Profit Sharing · DOL Form 5500 · 2022

Morning Glory Solutions, Inc. Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
5
Participants Small participant base
30th
Percentile by assets National rank
$297,290
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Morning Glory Solutions, Inc. Profit Sharing Plan · Sponsored by Morning Glory Solutions, Inc. · North Carolina · Professional & Technical Services

$1M in assets, 5 participants

Morning Glory Solutions, Inc.'s Morning Glory Solutions, Inc. Profit Sharing Plan reported $1M in total assets and 5 participants in its 2022 DOL Form 5500 filing, ranking in the 30th 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.

  • #5,600 in Professional & Technical Services (21,562 peers)

2022 asset change

Morning Glory Solutions, Inc. Profit Sharing Plan declined sharply 17.7% in 2022 ($2M → $1M) for 5 participants.

#5,600
in Professional & Technical Services (21,562 peers)
-17.7%
assets change YoY

The plan reported a net loss of $320K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Morning Glory Solutions, Inc. Profit Sharing Plan among the smaller filed plans by assets

Morning Glory Solutions, Inc. Profit Sharing Plan vs every filed plan by assets

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

$1,486,452 30th percentile higher than 30% 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

Morning Glory Solutions, Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Morning Glory Solutions, Inc. Profit Sharing Plan is a micro filing (5 participants), the leftmost band.

EBSA filing schedule strip

Filing strip 262868545 · Morning Glory Solutions, Inc. PY 2022 · Profit Sharing

Morning Glory Solutions, Inc. Profit Sharing Plan · $1M · 5 · 30th

  • TYPE $1M
  • TYPE 5
  • TYPE 30th
  • TYPE Profit Sharing
  • TYPE near Jws and Sons Inc. Retirement Plan
  • TYPE ind #5600

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 Professional & Technical Services retirement plans → · Plans in North Carolina →

Morning Glory Solutions, Inc. Profit Sharing Plan in the asset neighbourhood

Morning Glory Solutions, Inc. Profit Sharing PlanMorning Glory Solutions, Inc…$1MJws and Sons Inc. Retirement PlanJws and Sons Inc. Retirement…$1MSan Juan Urology Retirement PlanSan Juan Urology Retirement …$1MBraulio Quintero Morales Retirement PlanBraulio Quintero Morales Ret…$1MProduction Metals, Inc. Profit Sharing PlanProduction Metals, Inc. Prof…$1M
End-of-year total assets ($M) among Morning Glory Solutions, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Morning Glory Solutions, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Morning Glory Solutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 7.860260539862707% vs 2022
2024 filing year
$1.35M$1.4M$1.45M$1.5M$1.55M 202220232024 $1.49M $1.37M ▼ -8.1%
Year Plans Participants Total Assets
2022 1 5 $1M
2023 1 4 $1M
2024 1 5 $1M

2022 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$320K
Employer EIN262868545
Plan Effective Date2008-06-24
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in North Carolina

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Morning Glory Solutions, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -0.500.511.52 Total assets ($B) Participants Morning Glory Solutions, Inc. Profit Sharing Plan, Total assets ($B): 0.001486452 · Participants: 5Morning Glory Solutions, Inc. Profit Sharing PlanTax Deferred Savings Plan of Novant Health, Inc., Total assets ($B): 1.870436298 · Participants: 29251Tax Deferred Savings Plan of Novant Health, Inc.Wakemed Retirement Savings Plan, Total assets ($B): 1.11733971 · Participants: 11689Wakemed Retirement Savings PlanCharter Communications, Inc. Retirement Accumulation Plan, Total assets ($B): 0.992833723 · Participants: 88468Charter Communications, Inc. Retirement Accumulation PlanFirsthealth of the Carolinas, Inc. Retirement Growth Plan, Total assets ($B): 0.09482539 · Participants: 5217Firsthealth of the Carolinas, Inc. Retirement Growth PlanBaker & Taylor Retirement Savings Plan, Total assets ($B): 0.060345776 · Participants: 1358Baker & Taylor Retirement Savings Plan
Morning Glory Solutions, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Morning Glory Solutions, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside North Carolina, the nearest Profit Sharing by assets is Jws and Sons Inc. Retirement Plan in FL ($1M); by covered participants it is Summit Equity Group Lashes, Inc. Retirement Plan in FL (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 Morning Glory Solutions, Inc. Profit Sharing Plan assets move in 2022?
Morning Glory Solutions, Inc. Profit Sharing Plan declined sharply - down 17.7% during 2022, from $2M to $1M. Reported net income was -$320K.
How have Morning Glory Solutions, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Morning Glory Solutions, Inc.'s sponsor-wide assets declined 7.9%, from $1M to $1M.
Which Profit Sharing plans are similar in size to Morning Glory Solutions, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Jws and Sons Inc. Retirement Plan in FL ($1M, 16 participants).
Which Profit Sharing plans cover a similar participant headcount to Morning Glory Solutions, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Summit Equity Group Lashes, Inc. Retirement Plan in FL (5 participants, N/A in assets).