Coverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$3.3M
- Life$2.7M
- Short-term disability$2.7M
- Long-term disability$2.7M
- Vision$247K
- Health$146K
Sponsor portfolioTH
TOWNEBANK
EIN 54-1910608financial servicesLatest filing 2025
Plans
2
Retirement
1
$391.6M assets
Welfare
1
$3.5M premiums
Participants
6,010
6001 HARBOUR VIEW BLVD - SUFFOLK, VA 234352767757-638-6704townebank.comLinkedIn1001-5000 employeesfinancial services
Plans on this EIN
2 filingsBenefits portfolio analytics
1 plan / $3.5M premiums / 3,931 covered livesCarrier market share
Premium dollars by Schedule A carrier
93%top
- METROPOLITAN LIFE INSURANCE COMPANY93%
- VISION SERVICE PLAN7%
Broker market share
Schedule A broker compensation
97%top
- THE FRIEDEN AGENCY INC97%
- PLANSOURCE BENEFITS ADMINISTRATION3%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
TOWNEBANK STOCK AND SAVINGS PLAN
ESOP
Assets$391.6M
Participants3,429
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#505
TOWNEBANK EMPLOYEE WELFARE PLAN
Mixed - METROPOLITAN LIFE INSURANCE COMPANY
Premiums$3.5M
Covered lives3,931
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans1
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | TOWNEBANK STOCK AND SAVINGS PLAN | ESOP | $391.6M | 3,429 | 2025 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 505 | TOWNEBANK EMPLOYEE WELFARE PLAN | Mixed | METROPOLITAN LIFE INSURANCE COMPANY | $3.5M | 3,931 | 2025 |
Retirement plans
Welfare plans