Morton Buildings 401(k) match, vesting and fees
What Morton Buildings' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Vanguard Group Inc. | Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 570 defined-contribution plans in construction with 1,000 to 4,999 participants.
| Morton Buildings: employer contribution per participant | $1,280 | |
| Peer median | $2,900 |
| Morton Buildings: average balance | $107,214 | |
| Peer median | $67,876 |
| Morton Buildings: admin expenses ÷ assets | 0.07% | |
| Peer median | 0.26% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $194M at the end of plan year 2021 to $211M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,087 | $211M | $2.5M | $1,280 | 0.07% | Not published | Form 5500 ↗ |
| 2023 | 2,175 | $203M | $2.3M | $1,136 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 2,029 | $166M | $2.1M | $1,130 | 0.08% | Not published | Form 5500 ↗ |
| 2021 | 2,405 | $194M | $2M | $866 | 0.07% | Not published | Form 5500 ↗ |
Other Morton Buildings plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Forvis Mazars, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Morton Buildings match 401(k) contributions?
The match terms for the Morton Buildings, Inc. 401(k) and ESOP have not been published from its filing yet. The plan year 2024 filing reports $2.5M in employer contributions, about $1,280 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Morton Buildings 401(k) match vested?
The vesting schedule for the Morton Buildings, Inc. 401(k) and ESOP is not in the data published so far. Your Summary Plan Description states it.
Who manages the Morton Buildings 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Vanguard Group Inc.. The plan administrator is Morton Buildings, Inc..
I left Morton Buildings. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Morton Buildings, Inc., (309) 263-7474) or the recordkeeper, Vanguard Group Inc.. The Morton Buildings old 401(k) page lists the contacts from every plan filing. Find an old Morton Buildings 401(k)
Data from the public Form 5500 annual reports Morton Buildings filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Morton Buildings. Not financial advice. Report a correction · Methodology