Plan Snapshot
- Plan Sponsor: Townsend Tree Service Company, INC.
- Sponsor EIN: 351038926
- Sponsor Address: P.O. BOX 7015, MUNCIE, IN, 47308
- Plan Type: 401(k)
- Total Participants: 203
- Total Assets: $12.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 203 | $12.2M | $137,828 | $813,322 |
| 2023 | 210 | $13.8M | $148,708 | $814,033 |
| 2022 | 217 | $11.8M | $144,705 | $776,940 |
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 |
|---|---|---|---|---|
| FIRST MERCHANTS TRUST COMPANY | TPA | $52,083 | — | $52,083 |
| BLUE & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLUE & COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,083
- Estimated Expense Ratio: 0.428% 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 | $52,083 | — | $52,083 | — | — |
| 2023 | $49,634 | — | $49,634 | — | — |
| 2022 | $51,539 | — | — | — | $51,539 |