401(k) · DOL Form 5500 · 2023

Morse Operations Inc. 401(k) Plan

Data updated 2026-08-11

$83M
Total assets: 1,742
Participants: 90th
Percentile by assets: $47,517
Avg per participant

Official DOL plan name: Morse Operations, Inc. 401(k) Retirement Savings Plan · Sponsored by Morse Operations Inc. · Florida · Retail Trade

$83M in assets, 1,742 participants

Morse Operations Inc.'s Morse Operations, Inc. 401(k) Retirement Savings Plan reported $83M in total assets and 1,742 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

90th percentile by assets (of 127,072 plans)
#7,949 in Retail Trade (8,414 peers)

Coverage in Florida

Morse Operations, Inc. 401(k) Retirement Savings Plan covers 1,742 participants in Florida, 2.8x the typical Florida plan (state average ~628 per filing). Assets: $83M.

$83M
total plan assets (2023 EOY): 1,742
covered participants: 90th
percentile by assets (of 127,072 plans): $47,517
avg assets per participant

Where Morse Operations, Inc. 401(k) Retirement Savings Plan sits by total assets

Morse Operations, Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

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

$82,773,839 Top 10% higher than 90% of 127,068 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Morse Operations, Inc. 401(k) Retirement Savings Plan reported net income rose from -$6M in the plan year 2022 filing to $21M in the plan year 2023 filing.
Morse Operations, Inc. 401(k) Retirement Savings Plan reported participants rose from 1,253 in the plan year 2022 filing to 1,742 in the plan year 2023 filing.
Morse Operations, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $62M in the plan year 2022 filing to $83M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Florida

Industry

Retail Trade

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Morse Operations, Inc. 401(k) Retirement Savings Plan reports 1,742 participants - 2.8x that state average ($83M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)	$62M
Net Assets (End of Year)	$83M
Net Income	$21M
Employer EIN	590558323
Plan Effective Date	1995-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Morse Operations Inc.)

Total plan assets by year, all Morse Operations Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	1,253	$62M
2023	1	1,742	$83M
2024	1	2,093	$98M

Nearby 401(k) Plans in Florida

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

Morse Operations, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

L3harris Retirement Savings Plan $15.4B · 40,665
Savings Plan for Employees and Partners of Pwc $11.3B · 50,817
Adp Totalsource Retirement Savings Plan $8.0B · 308,867
Trinet 401(k) Plan $7.0B · 157,945
Publix Super Markets, Inc. 401(k) Smart Plan $6.6B · 184,674

Compare Morse Operations, Inc. 401(k) Retirement… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Morse Operations, Inc. 401(k) Retirement Savings Plan by total assets, not by location.

Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) (KY) $83M · 470
Formica Corporation 401(k) Retirement Savings Plan (OH) $83M · 523
Hme Retirement Savings Plan (CA) $83M · 738
Sg360 Savings Plan (IL) $83M · 853

Frequently Asked Questions

How did Morse Operations, Inc. 401(k) Retirement Savings Plan assets move in 2023? ▼

Morse Operations, Inc. 401(k) Retirement Savings Plan surged - up 33.4% during 2023, from $62M to $83M. Reported net income was $21M.

How have Morse Operations Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Morse Operations Inc.'s sponsor-wide assets grew 58.7%, from $62M to $98M.

Where does Morse Operations, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Morse Operations, Inc. 401(k) Retirement Savings Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Morse Operations, Inc. 401(k) Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) in KY ($83M, 470 participants).

Next read for Morse Operations, Inc. 401(k) Retirement…

Filing takeaways

Ways to act on Morse Operations, Inc. 401(k) Retirement Savings Plan's numbers.

By total assets, Morse Operations, Inc. 401(k) Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Florida. Compare plans
Morse Operations Inc.'s sponsor-wide assets have grown 58.7% since 2022 across 3 plan years on file. More Retail Trade plans

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 590558323.