401(k) · DOL Form 5500 · 2023

Morton Investment Company LLC 401(k) Plan

Data updated 2026-08-11

$336M
Total assets
1,896
Participants
96th
Percentile by assets
$177,454
Avg per participant
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Official DOL plan name: Morton Salt 401(k) Savings Plan · Sponsored by Morton Investment Company LLC · Illinois · Mining & Oil Extraction

$336M in assets, 1,896 participants

Morton Investment Company LLC's Morton Salt 401(k) Savings Plan reported $336M in total assets and 1,896 participants in its 2023 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 127,072 plans)
  • #755 in Mining & Oil Extraction (811 peers)

Coverage in Illinois

Morton Salt 401(k) Savings Plan covers 1,896 participants in Illinois, 2.4x the typical Illinois plan (state average ~779 per filing). Assets: $336M.

$336M
total plan assets (2023 EOY)
1,896
covered participants
96th
percentile by assets (of 127,072 plans)
$177,454
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Morton Salt 401(k) Savings Plan reported net income rose from -$82M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Morton Salt 401(k) Savings Plan reported participants rose from 1,652 in the plan year 2022 filing to 1,896 in the plan year 2023 filing.
  • Morton Salt 401(k) Savings Plan end-of-year assets rose from $309M in the plan year 2022 filing to $336M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Morton Salt 401(k) Savings Plan reports 1,896 participants - 2.4x that state average ($336M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$309M
Net Assets (End of Year)$336M
Net Income$28M
Employer EIN900475845
Plan Effective Date2009-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Morton Investment Company LLC)

$300M$320M$340M$360M$380M 202220232024 $309M $356M ▲ +15.4%
Total plan assets by year, all Morton Investment Company LLC plans on file
Year Plans Participants Total Assets
2022 1 1,652 $309M
2023 1 1,896 $336M
2024 1 1,839 $356M

Nearby 401(k) Plans in Illinois

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

Morton Salt 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Morton Salt 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Morton Salt 401(k) S…Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Morton Salt 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Morton Salt 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Morton Salt 401(k) Savings Plan assets move in 2023?
Morton Salt 401(k) Savings Plan grew at a solid clip - up 8.9% during 2023, from $309M to $336M. Reported net income was $28M.
How have Morton Investment Company LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Morton Investment Company LLC's sponsor-wide assets grew 15.4%, from $309M to $356M.
Where does Morton Salt 401(k) Savings Plan rank by assets among Form 5500 filers?
Morton Salt 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Morton Salt 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is American Chemical Society Defined Contribution Retirement Plan in DC ($336M, 1,784 participants).

Filing takeaways

Ways to act on Morton Salt 401(k) Savings Plan's numbers.