401(k) · DOL Form 5500 · 2022
Tower Semiconductor Newport Beach Inc. 401(k) Plan
Data updated 2026-08-11
- $125M
- Total assets
- 1,065
- Participants
- 94th
- Percentile by assets
- $117,407
- Avg per participant
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.
- 94th percentile by assets (of 139,126 plans)
- #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.
- $125M
- total plan assets (2022 EOY)
- 1,065
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $117,407
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Tower Semiconductor Newport Beach Retirement Savings Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $150M |
|---|---|
| Net Assets (End of Year) | $125M |
| Net Income | -$26M |
| Employer EIN | 753005127 |
| Plan Effective Date | 2002-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tower Semiconductor Newport Beach Inc.)
| 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
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Tower Semiconductor Newport Beach Retirement Savings Plan by total assets, not by location.
- Gerber Collision & Glass 401(k) Plan (IL) $125M · 8,519
- Ipsen Biopharmaceuticals, Inc. U.S. 401(k) Plan (NJ) $125M · 505
- Neogenomics Laboratories, Inc. 401(k) Profit Sharing Plan (FL) $125M · 2,035
- Continental Mills, Inc. 401 (K) Retirement Savings Plan (WA) $125M · 792
Frequently Asked Questions
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Next read for Tower Semiconductor Newport Beach Retire…
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Ways to act on Tower Semiconductor Newport Beach Retirement Savings Plan's numbers.
- By total assets, Tower Semiconductor Newport Beach Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Tower Semiconductor Newport Beach Inc.'s sponsor-wide assets have grown 34.9% since 2022 across 3 plan years on file. More Manufacturing plans