401(k) · DOL Form 5500 · 2023

Tower Energy Group 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
90
Participants Small participant base
65th
Percentile by assets National rank
$147,581
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tower Energy Group 401(k) Plan · Sponsored by Tower Energy Group · California · Retail Trade

$13M in assets, 90 participants

Tower Energy Group's Tower Energy Group 401(k) Plan reported $13M in total assets and 90 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #6,348 in Retail Trade (8,414 peers)

Tower Energy Group multi-year trail

Tower Energy Group's plans moved +46.3% in assets from 2022 to 2024; this filing shows Tower Energy Group 401(k) Plan at $13M / 90 participants.

#6,348
in Retail Trade (8,414 peers)
+23.1%
assets growth YoY

Tower Energy Group 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Tower Energy Group 401(k) Plan vs every filed plan by assets

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

$13,282,254 Top 35% higher than 65% 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 Energy Group 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tower Energy Group 401(k) Plan is a small filing (90 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tower Energy Group 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Tower Energy Group 401(k) Plan reported participants rose from 72 in the plan year 2022 filing to 90 in the plan year 2023 filing.
  • Tower Energy Group 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 330442456 · Tower Energy Group PY 2023 · 401(k)

Tower Energy Group 401(k) Plan · $13M · 90 · 65th

  • BOY $13M
  • BOY 90
  • BOY 65th
  • BOY 401(k)
  • BOY near Southeastern Property Management LLC 401(k) Plan
  • BOY ind #6348

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 Retail Trade retirement plans → · Plans in California →

Tower Energy Group 401(k) Plan in the asset neighbourhood

Tower Energy Group 401(k) PlanTower Energy Group 401(k) Pl…$13MSoutheastern Property Management LLC 401(k) PlanSoutheastern Property Manage…$13MAdult and Pediatric Urology P.C. Retirement PlanAdult and Pediatric Urology …$13M401(k) Profit Sharing Plan$13MGvc Mortgage 401(k) Plan$13M
End-of-year total assets ($M) among Tower Energy Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tower Energy Group multi-year asset trail

Sponsor-wide plan assets over time

All Tower Energy Group plans reported in each filing year

Latest sponsor-wide plan assets
$16M 46.33031550083847% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $10.8M $15.8M ▲ +46.2%
Year Plans Participants Total Assets
2022 1 72 $11M
2023 1 90 $13M
2024 1 127 $16M

Tower Energy Group filing trail (2023)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN330442456
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Tower Energy Group 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Tower Energy Group 401(k) Plan, Total assets ($B): 0.013282254 · Participants: 90Tower Energy Group 401(k) 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 Energy Group 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Tower Energy Group 401(k) Plan side-by-side with 3 peers →

Tower Energy Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Southeastern Property Management LLC 401(k) Plan in AL ($13M); by covered participants it is Co-Op 401(k) Plan in WA (90 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (90 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 Energy Group 401(k) Plan assets move in 2023? ▼
Tower Energy Group 401(k) Plan grew sharply - up 23.1% during 2023, from $11M to $13M. Reported net income was $2M.
How have Tower Energy Group plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Energy Group's sponsor-wide assets grew 46.3%, from $11M to $16M.
Which 401(k) plans are similar in size to Tower Energy Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Southeastern Property Management LLC 401(k) Plan in AL ($13M, 701 participants).
Which 401(k) plans cover a similar participant headcount to Tower Energy Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Co-Op 401(k) Plan in WA (90 participants, N/A 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 330442456.

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.