401(k) · DOL Form 5500 · 2024

Morgan Corp 401(k) Plan

Data updated 2026-08-11

$29M
Total assets: 633
Participants: 76th
Percentile by assets: $45,080
Avg per participant

Official DOL plan name: Morgan Corp 401(k) Profit Sharing Plan · Sponsored by Morgan Corp · South Carolina · Construction

$29M in assets, 633 participants

Morgan Corp's Morgan Corp 401(k) Profit Sharing Plan reported $29M in total assets and 633 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

76th percentile by assets (of 123,622 plans)
#6,792 in Construction (9,039 peers)

Where Morgan Corp 401(k) Profit Sharing Plan sits by assets

Morgan Corp 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $29M for 633 participants (~$45,080/participant), up 16.4% in 2024.

$29M
total plan assets (2024 EOY): 633
covered participants: 76th
percentile by assets (of 123,622 plans): $45,080
avg assets per participant

Where Morgan Corp 401(k) Profit Sharing Plan sits by total assets

Morgan Corp 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$28,535,547 Top 24% higher than 76% of 123,620 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Morgan Corp 401(k) Profit Sharing Plan end-of-year assets rose from $25M in the plan year 2023 filing to $29M in the plan year 2024 filing.
Morgan Corp 401(k) Profit Sharing Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
Morgan Corp 401(k) Profit Sharing Plan reported participants fell from 641 in the plan year 2023 filing to 633 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

South Carolina

Industry

Construction

Morgan Corp 401(k) Profit Sharing Plan vs the 2024 asset distribution

By assets, Morgan Corp 401(k) Profit Sharing Plan outranks 76% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$25M
Net Assets (End of Year)	$29M
Net Income	$4M
Employer EIN	570523479
Plan Effective Date	1976-12-31
Filing Status	FILING RECEIVED

Sponsor Plan History (Morgan Corp)

Total plan assets by year, all Morgan Corp plans on file

Year	Plans	Participants	Total Assets
2022	1	573	$20M
2023	1	641	$25M
2024	1	633	$29M

Nearby 401(k) Plans in South Carolina

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

Morgan Corp 401(k) Profit Sharing Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Michelin 401(k) Savings Plan $4.5B · 15,095
The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.8B · 9,296
Sonoco Retirement & Savings Plan $1.7B · 11,813
Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.5B · 11,878
The Milliken Retirement Plan $1.4B · 5,733

Compare Morgan Corp 401(k) Profit Sharing Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Morgan Corp 401(k) Profit Sharing Plan by total assets, not by location.

Sukut 401(k) Plan (CA) $29M · 127
Westcare Foundation, Inc. Retirement Plan (IL) $29M · 1,454
Porter Pipe & Supply Co. 401(k) Plan (IL) $29M · 311
Key Food Stores Co-Operative, Inc. Employees Savings Plan (NJ) $29M · 188

Frequently Asked Questions

How did Morgan Corp 401(k) Profit Sharing Plan assets move in 2024? ▼

Morgan Corp 401(k) Profit Sharing Plan grew sharply - up 16.4% during 2024, from $25M to $29M. Reported net income was $4M.

How have Morgan Corp plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Morgan Corp's sponsor-wide assets grew 44.6%, from $20M to $29M.

Where does Morgan Corp 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼

Morgan Corp 401(k) Profit Sharing Plan ranks in the 76th 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 Corp 401(k) Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Sukut 401(k) Plan in CA ($29M, 127 participants).

Next read for Morgan Corp 401(k) Profit Sharing Plan

Scale reading

Ways to act on Morgan Corp 401(k) Profit Sharing Plan's numbers.

By total assets, Morgan Corp 401(k) Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in South Carolina. Compare plans
Morgan Corp's sponsor-wide assets have grown 44.6% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 570523479.