Plan Snapshot
- Plan Sponsor: Towne Properties Asset Management Company, INC.
- Sponsor EIN: 310945003
- Sponsor Address: 1055 ST. PAUL PLACE, CINCINNATI, OH, 45202
- Plan Type: 401(k)
- Total Participants: 690
- Total Assets: $46.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 690 | $46.0M | $470,966 | $2.1M |
| 2023 | 698 | $42.8M | $434,482 | $1.9M |
| 2022 | 641 | $37.0M | $426,396 | $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 |
|---|---|---|---|---|
| FLAGEL, HUBER, FLAGEL | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FLAGEL, HUBER, FLAGEL — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $166,136 | $52,614 | — | — | — |
| 2023 | $142,204 | $45,824 | — | — | — |
| 2022 | $149,779 | $46,921 | $102,858 | — | — |