2023 Form 5500 filing — The Townsend Corporation Employee Health Care 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 20241015142219NAL0028745665001) for The Townsend Corporation Employee Health Care Plan, reported by The Townsend Corporation under EIN 35-1038926 and plan number 501. It reports 992 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)-$128.7KReported net assets-$128,660
Participants992
Provider compensation$588.2K2 Schedule C row(s)$588,159
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015142219NAL0028745665001
Plan sponsor
The Townsend Corporation
EIN
35-1038926
Plan number
501
Location
Muncie, IN
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Money in vs. money out
Total income / additions$8.6M
Total expenses$8.6M
Benefits paid / distributions$7.9M
Contributions
Employer$6.1M
Participant$1.9M
Full reported line items
Total assets (EOY)
$0
Total liabilities (EOY)
$128,660
Net assets (EOY)
-$128,660
Employer contributions
$6,063,179
Participant contributions
$1,940,974
Total income / additions
$8,554,415
Benefits paid
$7,892,867
Administrative expenses
$702,699
Total expenses
$8,595,566
Net increase / (decrease)
-$41,151

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Employee Benefit Management SystemsNONE$545,368not reported in the loaded dataset
UmrNONE$42,791not reported in the loaded dataset

Related Form 5500 pages