Other
2022 plan-year Other DOL Form 5500

Tower International Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Tower Automotive Operations USA I, LLC · Michigan · Manufacturing

What the 2023 filing shows

Tower International Pension Plan holds $124M for 378 participants — about $328,481 per participant, down 27.9% over the 2022 plan year.

$124M
total plan assets (2022 EOY)
378
covered participants
$328,481
avg assets per participant
-27.9%
assets change YoY

The plan reported a net loss of $48M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$124M
Participants
378
State
Industry
Manufacturing

What the Filing Says About Tower International Pension Plan

Tower International Pension Plan is a Other retirement plan sponsored by Tower Automotive Operations USA I, LLC, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $124M in total end-of-year assets and covers 378 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 260440499, and the plan has been effective since 1997-04-18. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $172M at the beginning of 2022 to $124M at year-end — a decline of 27.9%. Net assets (after liabilities) closed the year at $124M, with reported net income of $-47,943,896 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$172M
Total Assets (End of Year)$124M
Net Assets (End of Year)$124M
Net Income$-47,943,896
Plan TypeOther
Employer EIN260440499
Plan Effective Date1997-04-18
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Automotive Operations USA I, LLC)

Year Plans Participants Total Assets
2022 1 378 $124M
2023 1 345 $120M
2024 1 308 $109M

Nearby Other Plans in Michigan

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

Frequently Asked Questions

How much money is in the Tower International Pension Plan?
As of the 2022 Form 5500 filing, Tower International Pension Plan holds $124M in total assets with 378 participants. It is sponsored by Tower Automotive Operations USA I, LLC.
What type of plan is Tower International Pension Plan?
Tower International Pension Plan is a Other plan. It has been effective since 1997-04-18. The plan is filed with the U.S. Department of Labor under EIN 260440499.
Who sponsors the Tower International Pension Plan?
Tower International Pension Plan is sponsored by Tower Automotive Operations USA I, LLC, located in Michigan. The sponsor's EIN is 260440499 and the plan operates in the Manufacturing industry.
How did Tower International Pension Plan perform in 2022?
Tower International Pension Plan declined by 27.9% during 2022, moving from $172M to $124M in total assets. Net income was $-47,943,896.
Where can I find official filings for Tower International Pension Plan?
Official Form 5500 filings for Tower International Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 260440499 or plan name at efast.dol.gov.
How does Tower International Pension Plan compare to other plans?
You can compare Tower International Pension Plan against other Other plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 260440499.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.