Morgan Properties Payroll Services Incorporated

61
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
61
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (30)
Average in Peer Group (76)
Highest in Peer Group (90)

Plan Description

Morgan Properties 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Total Plan Cost. Morgan Properties 401k Plan currently has over 2,100 active participants and over $30.7M in plan assets.

Did you know?

For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (61) and the top rated plan (90) could equate to:
16
Additional years of work
202,831
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 160 Clubhouse Drive
  • Location
    King Of Prussia , PA
  • 19406
  • Industry
    Lessors of Residential Buildings and Dwellings
  • Administrator
    Krista Reynolds
  • Net Plan Assets
    $30,700,000
  • Total Participants
    2,200
  • Avg Account Balance
    $15,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Above Average
Salary Deferrals:
Below Avg.
Account Balance:
Poor

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Average
Salary Deferrals:
Below Avg.
Account Balance:
Poor

Peer Group Plans

Company Rating
Holland Residential, LLC 77.3
UDR 69.8
Weidner Property Management LLC 64.2
Bell Partners 63.5
HHHunt 58.3
CSM 54.0

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

35

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Wilmington Trust Corp. flexPATH Index + Moderate 54%
N/A
Fidelity Total Market Index 5%
30%
Fidelity Contrafund 5%
77%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
ADP
Auditor
Jonathan Furlow CPA

Articles and Questions

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