TAYLOR METALWORKS, INC. TRUST

Overview

Plan Contact

  • Address: 3925 CALIFORNIA RD,ORCHARD PARK,NY
  • Contact person: KATHLEEN MECCA
  • Phone: (716) 662-3113

Plan General Information


At the end of 2022, the total retirement plan assets of TAYLOR METALWORKS, INC. TRUST is $10,280,344.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in TAYLOR METALWORKS, INC. TRUST is 122

In 2022, the average participant retirement account value for TAYLOR METALWORKS, INC. TRUST is $84,265

In 2022, the estimated average employee contribution amount per participant for TAYLOR METALWORKS, INC. TRUST is $2,913

In 2022, the estimated average employer match for an employee in TAYLOR METALWORKS, INC. TRUST is approximately $614

In 2022, TAYLOR METALWORKS, INC. TRUST allocates $75,000 to match its employees’ contributions, providing an employer match rate of 20.85% of their contributions

In 2022, the total retirement plan asset growth rate of TAYLOR METALWORKS, INC. TRUST is -19.21%

In 2022, the estimated aggregate retirement account investment gain/loss for TAYLOR METALWORKS, INC. TRUST is -18.23%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of TAYLOR METALWORKS, INC. TRUST is 0.08%.

Enrollment Features

TAYLOR METALWORKS, INC. TRUST has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.