401(k) · DOL Form 5500 · 2023

Morgan Properties Payroll Svcs 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
2,015
Participants Near avg headcount
88th
Percentile by assets National rank
$31,369
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Morgan Properties 401(k) Plan · Sponsored by Morgan Properties Payroll Svcs · Pennsylvania · Real Estate

$63M in assets, 2,015 participants

Morgan Properties Payroll Svcs's Morgan Properties 401(k) Plan reported $63M in total assets and 2,015 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #4,534 in Real Estate (4,727 peers)

Coverage in Pennsylvania

Morgan Properties 401(k) Plan covers 2,015 participants in Pennsylvania, 2.5x the typical Pennsylvania plan (state average ~822 per filing). Assets: $63M.

#4,534
in Real Estate (4,727 peers)
+32.9%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Morgan Properties 401(k) Plan's outsized position by total assets

Morgan Properties 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$63,208,230 Top 12% higher than 88% of 127,068 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 2023

Morgan Properties 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Morgan Properties 401(k) Plan lands in the large band (2,015 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Morgan Properties 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Morgan Properties 401(k) Plan end-of-year assets rose from $48M in the plan year 2022 filing to $63M in the plan year 2023 filing.
  • Morgan Properties 401(k) Plan reported participants rose from 1,845 in the plan year 2022 filing to 2,015 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 232852119 · Morgan Properties Payroll Svcs PY 2023 · 401(k)

Morgan Properties 401(k) Plan · $63M · 2,015 · 88th

  • BOY $63M
  • SCH 2,015
  • EBSA 88th
  • PART 401(k)
  • TYPE near Iamaw Great Lakes Joint Retirement Plan
  • NET ind #4534

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 Real Estate retirement plans → · Plans in Pennsylvania →

Morgan Properties 401(k) Plan in the asset neighbourhood

Master-Halco, Inc. Retirement Savings Value PlanMaster-Halco, Inc. Retiremen…$63MSavings Plan of Entergy Corporation and Subsidiaries VIIISavings Plan of Entergy Corp…$63MMandarin Oriental 401(k) Plan$63MIamaw Great Lakes Joint Retirement PlanIamaw Great Lakes Joint Reti…$63MMorgan Properties 401(k) Plan$63M
End-of-year total assets ($M) among Morgan Properties 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$63M
Net Income$16M
Employer EIN232852119
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Morgan Properties Payroll Svcs)

Sponsor-wide plan assets over time

All Morgan Properties Payroll Svcs plans reported in each filing year

Latest sponsor-wide plan assets
$78M 64.01079666132226% vs 2022
2024 filing year
$40M$50M$60M$70M$80M$90M 202220232024 $47.6M $78M ▲ +64.0%
Year Plans Participants Total Assets
2022 1 1,845 $48M
2023 1 2,015 $63M
2024 1 2,422 $78M

Nearby 401(k) Plans in Pennsylvania

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

Morgan Properties 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Morgan Properties 401(k) Plan, Total assets ($B): 0.06320823 · Participants: 2015Morgan Properties 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Morgan Properties 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Morgan Properties 401(k) Plan side-by-side with 3 peers →

Morgan Properties 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Iamaw Great Lakes Joint Retirement Plan in MI ($63M); by covered participants it is Columbia Hospitality 401(k) Plan in WA (2,015 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,015 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Morgan Properties 401(k) Plan assets move in 2023? ▼
Morgan Properties 401(k) Plan surged - up 32.9% during 2023, from $48M to $63M. Reported net income was $16M.
How have Morgan Properties Payroll Svcs plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Morgan Properties Payroll Svcs's sponsor-wide assets grew 64.0%, from $48M to $78M.
Where does Morgan Properties 401(k) Plan rank by assets among Form 5500 filers? ▼
Morgan Properties 401(k) Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Morgan Properties 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Iamaw Great Lakes Joint Retirement Plan in MI ($63M, 489 participants).
Which 401(k) plans cover a similar participant headcount to Morgan Properties 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Columbia Hospitality 401(k) Plan in WA (2,015 participants, $32M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 232852119.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.