# Calvin B. Taylor Banking Company 401(k) Plan
Source: https://planprovider.pro/companies/calvin-b-taylor-banking-company-401k-plan

> Calvin B. Taylor Banking Company's 401(k) plan: 113 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/yount-hyde-and-barbour-pc) — 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|—|—|—|—|

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