401(k) · DOL Form 5500 · 2023

Tower Laboratories Ltd. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets: 282
Participants Below avg headcount: 72nd
Percentile by assets National rank: $69,985
Avg per participant Below avg balance/head

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Official DOL plan name: Tower Laboratories 401(k) Plan · Sponsored by Tower Laboratories Ltd. · Connecticut · Manufacturing

$20M in assets, 282 participants

Tower Laboratories Ltd.'s Tower Laboratories 401(k) Plan reported $20M in total assets and 282 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

#11,637 in Manufacturing (18,722 peers)

Coverage in Connecticut

Tower Laboratories 401(k) Plan covers 282 participants in Connecticut, about 39% of the average Connecticut filer (state average ~718 per filing). Assets: $20M.

#11,637
in Manufacturing (18,722 peers): +16.5%
assets growth YoY

Tower Laboratories 401(k) Plan's outsized position by total assets

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

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

$19,735,652 Top 28% higher than 72% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Tower Laboratories 401(k) 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 Laboratories 401(k) Plan sits mid-pack in the medium band (282 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Tower Laboratories 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
Tower Laboratories 401(k) Plan end-of-year assets rose from $17M in the plan year 2022 filing to $20M in the plan year 2023 filing.
Tower Laboratories 401(k) Plan reported participants rose from 251 in the plan year 2022 filing to 282 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 061009478 · Tower Laboratories Ltd. PY 2023 · 401(k)

Tower Laboratories 401(k) Plan · $20M · 282 · 72nd

ASSETS $20M
PCT 282
EIN 72nd
RANK 401(k)
PHOTO near Hi-Crush Services LLC 401(k) Plan
IND ind #11637

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 Connecticut →

End-of-year total assets ($M) among Tower Laboratories 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)	$17M
Net Assets (End of Year)	$20M
Net Income	$3M
Employer EIN	061009478
Plan Effective Date	1994-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Tower Laboratories Ltd.)

Latest sponsor-wide plan assets: $22M 31.625373412355607% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	251	$17M
2023	1	282	$20M
2024	1	265	$22M

Nearby 401(k) Plans in Connecticut

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

Tower Laboratories 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Rtx Savings Plan $52.8B · 123,037
Citi Retirement Savings Plan $20.7B · 77,865
The Hartford Investment and Savings Plan $6.5B · 18,377
Xerox Corporation Savings Plan $3.9B · 10,291
Eversource 401(k) Plan $3.8B · 9,504

Compare Tower Laboratories 401(k) Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest 401(k) by assets is Hi-Crush Services LLC 401(k) Plan in TX ($20M); by covered participants it is The Arcticom Group, LLC 401(k) Plan in CA (282 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Hi-Crush Services LLC 401(k) Plan (TX) $20M · 610
Citizens Bank 401(k) Mukwonago, Wi (WI) $20M · 167
The Restated Thrift/Profit Sharing Plan for Cooperatives (IA) $20M · 127
Newman Signs, Inc. Retirement 401(k) Plan (ND) $20M · 115

Similar participant headcount

Nearest other-state filings by covered participants (282 participants); asset peers above are excluded.

The Arcticom Group, LLC 401(k) Plan (CA) 282 · 0 off
E. O. Johnson Company, Inc. 401(k) Profit Sharing Plan (WI) 282 · 0 off
Hall Financial Group Employee Savings Plan & Trust (TX) 282 · 0 off
Doug Andrus Distributing LLC 401(k) Plan (ID) 282 · 0 off

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 Laboratories 401(k) Plan assets move in 2023? ▼

Tower Laboratories 401(k) Plan grew sharply - up 16.5% during 2023, from $17M to $20M. Reported net income was $3M.

How have Tower Laboratories Ltd. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Tower Laboratories Ltd.'s sponsor-wide assets grew 31.6%, from $17M to $22M.

Which 401(k) plans are similar in size to Tower Laboratories 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Hi-Crush Services LLC 401(k) Plan in TX ($20M, 610 participants).

Which 401(k) plans cover a similar participant headcount to Tower Laboratories 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is The Arcticom Group, LLC 401(k) Plan in CA (282 participants, $10M 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 061009478.