401k Plan data: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN plan

MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	002

MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Stock bonus Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP. The employer maintaining this ESOP is an S Corporation

401k Sponsoring company profile

MORTON BUILDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name: MORTON BUILDINGS, INC.

Employer identification number (EIN): 370347310

NAIC Classification: 236200

Additional information about MORTON BUILDINGS, INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 1975-08-29

Company Identification Number: 0003789706

Legal Registered Office Address: PO BOX 399

MORTON
United States of America (USA)
61550

More information about MORTON BUILDINGS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01
002 2017-01-01 NICK VENTURI

Plan Statistics for MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 1,913
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 1,607
Number of retired or separated participants receiving benefits 2022-01-01 12
Number of other retired or separated participants entitled to future benefits 2022-01-01 209
Total of all active and inactive participants 2022-01-01 1,828
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 9
Total participants 2022-01-01 1,837
Number of participants with account balances 2022-01-01 1,825
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 1
2021: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 1,842
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 1,546
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 223
Total of all active and inactive participants 2021-01-01 1,770
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 6
Total participants 2021-01-01 1,776
Number of participants with account balances 2021-01-01 1,755
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 67
2020: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 1,880
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 1,507
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 214
Total of all active and inactive participants 2020-01-01 1,721
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 5
Total participants 2020-01-01 1,726
Number of participants with account balances 2020-01-01 1,712
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 98
2019: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 1,953
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 1,657
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 145
Total of all active and inactive participants 2019-01-01 1,802
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 2
Total participants 2019-01-01 1,804
Number of participants with account balances 2019-01-01 1,783
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 96
2018: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 1,748
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 1,679
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 118
Total of all active and inactive participants 2018-01-01 1,797
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 5
Total participants 2018-01-01 1,802
Number of participants with account balances 2018-01-01 1,783
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 1,646
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 1,598
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 13
Total of all active and inactive participants 2017-01-01 1,611
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 1,611
Number of participants with account balances 2017-01-01 1,608
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0

Measure	Date	Value
2022: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	1,913
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	1,607
Number of retired or separated participants receiving benefits	2022-01-01	12
Number of other retired or separated participants entitled to future benefits	2022-01-01	209
Total of all active and inactive participants	2022-01-01	1,828
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	9
Total participants	2022-01-01	1,837
Number of participants with account balances	2022-01-01	1,825
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	1
2021: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	1,842
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	1,546
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	223
Total of all active and inactive participants	2021-01-01	1,770
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	6
Total participants	2021-01-01	1,776
Number of participants with account balances	2021-01-01	1,755
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	67
2020: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	1,880
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	1,507
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	214
Total of all active and inactive participants	2020-01-01	1,721
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	5
Total participants	2020-01-01	1,726
Number of participants with account balances	2020-01-01	1,712
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	98
2019: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	1,953
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	1,657
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	145
Total of all active and inactive participants	2019-01-01	1,802
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	2
Total participants	2019-01-01	1,804
Number of participants with account balances	2019-01-01	1,783
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	96
2018: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	1,748
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	1,679
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	118
Total of all active and inactive participants	2018-01-01	1,797
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	5
Total participants	2018-01-01	1,802
Number of participants with account balances	2018-01-01	1,783
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	1,646
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	1,598
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	13
Total of all active and inactive participants	2017-01-01	1,611
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	1,611
Number of participants with account balances	2017-01-01	1,608
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0

Financial Data on MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2022 : MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2022-12-31	$24,549,304
Total unrealized appreciation/depreciation of assets	2022-12-31	$24,549,304
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$120,020,677
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$123,424,845
Expenses. Interest paid	2022-12-31	$3,679,529
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2022-12-31	$3,679,529
Total income from all sources (including contributions)	2022-12-31	$33,653,045
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$5,469,452
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$1,789,923
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$9,096,141
Value of total assets at end of year	2022-12-31	$186,446,706
Value of total assets at beginning of year	2022-12-31	$161,667,281
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$0
Total interest from all sources	2022-12-31	$7,600
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$0
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$28,183,593
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$66,426,029
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$38,242,436
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$862,801
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$632,679
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$632,679
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$7,600
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Assets. Invements in employer securities at end of year	2022-12-31	$185,583,905
Assets. Invements in employer securities at beginning of year	2022-12-31	$161,034,602
Contributions received in cash from employer	2022-12-31	$9,096,141
Employer contributions (assets) at end of year	2022-12-31	$0
Employer contributions (assets) at beginning of year	2022-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$1,789,923
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2022-12-31	$120,020,677
Liabilities. Value of acquisition indebtedness at beginning of year	2022-12-31	$123,424,845
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	FORVIS, LLP
Accountancy firm EIN	2022-12-31	440160260
2021 : MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2021-12-31	$25,933,211
Total unrealized appreciation/depreciation of assets	2021-12-31	$25,933,211
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$123,424,845
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$126,732,363
Expenses. Interest paid	2021-12-31	$3,776,179
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2021-12-31	$3,776,179
Total income from all sources (including contributions)	2021-12-31	$34,957,587
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$5,268,058
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,491,879
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$9,024,353
Value of total assets at end of year	2021-12-31	$161,667,281
Value of total assets at beginning of year	2021-12-31	$135,285,270
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$0
Total interest from all sources	2021-12-31	$23
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$29,689,529
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$38,242,436
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$8,552,907
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$632,679
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$183,878
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$183,878
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$23
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Assets. Invements in employer securities at end of year	2021-12-31	$161,034,602
Assets. Invements in employer securities at beginning of year	2021-12-31	$135,101,392
Contributions received in cash from employer	2021-12-31	$9,024,353
Employer contributions (assets) at end of year	2021-12-31	$0
Employer contributions (assets) at beginning of year	2021-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,491,879
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2021-12-31	$123,424,845
Liabilities. Value of acquisition indebtedness at beginning of year	2021-12-31	$126,732,363
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	FORVIS, LLP
Accountancy firm EIN	2021-12-31	440160260
2020 : MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$37,746,558
Total unrealized appreciation/depreciation of assets	2020-12-31	$37,746,558
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$126,732,363
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$129,946,080
Expenses. Interest paid	2020-12-31	$3,869,979
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2020-12-31	$3,869,979
Total income from all sources (including contributions)	2020-12-31	$45,597,704
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$4,461,698
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$591,719
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$7,851,102
Value of total assets at end of year	2020-12-31	$135,285,270
Value of total assets at beginning of year	2020-12-31	$97,362,981
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$0
Total interest from all sources	2020-12-31	$44
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$0
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$41,136,006
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$8,552,907
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$-32,583,099
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$183,878
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$8,148
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$8,148
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$44
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Assets. Invements in employer securities at end of year	2020-12-31	$135,101,392
Assets. Invements in employer securities at beginning of year	2020-12-31	$97,354,833
Contributions received in cash from employer	2020-12-31	$7,851,102
Employer contributions (assets) at end of year	2020-12-31	$0
Employer contributions (assets) at beginning of year	2020-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$591,719
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2020-12-31	$126,732,363
Liabilities. Value of acquisition indebtedness at beginning of year	2020-12-31	$129,946,080
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	BKD LLP
Accountancy firm EIN	2020-12-31	440160260
2019 : MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2019-12-31	$38,227,917
Total unrealized appreciation/depreciation of assets	2019-12-31	$38,227,917
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$129,946,080
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$133,068,759
Expenses. Interest paid	2019-12-31	$3,961,018
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2019-12-31	$3,961,018
Total income from all sources (including contributions)	2019-12-31	$45,597,567
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$4,238,823
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$277,805
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$7,369,239
Value of total assets at end of year	2019-12-31	$97,362,981
Value of total assets at beginning of year	2019-12-31	$59,126,916
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$0
Total interest from all sources	2019-12-31	$411
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$41,358,744
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$-32,583,099
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$-73,941,843
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$8,148
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$411
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Assets. Invements in employer securities at end of year	2019-12-31	$97,354,833
Assets. Invements in employer securities at beginning of year	2019-12-31	$59,126,916
Contributions received in cash from employer	2019-12-31	$7,369,239
Employer contributions (assets) at end of year	2019-12-31	$0
Employer contributions (assets) at beginning of year	2019-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$277,805
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2019-12-31	$129,946,080
Liabilities. Value of acquisition indebtedness at beginning of year	2019-12-31	$133,068,759
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	BKD LLP
Accountancy firm EIN	2019-12-31	440160260
2018 : MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2018-12-31	$-8,624,346
Total unrealized appreciation/depreciation of assets	2018-12-31	$-8,624,346
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$133,068,759
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$150,644,726
Expenses. Interest paid	2018-12-31	$4,125,172
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2018-12-31	$4,125,172
Total income from all sources (including contributions)	2018-12-31	$-1,527,839
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$4,137,982
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$12,810
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$7,096,507
Value of total assets at end of year	2018-12-31	$59,126,916
Value of total assets at beginning of year	2018-12-31	$82,368,704
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$0
Total interest from all sources	2018-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$0
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2018-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2018-12-31	$2,857,849
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-5,665,821
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$-73,941,843
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$-68,276,022
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Assets. Invements in employer securities at end of year	2018-12-31	$59,126,916
Assets. Invements in employer securities at beginning of year	2018-12-31	$67,751,262
Contributions received in cash from employer	2018-12-31	$7,096,507
Employer contributions (assets) at end of year	2018-12-31	$0
Employer contributions (assets) at beginning of year	2018-12-31	$14,617,442
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$12,810
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	2018-12-31	No
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2018-12-31	$133,068,759
Liabilities. Value of acquisition indebtedness at beginning of year	2018-12-31	$147,786,877
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	BKD LLP
Accountancy firm EIN	2018-12-31	440160260
2017 : MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2017-12-31	$-80,035,615
Total unrealized appreciation/depreciation of assets	2017-12-31	$-80,035,615
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$150,644,726
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Expenses. Interest paid	2017-12-31	$2,857,849
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2017-12-31	$2,857,849
Total income from all sources (including contributions)	2017-12-31	$-65,418,173
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$2,857,849
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$14,617,442
Value of total assets at end of year	2017-12-31	$82,368,704
Value of total assets at beginning of year	2017-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$0
Total interest from all sources	2017-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$0
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2017-12-31	$2,857,849
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$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	2017-12-31	No
Value of net income/loss	2017-12-31	$-68,276,022
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$-68,276,022
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Assets. Invements in employer securities at end of year	2017-12-31	$67,751,262
Assets. Invements in employer securities at beginning of year	2017-12-31	$0
Contributions received in cash from employer	2017-12-31	$14,617,442
Employer contributions (assets) at end of year	2017-12-31	$14,617,442
Employer contributions (assets) at beginning of year	2017-12-31	$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	2017-12-31	No
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2017-12-31	$147,786,877
Liabilities. Value of acquisition indebtedness at beginning of year	2017-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	BKD LLP
Accountancy firm EIN	2017-12-31	440160260

Form 5500 Responses for MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN

2022: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: MORTON BUILDINGS, INC. LEVERAGED EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	First time form 5500 has been submitted	Yes
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MORTON BUILDINGS, INC.
Employer identification number (EIN):	370347310
NAIC Classification:	236200

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	1975-08-29
Company Identification Number:	0003789706
Legal Registered Office Address:	PO BOX 399 MORTON United States of America (USA) 61550