401(k) · DOL Form 5500 · 2022

Town Financial Corporation 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
141
Participants Small participant base
70th
Percentile by assets National rank
$91,181
Avg per participant Below avg balance/head
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Official DOL plan name: Town Financial Corporation and Other Related Companies Salary S · Sponsored by Town Financial Corporation · Indiana · Finance & Insurance

$13M in assets, 141 participants

Town Financial Corporation's Town Financial Corporation and Other Related Companies Salary S reported $13M in total assets and 141 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #4,986 in Finance & Insurance (9,261 peers)

Coverage in Indiana

Town Financial Corporation and Other Related Companies Salary S covers 141 participants in Indiana, about 26% of the average Indiana filer (state average ~541 per filing). Assets: $13M.

#4,986
in Finance & Insurance (9,261 peers)
-18.6%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Town Financial Corporation and Other Related Companies Salary S's outsized position by total assets

Town Financial Corporation and Other Related Companies Salary S vs every filed plan by assets

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

$12,856,552 Top 30% higher than 70% 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

Town Financial Corporation and Other Related Companies Salary S 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. Town Financial Corporation and Other Related Companies Salary S sits mid-pack in the medium band (141 participants).

Form 5500 schedule snapshot

Filing strip 351147529 · Town Financial Corporation PY 2022 · 401(k)

Town Financial Corporation and Other Related Companies Salary S · $13M · 141 · 70th

  • 5500 $13M
  • ASSETS 141
  • PCT 70th
  • EIN 401(k)
  • RANK near Aweber Systems Inc 401(k) Profit Sharing Plan & Trust
  • PHOTO ind #4986

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 Indiana →

Town Financial Corporation and Other Related Companies Salary S in the asset neighbourhood

Town Financial Corporation and Other Related Companies Salary STown Financial Corporation a…$13MAweber Systems Inc 401(k) Profit Sharing Plan & TrustAweber Systems Inc 401(k) Pr…$13MService Holdings, LLC Retirement PlanService Holdings, LLC Retire…$13MBankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) PlanBankwell Financial Group, In…$13MProfit Sharing/401(k) Plan and Trust for Employees of Welbro Building CorporationProfit Sharing/401(k) Plan a…$13M
End-of-year total assets ($M) among Town Financial Corporation and Other Related Companies Salary S and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$13M
Net Income-$3M
Employer EIN351147529
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Town Financial Corporation)

Sponsor-wide plan assets over time

All Town Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$16M 23.98718567777737% vs 2022
2024 filing year
$12M$13M$14M$15M$16M$17M 202220232024 $12.9M $15.9M ▲ +24.0%
Year Plans Participants Total Assets
2022 1 141 $13M
2023 1 147 $14M
2024 1 133 $16M

Nearby 401(k) Plans in Indiana

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

Town Financial Corporation and Other Related Companies Salary S vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Town Financial Corporation and Other Related Companies Salary S, Total assets ($B): 0.012856552 · Participants: 141Town Financial Corporation and Other Related Companies Salary SElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Town Financial Corporation and Other Related Companies Salary S vs. nearby 401(k) plans in Indiana, assets vs. participants

Town Financial Corporation and Other Related Companies Salary S's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Aweber Systems Inc 401(k) Profit Sharing Plan & Trust in PA ($13M); by covered participants it is Bel Red Energy Solutions 401(k) Plan in WA (141 participants). Same-state nearby plans are listed separately above.

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 Town Financial Corporation and Other Related Companies Salary S assets move in 2022?
Town Financial Corporation and Other Related Companies Salary S declined sharply - down 18.6% during 2022, from $16M to $13M. Reported net income was -$3M.
How have Town Financial Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Town Financial Corporation's sponsor-wide assets grew 24.0%, from $13M to $16M.
Which 401(k) plans are similar in size to Town Financial Corporation and Other Related Companies Salary S?
Among 401(k) plans in other states, the closest by assets is Aweber Systems Inc 401(k) Profit Sharing Plan & Trust in PA ($13M, 78 participants).
Which 401(k) plans cover a similar participant headcount to Town Financial Corporation and Other Related Companies Salary S?
Among 401(k) plans in other states, the closest by covered participants is Bel Red Energy Solutions 401(k) Plan in WA (141 participants, N/A in assets).