Plan Ledger DOL Form 5500 · updated monthly

Taylor Cadillac, Inc.401(k)

TAYLOR KIA 401(K) PLAN · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.16%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Taylor Cadillac, Inc. reported $16,889 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $788 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.08% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (1,889th of 3,295), and 2,759th of 4,246 in wholesale trade. In 2024, employees put in $4.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,206,481
Participants with balances156
Active participants228
Employer contributions$179,671
Employee contributions$883,787
Employer contribution per active participant$788
Average account balance$71,836
Benefits paid to participants$1,044,823
Plan auditUnmodified (clean) audit opinion
AuditorDEMARCO & ASSOCIATES CPA'S, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 156 accts · $180K emplr
2023$10.0M · 168 accts · $191K emplr
2022$9.0M · 162 accts · $203K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,889
Total administrative$16,889
The Taylor Cadillac, Inc. 401(k) match · 2024
Employer contribution per active participant$788
Median for plans this size$2,416
2024$788 per active participant
2023$833 per active participant
2022$921 per active participant

Taylor Cadillac, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$65,430

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$16,889 · 0.16%
2023$8,550 · 0.09%
2022$7,835 · 0.08%
Similar plansWholesale Trade · Ohio
Temeg Holdings, Inc. OH$12.1M · 0.62%
Stagnaro Holdings, Inc. OH$11.6M · 0.93%
Cmpco Inc. OH$11.3M · 0.04%
I Supply Company OH$11.1M · 0.22%
Calvary Industries, Inc. OH$11.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341573212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.