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

Morgan Properties Payroll Svcs 401(k) Plan Facts

Plan name
MORGAN PROPERTIES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MORGAN PROPERTIES PAYROLL SVCS
Participants
2,939 (2,916 active employees)
Former employees with a balance
446
Plan assets
$77,991,198 at Dec 31, 2024
Average account balance
$26,555 across 2,937 accounts
Employer contributions
$3,394,161 in plan year 2024 (26% of all contributions)
Recordkeeper
Adp, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 26, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $13.3 million went into the plan in contributions, $3.39 million of it from the employer (26%).
  • $7.79 million was paid out to participants.
  • Investment and other income added $9.65 million.
  • Administrative expenses were $255,157, about $87 per account.

How the Morgan Properties Payroll Svcs 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,692$30.7 million$1.36 million$2.71 million
20202,400$39.5 million$1.84 million$4.41 million
20212,248$51.2 million$2.20 million$3.97 million
20222,333$47.6 million$2.52 million$4.60 million
20232,499$63.2 million$2.90 million$5.40 million
20242,939$78.0 million$3.39 million$7.79 million

Morgan Properties Payroll Svcs 401(k) Contact Information

Phone
610-945-1530
Mailing address
227 WASHINGTON STREET, CONSHOHOCKEN PA 19428
Plan sponsor
MORGAN PROPERTIES PAYROLL SVCS
Employer identification number (EIN)
23-2852119
Plan number
001

Questions about the Morgan Properties Payroll Svcs 401(k)

Does Morgan Properties Payroll Svcs contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.39 million, 26% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

2,939 participants at the start of plan year 2024, 2,916 of them active employees, and 446 former employees who still had money in the plan.

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

About $26,555 per account: $78.0 million in plan assets across 2,937 accounts with a balance at the end of plan year 2024.

Who manages the Morgan Properties Payroll Svcs 401(k) accounts?

ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Morgan Properties Payroll Svcs. How do I access my 401(k)?

Your account stays with ADP Retirement Services 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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