401(k) · DOL Form 5500 · 2024

Morgan Properties Payroll Svcs 401(k) Plan

Data updated 2026-08-25

$78M
Total assets Below avg plan size
2,422
Participants Above avg headcount
89th
Percentile by assets National rank
$32,201
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

$78M in assets, 2,422 participants

Morgan Properties Payroll Svcs's Morgan Properties 401(k) Plan reported $78M in total assets and 2,422 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #4,415 in Real Estate (4,605 peers)

Coverage in Pennsylvania

Morgan Properties 401(k) Plan covers 2,422 participants in Pennsylvania, 2.9x the typical Pennsylvania plan (state average ~822 per filing). Assets: $78M.

#4,415
in Real Estate (4,605 peers)
+23.4%
assets growth YoY
0.8×
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 2024 · DOL Form 5500

$77,991,198 Top 11% higher than 89% of 123,620 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 2024

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

Plan-year 2024 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 (2,422 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Morgan Properties 401(k) Plan end-of-year assets rose from $63M in the plan year 2023 filing to $78M in the plan year 2024 filing.
  • Morgan Properties 401(k) Plan reported participants rose from 2,015 in the plan year 2023 filing to 2,422 in the plan year 2024 filing.
  • Morgan Properties 401(k) Plan reported net income fell from $16M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 232852119 · Morgan Properties Payroll Svcs PY 2024 · 401(k)

Morgan Properties 401(k) Plan · $78M · 2,422 · 89th

  • 5500 $78M
  • ASSETS 2,422
  • PCT 89th
  • EIN 401(k)
  • RANK near Ns2 Mission 401(k) Plan
  • PHOTO ind #4415

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

Morgan Properties 401(k) Plan$78MNs2 Mission 401(k) Plan$78MMaxim Group, LLC 401(k) Plan$78M401(k) Plan of Care Plus Bergen for Union Employees401(k) Plan of Care Plus Ber…$78MDupaco Community Credit Union Salary Savings PlanDupaco Community Credit Unio…$78M
End-of-year total assets ($M) among Morgan Properties 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$78M
Net Income$15M
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. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Morgan Properties 401(k) Plan, Total assets ($B): 0.077991198 · Participants: 2422Morgan Properties 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Morgan Properties 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

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 Ns2 Mission 401(k) Plan in VA ($78M); by covered participants it is Exos Retirement Plan in AZ (2,422 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($78M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,422 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Morgan Properties 401(k) Plan grew sharply - up 23.4% during 2024, from $63M to $78M. Reported net income was $15M.
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 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Ns2 Mission 401(k) Plan in VA ($78M, 128 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 Exos Retirement Plan in AZ (2,422 participants, $50M in assets).