Plan Snapshot
- Plan Sponsor: Taylor Metalworks, INC.
- Sponsor EIN: 160728369
- Sponsor Address: 3925 CALIFORNIA RD, ORCHARD PARK, NY, 141272276
- Plan Type: 401(k)
- Total Participants: 93
- Total Assets: $14.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 93 | $14.6M | $130,000 | $436,864 |
| 2023 | 91 | $12.6M | $155,000 | $418,355 |
| 2022 | 88 | $10.3M | $75,000 | $359,783 |
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 |
|---|---|---|---|---|
| BONADIO & CO. LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & CO. LLP — 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 | $4,150 | — | — | — | — |
| 2023 | $7,280 | — | — | $5,372 | — |
| 2022 | $7,895 | — | — | — | $7,895 |