Taylor Management Company 401(K) Profit Sharing Plan — Form 5500 plan (Taylor Management Company)
Plain-English plan 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, Taylor Management Company 401(K) Profit Sharing Plan is a benefit plan reported by Taylor Management Company under EIN 22-3453177 and plan number 001. The latest loaded filing year is 2023. The filing reports 241 participants and $7,161,417 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Taylor Management Company
- EIN
- 22-3453177
- Plan number
- 001
- Plan type
- 2
- Location
- Whippany, NJ
- Latest filing year
- 2023
- Participants
- 241
- End-of-year plan assets
- $7,161,417
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 241 | H, C | 20241010061739NAL0019689937001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,161,417
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,161,417
- Net assets (BOY)
- $5,137,590
Income & contributions
- Employer contributions
- $137,423
- Participant contributions
- $603,152
- Total contributions
- $1,144,135
- Total income / additions
- $2,187,971
Expenses & distributions
- Benefits paid
- $122,880
- Administrative expenses
- $41,264
- Total expenses
- $164,144
- Net increase / (decrease)
- $2,023,827
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $40,937 | $0 | 2023 |
| Massachusetts Mutual Life Insurance | BROKER/ADVISER | $0 | $14,060 | 2023 |