Plan Ledger DOL Form 5500 · updated monthly

Taylor, Wiseman & Taylor401(k)

TAYLOR, WISEMAN & TAYLOR 401(K) RETIREMENT SAVINGS PLAN · MT. LAUREL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Taylor, Wiseman & Taylor reported $5,539 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,862 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 693rd-largest of 2,419 plans among New Jersey employers on file, and the 3,410th of 11,654 in professional & technical services. In 2024, employees put in $2.86 for every $1.00 the employer contributed; active participation has grown from 101 to 113 since 2022.

Plan summary
Net assets, end of year$38,473,077
Participants with balances173
Active participants113
Employer contributions$323,449
Employee contributions$923,953
Employer contribution per active participant$2,862
Average account balance$222,388
Benefits paid to participants$2,080,306
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.5M · 173 accts · $323K emplr
2023$32.3M · 171 accts · $393K emplr
2022$28.9M · 175 accts · $385K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,344
Investment management$4,195
Total administrative$5,539
The Taylor, Wiseman & Taylor 401(k) match · 2024
Employer contribution per active participant$2,862
Median for plans this size$2,416
2024$2,862 per active participant
2023$3,747 per active participant
2022$3,813 per active participant

Taylor, Wiseman & Taylor'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,344

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$5,539 · 0.02%
2023$5,813 · 0.02%
2022$4,334 · 0.01%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Flaster/Greenberg P.C. NJ$39.0M · 0.05%
Arora and Associates, P.C. NJ$38.8M · 0.31%
Wilkin & Guttenplan, P.C. NJ$36.3M · 0.25%
Ks Engineers, P.C. NJ$35.8M · 0.21%
Bowman & Company LLP NJ$35.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221892933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.