401(k) · DOL Form 5500 · 2023

Town Financial Corporation 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
147
Participants Small participant base
66th
Percentile by assets National rank
$96,728
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

$14M in assets, 147 participants

Town Financial Corporation's Town Financial Corporation and Other Related Companies Salary S reported $14M in total assets and 147 participants in its 2023 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.

  • #4,544 in Finance & Insurance (8,869 peers)

Coverage in Indiana

Town Financial Corporation and Other Related Companies Salary S covers 147 participants in Indiana, about 27% of the average Indiana filer (state average ~541 per filing). Assets: $14M.

#4,544
in Finance & Insurance (8,869 peers)
+10.6%
assets growth YoY

Town Financial Corporation and Other Related Companies Salary S's mid-pack asset rank among Finance & Insurance and all filers

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$14,219,074 Top 34% higher than 66% of 127,068 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 2023

Town Financial Corporation and Other Related Companies Salary S among mid-size filed plans by headcount

Plan-year 2023 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 (147 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Town Financial Corporation and Other Related Companies Salary S reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Town Financial Corporation and Other Related Companies Salary S end-of-year assets rose from $13M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Town Financial Corporation and Other Related Companies Salary S reported participants rose from 141 in the plan year 2022 filing to 147 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 351147529 · Town Financial Corporation PY 2023 · 401(k)

Town Financial Corporation and Other Related Companies Salary S · $14M · 147 · 66th

  • IND $14M
  • IND 147
  • IND 66th
  • IND 401(k)
  • IND near Flynn Brothers Contracting Inc. 401 K Profit Sharing Plan
  • IND ind #4544

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…$14MFlynn Brothers Contracting Inc. 401 K Profit Sharing PlanFlynn Brothers Contracting I…$14MBasic Systems Inc 401(k) Profit Sharing Plan & TrustBasic Systems Inc 401(k) Pro…$14MEshipping LLC 401(k) Plan$14MKvp Energy Services 401(k) & Profit Sharing PlanKvp Energy Services 401(k) &…$14M
End-of-year total assets ($M) among Town Financial Corporation and Other Related Companies Salary S and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$14M
Net Income$1M
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. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Town Financial Corporation and Other Related Companies Salary S, Total assets ($B): 0.014219074 · Participants: 147Town Financial Corporation and Other Related Companies Salary SThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel 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 Flynn Brothers Contracting Inc. 401 K Profit Sharing Plan in KY ($14M); by covered participants it is Chalmers Development Corporation Dba Spire Integrated Solutions 401(k) Plan in NE (147 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. 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 2023?
Town Financial Corporation and Other Related Companies Salary S grew at a solid clip - up 10.6% during 2023, from $13M to $14M. Reported net income was $1M.
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 Flynn Brothers Contracting Inc. 401 K Profit Sharing Plan in KY ($14M, 262 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 Chalmers Development Corporation Dba Spire Integrated Solutions 401(k) Plan in NE (147 participants, $7M in assets).