401(k) · DOL Form 5500 · 2022

Tower Laboratories Ltd. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
251
Participants Below avg headcount
75th
Percentile by assets National rank
$67,500
Avg per participant Below avg balance/head
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Official DOL plan name: Tower Laboratories 401(k) Plan · Sponsored by Tower Laboratories Ltd. · Connecticut · Manufacturing

$17M in assets, 251 participants

Tower Laboratories Ltd.'s Tower Laboratories 401(k) Plan reported $17M in total assets and 251 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • #13,301 in Manufacturing (20,602 peers)

Coverage in Connecticut

Tower Laboratories 401(k) Plan covers 251 participants in Connecticut, about 35% of the average Connecticut filer (state average ~718 per filing). Assets: $17M.

#13,301
in Manufacturing (20,602 peers)
-13.9%
assets change YoY
0.2×
vs typical plan assets (national mean)

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 Laboratories 401(k) Plan's outsized position by total assets

Tower Laboratories 401(k) Plan vs every filed plan by assets

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

$16,942,396 Top 25% higher than 75% 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 Laboratories 401(k) 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 Laboratories 401(k) Plan sits mid-pack in the medium band (251 participants).

EBSA filing schedule strip

Filing strip 061009478 · Tower Laboratories Ltd. PY 2022 · 401(k)

Tower Laboratories 401(k) Plan · $17M · 251 · 75th

  • EIN $17M
  • EIN 251
  • EIN 75th
  • EIN 401(k)
  • EIN near Powers and Sons, LLC 401(k) Plan
  • EIN ind #13301

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 Connecticut →

Tower Laboratories 401(k) Plan in the asset neighbourhood

Tower Laboratories 401(k) PlanTower Laboratories 401(k) Pl…$17MPowers and Sons, LLC 401(k) PlanPowers and Sons, LLC 401(k) …$17MHealth Information Associates, Inc. 401(k) PlanHealth Information Associate…$17MExegy Incorporated 401(k) PlanExegy Incorporated 401(k) Pl…$17MGary D. Nelson Associates, Inc. 401(k) Profit Sharing Plan and TrustGary D. Nelson Associates, I…$17M
End-of-year total assets ($M) among Tower Laboratories 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Connecticut filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$17M
Net Income-$3M
Employer EIN061009478
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Laboratories Ltd.)

Sponsor-wide plan assets over time

All Tower Laboratories Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 31.625373412355607% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $16.9M $22.3M ▲ +31.6%
Year Plans Participants Total Assets
2022 1 251 $17M
2023 1 282 $20M
2024 1 265 $22M

Nearby 401(k) Plans in Connecticut

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

Tower Laboratories 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants Tower Laboratories 401(k) Plan, Total assets ($B): 0.016942396 · Participants: 251Tower Laboratories 401(k) PlanUnited Technologies Corporation Employee Savings Plan, Total assets ($B): 48.916975 · Participants: 55762United Technologies Corporation Employee Savings PlanGE Retirement Savings Plan, Total assets ($B): 24.786830027 · Participants: 57522GE Retirement Savings PlanCiti Retirement Savings Plan, Total assets ($B): 17.438946034 · Participants: 70070Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 5.615003 · Participants: 17724The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.641347 · Participants: 11876Xerox Corporation Savings Plan
Tower Laboratories 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Tower Laboratories 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Powers and Sons, LLC 401(k) Plan in OH ($17M); by covered participants it is Trusted Senior Care, LLC Dba Home Instead Senior Care 401(k) Plan in KY (251 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (251 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 Laboratories 401(k) Plan assets move in 2022?
Tower Laboratories 401(k) Plan pulled back noticeably - down 13.9% during 2022, from $20M to $17M. Reported net income was -$3M.
How have Tower Laboratories Ltd. plan assets changed over time?
Across 3 plan years on file (2022-2024), Tower Laboratories Ltd.'s sponsor-wide assets grew 31.6%, from $17M to $22M.
Where does Tower Laboratories 401(k) Plan rank by assets among Form 5500 filers?
Tower Laboratories 401(k) Plan ranks in the 75th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Tower Laboratories 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Powers and Sons, LLC 401(k) Plan in OH ($17M, 621 participants).
Which 401(k) plans cover a similar participant headcount to Tower Laboratories 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Trusted Senior Care, LLC Dba Home Instead Senior Care 401(k) Plan in KY (251 participants, N/A in assets).