Profit Sharing · DOL Form 5500 · 2024

Morgan Energy Corporation Profit Sharing Plan

Data updated 2026-07-24

$20M
Total assets
1
Participants
70th
Percentile by assets
$20.0M
Avg per participant
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Official DOL plan name: Morgan Energy Corporation Profit Sharing Plan · Sponsored by Morgan Energy Corporation · Colorado · Mining & Oil Extraction

$20M in assets, 1 participants

Morgan Energy Corporation's Morgan Energy Corporation Profit Sharing Plan reported $20M in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • 70th percentile by assets (of 116,472 plans)

Morgan Energy Corporation multi-year trail

Morgan Energy Corporation's plans moved +72.3% in assets from 2022 to 2024; this filing shows Morgan Energy Corporation Profit Sharing Plan at $20M / 1 participant.

$20M
total plan assets (2024 EOY)
1
covered participants
70th
percentile by assets (of 116,472 plans)
$20.0M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Morgan Energy Corporation Profit Sharing Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Morgan Energy Corporation Profit Sharing Plan end-of-year assets rose from $16M in the plan year 2023 filing to $20M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Morgan Energy Corporation across 3 plan years on file

Across the 3 plan years Morgan Energy Corporation has on file (2022-2024), sponsor-wide plan assets have moved from $12M to $20M, a gain of 72.3%, while reported participants moved from 1 to 1 (+0.0%). Peak year by sponsor assets: 2024 ($20M); trough: 2022 ($12M).

Morgan Energy Corporation multi-year asset trail

$10M$15M$20M$25M 202220232024 $11.6M $20M ▲ +72.3%
Total plan assets by year, all Morgan Energy Corporation plans on file
Year Plans Participants Total Assets
2022 1 1 $12M
2023 1 1 $16M
2024 1 1 $20M

Morgan Energy Corporation filing trail (2024)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$20M
Net Income$4M
Employer EIN261491618
Plan Effective Date1987-02-01
Filing StatusFILING RECEIVED

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

Morgan Energy Corporation Profit Sharing Plan vs. nearby Profit Sharing plans in Colorado, assets vs. participants Scatter plot of 6 data points. -500050010001500 020406080 Total assets ($M) Participants Morgan Energy Corpor…Hensel Phelps Hourly…Liberty Pr Mobility …Peterson Company Pro…Retirement Plan of P…Oates Knezevich Gard…
Morgan Energy Corporation Profit Sharing Plan vs. nearby Profit Sharing plans in Colorado, assets vs. participants

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 2024?
Morgan Energy Corporation Profit Sharing Plan grew sharply - up 22.3% during 2024, from $16M to $20M. Reported net income was $4M.
How have Morgan Energy Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Morgan Energy Corporation's sponsor-wide assets grew 72.3%, from $12M to $20M.
Which Profit Sharing plans are similar in size to Morgan Energy Corporation Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Teamsters Local 727 Trade Show 401(k) Plan in IL ($20M, 1,077 participants).

Next read for Morgan Energy Corporation Profit Sharing…

Multi-year trail

Ways to act on Morgan Energy Corporation Profit Sharing Plan's numbers.

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 261491618.

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