401(k) · DOL Form 5500 · 2022

Tower Semiconductor Newport Beach Inc. 401(k) Plan

Data updated 2026-08-25

$125M
Total assets Near avg plan size
1,065
Participants Near avg headcount
94th
Percentile by assets National rank
$117,407
Avg per participant Below avg balance/head
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Official DOL plan name: Tower Semiconductor Newport Beach Retirement Savings Plan · Sponsored by Tower Semiconductor Newport Beach Inc. · California · Manufacturing

$125M in assets, 1,065 participants

Tower Semiconductor Newport Beach Inc.'s Tower Semiconductor Newport Beach Retirement Savings Plan reported $125M in total assets and 1,065 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #18,651 in Manufacturing (20,602 peers)

Where Tower Semiconductor Newport Beach Retirement Savings Plan sits by assets

Tower Semiconductor Newport Beach Retirement Savings Plan sits in the top 10% of all filed plans by assets, $125M for 1,065 participants (~$117,407/participant), down 16.9% in 2022.

#18,651
in Manufacturing (20,602 peers)
-16.9%
assets change YoY
1.3×
vs typical plan assets (national mean)

The plan reported a net loss of $26M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tower Semiconductor Newport Beach Retirement Savings Plan's outsized position by total assets

Tower Semiconductor Newport Beach Retirement Savings Plan vs every filed plan by assets

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

$125,038,000 Top 6% higher than 94% 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 Semiconductor Newport Beach Retirement Savings Plan's large-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 Semiconductor Newport Beach Retirement Savings Plan lands in the large band (1,065 participants).

Published 5500 schedule card

Filing strip 753005127 · Tower Semiconductor Newport Beach Inc. PY 2022 · 401(k)

Tower Semiconductor Newport Beach Retirement Savings Plan · $125M · 1,065 · 94th

  • 5500 $125M
  • 5500 1,065
  • 5500 94th
  • 5500 401(k)
  • 5500 near Gerber Collision & Glass 401(k) Plan
  • 5500 ind #18651

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 Retirement Savings Plan in the asset neighbourhood

Gerber Collision & Glass 401(k) PlanGerber Collision & Glass 401…$125MTower Semiconductor Newport Beach Retirement Savings PlanTower Semiconductor Newport …$125MIpsen Biopharmaceuticals, Inc. U.S. 401(k) PlanIpsen Biopharmaceuticals, In…$125MNeogenomics Laboratories, Inc. 401(k) Profit Sharing PlanNeogenomics Laboratories, In…$125MContinental Mills, Inc. 401 (K) Retirement Savings PlanContinental Mills, Inc. 401 …$125M
End-of-year total assets ($M) among Tower Semiconductor Newport Beach Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$150M
Net Assets (End of Year)$125M
Net Income-$26M
Employer EIN753005127
Plan Effective Date2002-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Semiconductor Newport Beach Inc.)

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
$140M$160M$180M$200M$220M$240M 202220232024 $160M $215M ▲ +34.9%
Year Plans Participants Total Assets
2022 3 1,737 $160M
2023 3 1,726 $189M
2024 3 1,540 $215M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Tower Semiconductor Newport Beach Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Tower Semiconductor Newport Beach Retirement Savings Plan, Total assets ($B): 0.125038 · Participants: 1065Tower Semiconductor Newport Beach Retirement Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Tower Semiconductor Newport Beach Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Tower Semiconductor Newport Beach Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Gerber Collision & Glass 401(k) Plan in IL ($125M); by covered participants it is Insurance Office of America 401(k) Plan in FL (1,065 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,065 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 Semiconductor Newport Beach Retirement Savings Plan assets move in 2022? ▼
Tower Semiconductor Newport Beach Retirement Savings Plan declined sharply - down 16.9% during 2022, from $150M to $125M. Reported net income was -$26M.
How have Tower Semiconductor Newport Beach Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Semiconductor Newport Beach Inc.'s sponsor-wide assets grew 34.9%, from $160M to $215M.
Where does Tower Semiconductor Newport Beach Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Tower Semiconductor Newport Beach Retirement Savings Plan ranks in the 94th 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 401(k) plans are similar in size to Tower Semiconductor Newport Beach Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gerber Collision & Glass 401(k) Plan in IL ($125M, 8,519 participants).
Which 401(k) plans cover a similar participant headcount to Tower Semiconductor Newport Beach Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Insurance Office of America 401(k) Plan in FL (1,065 participants, $55M in assets).