ESOP · DOL Form 5500 · 2024

Morris & Associates, Inc. ESOP

Data updated 2026-07-24

$26M
Total assets
125
Participants
75th
Percentile by assets
$210,742
Avg per participant
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Official DOL plan name: Morris & Associates, Inc. Employee Stock Ownership Plan · Sponsored by Morris & Associates, Inc. · North Carolina · Manufacturing

$26M in assets, 125 participants

Morris & Associates, Inc.'s Morris & Associates, Inc. Employee Stock Ownership Plan reported $26M in total assets and 125 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 116,472 plans)

Coverage in North Carolina

Morris & Associates, Inc. Employee Stock Ownership Plan covers 125 participants in North Carolina, about 15% of the average North Carolina filer (state average ~846 per filing). Assets: $26M.

$26M
total plan assets (2024 EOY)
125
covered participants
75th
percentile by assets (of 116,472 plans)
$210,742
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Morris & Associates, Inc. Employee Stock Ownership Plan reported participants rose from 115 in the plan year 2023 filing to 125 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 846 participants across 3,325 plans. Morris & Associates, Inc. Employee Stock Ownership Plan reports 125 participants - about 15% of that state average ($26M EOY assets).

North Carolina filing particulars

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

Sponsor Plan History (Morris & Associates, Inc.)

$15M$20M$25M$30M 202220232024 $19.3M $26.3M ▲ +36.2%
Total plan assets by year, all Morris & Associates, Inc. plans on file
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

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,…Columbia Forest Prod…Ecmd, Inc. Employee …Precision Walls, Inc…State Utility Contra…Recore Employee Stoc…
Morris & Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Morris & Associates, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Morris & Associates, Inc. Employee Stock Ownership Plan assets move in 2024?
Morris & Associates, Inc. Employee Stock Ownership Plan held essentially flat - up 0.0% during 2024, from $26M to $26M.
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 75th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (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 Xfmrs, Inc. Employees' Stock Ownership Plan in IN ($26M, 36 participants).

Next read for Morris & Associates, Inc. Employee Stock…

Filing takeaways

Ways to act on Morris & Associates, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Morris & Associates, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in North Carolina. Compare plans
  • Morris & Associates, Inc.'s sponsor-wide assets have grown 36.2% since 2022 across 3 plan years on file. More Manufacturing 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 560509681.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.