Morgan Services, Inc. 401(k) Plan: Login, Facts & Contact Information

Morgan Services, Inc. 401(k) Plan Facts

Plan name
MORGAN SERVICES, INC. SAVINGS PLUS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MORGAN SERVICES, INC.
Participants
769 (619 active employees)
Former employees with a balance
100
Plan assets
$32,773,134 at Dec 31, 2024
Average account balance
$51,128 across 641 accounts
Employer contributions
$775,619 in plan year 2024 (34% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1987
✓ 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 Oct 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.29 million went into the plan in contributions, $775,619 of it from the employer (34%).
  • $2.53 million was paid out to participants.
  • Investment and other income added $4.08 million.
  • Administrative expenses were $81,429, about $127 per account.

How the Morgan Services, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019729$21.9 million$150,976$813,950
2020845$22.9 million$149,894$2.80 million
2021600$24.6 million$107,224$2.24 million
2022687$20.2 million$776,081$1.46 million
2023753$28.7 million$763,585$1.14 million
2024769$32.8 million$775,619$2.53 million

Morgan Services, Inc. 401(k) Contact Information

Phone
312-346-3181
Mailing address
205 N MICHIGAN AVE STE 4100, CHICAGO IL 60601
Plan sponsor
MORGAN SERVICES, INC.
Employer identification number (EIN)
36-2904675
Plan number
040

Questions about the Morgan Services, Inc. 401(k)

Does Morgan Services, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $775,619, 34% of all contributions.

Does the Morgan Services, Inc 401(k) have automatic enrollment?

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

How many people are in the Morgan Services, Inc 401(k) plan?

769 participants at the start of plan year 2024, 619 of them active employees, and 100 former employees who still had money in the plan.

What is the average 401(k) balance at Morgan Services, Inc?

About $51,128 per account: $32.8 million in plan assets across 641 accounts with a balance at the end of plan year 2024.

Who manages the Morgan Services, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Morgan Services, Inc. How do I access my 401(k)?

Your account stays with Principal 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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