Taylor Metal Products Company Profit Sharing 401(K) Plan And Trust — Form 5500 plan (Taylor Metal Products 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 Metal Products Company Profit Sharing 401(K) Plan And Trust is a benefit plan reported by Taylor Metal Products Company under EIN 34-0690441 and plan number 001. The latest loaded filing year is 2023. The filing reports 134 participants and $16,248,963 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Taylor Metal Products Company
- EIN
- 34-0690441
- Plan number
- 001
- Plan type
- 2
- Location
- Mansfield, OH
- Latest filing year
- 2023
- Participants
- 134
- End-of-year plan assets
- $16,248,963
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 134 | H, C | 20250611073153NAL0026817984001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,248,963
- Net assets (EOY)
- $16,248,963
- Net assets (BOY)
- $13,756,531
Income & contributions
- Employer contributions
- $140,000
- Participant contributions
- $316,735
- Total contributions
- $460,329
- Total income / additions
- $3,120,130
Expenses & distributions
- Benefits paid
- $568,614
- Administrative expenses
- $59,084
- Total expenses
- $627,698
- Net increase / (decrease)
- $2,492,432
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Park National Bank | NONE | $59,084 | not reported in the loaded dataset | 2023 |