M); by covered participants it is Jsi Store Fixtures Employee Savings Plan in ME (228 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (228 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Morrisette Packaging, Inc. Profit Sharing Plan assets move in 2022?
Morrisette Packaging, Inc. Profit Sharing Plan declined sharply - down 25.1% during 2022, from $41M to $31M. Reported net income was -$10M.
How have Morrisette Packaging, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Morrisette Packaging, Inc.'s sponsor-wide assets grew 37.6%, from $31M to $42M.
Where does Morrisette Packaging, Inc. Profit Sharing Plan rank by assets among Form 5500 filers?
Morrisette Packaging, Inc. Profit Sharing Plan ranks in the 83rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Morrisette Packaging, Inc. Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Phillips Murrah P.C. 401(k) Profit Sharing Plan in OK ($31M, 99 participants).
Which 401(k) plans cover a similar participant headcount to Morrisette Packaging, Inc. Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Jsi Store Fixtures Employee Savings Plan in ME (228 participants, N/A in assets).