Plan Ledger DOL Form 5500 · updated monthly

Taylor Enterprises Inc.401(k)

TAYLOR ENTERPRISES INC. 401(K) PLAN · SPARTANBURG, SC · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Taylor Enterprises Inc. reported $46,404 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $2,751 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 has held roughly steady near 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in South Carolina (501st of 807), and 3,297th of 4,246 in wholesale trade. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,452,735
Participants with balances179
Active participants171
Employer contributions$470,384
Employee contributions$635,407
Employer contribution per active participant$2,751
Average account balance$41,635
Benefits paid to participants$566,147
Plan auditUnmodified (clean) audit opinion
AuditorGREER WALKER CPAS AND ADVISORS
Plan history2
Yearassets · accounts · employer contribution
2024$7.5M · 179 accts · $470K emplr
2023$6.1M · 170 accts · $415K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,580
Investment management$20,824
Total administrative$46,404
The Taylor Enterprises Inc. 401(k) match · 2024
Employer contribution per active participant$2,751
Median for plans this size$1,313
2024$2,751 per active participant
2023$2,186 per active participant

Taylor Enterprises Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
FIRST CITIZENS BANK AND TRUST COMPA · Investment advisory (plan)$19,939
EMPOWER ADVISORY GROUP, LLC · Investment management$885

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

Administrative cost history2
2024$46,404 · 0.69%
2023$37,257 · 0.66%
Same employer
Similar plansWholesale Trade · South Carolina
Savaria USA Inc. SC$8.2M · 0.49%
Better Brands, Inc. SC$7.9M · 0.66%
Engineered Systems, Inc. SC$7.7M · 0.25%
McEntire Produce, Inc. SC$7.7M · 0.64%
Airpark Holdings, Inc. SC$4.9M · 0.99%
Vendors Supply, Inc. SC$4.8M · 1.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 205203874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.