Plan Ledger DOL Form 5500 · updated monthly

Taylor Community401(k)

TAYLOR COMMUNITY SAVINGS PLAN AND TRUST · LACONIA, NH · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Taylor Community reported $65,775 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,667 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 0.91% to 1.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Hampshire (303rd of 411), and 6,952nd of 11,911 in health care & social assistance. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 184 to 249 since 2022.

Plan summary
Net assets, end of year$6,825,635
Participants with balances245
Active participants249
Employer contributions$415,088
Employee contributions$800,137
Employer contribution per active participant$1,667
Average account balance$27,860
Benefits paid to participants$1,339,886
Plan auditUnmodified (clean) audit opinion
AuditorNATHAN WECHSLER & CO., P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 245 accts · $415K emplr
2023$6.1M · 214 accts · $340K emplr
2022$4.9M · 225 accts · $302K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,626
Investment management$49,484
Total administrative$65,775
The Taylor Community 401(k) match · 2024
Employer contribution per active participant$1,667
Median for plans this size$1,313
2024$1,667 per active participant
2023$1,846 per active participant
2022$1,640 per active participant

Taylor Community's 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20242
BENEFIT PLANS ADMIN SERVICES · Custodial · Loan processing$36,616
BANK OF NEW HAMPSHIRE · Trustee$29,104

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$65,775 · 1.02%
2023$56,940 · 1.04%
2022$44,966 · 0.91%
Same employer
Similar plansHealth Care & Social Assistance · New Hampshire
Boothby Therapy Services NH$7.2M · 0.52%
Granite Bay Care, Inc. NH$6.8M · 1.27%
Silverstone by Hunt NH$6.3M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020222149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.