ESOP · DOL Form 5500 · 2022

Tower Products Incorporated ESOP

Data updated 2026-08-11

$42M
Total assets
131
Participants
86th
Percentile by assets
$320,955
Avg per participant
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Official DOL plan name: Tower Products ESOP · Sponsored by Tower Products Incorporated · New York · Retail Trade

$42M in assets, 131 participants

Tower Products Incorporated's Tower Products ESOP reported $42M in total assets and 131 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 139,126 plans)
  • #8,807 in Retail Trade (9,519 peers)

Coverage in New York

Tower Products ESOP covers 131 participants in New York, about 16% of the average New York filer (state average ~798 per filing). Assets: $42M.

$42M
total plan assets (2022 EOY)
131
covered participants
86th
percentile by assets (of 139,126 plans)
$320,955
avg assets per participant

Where Tower Products ESOP sits by total assets

Tower Products ESOP vs every filed plan by assets

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

$42,045,140 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
New York
Industry
Retail Trade

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Tower Products ESOP reports 131 participants - about 16% of that state average ($42M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$9M
Net Income$17M
Employer EIN141659003
Plan Effective Date2015-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Products Incorporated)

$50M$60M$70M$80M$90M 202220232024 $57.9M $79.7M ▲ +37.8%
Total plan assets by year, all Tower Products Incorporated plans on file
Year Plans Participants Total Assets
2022 2 293 $58M
2023 2 327 $73M
2024 2 363 $80M

Nearby ESOP Plans in New York

Peer ESOP plans, same state, same plan type, ranked by total assets.

Tower Products ESOP vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 02004006008001000 Total assets ($M) Participants Tower Products ESOP, Total assets ($M): 42.04514 · Participants: 131Tower Products ESOPStewart's Shops Corp…, Total assets ($M): 781.613108 · Participants: 3443Stewart's Shops Corp…Lewis Tree Service E…, Total assets ($M): 384.275596 · Participants: 3307Lewis Tree Service E…H.C. Wainwright & Co…, Total assets ($M): 293.053093 · Participants: 118H.C. Wainwright & Co…Greenman-Pedersen, I…, Total assets ($M): 207.331837 · Participants: 1611Greenman-Pedersen, I…Griffon Corporation …, Total assets ($M): 183.683651 · Participants: 3775Griffon Corporation …
Tower Products ESOP vs. nearby ESOP plans in New York, assets vs. participants
Compare Tower Products ESOP side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Tower Products ESOP by total assets, not by location.

Frequently Asked Questions

How did Tower Products ESOP assets move in 2022? ▼
Tower Products ESOP surged - up 66.0% during 2022, from $25M to $42M. Reported net income was $17M.
How have Tower Products Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Products Incorporated's sponsor-wide assets grew 37.8%, from $58M to $80M.
Where does Tower Products ESOP rank by assets among Form 5500 filers? ▼
Tower Products ESOP ranks in the 86th 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 ESOP plans are similar in size to Tower Products ESOP? ▼
Among ESOP plans in other states, the closest by assets is Tech-Etch Employee Stock Ownership Plan in MA ($42M, 763 participants).

Next read for Tower Products ESOP

Filing takeaways

Ways to act on Tower Products ESOP's numbers.

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 141659003.

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.