401(k) · DOL Form 5500 · 2022
Tower Semiconductor Newport Beach Inc. 401(k) Plan
Data updated 2026-08-25
- $15M
- Total assets Small plan by assets
- 561
- Participants Below avg headcount
- 73rd
- Percentile by assets National rank
- $27,503
- Avg per participant Low balance/head
Official DOL plan name: Tower Semiconductor Newport Beach Hourly Savings Plan · Sponsored by Tower Semiconductor Newport Beach Inc. · California · Manufacturing
$15M in assets, 561 participants
Tower Semiconductor Newport Beach Inc.'s Tower Semiconductor Newport Beach Hourly Savings Plan reported $15M in total assets and 561 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.
- #12,893 in Manufacturing (20,602 peers)
Tower Semiconductor Newport Beach Inc. multi-year trail
Tower Semiconductor Newport Beach Inc.'s plans moved +34.9% in assets from 2022 to 2024; this filing shows Tower Semiconductor Newport Beach Hourly Savings Plan at $15M / 561 participants.
- #12,893
- in Manufacturing (20,602 peers)
- -20.9%
- assets change YoY
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Tower Semiconductor Newport Beach Hourly Savings Plan's outsized position by total assets
Tower Semiconductor Newport Beach Hourly Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$15,429,286 Top 27% higher than 73% 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 Semiconductor Newport Beach Hourly Savings 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 Semiconductor Newport Beach Hourly Savings Plan sits mid-pack in the medium band (561 participants).
EBSA filing schedule strip
Filing strip 753005127 · Tower Semiconductor Newport Beach Inc. PY 2022 · 401(k)
Tower Semiconductor Newport Beach Hourly Savings Plan · $15M · 561 · 73rd
- VS-ST $15M
- VS-ST 561
- VS-ST 73rd
- VS-ST 401(k)
- VS-ST near Illuminate Operations Inc. 401(k) Plan
- VS-ST ind #12893
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 California →
Tower Semiconductor Newport Beach Hourly Savings Plan in the asset neighbourhood
Tower Semiconductor Newport Beach Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Tower Semiconductor Newport Beach Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $215M 34.92179221563095% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 1,737 | $160M |
| 2023 | 3 | 1,726 | $189M |
| 2024 | 3 | 1,540 | $215M |
Tower Semiconductor Newport Beach Inc. filing trail (2022)
| Total Assets (Beginning of Year) | $20M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | -$4M |
| Employer EIN | 753005127 |
| Plan Effective Date | 2002-05-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $45.8B · 205,865
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
Tower Semiconductor Newport Beach Hourly Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside California, the nearest 401(k) by assets is Illuminate Operations Inc. 401(k) Plan in VA ($15M); by covered participants it is The Contractors Retirement Plan in PA (561 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($15M here).
- Illuminate Operations Inc. 401(k) Plan (VA) $15M · 295
- American Integrity 401(k) Plan (FL) $15M · 224
- Ballston Spa National Bank Supplemental Retirement Savings Plan (NY) $15M · 117
- Elford, Inc. 401(k) Plan (OH) $15M · 174
Similar participant headcount
Nearest other-state filings by covered participants (561 participants); asset peers above are excluded.
- The Contractors Retirement Plan (PA) 561 · 0 off
- Tower Federal Credit Union Savings Plan (MD) 561 · 0 off
- Smi Management, LLC 401(k) Plan and Trust (GA) 561 · 0 off
- Avl North America, Inc. 401(k) Plan (MI) 561 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.