401(k) · DOL Form 5500 · 2022

Tower Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
140
Participants Small participant base
70th
Percentile by assets National rank
$93,738
Avg per participant Below avg balance/head
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Official DOL plan name: Tower Industries, Inc. 401(k) Profit Sharing Plan · Sponsored by Tower Industries, Inc. · California · Manufacturing

$13M in assets, 140 participants

Tower Industries, Inc.'s Tower Industries, Inc. 401(k) Profit Sharing Plan reported $13M in total assets and 140 participants in its 2022 DOL Form 5500 filing, ranking in the 70th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #12,148 in Manufacturing (20,602 peers)

Coverage in California

Tower Industries, Inc. 401(k) Profit Sharing Plan covers 140 participants in California, about 22% of the average California filer (state average ~630 per filing). Assets: $13M.

#12,148
in Manufacturing (20,602 peers)
-19.5%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tower Industries, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Tower Industries, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$13,123,388 Top 30% higher than 70% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Tower Industries, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tower Industries, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (140 participants).

Published 5500 schedule card

Filing strip 420774895 · Tower Industries, Inc. PY 2022 · 401(k)

Tower Industries, Inc. 401(k) Profit Sharing Plan · $13M · 140 · 70th

  • BOY $13M
  • BOY 140
  • BOY 70th
  • BOY 401(k)
  • BOY near E.M. Duggan, Inc. Retirement Plan
  • BOY ind #12148

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in California →

Tower Industries, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Tower Industries, Inc. 401(k) Profit Sharing PlanTower Industries, Inc. 401(k…$13ME.M. Duggan, Inc. Retirement PlanE.M. Duggan, Inc. Retirement…$13MLincoln Radiology Group, P. C. 401(k) Profit Sharing PlanLincoln Radiology Group, P. …$13M3v Sigma USA Inc. Profit Sharing / 401(k) Plan3v Sigma USA Inc. Profit Sha…$13MNew Hudson Facades, LLC Retirement Savings PlanNew Hudson Facades, LLC Reti…$13M
End-of-year total assets ($M) among Tower Industries, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$13M
Net Income-$3M
Employer EIN420774895
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Industries, Inc.)

Sponsor-wide plan assets over time

All Tower Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 37.50879727094863% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.1M $18.1M ▲ +37.6%
Year Plans Participants Total Assets
2022 1 140 $13M
2023 1 141 $16M
2024 1 161 $18M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Tower Industries, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Tower Industries, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.013123388 · Participants: 140Tower Industries, Inc. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Tower Industries, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Tower Industries, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Tower Industries, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is E.M. Duggan, Inc. Retirement Plan in MA ($13M); by covered participants it is Dot Leasing Inc 401(k) Profit Sharing Plan & Trust in TX (140 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (140 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tower Industries, Inc. 401(k) Profit Sharing Plan assets move in 2022? ▼
Tower Industries, Inc. 401(k) Profit Sharing Plan declined sharply - down 19.5% during 2022, from $16M to $13M. Reported net income was -$3M.
How have Tower Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Industries, Inc.'s sponsor-wide assets grew 37.5%, from $13M to $18M.
Which 401(k) plans are similar in size to Tower Industries, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is E.M. Duggan, Inc. Retirement Plan in MA ($13M, 104 participants).
Which 401(k) plans cover a similar participant headcount to Tower Industries, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dot Leasing Inc 401(k) Profit Sharing Plan & Trust in TX (140 participants, $584K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 420774895.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.