Morton Industries, Llc 401(k) Plan: Login, Facts & Contact Information

Morton Industries, Llc 401(k) Plan Facts

Plan name
MORTON INDUSTRIES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MORTON INDUSTRIES, LLC
Participants
689 (682 active employees)
Former employees with a balance
30
Plan assets
$23,546,660 at Dec 31, 2024
Average account balance
$56,876 across 414 accounts
Employer contributions
$699,777 in plan year 2024 (33% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 1, 2011
✓ 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 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.15 million went into the plan in contributions, $699,777 of it from the employer (33%).
  • $1.11 million was paid out to participants.
  • Investment and other income added $2.54 million.
  • Administrative expenses were $83,755, about $202 per account.

How the Morton Industries, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019617$15.1 million$206,672$478,623
2020551$17.6 million$108,011$766,704
2021502$20.4 million$233,663$1.03 million
2022562$16.7 million$403,866$1.72 million
2023728$20.1 million$610,954$1.39 million
2024689$23.5 million$699,777$1.11 million

Morton Industries, Llc 401(k) Contact Information

Phone
309-263-2590
Mailing address
70 COMMERCE DR, MORTON IL 615509198
Plan sponsor
MORTON INDUSTRIES, LLC
Employer identification number (EIN)
45-2766972
Plan number
002

Questions about the Morton Industries, Llc 401(k)

Does Morton Industries, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $699,777, 33% of all contributions.

Does the Morton Industries, Llc 401(k) have automatic enrollment?

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

How many people are in the Morton Industries, Llc 401(k) plan?

689 participants at the start of plan year 2024, 682 of them active employees, and 30 former employees who still had money in the plan.

What is the average 401(k) balance at Morton Industries, Llc?

About $56,876 per account: $23.5 million in plan assets across 414 accounts with a balance at the end of plan year 2024.

Who manages the Morton Industries, Llc 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 Morton Industries, Llc. 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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