Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
MORGANITE INDUSTRIES INC.
EIN 56-1268548electrical/electronic manufacturingLatest filing 2024
Plans
4
Retirement
2
$416.8M assets
Welfare
2
$2.2M premiums
Participants
10,473
4000 WESTCHASE BOULEVARD, SUITE 170 - RALEIGH, NC 27607919-821-1253morganite.comLinkedIn11-50 employeeselectrical/electronic manufacturing
Retirement portfolio analytics
2 plans aggregated / $416.8M assets / 5,636 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
70%top
- JOHN HANCOCK LIFE INSURANCE COMPANY70%
- (Not disclosed)30%
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
2 plans / $2.2M premiums / 2,517 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$1.9M
- Life$1.6M
- Long-term disability$1.6M
- Vision$228K
Carrier market share
Premium dollars by Schedule A carrier
75%top
- HARTFORD LIFE AND ACCIDENT75%
- RELIASTAR LIFE INSURANCE COMPANY14%
- VISION SERVICE PLAN11%
Broker market share
Schedule A broker compensation
70%top
- WILLIS TOWERS WATSON US LLC70%
- MOSAIC GROUP SERVICES26%
- BENEFITFOCUS.COM, INC.4%
- BENEFIT STORE INC.0%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#002
MORGAN US EMPLOYEES' 401(K) PLAN
401k
Assets$289.8M
Participants3,108
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001
MORGAN US EMPLOYEES' RETIREMENT PLAN
TraditionalDB
Assets$127.0M
Participants2,528
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#506
MORGAN USA GROUP INSURANCE PLAN
Mixed - HARTFORD LIFE AND ACCIDENT
Premiums$2.2M
Covered lives2,517
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#501
MORGAN USA EMPLOYEES HEALTH PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 002 | MORGAN US EMPLOYEES' 401(K) PLAN | 401k | $289.8M | 3,108 | 2024 | |
| 001 | MORGAN US EMPLOYEES' RETIREMENT PLAN | TraditionalDB | $127.0M | 2,528 | 2024 |
Welfare plans2
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 506 | MORGAN USA GROUP INSURANCE PLAN | Mixed | HARTFORD LIFE AND ACCIDENT | $2.2M | 2,517 | 2024 | |
| 501 | MORGAN USA EMPLOYEES HEALTH PLAN | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans