401(k) · DOL Form 5500 · 2022

Towne Mortgage Company Dba Americu Mortgage, Towne Mortgage Company 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
266
Participants Below avg headcount
66th
Percentile by assets National rank
$39,218
Avg per participant Low balance/head
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Official DOL plan name: Towne Mortgage Company 401(k) Profit Sharing Plan · Sponsored by Towne Mortgage Company Dba Americu Mortgage, Towne Mortgage Company · Michigan · Finance & Insurance

$10M in assets, 266 participants

Towne Mortgage Company Dba Americu Mortgage, Towne Mortgage Company's Towne Mortgage Company 401(k) Profit Sharing Plan reported $10M in total assets and 266 participants in its 2022 DOL Form 5500 filing, ranking in the 66th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,563 in Finance & Insurance (9,261 peers)

Coverage in Michigan

Towne Mortgage Company 401(k) Profit Sharing Plan covers 266 participants in Michigan, about 42% of the average Michigan filer (state average ~638 per filing). Assets: $10M.

#4,563
in Finance & Insurance (9,261 peers)
-2.5%
assets change YoY

The plan reported a net loss of $264K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Towne Mortgage Company 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Towne Mortgage Company 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$10,431,865 Top 34% higher than 66% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Towne Mortgage Company 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Towne Mortgage Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (266 participants).

Form 5500 schedule snapshot

Filing strip 382434249 · Towne Mortgage Company Dba Americu Mortgage, Towne Mortgage Company PY 2022 · 401(k)

Towne Mortgage Company 401(k) Profit Sharing Plan · $10M · 266 · 66th

  • NET $10M
  • BOOK 266
  • VS-ST 66th
  • BOY 401(k)
  • SCH near A & S Services Group, LLC 401(k) Plan
  • EBSA ind #4563

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Michigan →

Towne Mortgage Company 401(k) Profit Sharing Plan in the asset neighbourhood

Towne Mortgage Company 401(k) Profit Sharing PlanTowne Mortgage Company 401(k…$10MA & S Services Group, LLC 401(k) PlanA & S Services Group, LLC 40…$10MBrask, Inc. 401(k) Plan$10MRetirement Savings Plan for Elgi Compressors USA, Inc.Retirement Savings Plan for …$10MHannoush Jewelers Profit Sharing and Salary ReductHannoush Jewelers Profit Sha…$10M
End-of-year total assets ($M) among Towne Mortgage Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$10M
Net Income-$264K
Employer EIN382434249
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Towne Mortgage Company Dba Americu Mortgage, Towne Mortgage Company)

Sponsor-wide plan assets over time

All Towne Mortgage Company Dba Americu Mortgage, Towne Mortgage Company plans reported in each filing year

Latest sponsor-wide plan assets
$17M 59.531205589796265% vs 2022
2024 filing year
$8M$10M$12M$14M$16M$18M 202220232024 $10.4M $16.6M ▲ +59.5%
Year Plans Participants Total Assets
2022 1 266 $10M
2023 1 225 $13M
2024 1 203 $17M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Towne Mortgage Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Towne Mortgage Company 401(k) Profit Sharing Plan, Total assets ($B): 0.010431865 · Participants: 266Towne Mortgage Company 401(k) Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Towne Mortgage Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Towne Mortgage Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

Towne Mortgage Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is A & S Services Group, LLC 401(k) Plan in PA ($10M); by covered participants it is Pioneer Circuits, Inc. Profit Sharing and 401(k) Plan in CA (266 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (266 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Towne Mortgage Company 401(k) Profit Sharing Plan assets move in 2022? ▼
Towne Mortgage Company 401(k) Profit Sharing Plan edged down modestly - down 2.5% during 2022, from $11M to $10M. Reported net income was -$264K.
How have Towne Mortgage Company Dba Americu Mortgage, Towne Mortgage Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Towne Mortgage Company Dba Americu Mortgage, Towne Mortgage Company's sponsor-wide assets grew 59.5%, from $10M to $17M.
Which 401(k) plans are similar in size to Towne Mortgage Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is A & S Services Group, LLC 401(k) Plan in PA ($10M, 497 participants).
Which 401(k) plans cover a similar participant headcount to Towne Mortgage Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pioneer Circuits, Inc. Profit Sharing and 401(k) Plan in CA (266 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382434249.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.