Plan Snapshot
- Plan Sponsor: Towne Park, LLC
- Sponsor EIN: 521659267
- Sponsor Address: 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING, PA, 19462
- Plan Type: 401(k)
- Total Participants: 12,346
- Total Assets: $17.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12,346 | $17.7M | $517,665 | $2.8M |
| 2023 | 8,001 | $15.1M | $532,161 | $2.3M |
| 2022 | 7,022 | $12.0M | $944,630 | $1.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| KREISCHER MILLER | Auditor | $19,467 | — | $19,467 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KREISCHER MILLER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,467
- Estimated Expense Ratio: 0.110% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $200,055 | $43,224 | — | $19,467 | — |
| 2023 | $197,475 | $34,066 | — | $18,042 | — |
| 2022 | $162,031 | $5,174 | — | — | — |