Other · DOL Form 5500 · 2022

Tower Health Retirement Plan

Data updated 2026-08-11

$788M
Total assets
12,324
Participants
99th
Percentile by assets
$63,906
Avg per participant
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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.

  • 99th percentile by assets (of 139,126 plans)
  • #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.

$788M
total plan assets (2022 EOY)
12,324
covered participants
99th
percentile by assets (of 139,126 plans)
$63,906
avg assets per participant

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.

Where Tower Health 403(b) Plan sits 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

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
Pennsylvania
Industry
Healthcare & Social Assistance

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Tower Health 403(b) Plan reports 12,324 participants - 15x that state average ($788M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$892M
Net Assets (End of Year)$788M
Net Income-$104M
Employer EIN232201344
Plan Effective Date1997-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Health)

$0.6B$0.8B$1B$1.2B 202220232024 $0.79B $1.13B ▲ +43.0%
Total plan assets by year, all Tower Health plans on file
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.

Tower Health 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 0246 Total assets ($B) Participants Tower Health 403(b) …, Total assets ($B): 0.787576372 · Participants: 12324Tower Health 403(b) …The University of Pe…, Total assets ($B): 5.530640141 · Participants: 13262The University of Pe…Upmc 403(b) Retireme…, Total assets ($B): 3.456020418 · Participants: 75307Upmc 403(b) Retireme…The University of Pe…, Total assets ($B): 2.490968748 · Participants: 39740The University of Pe…Carnegie Mellon Univ…, Total assets ($B): 2.240167169 · Participants: 6166Carnegie Mellon Univ…Jefferson Defined Co…, Total assets ($B): 2.11120447 · Participants: 14302Jefferson Defined Co…
Tower Health 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants
Compare Tower Health 403(b) Plan side-by-side with 3 peers →

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:

Similar-Sized Other Plans Nationally

Other plans in other states closest to Tower Health 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Tower Health 403(b) Plan assets move in 2022? ▼
Tower Health 403(b) Plan pulled back noticeably - down 11.7% during 2022, from $892M to $788M. Reported net income was -$104M.
How have Tower Health plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Health's sponsor-wide assets grew 43.6%, from $788M to $1.1B.
Where does Tower Health 403(b) Plan rank by assets among Form 5500 filers? ▼
Tower Health 403(b) Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Other plans are similar in size to Tower Health 403(b) Plan? ▼
Among Other plans in other states, the closest by assets is Yale University Tax-Deferred 403(b) Savings Plan in CT ($785M, 16,785 participants).

Next read for Tower Health 403(b) Plan

Filing takeaways

Ways to act on Tower Health 403(b) Plan'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 232201344.

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.