Retirement plan

MORRIS JAMES LLP RETIREMENT PLAN

Name: MORRIS JAMES LLP - MORRIS JAMES LLP RETIREMENT PLAN (2025) Form 5500
Creator: MORRIS JAMES LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MORRIS JAMES LLP RETIREMENT PLAN, MORRIS JAMES LLP

MORRIS JAMES LLPEIN 51-0023480Plan #001PY 2025

3205 AVENUE NORTH BLVD. SUITE 100 - WILMINGTON, DE 19803302-888-6800morrisjames.comLinkedIn51-200 employeeslaw practice

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$74.2M

+7.5% from 2024

Total participants

219

+1.4% from 2024

Average account balance

$340,586

+1.6% from 2024

Annual return

12.12%

-1.25 pp from 2024

Benchmarks

See 2,035 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort2,035 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$74.25M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$341K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

218

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.12%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$785

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
CAMBRIDGE INVESTMENT RESEARCH5 years Filed as: CAMBRIDGE INV RESEARCH INC Service code 27 · EIN 42-1445429	Advisory (Plan)	$107,910
HERITAGE PENSION ADVISORS, LLC5 years Filed as: HERITAGE ADMINISTRATIVE SERVICES Service code 99 · EIN 26-1662097	Other Fees	$33,757
THE VANGUARD GROUP, INC.5 years Filed as: VANGUARD GROUP INC. Service code 15 · EIN 23-1945930	Recordkeeping	$29,423
THE VANGUARD GROUP, INC.8 years Filed as: VANGUARD GROUP, INC. Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2A2E2F2G2J3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$171K

$1043 / participant

Contract admin$171K100.0%

% of EOY assets

0.230%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SANTORA CPA GROUP
Auditor EIN: 510284658
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$340,586

$88,360+285.5%

$145,433+134.2%

$67,986+401.0%

Participation rate

99.4%

65.5%+33.9pp

82.1%+17.3pp

57.2%+42.2pp

Annual return

12.12%

63.15%-51.0pp

66.58%-54.5pp

31.67%-19.5pp

Employer contribution / active EE

$11,300

$3,054+270.0%

$4,554+148.1%

$2,019+459.8%

Participant deferral / active EE

$10,165

$5,932+71.4%

$7,897+28.7%

$3,358+202.7%

Admin fee / account holder

$785

$3,313-76.3%

$13,129-94.0%

$3,203-75.5%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH5 years

Filed as: CAMBRIDGE INV RESEARCH INC

Service code 27 · EIN 42-1445429

Advisory (Plan)

$107,910

HERITAGE PENSION ADVISORS, LLC5 years

Filed as: HERITAGE ADMINISTRATIVE SERVICES

Service code 99 · EIN 26-1662097

Other Fees

$33,757

THE VANGUARD GROUP, INC.5 years

Filed as: VANGUARD GROUP INC.

Service code 15 · EIN 23-1945930

Recordkeeping

$29,423

THE VANGUARD GROUP, INC.8 years

Filed as: VANGUARD GROUP, INC.

Service code 15

Recordkeeping

MORRIS JAMES LLP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MORRIS JAMES LLP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion