Plan Ledger DOL Form 5500 · updated monthly

Taylor Devices, Inc.401(k)

TAYLOR DEVICES, INC. 401(K) PLAN · NORTH TONAWANDA, NY · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Taylor Devices, Inc. reported $64,652 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,378 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 fell from 0.42% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,621st-largest of 5,648 plans among New York employers on file, and the 6,218th of 13,661 in manufacturing. In 2024, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,551,466
Participants with balances165
Active participants136
Employer contributions$459,398
Employee contributions$1,309,996
Employer contribution per active participant$3,378
Average account balance$112,433
Benefits paid to participants$351,633
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 165 accts · $459K emplr
2023$14.8M · 152 accts · $404K emplr
2022$12.9M · 147 accts · $367K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,652
Investment management$30,000
Total administrative$64,652
The Taylor Devices, Inc. 401(k) match · 2024
Employer contribution per active participant$3,378
Median for plans this size$2,416
2024$3,378 per active participant
2023$3,155 per active participant
2022$2,912 per active participant

Taylor Devices, Inc.'s 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,652
LAWLEY RETIREMENT ADVISORS LLC · Investment advisory (plan)$30,000

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$64,652 · 0.39%
2023$57,534 · 0.42%
2022$57,462 · 0.42%
Same employer
Similar plansManufacturing · New York
Kari-Out NY$19.0M · 0.50%
Reid Petroleum Corporation NY$18.8M · 0.40%
I3 Technology Group, LLC NY$18.4M · 0.14%
Crucible Industries, LLC NY$18.2M · 0.27%
G. a. Braun Incorporated NY$18.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160797789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.