Plan Snapshot
- Plan Sponsor: Calvin B. Taylor Banking Company
- Sponsor EIN: 520505410
- Sponsor Address: 24 NORTH MAIN STREET, BERLIN, MD, 21811
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $12.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 113 | $12.2M | $158,778 | $498,498 |
| 2023 | 105 | $11.6M | $369,025 | $490,319 |
| 2022 | 103 | $10.1M | $344,674 | $452,487 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| YOUNT HYDE & BARBOUR P.C | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- YOUNT HYDE & BARBOUR P.C — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $44,549 | $20,054 | — | — | — |
| 2023 | $29,328 | $16,000 | — | — | — |
| 2022 | $29,426 | — | — | — | — |