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MORRIS AND MORRIS LLC VIP PLAN 401k Plan overview

Plan NameMORRIS AND MORRIS LLC VIP PLAN
Plan identification number 002

MORRIS AND MORRIS LLC VIP PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

MORRIS AND MORRIS LLC, COUNSELORS AT LAW has sponsored the creation of one or more 401k plans.

Company Name:MORRIS AND MORRIS LLC, COUNSELORS AT LAW
Employer identification number (EIN):030380803
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MORRIS AND MORRIS LLC VIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-01-01KAREN MORRIS2021-09-23 KAREN MORRIS2021-09-23
0022020-01-01KAREN MORRIS2021-09-23 KAREN MORRIS2021-09-23
0022019-01-01KAREN MORRIS2020-09-23 KAREN MORRIS2020-09-23
0022018-01-01KAREN MORRIS2019-10-02 KAREN MORRIS2019-10-02
0022017-01-01KAREN MORRIS2018-10-03 KAREN MORRIS2018-10-03
0022016-01-01KAREN MORRIS2017-10-05 KAREN MORRIS2017-10-05
0022015-01-01KAREN MORRIS2016-10-11 KAREN MORRIS2016-10-11
0022014-01-01KAREN MORRIS2015-09-03 KAREN MORRIS2015-09-03
0022013-01-01KAREN MORRIS2014-09-30 KAREN MORRIS2014-09-30
0022012-01-01KAREN MORRIS2014-06-30 KAREN MORRIS2014-06-30
0022011-01-01KAREN MORRIS2014-06-30 KAREN MORRIS2014-06-30
0022010-01-01KAREN MORRIS2014-06-30 KAREN MORRIS2014-06-30

Plan Statistics for MORRIS AND MORRIS LLC VIP PLAN

401k plan membership statisitcs for MORRIS AND MORRIS LLC VIP PLAN

Measure Date Value
2021: MORRIS AND MORRIS LLC VIP PLAN 2021 401k membership
Market value of plan assets2021-07-313,360,974
Acturial value of plan assets2021-07-313,360,974
Funding target for retired participants and beneficiaries receiving payment2021-07-310
Number of terminated vested participants2021-07-310
Fundng target for terminated vested participants2021-07-310
Active participant vested funding target2021-07-313,173,959
Number of active participants2021-07-313
Total funding liabilities for active participants2021-07-313,173,959
Total participant count2021-07-313
Total funding target for all participants2021-07-313,173,959
Balance at beginning of prior year after applicable adjustments2021-07-310
Prefunding balance at beginning of prior year after applicable adjustments2021-07-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-07-310
Prefunding balanced used to offset prior years funding requirement2021-07-310
Amount remaining of carryover balance2021-07-310
Amount remaining of prefunding balance2021-07-310
Present value of excess contributions2021-07-3122,625
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-07-3123,449
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-07-310
Reductions in caryover balances due to elections or deemed elections2021-07-310
Reductions in prefunding balances due to elections or deemed elections2021-07-310
Balance of carryovers at beginning of current year2021-07-310
Balance of prefunding at beginning of current year2021-07-310
Total employer contributions2021-07-310
Total employee contributions2021-07-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-07-310
Contributions made to avoid restrictions adjusted to valuation date2021-07-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-07-310
Unpaid minimum required contributions for all prior years2021-07-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-07-310
Remaining amount of unpaid minimum required contributions2021-07-310
Minimum required contributions for current year target normal cost2021-07-310
Net shortfall amortization installment of oustanding balance2021-07-310
Waiver amortization installment2021-07-310
Total funding amount beforereflecting carryover/prefunding balances2021-07-310
Carryover balance elected to use to offset funding requirement2021-07-310
Prefunding balance elected to use to offset funding requirement2021-07-310
Additional cash requirement2021-07-310
Contributions allocatedtoward minimum required contributions for current year2021-07-310
Unpaid minimum required contributions for current year2021-07-310
Unpaid minimum required contributions for all years2021-07-310
2020: MORRIS AND MORRIS LLC VIP PLAN 2020 401k membership
Market value of plan assets2020-12-311,944,150
Acturial value of plan assets2020-12-311,944,150
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-311,867,264
Number of active participants2020-12-313
Total funding liabilities for active participants2020-12-311,867,264
Total participant count2020-12-313
Total funding target for all participants2020-12-311,867,264
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-3121,580
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3122,635
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-311,160,320
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-311,109,959
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-311,164,220
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-311,087,334
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-311,087,334
Contributions allocatedtoward minimum required contributions for current year2020-12-311,109,959
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: MORRIS AND MORRIS LLC VIP PLAN 2019 401k membership
Market value of plan assets2019-12-311,605,997
Acturial value of plan assets2019-12-311,605,997
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-311,520,791
Number of active participants2019-12-313
Total funding liabilities for active participants2019-12-311,520,791
Total participant count2019-12-313
Total funding target for all participants2019-12-311,520,791
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-3122,891
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-3121,580
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-310
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-3121,580
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: MORRIS AND MORRIS LLC VIP PLAN 2018 401k membership
Market value of plan assets2018-12-311,685,219
Acturial value of plan assets2018-12-311,685,219
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-311,491,806
Number of active participants2018-12-314
Total funding liabilities for active participants2018-12-311,491,806
Total participant count2018-12-314
Total funding target for all participants2018-12-311,491,806
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-310
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-310
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: MORRIS AND MORRIS LLC VIP PLAN 2017 401k membership
Market value of plan assets2017-12-311,448,592
Acturial value of plan assets2017-12-311,448,592
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-311,255,406
Number of active participants2017-12-314
Total funding liabilities for active participants2017-12-311,255,406
Total participant count2017-12-314
Total funding target for all participants2017-12-311,255,406
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-310
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-310
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: MORRIS AND MORRIS LLC VIP PLAN 2016 401k membership
Market value of plan assets2016-12-311,353,141
Acturial value of plan assets2016-12-311,353,141
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-311,151,812
Number of active participants2016-12-314
Total funding liabilities for active participants2016-12-311,151,812
Total participant count2016-12-314
Total funding target for all participants2016-12-311,151,812
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-310
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-310
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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