Plan Ledger DOL Form 5500 · updated monthly

Morris Group, Inc.401(k)

MORRIS GROUP, INC. 401(K) PLAN · WINDSOR, CT · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Morris Group, Inc. reported $121,854 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $2,917 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 3 years on file its reported administrative ratio has held roughly steady near 0.089%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 138th-largest of 1,106 plans among Connecticut employers on file, and the 1,443rd of 13,661 in manufacturing. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has grown from 883 to 1,057 since 2022.

Plan summary
Net assets, end of year$146,496,602
Participants with balances1,260
Active participants1,057
Employer contributions$3,083,477
Employee contributions$9,506,743
Employer contribution per active participant$2,917
Average account balance$116,267
Benefits paid to participants$15,287,259
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$146.5M · 1,260 accts · $3.1M emplr
2023$127.6M · 1,172 accts · $3.9M emplr
2022$104.4M · 1,063 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,519
Investment management$37,335
Total administrative$121,854
The Morris Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,917
Median for plans this size$3,635
2024$2,917 per active participant
2023$3,994 per active participant
2022$2,943 per active participant

Morris Group, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$84,519
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$37,335

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$121,854 · 0.09%
2023$100,563 · 0.09%
2022$101,146 · 0.09%
Same employer
Similar plansManufacturing · Connecticut
Cenveo Worldwide Limited CT$180.0M · 0.16%
Davis-Standard, LLC CT$172.9M · 0.08%
Swisher International Inc CT$122.3M · 0.03%
Byk USA Inc. CT$116.5M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 060610609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.