Morgan Properties 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2013. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Morgan Properties 401(k) Plan Facts (plan year 2013)

Plan name
MORGAN PROPERTIES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MORGAN PROPERTIES
Participants
687 (550 active employees)
Former employees with a balance
87
Plan assets
$10,703,815 at Dec 31, 2013
Average account balance
$19,114 across 560 accounts
Employer contributions
$528,467 in plan year 2013 (30% of all contributions)
Plan year
Jan 1, 2013 – Dec 31, 2013
Plan established
Jan 1, 1995
✓ 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 2013 (Jan 1, 2013 – Dec 31, 2013), filed Oct 14, 2014. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2013

  • $1.74 million went into the plan in contributions, $528,467 of it from the employer (30%).
  • $1.20 million was paid out to participants.
  • Investment and other income added $1.86 million.
  • Administrative expenses were $41,237, about $74 per account.

How the Morgan Properties 401(k) changed, 2009–2013

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009701$5.80 million$259,610$1.05 million
2010826$7.28 million$302,287$557,415
2011803$6.93 million$353,844$1.44 million
2012687$8.35 million$491,850$978,630
2013687$10.7 million$528,467$1.20 million

Morgan Properties 401(k) Contact Information

Phone
610-265-2800
Mailing address
160 CLUBHOUSE DR., KING OF PRUSSIA PA 19406
Plan sponsor
MORGAN PROPERTIES
Employer identification number (EIN)
23-2458298
Plan number
001

Questions about the Morgan Properties 401(k)

Is the Morgan Properties 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2013, and no later filing was found under this employer's EIN.

Does Morgan Properties contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2013 the employer contributed $528,467, 30% of all contributions.

Does the Morgan Properties 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Morgan Properties 401(k) plan?

687 participants at the start of plan year 2013, 550 of them active employees, and 87 former employees who still had money in the plan.

What is the average 401(k) balance at Morgan Properties?

About $19,114 per account: $10.7 million in plan assets across 560 accounts with a balance at the end of plan year 2013.

Who manages the Morgan Properties 401(k) accounts?

Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.

Related Companies
Headquarter: 16TH FLOOR 20 NORTH ORANGE AVENUE, ORLANDO, FL, 32801
Headquarter: 227 WASHINGTON STREET, CONSHOHOCKEN, PA, 19428
Headquarter: 79 FIFTH AVENUE 3RD FLOOR, NEW YORK, NY, 10003
Headquarter: 151 N FRANKLIN ST 18TH FLOOR, CHICAGO, IL, 60606
Headquarter: 7000 EAST AVENUE L640, LIVERMORE, CA, 94550