Profit Sharing · DOL Form 5500 · 2023
Morgan Energy Corporation Profit Sharing Plan
Data updated 2026-08-11
- $16M
- Total assets
- 1
- Participants
- 69th
- Percentile by assets
- $16.3M
- Avg per participant
Official DOL plan name: Morgan Energy Corporation Profit Sharing Plan · Sponsored by Morgan Energy Corporation · Colorado · Mining & Oil Extraction
$16M in assets, 1 participants
Morgan Energy Corporation's Morgan Energy Corporation Profit Sharing Plan reported $16M in total assets and 1 participant in its 2023 DOL Form 5500 filing, ranking in the 69th 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.
- 69th percentile by assets (of 127,072 plans)
- #401 in Mining & Oil Extraction (811 peers)
Mining & Oil Extraction sector rank
Within Mining & Oil Extraction, Morgan Energy Corporation Profit Sharing Plan ranks #401 of 811 2023 filers by assets (754% of the sector average)-$16M for 1 participant.
- $16M
- total plan assets (2023 EOY)
- 1
- covered participants
- 69th
- percentile by assets (of 127,072 plans)
- $16.3M
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Morgan Energy Corporation Profit Sharing Plan reported net income rose from -$385K in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Morgan Energy Corporation Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2022 filing to $16M in the plan year 2023 filing.
Rank #401 in Mining & Oil Extraction
Among 811 Mining & Oil Extraction plans that filed a Form 5500 for plan year 2023, Morgan Energy Corporation Profit Sharing Plan ranks #401 by end-of-year assets - about 754% of the sector average of $123M. Nationally it sits in the 69th percentile, a weaker position within its industry than across all filers.
Mining & Oil Extraction filing particulars
| Total Assets (Beginning of Year) | $12M |
|---|---|
| Net Assets (End of Year) | $16M |
| Net Income | $5M |
| Employer EIN | 261491618 |
| Plan Effective Date | 1987-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Morgan Energy Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1 | $12M |
| 2023 | 1 | 1 | $16M |
| 2024 | 1 | 1 | $20M |
Nearby Profit Sharing Plans in Colorado
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Morgan Energy Corporation Profit Sharing Plan vs. nearby Profit Sharing plans in Colorado, assets vs. participants
- Hensel Phelps Hourly Retirement Plan $59M · 695
- Liberty Pr Mobility 401(k) Savings Plans $43M · 1,212
- Amended & Restated Profit Sharing Plan of Midwest Pms $38M · 133
- Peterson Company Profit-Sharing Plan $18M · 26
- Retirement Plan of Public Broadcasting of Colorado, Inc. $16M · 182
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Morgan Energy Corporation Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did Morgan Energy Corporation Profit Sharing Plan assets move in 2023? ▼
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Filing takeaways
Ways to act on Morgan Energy Corporation Profit Sharing Plan's numbers.
- By total assets, Morgan Energy Corporation Profit Sharing Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Colorado. Compare plans
- Morgan Energy Corporation's sponsor-wide assets have grown 72.3% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans