401(k) · DOL Form 5500 · 2023

Tower Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
141
Participants Small participant base
69th
Percentile by assets National rank
$114,322
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tower Industries, Inc. 401(k) Profit Sharing Plan · Sponsored by Tower Industries, Inc. · California · Manufacturing

$16M in assets, 141 participants

Tower Industries, Inc.'s Tower Industries, Inc. 401(k) Profit Sharing Plan reported $16M in total assets and 141 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #10,743 in Manufacturing (18,722 peers)

Coverage in California

Tower Industries, Inc. 401(k) Profit Sharing Plan covers 141 participants in California, about 22% of the average California filer (state average ~630 per filing). Assets: $16M.

#10,743
in Manufacturing (18,722 peers)
+22.8%
assets growth YoY

Tower Industries, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Tower Industries, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$16,119,384 Top 31% higher than 69% of 127,068 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 2023

Tower Industries, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tower Industries, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (141 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tower Industries, Inc. 401(k) Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Tower Industries, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $13M in the plan year 2022 filing to $16M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 420774895 · Tower Industries, Inc. PY 2023 · 401(k)

Tower Industries, Inc. 401(k) Profit Sharing Plan · $16M · 141 · 69th

  • IND $16M
  • EOY 141
  • 5500 69th
  • ASSETS 401(k)
  • PCT near Crooker Construction, L.L.C. 401(k) Profit Sharing Plan
  • EIN ind #10743

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 Industries, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Tower Industries, Inc. 401(k) Profit Sharing PlanTower Industries, Inc. 401(k…$16MCrooker Construction, L.L.C. 401(k) Profit Sharing PlanCrooker Construction, L.L.C.…$16MTerryberry Company 401(k) PlanTerryberry Company 401(k) Pl…$16MThe Columbus Distributing Company Profit Sharing and Retirement Savings Plan and TrustThe Columbus Distributing Co…$16MO'neil & Associates, Inc. Profit Sharing and Savings PlanO'neil & Associates, Inc. Pr…$16M
End-of-year total assets ($M) among Tower Industries, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$3M
Employer EIN420774895
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Industries, Inc.)

Sponsor-wide plan assets over time

All Tower Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 37.50879727094863% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.1M $18.1M ▲ +37.6%
Year Plans Participants Total Assets
2022 1 140 $13M
2023 1 141 $16M
2024 1 161 $18M

Nearby 401(k) Plans in California

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

Tower Industries, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Tower Industries, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.016119384 · Participants: 141Tower Industries, Inc. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Tower Industries, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Tower Industries, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Tower Industries, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Crooker Construction, L.L.C. 401(k) Profit Sharing Plan in ME ($16M); by covered participants it is Cleveland Hardware and Forging Co. Profit Sharing in WI (141 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (141 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tower Industries, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Tower Industries, Inc. 401(k) Profit Sharing Plan grew sharply - up 22.8% during 2023, from $13M to $16M. Reported net income was $3M.
How have Tower Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Industries, Inc.'s sponsor-wide assets grew 37.5%, from $13M to $18M.
Which 401(k) plans are similar in size to Tower Industries, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Crooker Construction, L.L.C. 401(k) Profit Sharing Plan in ME ($16M, 172 participants).
Which 401(k) plans cover a similar participant headcount to Tower Industries, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cleveland Hardware and Forging Co. Profit Sharing in WI (141 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 420774895.

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.