401k Plan data: MORGAN PROPERTIES 401(K) PLAN plan

MORGAN PROPERTIES 401(K) PLAN 401k Plan overview

Plan Name	MORGAN PROPERTIES 401(K) PLAN
Plan identification number	001

MORGAN PROPERTIES 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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

MORGAN PROPERTIES has sponsored the creation of one or more 401k plans.

Company Name: MORGAN PROPERTIES

Employer identification number (EIN): 232458298

NAIC Classification: 531310

Additional information about MORGAN PROPERTIES

Jurisdiction of Incorporation: Georgia Department of States Corporations Division

Incorporation Date:

Company Identification Number: 2133884

More information about MORGAN PROPERTIES

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MORGAN PROPERTIES 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2013-01-01 KRISTA REYNOLDS J. PATRICK OGRADY 2014-10-14
001 2012-01-01 KRISTA REYNOLDS J. PATRICK OGRADY 2013-10-15
001 2011-01-01 KRISTA REYNOLDS J. PATRICK OGRADY 2012-09-28
001 2010-01-01 KRISTA REYNOLDS J. PATRICK OGRADY 2011-10-14
001 2009-01-01 KRISTA REYNOLDS J. PATRICK OGRADY 2010-10-14

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2013-01-01	KRISTA REYNOLDS	J. PATRICK OGRADY	2014-10-14
001	2012-01-01	KRISTA REYNOLDS	J. PATRICK OGRADY	2013-10-15
001	2011-01-01	KRISTA REYNOLDS	J. PATRICK OGRADY	2012-09-28
001	2010-01-01	KRISTA REYNOLDS	J. PATRICK OGRADY	2011-10-14
001	2009-01-01	KRISTA REYNOLDS	J. PATRICK OGRADY	2010-10-14

Plan Statistics for MORGAN PROPERTIES 401(K) PLAN

401k plan membership statisitcs for MORGAN PROPERTIES 401(K) PLAN

Measure Date Value
2013: MORGAN PROPERTIES 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 687
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 550
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 87
Total of all active and inactive participants 2013-01-01 637
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 637
Number of participants with account balances 2013-01-01 560
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 99
2012: MORGAN PROPERTIES 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 687
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 605
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 81
Total of all active and inactive participants 2012-01-01 686
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 1
Total participants 2012-01-01 687
Number of participants with account balances 2012-01-01 601
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 87
2011: MORGAN PROPERTIES 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 803
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 615
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 71
Total of all active and inactive participants 2011-01-01 686
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 687
Number of participants with account balances 2011-01-01 595
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 35
2010: MORGAN PROPERTIES 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 826
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 745
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 55
Total of all active and inactive participants 2010-01-01 800
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 3
Total participants 2010-01-01 803
Number of participants with account balances 2010-01-01 362
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 20
2009: MORGAN PROPERTIES 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 701
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 732
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 93
Total of all active and inactive participants 2009-01-01 825
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 826
Number of participants with account balances 2009-01-01 401
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 22

Measure	Date	Value
2013: MORGAN PROPERTIES 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	687
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	550
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	87
Total of all active and inactive participants	2013-01-01	637
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	637
Number of participants with account balances	2013-01-01	560
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	99
2012: MORGAN PROPERTIES 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	687
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	605
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	81
Total of all active and inactive participants	2012-01-01	686
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	1
Total participants	2012-01-01	687
Number of participants with account balances	2012-01-01	601
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	87
2011: MORGAN PROPERTIES 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	803
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	615
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	71
Total of all active and inactive participants	2011-01-01	686
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	687
Number of participants with account balances	2011-01-01	595
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	35
2010: MORGAN PROPERTIES 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	826
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	745
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	55
Total of all active and inactive participants	2010-01-01	800
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	3
Total participants	2010-01-01	803
Number of participants with account balances	2010-01-01	362
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	20
2009: MORGAN PROPERTIES 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	701
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	732
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	93
Total of all active and inactive participants	2009-01-01	825
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	826
Number of participants with account balances	2009-01-01	401
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	22

Financial Data on MORGAN PROPERTIES 401(K) PLAN

Measure	Date	Value
2013 : MORGAN PROPERTIES 401(K) PLAN 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets	2013-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$0
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total transfer of assets to this plan	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Expenses. Interest paid	2013-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$3,600,910
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$1,249,616
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$1,200,296
Expenses. Certain deemed distributions of participant loans	2013-12-31	$0
Value of total corrective distributions	2013-12-31	$8,083
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,741,529
Value of total assets at end of year	2013-12-31	$10,703,815
Value of total assets at beginning of year	2013-12-31	$8,352,521
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$41,237
Total income from rents	2013-12-31	$0
Total interest from all sources	2013-12-31	$17,926
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$515,982
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$515,982
Assets. Real estate other than employer real property at end of year	2013-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2013-12-31	$0
Administrative expenses professional fees incurred	2013-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2013-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2013-12-31	$0
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$2,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$1,157,782
Participant contributions at end of year	2013-12-31	$315,178
Participant contributions at beginning of year	2013-12-31	$249,490
Participant contributions at end of year	2013-12-31	$0
Participant contributions at beginning of year	2013-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2013-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2013-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$55,280
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$0
Assets. Loans (other than to participants) at end of year	2013-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$0
Other income not declared elsewhere	2013-12-31	$0
Administrative expenses (other) incurred	2013-12-31	$41,237
Liabilities. Value of operating payables at end of year	2013-12-31	$0
Liabilities. Value of operating payables at beginning of year	2013-12-31	$0
Total non interest bearing cash at end of year	2013-12-31	$0
Total non interest bearing cash at beginning of year	2013-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Income. Non cash contributions	2013-12-31	$0
Value of net income/loss	2013-12-31	$2,351,294
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$10,703,815
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$8,352,521
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Assets. partnership/joint venture interests at end of year	2013-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2013-12-31	$0
Investment advisory and management fees	2013-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$9,679,575
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$7,327,880
Value of interest in pooled separate accounts at end of year	2013-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2013-12-31	$0
Interest on participant loans	2013-12-31	$17,837
Income. Interest from loans (other than to participants)	2013-12-31	$0
Interest earned on other investments	2013-12-31	$0
Income. Interest from US Government securities	2013-12-31	$0
Income. Interest from corporate debt instruments	2013-12-31	$0
Value of interest in master investment trust accounts at end of year	2013-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2013-12-31	$0
Value of interest in common/collective trusts at end of year	2013-12-31	$0
Value of interest in common/collective trusts at beginning of year	2013-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$709,062
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$775,151
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$775,151
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$89
Assets. Value of investments in 103.12 investment entities at end of year	2013-12-31	$0
Assets. Value of investments in 103.12 investment entities at beginning of year	2013-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2013-12-31	$0
Asset value of US Government securities at end of year	2013-12-31	$0
Asset value of US Government securities at beginning of year	2013-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$1,325,473
Net investment gain/loss from pooled separate accounts	2013-12-31	$0
Net investment gain or loss from common/collective trusts	2013-12-31	$0
Net gain/loss from 103.12 investment entities	2013-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Assets. Invements in employer securities at end of year	2013-12-31	$0
Assets. Invements in employer securities at beginning of year	2013-12-31	$0
Assets. Value of employer real property at end of year	2013-12-31	$0
Assets. Value of employer real property at beginning of year	2013-12-31	$0
Contributions received in cash from employer	2013-12-31	$528,467
Employer contributions (assets) at end of year	2013-12-31	$0
Employer contributions (assets) at beginning of year	2013-12-31	$0
Income. Dividends from preferred stock	2013-12-31	$0
Income. Dividends from common stock	2013-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$1,200,296
Asset. Corporate debt instrument preferred debt at end of year	2013-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2013-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2013-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2013-12-31	$0
Contract administrator fees	2013-12-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2013-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2013-12-31	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2013-12-31	$0
Liabilities. Value of benefit claims payable at end of year	2013-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2013-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2013-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2013-12-31	$0
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Aggregate proceeds on sale of assets	2013-12-31	$0
Aggregate carrying amount (costs) on sale of assets	2013-12-31	$0
Liabilities. Value of acquisition indebtedness at end of year	2013-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2013-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	JONATHAN G FURLOW, CPA
Accountancy firm EIN	2013-12-31	223513000
2012 : MORGAN PROPERTIES 401(K) PLAN 2012 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$2,466,395
Total of all expenses incurred	2012-12-31	$1,039,531
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$978,630
Expenses. Certain deemed distributions of participant loans	2012-12-31	$4,346
Value of total corrective distributions	2012-12-31	$28,485
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$1,516,386
Value of total assets at end of year	2012-12-31	$8,352,521
Value of total assets at beginning of year	2012-12-31	$6,925,657
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$28,070
Total interest from all sources	2012-12-31	$14,224
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$175,010
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$175,010
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$2,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$1,014,867
Participant contributions at end of year	2012-12-31	$249,490
Participant contributions at beginning of year	2012-12-31	$217,762
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$9,669
Administrative expenses (other) incurred	2012-12-31	$28,070
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$1,426,864
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$8,352,521
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$6,925,657
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$7,327,880
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$5,997,924
Interest on participant loans	2012-12-31	$13,913
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$775,151
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$709,971
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$709,971
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$311
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$760,775
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$491,850
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$978,630
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2012-12-31	No
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	JONATHAN G FURLOW, CPA
Accountancy firm EIN	2012-12-31	223513000
2011 : MORGAN PROPERTIES 401(K) PLAN 2011 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$1,137,035
Total of all expenses incurred	2011-12-31	$1,495,708
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$1,441,218
Value of total corrective distributions	2011-12-31	$29,238
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,261,810
Value of total assets at end of year	2011-12-31	$6,925,657
Value of total assets at beginning of year	2011-12-31	$7,284,330
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$25,252
Total interest from all sources	2011-12-31	$12,621
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$196,292
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$196,292
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$2,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$907,966
Participant contributions at end of year	2011-12-31	$217,762
Participant contributions at beginning of year	2011-12-31	$210,592
Administrative expenses (other) incurred	2011-12-31	$25,252
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-358,673
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$6,925,657
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$7,284,330
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$5,997,924
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$6,358,317
Interest on participant loans	2011-12-31	$12,549
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$709,971
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$715,421
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$715,421
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$72
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-333,688
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$353,844
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$1,441,218
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	No
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	JONATHAN G FURLOW, CPA
Accountancy firm EIN	2011-12-31	223513000
2010 : MORGAN PROPERTIES 401(K) PLAN 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$2,079,269
Total of all expenses incurred	2010-12-31	$599,370
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$557,415
Expenses. Certain deemed distributions of participant loans	2010-12-31	$1,838
Value of total corrective distributions	2010-12-31	$19,964
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,225,238
Value of total assets at end of year	2010-12-31	$7,284,330
Value of total assets at beginning of year	2010-12-31	$5,804,431
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$20,153
Total interest from all sources	2010-12-31	$11,382
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$93,673
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$93,673
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$2,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$819,057
Participant contributions at end of year	2010-12-31	$210,592
Participant contributions at beginning of year	2010-12-31	$160,737
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$103,894
Administrative expenses (other) incurred	2010-12-31	$20,153
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$1,479,899
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$7,284,330
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$5,804,431
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$6,358,317
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$4,849,207
Interest on participant loans	2010-12-31	$11,249
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$715,421
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$794,487
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$794,487
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$133
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$748,976
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$302,287
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$557,415
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	JONATHAN G FURLOW, CPA
Accountancy firm EIN	2010-12-31	223513000
2009 : MORGAN PROPERTIES 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for MORGAN PROPERTIES 401(K) PLAN

2013: MORGAN PROPERTIES 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	Yes
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: MORGAN PROPERTIES 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: MORGAN PROPERTIES 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: MORGAN PROPERTIES 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: MORGAN PROPERTIES 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	MORGAN PROPERTIES
Employer identification number (EIN):	232458298
NAIC Classification:	531310

Jurisdiction of Incorporation:	Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number:	2133884