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MORPHOSYS US INC. VISION, LIFE, AD&D, STD, LTD PLAN 401k Plan overview

Plan NameMORPHOSYS US INC. VISION, LIFE, AD&D, STD, LTD PLAN
Plan identification number 502

MORPHOSYS US INC. VISION, LIFE, AD&D, STD, LTD PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)

401k Sponsoring company profile

MORPHOSYS US INC. has sponsored the creation of one or more 401k plans.

Company Name:MORPHOSYS US INC.
Employer identification number (EIN):831254672
NAIC Classification:325410

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MORPHOSYS US INC. VISION, LIFE, AD&D, STD, LTD PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022021-11-01KATHLEEN WARNECKE2023-04-12
5022020-11-01KATHLEEN WARNECKE2022-05-26

Plan Statistics for MORPHOSYS US INC. VISION, LIFE, AD&D, STD, LTD PLAN

401k plan membership statisitcs for MORPHOSYS US INC. VISION, LIFE, AD&D, STD, LTD PLAN

Measure Date Value
2021: MORPHOSYS US INC. VISION, LIFE, AD&D, STD, LTD PLAN 2021 401k membership
Total participants, beginning-of-year2021-11-01149
Total number of active participants reported on line 7a of the Form 55002021-11-01193
Number of retired or separated participants receiving benefits2021-11-010
Number of other retired or separated participants entitled to future benefits2021-11-010
Total of all active and inactive participants2021-11-01193
Number of employers contributing to the scheme2021-11-010
2020: MORPHOSYS US INC. VISION, LIFE, AD&D, STD, LTD PLAN 2020 401k membership
Total participants, beginning-of-year2020-11-01100
Total number of active participants reported on line 7a of the Form 55002020-11-01149
Number of retired or separated participants receiving benefits2020-11-010
Number of other retired or separated participants entitled to future benefits2020-11-010
Total of all active and inactive participants2020-11-01149
Number of employers contributing to the scheme2020-11-010

Form 5500 Responses for MORPHOSYS US INC. VISION, LIFE, AD&D, STD, LTD PLAN

2021: MORPHOSYS US INC. VISION, LIFE, AD&D, STD, LTD PLAN 2021 form 5500 responses
2021-11-01Type of plan entitySingle employer plan
2021-11-01Plan funding arrangement – InsuranceYes
2021-11-01Plan benefit arrangement – InsuranceYes
2020: MORPHOSYS US INC. VISION, LIFE, AD&D, STD, LTD PLAN 2020 form 5500 responses
2020-11-01Type of plan entitySingle employer plan
2020-11-01First time form 5500 has been submittedYes
2020-11-01Plan funding arrangement – InsuranceYes
2020-11-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number1130851
Policy instance 1
Insurance contract or identification number1130851
Number of Individuals Covered533
Insurance policy start date2021-11-01
Insurance policy end date2022-10-31
Total amount of commissions paid to insurance brokerUSD $32,631
Total amount of fees paid to insurance companyUSD $22,744
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT, ACCIDENT, CRITICAL ILLNESS
Welfare Benefit Premiums Paid to CarrierUSD $504,925
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $32,631
Amount paid for insurance broker fees10629
Additional information about fees paid to insurance brokerBONUS
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number1130851
Policy instance 1
Insurance contract or identification number1130851
Number of Individuals Covered383
Insurance policy start date2020-11-01
Insurance policy end date2021-10-31
Total amount of commissions paid to insurance brokerUSD $26,608
Total amount of fees paid to insurance companyUSD $37,671
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT, ACCIDENT, CRITICAL ILLNESS
Welfare Benefit Premiums Paid to CarrierUSD $359,259
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $9,413
Amount paid for insurance broker fees28750
Additional information about fees paid to insurance brokerBONUS
Insurance broker organization code?3

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