Retirement plan

TAYLOR ENVIRONMENTAL GROUP INC 401(K) PLAN

Name: TAYLOR ENVIRONMENTAL GROUP , INC - TAYLOR ENVIRONMENTAL GROUP INC 401(K) PLAN (2021) Form 5500
Creator: TAYLOR ENVIRONMENTAL GROUP , INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAYLOR ENVIRONMENTAL GROUP INC 401(K) PLAN, TAYLOR ENVIRONMENTAL GROUP , INC

TAYLOR ENVIRONMENTAL GROUP , INCEIN 11-2900403Plan #001PY 2021

130 -A JERICHO TURNPIKE - FLORAL PARK, NY 11001516-358-2955taylorenvironmental.comLinkedIn11-50 employeesenvironmental services

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$1.3M

+20.0% from 2020

Total participants

0.0% from 2020

Average account balance

$188,015

+20.0% from 2020

Annual return

14.95%

-5.24 pp from 2020

Benchmarks

See 44,702 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort44,702 peers

Snapshot2021

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.95M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$195K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

27.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$135K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+34.79%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$562

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$2K

$87 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.152%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$188,015

$124,330+51.2%

$109,173+72.2%

$167,536+12.2%

Participation rate

26.1%

79.5%-53.4pp

75.9%-49.8pp

82.1%-56.0pp

Annual return

14.95%

26.04%-11.1pp

25.75%-10.8pp

478.82%-463.9pp

Employer contribution / active EE

$4,209-100.0%

$3,723-100.0%

$4,839-100.0%

Participant deferral / active EE

$2,485

$5,256-52.7%

$4,654-46.6%

$6,342-60.8%

Admin fee / account holder

$285

$7,974-96.4%

$6,755-95.8%

$12,315-97.7%

TAYLOR ENVIRONMENTAL GROUP INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAYLOR ENVIRONMENTAL GROUP INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion