Plan Ledger DOL Form 5500 · updated monthly

The Taunton Press, Inc.401(k)

THE TAUNTON PRESS, INC. SAVINGS PLAN · HAWLEYVILLE, CT · plan year 2023

Reported admin expense ratio · 2023
0.19%

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

The Taunton Press, Inc. reported $55,833 in plan administrative expenses for 2023: 0.19% of average plan assets, below the peer median. Employer contributions averaged $7,841 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 1 year on file its reported administrative ratio rose from 0.01% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is the 419th-largest of 1,106 plans among Connecticut employers on file, and the 766th of 2,199 in information & media. In 2023, employees put in $31.60 for every $1.00 the employer contributed; active participation has shrunk from 93 to 3 since 2022.

Plan summary
Net assets, end of year$30,646,297
Participants with balances200
Active participants3
Employer contributions$23,524
Employee contributions$743,302
Employer contribution per active participant$7,841
Average account balance$153,231
Benefits paid to participants$1,991,624
Plan auditUnmodified (clean) audit opinion
AuditorCITRINCOOPERMAN & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$30.6M · 200 accts · $24K emplr
2022$26.7M · 226 accts · $27K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$475
Investment management$3,729
Total administrative$55,833
The The Taunton Press, Inc. 401(k) match · 2023
Employer contribution per active participant$7,841
Median for plans this size$2,440
2023$7,841 per active participant
2022$295 per active participant

The Taunton Press, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$475

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

Administrative cost history3
2024Not separately reported
2023$55,833 · 0.19%
2022$2,951 · 0.01%
Same employer
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Lightbox Employer, L.L.C. CT$89.8M · 0.19%
Finalsite Holdings, Inc. CT$39.7M · 0.11%
Connoisseur Media, LLC CT$38.3M · 0.13%
Rfs Technologies Inc. CT$29.1M · 0.17%
Penny Publications, LLC CT$20.7M · 0.08%
Telaid Industries, Inc. CT$20.6M · 0.20%
Broadcastmed, Inc. CT$16.1M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060934442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.