Plan Snapshot
- Plan Sponsor: Taylor Community
- Sponsor EIN: 020222149
- Sponsor Address: 435 UNION AVE, LACONIA, NH, 032462814
- Plan Type: 401(k)
- Total Participants: 249
- Total Assets: $6.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 249 | $6.8M | $415,088 | $800,137 |
| 2023 | 184 | $6.1M | $339,704 | $652,315 |
| 2022 | 184 | $4.9M | $301,696 | $576,557 |
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 |
|---|---|---|---|---|
| BENEFIT PLANS ADMIN SERVICES | Recordkeeper | $36,616 | — | $36,616 |
| BANK OF NEW HAMPSHIRE | Other Service Provider | $29,104 | — | $29,104 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENEFIT PLANS ADMIN SERVICES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,720
- Estimated Expense Ratio: 0.963% of plan assets
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 | $65,775 | $49,484 | $15,626 | — | — |
| 2023 | $56,940 | $41,438 | $14,837 | — | — |
| 2022 | $44,966 | $34,707 | $9,804 | — | — |