2023 Form 5500 filing — Taylor Devices, Inc. 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240916162517NAL0003241872001) for Taylor Devices, Inc. 401(K) Plan, reported by Taylor Devices, Inc. under EIN 16-0797789 and plan number 001. It reports 151 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240916162517NAL0003241872001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Taylor Devices, Inc.
- EIN
- 16-0797789
- Plan number
- 001
- Location
- North Tonawanda, NY
- Participants
- 151
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,830,211
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,830,211
- Employer contributions
- $403,782
- Participant contributions
- $1,197,832
- Total income / additions
- $3,819,910
- Benefits paid
- $1,785,447
- Administrative expenses
- $57,534
- Total expenses
- $1,842,981
- Net increase / (decrease)
- $1,976,929
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lawley Retirement Advisors LLC | ADVISOR | $30,000 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $27,534 | $0 |