Moran Towing Corporation 401(k) Plan: Login, Facts & Contact Information

Moran Towing Corporation 401(k) Plan Facts

Plan name
MORAN TOWING CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MORAN TOWING CORPORATION
Participants
1,098 (1,670 active employees)
Former employees with a balance
392
Plan assets
$295,952,979 at Dec 31, 2024
Average account balance
$152,789 across 1,937 accounts
Employer contributions
$8,718,252 in plan year 2024 (44% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1951
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 25, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $19.7 million went into the plan in contributions, $8.72 million of it from the employer (44%).
  • $25.6 million was paid out to participants.
  • Investment and other income added $30.2 million.
  • Administrative expenses were $72,876, about $38 per account.

How the Moran Towing Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,083$207.6 million$6.95 million$14.3 million
20201,094$235.8 million$6.08 million$19.5 million
20211,091$247.2 million$5.66 million$30.8 million
20221,065$202.3 million$6.92 million$21.0 million
20231,071$235.5 million$8.06 million$20.0 million
20241,098$296.0 million$8.72 million$25.6 million

Moran Towing Corporation 401(k) Contact Information

Phone
203-442-2867
Mailing address
50 LOCUST AVE, NEW CANAAN CT 068404737
Plan sponsor
MORAN TOWING CORPORATION
Employer identification number (EIN)
13-5256830
Plan number
001

Questions about the Moran Towing Corporation 401(k)

Does Moran Towing Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $8.72 million, 44% of all contributions.

Does the Moran Towing Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Moran Towing Corporation 401(k) plan?

1,098 participants at the start of plan year 2024, 1,670 of them active employees, and 392 former employees who still had money in the plan.

What is the average 401(k) balance at Moran Towing Corporation?

About $152,789 per account: $296.0 million in plan assets across 1,937 accounts with a balance at the end of plan year 2024.

Who manages the Moran Towing Corporation 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Moran Towing Corporation. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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