401k Plan data: TOWNE PHARMACY 401(K) RETIREMENT PLAN plan

TOWNE PHARMACY 401(K) RETIREMENT PLAN 401k Plan overview

Plan Name	TOWNE PHARMACY 401(K) RETIREMENT PLAN
Plan identification number	001

TOWNE PHARMACY 401(K) RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

TOWNE PHARMACY has sponsored the creation of one or more 401k plans.

Company Name: TOWNE PHARMACY

Employer identification number (EIN): 060808089

NAIC Classification: 446110
NAIC Description: Pharmacies and Drug Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TOWNE PHARMACY 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-01-01 KAREN RAGONESE 2019-07-15
001 2017-01-01 KAREN RAGONESE 2018-07-27
001 2016-01-01 KAREN RAGONESE 2017-10-16
001 2015-01-01 KAREN RAGONESE 2016-10-17
001 2014-01-01 KAREN RAGONESE
001 2013-01-01 KAREN RAGONESE
001 2012-01-01 KAREN RAGONESE
001 2011-01-01 KAREN RAGONESE

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2018-01-01	KAREN RAGONESE	2019-07-15
001	2017-01-01	KAREN RAGONESE	2018-07-27
001	2016-01-01	KAREN RAGONESE	2017-10-16
001	2015-01-01	KAREN RAGONESE	2016-10-17
001	2014-01-01	KAREN RAGONESE
001	2013-01-01	KAREN RAGONESE
001	2012-01-01	KAREN RAGONESE
001	2011-01-01	KAREN RAGONESE

Plan Statistics for TOWNE PHARMACY 401(K) RETIREMENT PLAN

401k plan membership statisitcs for TOWNE PHARMACY 401(K) RETIREMENT PLAN

Measure Date Value
2014: TOWNE PHARMACY 401(K) RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 8
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 9
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 9
Number of participants with account balances 2014-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: TOWNE PHARMACY 401(K) RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 9
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 8
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 8
Number of participants with account balances 2013-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: TOWNE PHARMACY 401(K) RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 9
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 9
Number of participants with account balances 2012-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: TOWNE PHARMACY 401(K) RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 0
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 6
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 6
Number of participants with account balances 2011-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2014: TOWNE PHARMACY 401(K) RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	8
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	9
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	9
Number of participants with account balances	2014-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: TOWNE PHARMACY 401(K) RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	9
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	8
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	8
Number of participants with account balances	2013-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: TOWNE PHARMACY 401(K) RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	9
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	9
Number of participants with account balances	2012-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: TOWNE PHARMACY 401(K) RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	0
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	6
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	6
Number of participants with account balances	2011-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on TOWNE PHARMACY 401(K) RETIREMENT PLAN

Measure	Date	Value
2014 : TOWNE PHARMACY 401(K) RETIREMENT PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$140,557
Total plan assets at end of year	2014-12-31	$1,230,849
Total plan assets at beginning of year	2014-12-31	$1,090,292
Value of fidelity bond covering the plan	2014-12-31	$90,000
Total contributions received or receivable from participants	2014-12-31	$86,078
Other income received	2014-12-31	$32,153
Net income (gross income less expenses)	2014-12-31	$140,557
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,230,849
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,090,292
Total contributions received or receivable from employer(s)	2014-12-31	$22,326
2013 : TOWNE PHARMACY 401(K) RETIREMENT PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$281,044
Total plan assets at end of year	2013-12-31	$1,090,292
Total plan assets at beginning of year	2013-12-31	$809,248
Value of fidelity bond covering the plan	2013-12-31	$90,000
Total contributions received or receivable from participants	2013-12-31	$85,568
Other income received	2013-12-31	$175,039
Net income (gross income less expenses)	2013-12-31	$281,044
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,090,292
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$809,248
Total contributions received or receivable from employer(s)	2013-12-31	$20,437
2012 : TOWNE PHARMACY 401(K) RETIREMENT PLAN 2012 401k financial data
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$187,576
Expenses. Total of all expenses incurred	2012-12-31	$0
Benefits paid (including direct rollovers)	2012-12-31	$0
Total plan assets at end of year	2012-12-31	$809,248
Total plan assets at beginning of year	2012-12-31	$621,672
Value of fidelity bond covering the plan	2012-12-31	$90,000
Total contributions received or receivable from participants	2012-12-31	$83,943
Expenses. Other expenses not covered elsewhere	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$3,795
Other income received	2012-12-31	$76,741
Noncash contributions received	2012-12-31	$0
Net income (gross income less expenses)	2012-12-31	$187,576
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$809,248
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$621,672
Total contributions received or receivable from employer(s)	2012-12-31	$23,097
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$0
2011 : TOWNE PHARMACY 401(K) RETIREMENT PLAN 2011 401k financial data
Transfers to/from the plan	2011-12-31	$0
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$621,672
Expenses. Total of all expenses incurred	2011-12-31	$0
Benefits paid (including direct rollovers)	2011-12-31	$0
Total plan assets at end of year	2011-12-31	$621,672
Total plan assets at beginning of year	2011-12-31	$0
Total contributions received or receivable from participants	2011-12-31	$49,722
Expenses. Other expenses not covered elsewhere	2011-12-31	$0
Contributions received from other sources (not participants or employers)	2011-12-31	$566,803
Other income received	2011-12-31	$-14,837
Noncash contributions received	2011-12-31	$0
Net income (gross income less expenses)	2011-12-31	$621,672
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$621,672
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$0
Total contributions received or receivable from employer(s)	2011-12-31	$19,984
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$0

Form 5500 Responses for TOWNE PHARMACY 401(K) RETIREMENT PLAN

2014: TOWNE PHARMACY 401(K) RETIREMENT PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: TOWNE PHARMACY 401(K) RETIREMENT PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: TOWNE PHARMACY 401(K) RETIREMENT PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: TOWNE PHARMACY 401(K) RETIREMENT PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	First time form 5500 has been submitted	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	TOWNE PHARMACY
Employer identification number (EIN):	060808089
NAIC Classification:	446110
NAIC Description:	Pharmacies and Drug Stores