401(k) · DOL Form 5500 · 2024

Towne Properties Asset Management Company, Inc. 401(k) Plan

Data updated 2026-08-25

$46M
Total assets Below avg plan size
698
Participants Below avg headcount
83rd
Percentile by assets National rank
$65,897
Avg per participant Below avg balance/head
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Official DOL plan name: Towne Retirement 401(k) Plan · Sponsored by Towne Properties Asset Management Company, Inc. · Ohio · Real Estate

$46M in assets, 698 participants

Towne Properties Asset Management Company, Inc.'s Towne Retirement 401(k) Plan reported $46M in total assets and 698 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #4,269 in Real Estate (4,605 peers)

Where Towne Retirement 401(k) Plan sits by assets

Towne Retirement 401(k) Plan sits in the top quartile of all filed plans by assets, $46M for 698 participants (~$65,897/participant), up 7.5% in 2024.

#4,269
in Real Estate (4,605 peers)
+7.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Towne Retirement 401(k) Plan's outsized position by total assets

Towne Retirement 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$45,996,091 Top 17% higher than 83% of 123,620 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 2024

Towne Retirement 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Towne Retirement 401(k) Plan sits mid-pack in the medium band (698 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Towne Retirement 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Towne Retirement 401(k) Plan reported participants rose from 641 in the plan year 2023 filing to 698 in the plan year 2024 filing.
  • Towne Retirement 401(k) Plan end-of-year assets rose from $43M in the plan year 2023 filing to $46M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 310945003 · Towne Properties Asset Management Company, Inc. PY 2024 · 401(k)

Towne Retirement 401(k) Plan · $46M · 698 · 83rd

  • 5500 $46M
  • ASSETS 698
  • PCT 83rd
  • EIN 401(k)
  • RANK near Merritt Management Corporation 401(k) Plan
  • PHOTO ind #4269

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 Real Estate retirement plans → · Plans in Ohio →

Towne Retirement 401(k) Plan in the asset neighbourhood

Towne Retirement 401(k) Plan$46MMerritt Management Corporation 401(k) PlanMerritt Management Corporati…$46MVertical Screen, Inc. 401(k) PlanVertical Screen, Inc. 401(k)…$46MOkuma America Corp. Savings and Investment PlanOkuma America Corp. Savings …$46MMcnichols Company Profit Sharing and 401(k) PlanMcnichols Company Profit Sha…$46M
End-of-year total assets ($M) among Towne Retirement 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$46M
Net Income$3M
Employer EIN310945003
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Towne Properties Asset Management Company, Inc.)

Sponsor-wide plan assets over time

All Towne Properties Asset Management Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$46M 24.31861124526049% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $37M $46M ▲ +24.3%
Year Plans Participants Total Assets
2022 1 614 $37M
2023 1 641 $43M
2024 1 698 $46M

Nearby 401(k) Plans in Ohio

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

Towne Retirement 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Towne Retirement 401(k) Plan, Total assets ($B): 0.045996091 · Participants: 698Towne Retirement 401(k) PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Towne Retirement 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Towne Retirement 401(k) Plan side-by-side with 3 peers →

Towne Retirement 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Merritt Management Corporation 401(k) Plan in MD ($46M); by covered participants it is Akrs Equipment Solutions Inc. 401(k) Plan in NE (698 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (698 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Towne Retirement 401(k) Plan assets move in 2024? ▼
Towne Retirement 401(k) Plan grew at a solid clip - up 7.5% during 2024, from $43M to $46M. Reported net income was $3M.
How have Towne Properties Asset Management Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Towne Properties Asset Management Company, Inc.'s sponsor-wide assets grew 24.3%, from $37M to $46M.
Where does Towne Retirement 401(k) Plan rank by assets among Form 5500 filers? ▼
Towne Retirement 401(k) Plan ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Towne Retirement 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Merritt Management Corporation 401(k) Plan in MD ($46M, 188 participants).
Which 401(k) plans cover a similar participant headcount to Towne Retirement 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Akrs Equipment Solutions Inc. 401(k) Plan in NE (698 participants, $86M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 310945003.

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.