ESOP · DOL Form 5500 · 2023

Morris & Associates, Inc. ESOP

Data updated 2026-08-25

$26M
Total assets Below avg plan size
115
Participants Small participant base
77th
Percentile by assets National rank
$229,068
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Morris & Associates, Inc. Employee Stock Ownership Plan · Sponsored by Morris & Associates, Inc. · North Carolina · Manufacturing

$26M in assets, 115 participants

Morris & Associates, Inc.'s Morris & Associates, Inc. Employee Stock Ownership Plan reported $26M in total assets and 115 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #12,816 in Manufacturing (18,722 peers)

Coverage in North Carolina

Morris & Associates, Inc. Employee Stock Ownership Plan covers 115 participants in North Carolina, about 14% of the average North Carolina filer (state average ~819 per filing). Assets: $26M.

#12,816
in Manufacturing (18,722 peers)
+53.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Morris & Associates, Inc. Employee Stock Ownership Plan's outsized position by total assets

Morris & Associates, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$26,342,770 Top 23% higher than 77% 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

Morris & Associates, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Morris & Associates, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (115 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Morris & Associates, Inc. Employee Stock Ownership Plan reported net income rose from $4M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Morris & Associates, Inc. Employee Stock Ownership Plan end-of-year assets rose from $17M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Morris & Associates, Inc. Employee Stock Ownership Plan reported participants rose from 88 in the plan year 2022 filing to 115 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 560509681 · Morris & Associates, Inc. PY 2023 · ESOP

Morris & Associates, Inc. Employee Stock Ownership Plan · $26M · 115 · 77th

  • PART $26M
  • TYPE 115
  • NET 77th
  • BOOK ESOP
  • VS-ST near Shively Bros. , Inc. Employee Stock Ownership Plan and Trust
  • BOY ind #12816

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 What is an ESOP? → · Plans in North Carolina →

Morris & Associates, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Software Solutions, Inc. Employee Stock Ownership PlanSoftware Solutions, Inc. Emp…$26MMpd, Inc. Employee Stock Ownership PlanMpd, Inc. Employee Stock Own…$26MPalmer Group Employee Stock Ownership PlanPalmer Group Employee Stock …$26MShively Bros. , Inc. Employee Stock Ownership Plan and TrustShively Bros. , Inc. Employe…$26MMorris & Associates, Inc. Employee Stock Ownership PlanMorris & Associates, Inc. Em…$26M
End-of-year total assets ($M) among Morris & Associates, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$26M
Net Income$9M
Employer EIN560509681
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Morris & Associates, Inc.)

Sponsor-wide plan assets over time

All Morris & Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 36.192816341378084% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.3M $26.3M ▲ +36.2%
Year Plans Participants Total Assets
2022 2 189 $19M
2023 1 115 $26M
2024 1 125 $26M

Nearby ESOP Plans in North Carolina

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

Morris & Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050010001500 050100150200 Total assets ($M) Participants Morris & Associates, Inc. Employee Stock Ownership Plan, Total assets ($M): 26.34277 · Participants: 115Morris & Associates, Inc. Employee Stock Ownership PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 181.705477 · Participants: 1330Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustEcmd, Inc. Employee Stock Ownership Plan, Total assets ($M): 131.739406 · Participants: 922Ecmd, Inc. Employee Stock Ownership PlanPrecision Walls, Inc. Employee Stock Ownership Plan, Total assets ($M): 111.490037 · Participants: 1028Precision Walls, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($M): 102.100516 · Participants: 273Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 85.875992 · Participants: 144State Utility Contractors, Inc. Employee Stock Ownership Plan
Morris & Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Morris & Associates, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Morris & Associates, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Shively Bros. , Inc. Employee Stock Ownership Plan and Trust in MI ($26M); by covered participants it is Northeast Community Bank Employee Stock Ownership Plan in NY (115 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Morris & Associates, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Morris & Associates, Inc. Employee Stock Ownership Plan surged - up 53.4% during 2023, from $17M to $26M. Reported net income was $9M.
How have Morris & Associates, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Morris & Associates, Inc.'s sponsor-wide assets grew 36.2%, from $19M to $26M.
Where does Morris & Associates, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Morris & Associates, Inc. Employee Stock Ownership Plan ranks in the 77th 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 ESOP plans are similar in size to Morris & Associates, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Shively Bros. , Inc. Employee Stock Ownership Plan and Trust in MI ($26M, 213 participants).
Which ESOP plans cover a similar participant headcount to Morris & Associates, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Northeast Community Bank Employee Stock Ownership Plan in NY (115 participants, $24M 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 560509681.

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.