Profit Sharing · DOL Form 5500 · 2024

Morning Glory Solutions, Inc. Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
5
Participants Small participant base
26th
Percentile by assets National rank
$273,923
Avg per participant High balance/head
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Official DOL plan name: Morning Glory Solutions, Inc. Profit Sharing Plan · Sponsored by Morning Glory Solutions, Inc. · North Carolina · Professional & Technical Services

$1M in assets, 5 participants

Morning Glory Solutions, Inc.'s Morning Glory Solutions, Inc. Profit Sharing Plan reported $1M in total assets and 5 participants in its 2024 DOL Form 5500 filing, ranking in the 26th 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.

  • #4,244 in Professional & Technical Services (20,173 peers)

2024 asset change

Morning Glory Solutions, Inc. Profit Sharing Plan pulled back noticeably 8.6% in 2024 ($1M → $1M) for 5 participants.

#4,244
in Professional & Technical Services (20,173 peers)
-8.6%
assets change YoY

The plan reported a net loss of $129K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Morning Glory Solutions, Inc. Profit Sharing Plan among the smaller filed plans by assets

Morning Glory Solutions, Inc. Profit Sharing Plan vs every filed plan by assets

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

$1,369,613 26th percentile higher than 26% 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

Morning Glory Solutions, Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Morning Glory Solutions, Inc. Profit Sharing Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Morning Glory Solutions, Inc. Profit Sharing Plan reported net income fell from $12K in the plan year 2023 filing to -$129K in the plan year 2024 filing.
  • Morning Glory Solutions, Inc. Profit Sharing Plan reported participants rose from 4 in the plan year 2023 filing to 5 in the plan year 2024 filing.
  • Morning Glory Solutions, Inc. Profit Sharing Plan end-of-year assets fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 262868545 · Morning Glory Solutions, Inc. PY 2024 · Profit Sharing

Morning Glory Solutions, Inc. Profit Sharing Plan · $1M · 5 · 26th

  • PHOTO $1M
  • PHOTO 5
  • PHOTO 26th
  • PHOTO Profit Sharing
  • PHOTO near Baronick Funeral Home & Crematorium Psp
  • PHOTO ind #4244

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 Professional & Technical Services retirement plans → · Plans in North Carolina →

Morning Glory Solutions, Inc. Profit Sharing Plan in the asset neighbourhood

Morning Glory Solutions, Inc. Profit Sharing PlanMorning Glory Solutions, Inc…$1MBaronick Funeral Home & Crematorium PspBaronick Funeral Home & Crem…$1MDiversified Forest Services, Inc. Profit Sharing PlanDiversified Forest Services,…$1MAxel Wilberto Velez Santiago Csp Retirement PlanAxel Wilberto Velez Santiago…$1MHarold W. Bishop Agency Profit Sharing PlanHarold W. Bishop Agency Prof…$1M
End-of-year total assets ($M) among Morning Glory Solutions, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Morning Glory Solutions, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Morning Glory Solutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 7.860260539862707% vs 2022
2024 filing year
$1.35M$1.4M$1.45M$1.5M$1.55M 202220232024 $1.49M $1.37M ▼ -8.1%
Year Plans Participants Total Assets
2022 1 5 $1M
2023 1 4 $1M
2024 1 5 $1M

2024 asset-move particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income-$129K
Employer EIN262868545
Plan Effective Date2008-06-24
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in North Carolina

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

Morning Glory Solutions, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10123 Total assets ($B) Participants Morning Glory Solutions, Inc. Profit Sharing Plan, Total assets ($B): 0.001369613 · Participants: 5Morning Glory Solutions, Inc. Profit Sharing PlanTax Deferred Savings Plan of Novant Health, Inc., Total assets ($B): 2.543711307 · Participants: 38137Tax Deferred Savings Plan of Novant Health, Inc.Charter Communications, Inc. Retirement Accumulation Plan, Total assets ($B): 1.475076189 · Participants: 96794Charter Communications, Inc. Retirement Accumulation PlanFirsthealth of the Carolinas, Inc. Retirement Growth Plan, Total assets ($B): 0.121170094 · Participants: 5933Firsthealth of the Carolinas, Inc. Retirement Growth PlanBaker & Taylor Retirement Savings Plan, Total assets ($B): 0.073097403 · Participants: 1336Baker & Taylor Retirement Savings PlanWhap PA Profit Sharing Plan, Total assets ($B): 0.049559221 · Participants: 0Whap PA Profit Sharing Plan
Morning Glory Solutions, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Morning Glory Solutions, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside North Carolina, the nearest Profit Sharing by assets is Baronick Funeral Home & Crematorium Psp in PA ($1M); by covered participants it is Rl Barron Holdings Inc. Retirement Plan in GA (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 Morning Glory Solutions, Inc. Profit Sharing Plan assets move in 2024?
Morning Glory Solutions, Inc. Profit Sharing Plan pulled back noticeably - down 8.6% during 2024, from $1M to $1M. Reported net income was -$129K.
How have Morning Glory Solutions, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Morning Glory Solutions, Inc.'s sponsor-wide assets declined 7.9%, from $1M to $1M.
Which Profit Sharing plans are similar in size to Morning Glory Solutions, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Baronick Funeral Home & Crematorium Psp in PA ($1M, 4 participants).
Which Profit Sharing plans cover a similar participant headcount to Morning Glory Solutions, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Rl Barron Holdings Inc. Retirement Plan in GA (5 participants, $735K in assets).