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, Townsend Oil Company, Incorporated 401(K) Plan is a benefit plan reported by Townsend Oil Company, Incorporated under EIN 04-2208037 and plan number 003. The latest loaded filing year is 2023. The filing reports 151 participants and $7,089,397 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,089,397
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,089,397
- Net assets (BOY)
- $6,845,194
Income & contributions
- Employer contributions
- $180,366
- Participant contributions
- $524,214
- Total contributions
- $724,799
- Total income / additions
- $1,753,211
Expenses & distributions
- Benefits paid
- $1,471,706
- Administrative expenses
- $37,302
- Total expenses
- $1,509,008
- Net increase / (decrease)
- $244,203