Morse Operations Inc. 401(k) Plan: Login, Facts & Contact Information

Morse Operations Inc. 401(k) Plan Facts

Plan name
MORSE OPERATIONS, INC. 401(K) RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MORSE OPERATIONS INC.
Participants
2,624 (2,883 active employees)
Former employees with a balance
552
Plan assets
$98,479,853 at Dec 31, 2024
Average account balance
$34,885 across 2,823 accounts
Employer contributions
$1,990,713 in plan year 2024 (14% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 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 22, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $14.0 million went into the plan in contributions, $1.99 million of it from the employer (14%).
  • $9.89 million was paid out to participants.
  • Investment and other income added $11.9 million.
  • Administrative expenses were $284,016, about $101 per account.

How the Morse Operations Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,084$50.3 million$770,539$5.43 million
20201,364$57.4 million$223,856$7.48 million
20211,470$67.9 million$1.15 million$6.19 million
20221,598$62.1 million$1.55 million$4.94 million
20232,115$82.8 million$1.66 million$7.40 million
20242,624$98.5 million$1.99 million$9.89 million

Morse Operations Inc. 401(k) Contact Information

Phone
561-455-1111
Mailing address
2850 S. FEDERAL HWY., DELRAY BEACH FL 33483
Plan sponsor
MORSE OPERATIONS INC.
Employer identification number (EIN)
59-0558323
Plan number
001

Questions about the Morse Operations Inc. 401(k)

Does Morse Operations Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.99 million, 14% of all contributions.

Does the Morse Operations Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Morse Operations Inc 401(k) plan?

2,624 participants at the start of plan year 2024, 2,883 of them active employees, and 552 former employees who still had money in the plan.

What is the average 401(k) balance at Morse Operations Inc?

About $34,885 per account: $98.5 million in plan assets across 2,823 accounts with a balance at the end of plan year 2024.

Who manages the Morse Operations Inc 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 Morse Operations Inc. 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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