Defined Benefit (Pension) · DOL Form 5500 · 2022

Tower Federal Credit Union Pension Plan

Data updated 2026-08-25

$90M
Total assets Below avg plan size
427
Participants Below avg headcount
92nd
Percentile by assets National rank
$210,311
Avg per participant Above avg balance/head
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Official DOL plan name: Tower Federal Credit Union Retirement Plan · Sponsored by Tower Federal Credit Union · Maryland · Finance & Insurance

$90M in assets, 427 participants

Tower Federal Credit Union's Tower Federal Credit Union Retirement Plan reported $90M in total assets and 427 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,101 in Finance & Insurance (9,261 peers)

Coverage in Maryland

Tower Federal Credit Union Retirement Plan covers 427 participants in Maryland, about 46% of the average Maryland filer (state average ~929 per filing). Assets: $90M.

#8,101
in Finance & Insurance (9,261 peers)
+11.6%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Tower Federal Credit Union Retirement Plan's outsized position by total assets

Tower Federal Credit Union Retirement Plan vs every filed plan by assets

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

$89,802,891 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Tower Federal Credit Union Retirement 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 Federal Credit Union Retirement Plan sits mid-pack in the medium band (427 participants).

Form 5500 schedule snapshot

Filing strip 530214895 · Tower Federal Credit Union PY 2022 · Defined Benefit (Pension)

Tower Federal Credit Union Retirement Plan · $90M · 427 · 92nd

  • NET $90M
  • BOOK 427
  • VS-ST 92nd
  • BOY Defined Benefit (Pension)
  • SCH near Retirement Plan of the Wine, Liquor & Distillery Workers Union Local 1d Pension Fund
  • EBSA ind #8101

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 Finance & Insurance retirement plans → · Plans in Maryland →

Tower Federal Credit Union Retirement Plan in the asset neighbourhood

Anywhere Real Estate Group LLC Pension PlanAnywhere Real Estate Group L…$90MTower Federal Credit Union Retirement PlanTower Federal Credit Union R…$90MRetirement Plan of the Wine, Liquor & Distillery Workers Union Local 1d Pension FundRetirement Plan of the Wine,…$90MRetirement Plan for the Employees of Bessemer Securities Corporation and AffiliatesRetirement Plan for the Empl…$90MGermania Companies Employees Defined Benefit Pension PlanGermania Companies Employees…$90M
End-of-year total assets ($M) among Tower Federal Credit Union Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$80M
Net Assets (End of Year)$90M
Net Income$9M
Employer EIN530214895
Plan Effective Date1964-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Federal Credit Union)

Sponsor-wide plan assets over time

All Tower Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$200M 31.43032486595433% vs 2022
2024 filing year
$140M$160M$180M$200M$220M 202220232024 $152M $200M ▲ +31.4%
Year Plans Participants Total Assets
2022 2 988 $152M
2023 2 976 $178M
2024 2 983 $200M

Nearby Defined Benefit (Pension) Plans in Maryland

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Tower Federal Credit Union Retirement Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Tower Federal Credit Union Retirement Plan, Total assets ($B): 0.089802891 · Participants: 427Tower Federal Credit Union Retirement PlanLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.843533772 · Participants: 21647Lockheed Martin Corporation Salaried Employee Retirement ProgramNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.273549408 · Participants: 14916National Automatic Sprinkler Industry Pension FundMajor League Baseball Players Pension Plan, Total assets ($B): 4.247803775 · Participants: 1041Major League Baseball Players Pension PlanInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 3.938448124 · Participants: 50952International Painters and Allied Trades Industry Pension PlanBert Bell/Pete Rozelle Nfl Player Retirement Plan, Total assets ($B): 3.67312584 · Participants: 2587Bert Bell/Pete Rozelle Nfl Player Retirement Plan
Tower Federal Credit Union Retirement Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
Compare Tower Federal Credit Union Retirement Plan side-by-side with 3 peers →

Tower Federal Credit Union Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Retirement Plan of the Wine, Liquor & Distillery Workers Union Local 1d Pension Fund in NY ($90M); by covered participants it is Major League Baseball Pension Plan for Non-Uniformed Personnel in PA (427 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (427 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tower Federal Credit Union Retirement Plan assets move in 2022? ▼
Tower Federal Credit Union Retirement Plan grew at a solid clip - up 11.6% during 2022, from $80M to $90M. Reported net income was $9M.
How have Tower Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Federal Credit Union's sponsor-wide assets grew 31.4%, from $152M to $200M.
Where does Tower Federal Credit Union Retirement Plan rank by assets among Form 5500 filers? ▼
Tower Federal Credit Union Retirement Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Tower Federal Credit Union Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan of the Wine, Liquor & Distillery Workers Union Local 1d Pension Fund in NY ($90M, 787 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Tower Federal Credit Union Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Major League Baseball Pension Plan for Non-Uniformed Personnel in PA (427 participants, $125M in assets).

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 530214895.

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.