Plan Ledger DOL Form 5500 · updated monthly

Taylor Management Company401(k)

TAYLOR MANAGEMENT COMPANY 401(K) PROFIT SHARING PLAN · WHIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Taylor Management Company reported $59,015 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $704 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 3 years on file its reported administrative ratio has held roughly steady near 0.749%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New Jersey (1,612th of 2,419), and 1,209th of 2,096 in real estate & leasing. In 2024, employees put in $4.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,602,273
Participants with balances158
Active participants231
Employer contributions$162,698
Employee contributions$715,342
Employer contribution per active participant$704
Average account balance$54,445
Benefits paid to participants$530,297
Plan auditUnmodified (clean) audit opinion
AuditorHULSE & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 158 accts · $163K emplr
2023$7.2M · 131 accts · $137K emplr
2022$5.1M · 116 accts · $114K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,015
Total administrative$59,015
The Taylor Management Company 401(k) match · 2024
Employer contribution per active participant$704
Median for plans this size$1,313
2024$704 per active participant
2023$592 per active participant
2022$524 per active participant

Taylor Management Company's 2024 employer contribution ran below 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
EMPOWER ANNUITY INSURANCE COMPANY O · Investment management$55,144
MML INVESTORS SERVICES LLCindirect comp

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$59,015 · 0.75%
2023$41,264 · 0.67%
2022$40,816 · 0.75%
Same employer
Similar plansReal Estate & Leasing · New Jersey
Urby, LLC NJ$10.1M · 0.10%
Tallen, Inc. NJ$7.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223453177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.