The M. K. Morse Company 401(k) Plan: Login, Facts & Contact Information

The M. K. Morse Company 401(k) Plan Facts

Plan name
THE M. K. MORSE COMPANY RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE M. K. MORSE COMPANY
Participants
472 (381 active employees)
Former employees with a balance
74
Plan assets
$34,665,648 at Dec 31, 2024
Average account balance
$76,021 across 456 accounts
Employer contributions
$885,742 in plan year 2024 (30% of all contributions)
Recordkeeper
Schwab Retirement Plan Services,inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1982
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.00 million went into the plan in contributions, $885,742 of it from the employer (30%).
  • $3.12 million was paid out to participants.
  • Investment and other income added $3.52 million.
  • Administrative expenses were $46,327, about $102 per account.

How the The M. K. Morse Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019407$21.8 million$700,000$1.06 million
2020450$26.2 million$762,324$674,264
2021430$30.8 million$855,963$993,101
2022475$26.0 million$942,836$3.19 million
2023491$31.3 million$894,760$1.68 million
2024472$34.7 million$885,742$3.12 million

The M. K. Morse Company 401(k) Contact Information

Phone
330-453-8187
Mailing address
1101 11TH STREET S.E., CANTON OH 44707
Plan sponsor
THE M. K. MORSE COMPANY
Employer identification number (EIN)
34-1575148
Plan number
002

Questions about the The M. K. Morse Company 401(k)

Does The M. K. Morse Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $885,742, 30% of all contributions.

Does the The M. K. Morse Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the The M. K. Morse Company 401(k) plan?

472 participants at the start of plan year 2024, 381 of them active employees, and 74 former employees who still had money in the plan.

What is the average 401(k) balance at The M. K. Morse Company?

About $76,021 per account: $34.7 million in plan assets across 456 accounts with a balance at the end of plan year 2024.

Who manages the The M. K. Morse Company 401(k) accounts?

Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES,INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at The M. K. Morse Company. How do I access my 401(k)?

Your account stays with Schwab Retirement Plan 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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