The Townsend Corporation Employee Health Care Plan — Form 5500 plan (The Townsend Corporation)
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, The Townsend Corporation Employee Health Care Plan is a benefit plan reported by The Townsend Corporation under EIN 35-1038926 and plan number 501. The latest loaded filing year is 2023. The filing reports 992 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)-$128.7KPlan net assets, end of year-$128,660
Participants992Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$588.2K2 Schedule C provider row(s)$588,159
- Plan sponsor
- The Townsend Corporation
- EIN
- 35-1038926
- Plan number
- 501
- Plan type
- 2
- Location
- Muncie, IN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 992 | H, C | 20241015142219NAL0028745665001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Full reported line items
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $128,660
- Net assets (EOY)
- -$128,660
- Net assets (BOY)
- -$87,509
Income & contributions
- Employer contributions
- $6,063,179
- Participant contributions
- $1,940,974
- Total contributions
- $8,554,415
- Total income / additions
- $8,554,415
Expenses & distributions
- Benefits paid
- $7,892,867
- Administrative expenses
- $702,699
- Total expenses
- $8,595,566
- Net increase / (decrease)
- -$41,151
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
76%24%
Employer 76%Participant 24%
Benefits paid ÷ total income92%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Employee Benefit Management Systems | NONE | $545,368 | not reported in the loaded dataset | 2023 |
| Umr | NONE | $42,791 | not reported in the loaded dataset | 2023 |