401(k) · DOL Form 5500 · 2022

Morrow Insurance Agency, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
33
Participants Small participant base
73rd
Percentile by assets National rank
$469,902
Avg per participant High balance/head
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Official DOL plan name: Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan · Sponsored by Morrow Insurance Agency, Inc. · North Carolina · Finance & Insurance

$16M in assets, 33 participants

Morrow Insurance Agency, Inc.'s Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan reported $16M in total assets and 33 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,388 in Finance & Insurance (9,261 peers)

What the 2022 filing shows

Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan holds $16M for 33 participants - about $469,902 per participant, above the median plan by assets.

#5,388
in Finance & Insurance (9,261 peers)
-6.8%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan's outsized position by total assets

Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan vs every filed plan by assets

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

$15,506,755 Top 27% higher than 73% 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

Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan is a small filing (33 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 560330600 · Morrow Insurance Agency, Inc. PY 2022 · 401(k)

Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan · $16M · 33 · 73rd

  • PCT $16M
  • EIN 33
  • RANK 73rd
  • PHOTO 401(k)
  • IND near Midcoast Employee Services, LLC 401(k) Retirement Plan
  • EOY ind #5388

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 Finance & Insurance retirement plans → · Plans in North Carolina →

Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan in the asset neighbourhood

Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership PlanMorrow Insurance Agency, Inc…$16MMidcoast Employee Services, LLC 401(k) Retirement PlanMidcoast Employee Services, …$16MGenetec USA, Inc. 401(k) Plan$16MThe Retirement Plan$16MSimona America Group 401(k) Profit Sharing PlanSimona America Group 401(k) …$16M
End-of-year total assets ($M) among Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$16M
Net Income-$1M
Employer EIN560330600
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Morrow Insurance Agency, Inc.)

Sponsor-wide plan assets over time

All Morrow Insurance Agency, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 0.17750328808316118% vs 2022
2024 filing year
$15M$15.5M$16M$16.5M$17M$17.5M 202220232024 $15.5M $15.5M ▲ +0.1%
Year Plans Participants Total Assets
2022 1 33 $16M
2023 1 34 $17M
2024 1 33 $16M

Nearby 401(k) Plans in North Carolina

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

Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan, Total assets ($B): 0.015506755 · Participants: 33Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership 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
Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Midcoast Employee Services, LLC 401(k) Retirement Plan in TX ($16M); by covered participants it is Scout Media Holdings, Inc. Retirement Savings Plan in NY (33 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (33 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 Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan assets move in 2022?
Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan pulled back noticeably - down 6.8% during 2022, from $17M to $16M. Reported net income was -$1M.
How have Morrow Insurance Agency, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Morrow Insurance Agency, Inc.'s sponsor-wide assets grew 0.2%, from $16M to $16M.
Which 401(k) plans are similar in size to Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan?
Among 401(k) plans in other states, the closest by assets is Midcoast Employee Services, LLC 401(k) Retirement Plan in TX ($16M, 304 participants).
Which 401(k) plans cover a similar participant headcount to Morrow Insurance Agency, Inc. Employee Savings & Stock Ownership Plan?
Among 401(k) plans in other states, the closest by covered participants is Scout Media Holdings, Inc. Retirement Savings Plan in NY (33 participants, $57K in assets).