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MORRIS & MCDANIEL, INC. 401(K) PLAN 401k Plan overview

Plan NameMORRIS & MCDANIEL, INC. 401(K) PLAN
Plan identification number 001

MORRIS & MCDANIEL, INC. 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

MORRIS & MCDANIEL, INC. has sponsored the creation of one or more 401k plans.

Company Name:MORRIS & MCDANIEL, INC.
Employer identification number (EIN):640595753
NAIC Classification:621330
NAIC Description:Offices of Mental Health Practitioners (except Physicians)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MORRIS & MCDANIEL, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01DAVID M. MORRIS2022-03-03
0012020-01-01DAVID M. MORRIS2021-09-23
0012019-01-01DAVID M. MORRIS2020-07-10
0012018-01-01DAVID M. MORRIS2019-09-27
0012017-01-01DAVID M. MORRIS2018-09-24
0012016-01-01JOSEPH F NASSAR2017-02-10 JOSEPH F NASSAR2017-02-10
0012015-01-01JOE NASSAR2016-07-26 JOE NASSAR2016-07-26
0012014-01-01JOSEPH F NASSAR2015-10-08 JOSEPH F NASSAR2015-10-08
0012013-01-01JOE NASSAR2014-03-26 JOE NASSAR2014-03-26
0012012-01-01JOE NASSAR2013-02-20 JOE NASSAR2013-02-20
0012011-01-01JOE NASSAR2012-04-24 JOE NASSAR2012-04-24
0012010-01-01CAROLYN HANKINS2011-03-24 CAROLYN HANKINS2011-03-24

Financial Data on MORRIS & MCDANIEL, INC. 401(K) PLAN

Measure Date Value
2025 : MORRIS & MCDANIEL, INC. 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-10-021204
Total liabilities as of the beginning of the plan year2025-10-021204
Total expenses incurred by plan in this plan year2025-10-02754859
Net assets as of the end of the plan year2025-10-021999697
Total assets as of the beginning of the plan year2025-10-022346785
Value of plan covered by a fidelity bond2025-10-02350000
Participant contributions to plan in this plan year2025-10-02110335
Other income to plan in this plan year2025-10-02236448
Plan net income in this plan year2025-10-02-347088
Net assets as of the end of the plan year2025-10-021998493
Net assets as of the beginning of the plan year2025-10-022345581
Employer contributions to plan in this plan year2025-10-0260988
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-0245
2024 : MORRIS & MCDANIEL, INC. 401(K) PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-07-191204
Total liabilities as of the beginning of the plan year2024-07-19635
Total expenses incurred by plan in this plan year2024-07-1932109
Net assets as of the end of the plan year2024-07-192346785
Total assets as of the beginning of the plan year2024-07-191950416
Value of plan covered by a fidelity bond2024-07-19350000
Participant contributions to plan in this plan year2024-07-19104902
Value of participant loans at end of plan year2024-07-1937439
Other income to plan in this plan year2024-07-19264245
Plan net income in this plan year2024-07-19395800
Net assets as of the end of the plan year2024-07-192345581
Net assets as of the beginning of the plan year2024-07-191949781
Employer contributions to plan in this plan year2024-07-1958762
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-1925
2022 : MORRIS & MCDANIEL, INC. 401(K) PLAN 2022 401k financial data
Total liabilities as of the end of the plan year2022-03-033263
Total liabilities as of the beginning of the plan year2022-03-030
Total expenses incurred by plan in this plan year2022-03-034705
Net assets as of the end of the plan year2022-03-032097257
Total assets as of the beginning of the plan year2022-03-031703963
Value of plan covered by a fidelity bond2022-03-03350000
Participant contributions to plan in this plan year2022-03-0372382
Other income to plan in this plan year2022-03-03279313
Plan net income in this plan year2022-03-03390031
Net assets as of the end of the plan year2022-03-032093994
Net assets as of the beginning of the plan year2022-03-031703963
Employer contributions to plan in this plan year2022-03-0343041

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