401(k)
2022 plan-year 401(k) DOL Form 5500

Townley Engineering and Manufacturing Company, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Townley Engineering and Manufacturing Company, Inc. · Florida · Transportation & Warehousing

What the 2023 filing shows

Townley Engineering and Manufacturing Company, Inc. 401(k) Plan holds $12M for 283 participants — about $42,710 per participant, down 12.2% over the 2022 plan year.

$12M
total plan assets (2022 EOY)
283
covered participants
$42,710
avg assets per participant
-12.2%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$12M
Participants
283
State
Industry
Transportation & Warehousing

What the Filing Says About Townley Engineering and Manufacturing Company, Inc. 401(k) Plan

Townley Engineering and Manufacturing Company, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Townley Engineering and Manufacturing Company, Inc., headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $12M in total end-of-year assets and covers 283 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 591205861, and the plan has been effective since 1998-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $14M at the beginning of 2022 to $12M at year-end — a decline of 12.2%. Net assets (after liabilities) closed the year at $12M, with reported net income of $-1,682,279 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$14M
Total Assets (End of Year)$12M
Net Assets (End of Year)$12M
Net Income$-1,682,279
Plan Type401(k)
Employer EIN591205861
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Townley Engineering and Manufacturing Company, Inc.)

Year Plans Participants Total Assets
2022 1 283 $12M
2023 1 304 $14M
2024 1 373 $16M

Nearby 401(k) Plans in Florida

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Frequently Asked Questions

How much money is in the Townley Engineering and Manufacturing Company, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Townley Engineering and Manufacturing Company, Inc. 401(k) Plan holds $12M in total assets with 283 participants. It is sponsored by Townley Engineering and Manufacturing Company, Inc..
What type of plan is Townley Engineering and Manufacturing Company, Inc. 401(k) Plan?
Townley Engineering and Manufacturing Company, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1998-01-01. The plan is filed with the U.S. Department of Labor under EIN 591205861.
Who sponsors the Townley Engineering and Manufacturing Company, Inc. 401(k) Plan?
Townley Engineering and Manufacturing Company, Inc. 401(k) Plan is sponsored by Townley Engineering and Manufacturing Company, Inc., located in Florida. The sponsor's EIN is 591205861 and the plan operates in the Transportation & Warehousing industry.
How did Townley Engineering and Manufacturing Company, Inc. 401(k) Plan perform in 2022?
Townley Engineering and Manufacturing Company, Inc. 401(k) Plan declined by 12.2% during 2022, moving from $14M to $12M in total assets. Net income was $-1,682,279.
Where can I find official filings for Townley Engineering and Manufacturing Company, Inc. 401(k) Plan?
Official Form 5500 filings for Townley Engineering and Manufacturing Company, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 591205861 or plan name at efast.dol.gov.
How does Townley Engineering and Manufacturing Company, Inc. 401(k) Plan compare to other plans?
You can compare Townley Engineering and Manufacturing Company, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 591205861.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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