Kermigorn, son of Kermithorn, AKA Swimmer falls in love with Pigwen, the elf maiden.
Waldorf the Grey tells Fozzie Baggins that he has to destroy the ring. (Waldorf is later imprisoned briefly by his old friend Statlerman the White.) He is joined on the quest by Samwise the Eagle, Pepegrin the King Prawn, Merrilla the Chicken, Rizzolas the elf-rat, Gonzli the Dwarf, Kermigorn, and Animal (son of the steward of Gondor).
Sauron is played by Uncle Deadley, or perhaps one of the Skegsis from the Dark Crystal.