401(k) · DOL Form 5500 · 2022
Morganite Industries Inc. 401(k) Plan
Data updated 2026-08-11
- $243M
- Total assets
- 2,002
- Participants
- 96th
- Percentile by assets
- $121,203
- Avg per participant
Official DOL plan name: Morgan US Employees' 401(k) Plan · Sponsored by Morganite Industries Inc. · North Carolina · Manufacturing
$243M in assets, 2,002 participants
Morganite Industries Inc.'s Morgan US Employees' 401(k) Plan reported $243M in total assets and 2,002 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,126 plans)
- #19,358 in Manufacturing (20,602 peers)
Coverage in North Carolina
Morgan US Employees' 401(k) Plan covers 2,002 participants in North Carolina, 2.4x the typical North Carolina plan (state average ~819 per filing). Assets: $243M.
- $243M
- total plan assets (2022 EOY)
- 2,002
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $121,203
- avg assets per participant
The plan reported a net loss of $45M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Morgan US Employees' 401(k) Plan sits by total assets
Morgan US Employees' 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$242,649,144 Top 4% higher than 96% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Morgan US Employees' 401(k) Plan reports 2,002 participants - 2.4x that state average ($243M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $287M |
|---|---|
| Net Assets (End of Year) | $243M |
| Net Income | -$45M |
| Employer EIN | 561268548 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Morganite Industries Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,402 | $379M |
| 2023 | 2 | 2,525 | $402M |
| 2024 | 2 | 2,634 | $417M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Morgan US Employees' 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Morgan US Employees' 401(k) Plan by total assets, not by location.
- Technip Energies USA, Inc. Retirement Savings Plan (TX) $243M · 879
- Boeing Employees' Credit Union 401(k) Plan (WA) $243M · 2,579
- The United States Pharmacopeial Convention 401(k) Savings Plan (MD) $243M · 795
- Minuteclinic 401(k) Plan (RI) $243M · 3,737
Frequently Asked Questions
How did Morgan US Employees' 401(k) Plan assets move in 2022? ▼
How have Morganite Industries Inc. plan assets changed over time? ▼
Where does Morgan US Employees' 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Morgan US Employees' 401(k) Plan? ▼
Next read for Morgan US Employees' 401(k) Plan
Filing takeaways
Ways to act on Morgan US Employees' 401(k) Plan's numbers.
- By total assets, Morgan US Employees' 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- Morganite Industries Inc.'s sponsor-wide assets have grown 9.9% since 2022 across 3 plan years on file. More Manufacturing plans