2023 Form 5500 filing — Taylor Oil Co., 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 20241011124412NAL0022759697001) for Taylor Oil Co., Inc. 401(K) Plan, reported by Taylor Oil Co., Inc. under EIN 22-1739466 and plan number 003. It reports 180 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011124412NAL0022759697001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Taylor Oil Co., Inc.
- EIN
- 22-1739466
- Plan number
- 003
- Location
- Somerville, NJ
- Participants
- 180
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,520,658
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,520,658
- Participant contributions
- $602,937
- Total income / additions
- $1,966,457
- Benefits paid
- $1,214,190
- Administrative expenses
- $28,971
- Total expenses
- $1,267,857
- Net increase / (decrease)
- $698,600
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| 401k Advisors Inc | INVESTMENT/FINANCIAL ADVI | $20,087 | $0 |
| Adp, Inc. | RECORD KEEPER | $8,883 | $0 |