Morganite Industries Inc. 401(k) Plan: Login, Facts & Contact Information

Morganite Industries Inc. 401(k) Plan Facts

Plan name
MORGAN US EMPLOYEES' 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MORGANITE INDUSTRIES INC.
Participants
3,104 (2,315 active employees)
Former employees with a balance
760
Plan assets
$289,844,308 at Dec 31, 2024
Average account balance
$93,257 across 3,108 accounts
Employer contributions
$9,591,003 in plan year 2024 (40% of all contributions)
Recordkeeper
John Hancock
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1985
✓ 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 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $23.9 million went into the plan in contributions, $9.59 million of it from the employer (40%).
  • $33.5 million was paid out to participants.
  • Investment and other income added $33.9 million.
  • Administrative expenses were $497,852, about $160 per account.

How the Morganite Industries Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,376$241.6 million$8.60 million$20.4 million
20203,426$256.4 million$8.33 million$31.4 million
20213,105$287.2 million$7.83 million$22.9 million
20223,008$242.6 million$8.72 million$27.0 million
20232,972$266.0 million$9.24 million$31.6 million
20243,104$289.8 million$9.59 million$33.5 million

Morganite Industries Inc. 401(k) Contact Information

Phone
919-821-1253
Mailing address
4000 WEST CHASE BLVD., SUITE 170, RALEIGH NC 27607
Plan sponsor
MORGANITE INDUSTRIES INC.
Employer identification number (EIN)
56-1268548
Plan number
002

Questions about the Morganite Industries Inc. 401(k)

Does Morganite Industries Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $9.59 million, 40% of all contributions.

Does the Morganite Industries Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Morganite Industries Inc 401(k) plan?

3,104 participants at the start of plan year 2024, 2,315 of them active employees, and 760 former employees who still had money in the plan.

What is the average 401(k) balance at Morganite Industries Inc?

About $93,257 per account: $289.8 million in plan assets across 3,108 accounts with a balance at the end of plan year 2024.

Who manages the Morganite Industries Inc 401(k) accounts?

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

I no longer work at Morganite Industries Inc. How do I access my 401(k)?

Your account stays with John Hancock 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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