Plan Ledger DOL Form 5500 · updated monthly

Morgan & Morgan P A401(k)

MORGAN & MORGAN P A 401(K) PROFIT SHARING PLAN & TRUST · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.21%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Morgan & Morgan P A reported $363,810 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $760 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.23% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 189th-largest of 3,644 plans among Florida employers on file, and the 831st of 11,654 in professional & technical services. In 2024, employees put in $6.57 for every $1.00 the employer contributed; active participation has grown from 3,318 to 4,754 since 2022.

Plan summary
Net assets, end of year$192,748,299
Participants with balances5,031
Active participants4,754
Employer contributions$3,615,105
Employee contributions$23,749,934
Employer contribution per active participant$760
Average account balance$38,312
Benefits paid to participants$20,231,843
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$192.7M · 5,031 accts · $3.6M emplr
2023$156.5M · 4,830 accts · $3.9M emplr
2022$119.1M · 4,032 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$264,099
Investment management$99,711
Total administrative$363,810
The Morgan & Morgan P A 401(k) match · 2024
Employer contribution per active participant$760
Median for plans this size$3,635
2024$760 per active participant
2023$926 per active participant
2022$865 per active participant

Morgan & Morgan P A's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
SHUSTER ADVISORY GROUP LLC · Investment advisory (plan)$82,996
EMPOWER ADVISORY GROUP, LLC · Investment management$16,714

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$363,810 · 0.21%
2023$316,392 · 0.23%
2022$290,619 · 0.23%
Same employer
Similar plansProfessional & Technical Services · Florida
Opko Health, Inc. FL$225.1M · 0.20%
Grayrobinson, P.A. FL$221.7M · 0.02%
Magic Leap, Inc. FL$183.9M · 0.18%
Verifone, Inc. FL$178.2M · 0.09%
Oxbow Carbon LLC FL$177.2M · 0.01%
Oxbow Carbon LLC FL$177.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592920684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.