Towne Mortgage Company 401(K) Profit Sharing Plan — Form 5500 plan (Towne Mortgage Company Dba Americu Mortgage, Towne Mortgage 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, Towne Mortgage Company 401(K) Profit Sharing Plan is a benefit plan reported by Towne Mortgage Company Dba Americu Mortgage, Towne Mortgage Company under EIN 38-2434249 and plan number 001. The latest loaded filing year is 2023. The filing reports 282 participants and $13,439,989 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Towne Mortgage Company Dba Americu Mortgage, Towne Mortgage Company
- EIN
- 38-2434249
- Plan number
- 001
- Plan type
- 2
- Location
- Troy, MI
- Latest filing year
- 2023
- Participants
- 282
- End-of-year plan assets
- $13,439,989
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 282 | H, C | 20240919115811NAL0002316275001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,439,989
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,439,989
- Net assets (BOY)
- $10,431,865
Income & contributions
- Employer contributions
- $811,180
- Participant contributions
- $1,290,943
- Total contributions
- $2,178,704
- Total income / additions
- $4,049,168
Expenses & distributions
- Benefits paid
- $950,942
- Administrative expenses
- $90,102
- Total expenses
- $1,041,044
- Net increase / (decrease)
- $3,008,124
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Captrust Investment Advisors | INVESTMENT ADVISOR | $49,639 | not reported in the loaded dataset | 2023 |
| Milliman, Inc. | NONE | $40,456 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Towne Mortgage Company Dba Americu Mortgage, Towne Mortgage Company
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Troy, MI
- Captrust Investment Advisors — Schedule C compensation
- Milliman, Inc. — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation