401(k) · DOL Form 5500 · 2022

Tower Community Bank 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
51
Participants Small participant base
51st
Percentile by assets National rank
$99,462
Avg per participant Below avg balance/head
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Official DOL plan name: Tower Community Bank Employee Stock Ownership Plan · Sponsored by Tower Community Bank · Tennessee · Finance & Insurance

$5M in assets, 51 participants

Tower Community Bank's Tower Community Bank Employee Stock Ownership Plan reported $5M in total assets and 51 participants in its 2022 DOL Form 5500 filing, ranking in the 51st 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.

  • #3,284 in Finance & Insurance (9,261 peers)

Tower Community Bank multi-year trail

Tower Community Bank's plans moved +32.1% in assets from 2022 to 2024; this filing shows Tower Community Bank Employee Stock Ownership Plan at $5M / 51 participants.

#3,284
in Finance & Insurance (9,261 peers)
+15.5%
assets growth YoY

Tower Community Bank Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Tower Community Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$5,072,562 Top 49% higher than 51% 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 Community Bank Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tower Community Bank Employee Stock Ownership Plan is a small filing (51 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 620806182 · Tower Community Bank PY 2022 · 401(k)

Tower Community Bank Employee Stock Ownership Plan · $5M · 51 · 51st

  • EOY $5M
  • 5500 51
  • ASSETS 51st
  • PCT 401(k)
  • EIN near Taylor Retina Center P.a. 401(k) Safe Harbor Profit Sharing Plan
  • RANK ind #3284

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 Finance & Insurance retirement plans → · Plans in Tennessee →

Tower Community Bank Employee Stock Ownership Plan in the asset neighbourhood

Tower Community Bank Employee Stock Ownership PlanTower Community Bank Employe…$5MTaylor Retina Center P.a. 401(k) Safe Harbor Profit Sharing PlanTaylor Retina Center P.a. 40…$5MAuto Wash Maintenance Corporation 401(k) PlanAuto Wash Maintenance Corpor…$5MBudreck Truck Lines Inc. 401(k) Profit Sharing Plan and TrustBudreck Truck Lines Inc. 401…$5MArguindegui Management Company, LLC 401(k) Retirement PlanArguindegui Management Compa…$5M
End-of-year total assets ($M) among Tower Community Bank Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tower Community Bank multi-year asset trail

Sponsor-wide plan assets over time

All Tower Community Bank plans reported in each filing year

Latest sponsor-wide plan assets
$7M 32.078957339506154% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M$6.5M$7M 202220232024 $5.07M $6.7M ▲ +32.1%
Year Plans Participants Total Assets
2022 1 51 $5M
2023 1 58 $6M
2024 1 67 $7M

Tower Community Bank filing trail (2022)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$511K
Employer EIN620806182
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Tennessee

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

Tower Community Bank Employee Stock Ownership Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Tower Community Bank Employee Stock Ownership Plan, Total assets ($B): 0.005072562 · Participants: 51Tower Community Bank Employee Stock Ownership PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Tower Community Bank Employee Stock Ownership Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Tower Community Bank Employee Stock Ownership Plan side-by-side with 3 peers →

Tower Community Bank Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Taylor Retina Center P.a. 401(k) Safe Harbor Profit Sharing Plan in NC ($5M); by covered participants it is Gevurtz, Menashe, P.C. 401(k) Profit Sharing Plan and Trust in OR (51 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (51 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 Community Bank Employee Stock Ownership Plan assets move in 2022? ▼
Tower Community Bank Employee Stock Ownership Plan grew sharply - up 15.5% during 2022, from $4M to $5M. Reported net income was $511K.
How have Tower Community Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Community Bank's sponsor-wide assets grew 32.1%, from $5M to $7M.
Which 401(k) plans are similar in size to Tower Community Bank Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Taylor Retina Center P.a. 401(k) Safe Harbor Profit Sharing Plan in NC ($5M, 41 participants).
Which 401(k) plans cover a similar participant headcount to Tower Community Bank Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gevurtz, Menashe, P.C. 401(k) Profit Sharing Plan and Trust in OR (51 participants, $11M 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 620806182.

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.