Other · DOL Form 5500 · 2022
Tower Health Retirement Plan
Data updated 2026-08-25
- $788M
- Total assets Above avg plan size
- 12,324
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $63,906
- Avg per participant Low balance/head
Official DOL plan name: Tower Health 403(b) Plan · Sponsored by Tower Health · Pennsylvania · Healthcare & Social Assistance
$788M in assets, 12,324 participants
Tower Health's Tower Health 403(b) Plan reported $788M in total assets and 12,324 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #19,827 in Healthcare & Social Assistance (20,060 peers)
Coverage in Pennsylvania
Tower Health 403(b) Plan covers 12,324 participants in Pennsylvania, 15x the typical Pennsylvania plan (state average ~822 per filing). Assets: $788M.
- #19,827
- in Healthcare & Social Assistance (20,060 peers)
- -11.7%
- assets change YoY
- 7.9×
- vs typical plan assets (national mean)
The plan reported a net loss of $104M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Tower Health 403(b) Plan's outsized position by total assets
Tower Health 403(b) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$787,576,372 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Tower Health 403(b) Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tower Health 403(b) Plan is a mega filing (12,324 participants), the rightmost band on the breakdown.
Form 5500 schedule snapshot
Filing strip 232201344 · Tower Health PY 2022 · Other
Tower Health 403(b) Plan · $788M · 12,324 · 99th
- TYPE $788M
- TYPE 12,324
- TYPE 99th
- TYPE Other
- TYPE near Yale University Tax-Deferred 403(b) Savings Plan
- TYPE ind #19827
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 Healthcare & Social Assistance retirement plans → · Plans in Pennsylvania →
Tower Health 403(b) Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $892M |
|---|---|
| Net Assets (End of Year) | $788M |
| Net Income | -$104M |
| Employer EIN | 232201344 |
| Plan Effective Date | 1997-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tower Health)
Sponsor-wide plan assets over time
All Tower Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.1B 43.64676217076761% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 12,324 | $788M |
| 2023 | 1 | 11,344 | $967M |
| 2024 | 1 | 11,699 | $1.1B |
Nearby Other Plans in Pennsylvania
Peer Other plans, same state, same plan type, ranked by total assets.
- The University of Pennsylvania Matching Plan $5.5B · 13,262
- Upmc 403(b) Retirement Savings Plan $3.5B · 75,307
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan $2.5B · 39,740
- Carnegie Mellon University Faculty and Staff Retirement Plan $2.2B · 6,166
- Jefferson Defined Contribution Retirement Plan $2.1B · 14,302
Scale composition for Tower Health 403(b) Plan
Tower Health 403(b) Plan reports $788M in end-of-year assets across 12,324 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $63,906 per participant (46% of the national average assets-per-participant) . Net income for plan year 2022 was -$104M.
This plan identity (EIN 232201344, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $788M to $1.1B (+43.6%) while covered participants moved from 12,324 to 11,699 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,324 | $788M | This page |
| 2023 | 11,344 | $967M | Open filing |
| 2024 · index core | 11,699 | $1.1B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Tower Health 403(b) Plan (Other, $1.1B, 11,699 participants)
Tower Health 403(b) Plan's out-of-state Other peers by assets and headcount
Outside Pennsylvania, the nearest Other by assets is Yale University Tax-Deferred 403(b) Savings Plan in CT ($785M); by covered participants it is The Mitre Corporation Tax Sheltered Annuity Plan in MA (12,320 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($788M here).
- Yale University Tax-Deferred 403(b) Savings Plan (CT) $785M · 16,785
- Tufts University Voluntary Retirement Plan (MA) $796M · 4,023
- Marquette University Retirement Plan (WI) $779M · 2,039
- Maimonides Medical Center Tax Deferred Retirement Plan (NY) $802M · 5,122
Similar participant headcount
Nearest other-state filings by covered participants (12,324 participants); asset peers above are excluded.
- The Mitre Corporation Tax Sheltered Annuity Plan (MA) 12,320 · 4 off
- University of Miami Retirement Savings Plan (FL) 12,294 · 30 off
- Baylor College of Medicine Section 403b (TX) 12,275 · 49 off
- Boston University Supplemental Retirement and Savings Plan (MA) 12,377 · 53 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.