401(k) · DOL Form 5500 · 2023

High Tower Group, LLC 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
110
Participants Small participant base
39th
Percentile by assets National rank
$33,594
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: High Tower 401(k) · Sponsored by High Tower Group, LLC · North Carolina · Wholesale Trade

$4M in assets, 110 participants

High Tower Group, LLC's High Tower 401(k) reported $4M in total assets and 110 participants in its 2023 DOL Form 5500 filing, ranking in the 39th 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.

  • #1,773 in Wholesale Trade (6,309 peers)

Coverage in North Carolina

High Tower 401(k) covers 110 participants in North Carolina, about 13% of the average North Carolina filer (state average ~819 per filing). Assets: $4M.

#1,773
in Wholesale Trade (6,309 peers)
+35.4%
assets growth YoY

High Tower 401(k)'s mid-pack asset rank among Wholesale Trade and all filers

High Tower 401(k) vs every filed plan by assets

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

$3,695,353 39th percentile higher than 39% 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

High Tower 401(k) 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. High Tower 401(k) sits mid-pack in the medium band (110 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • High Tower 401(k) reported net income rose from $122K in the plan year 2022 filing to $966K in the plan year 2023 filing.
  • High Tower 401(k) end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • High Tower 401(k) reported participants rose from 104 in the plan year 2022 filing to 110 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 522277203 · High Tower Group, LLC PY 2023 · 401(k)

High Tower 401(k) · $4M · 110 · 39th

  • RANK $4M
  • PHOTO 110
  • IND 39th
  • EOY 401(k)
  • 5500 near Pro Energy Services Group, LLC 401(k) Plan
  • ASSETS ind #1773

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 Wholesale Trade retirement plans → · Plans in North Carolina →

High Tower 401(k) in the asset neighbourhood

High Tower 401(k)$4MPro Energy Services Group, LLC 401(k) PlanPro Energy Services Group, L…$4MEarth Work Solutions 401(k) PlanEarth Work Solutions 401(k) …$4MWayne's Electric 401(k) Plan$4MColumbia Machine Works, Inc. Asset Accumulation 401(k) Retirement PlanColumbia Machine Works, Inc.…$4M
End-of-year total assets ($M) among High Tower 401(k) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$966K
Employer EIN522277203
Plan Effective Date2015-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (High Tower Group, LLC)

Sponsor-wide plan assets over time

All High Tower Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$4M 57.058986462820016% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.73M $4.29M ▲ +57.1%
Year Plans Participants Total Assets
2022 1 104 $3M
2023 1 110 $4M
2024 1 99 $4M

Nearby 401(k) Plans in North Carolina

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

High Tower 401(k) vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants High Tower 401(k), Total assets ($B): 0.003695353 · Participants: 110High Tower 401(k)The Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
High Tower 401(k) vs. nearby 401(k) plans in North Carolina, assets vs. participants

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

Outside North Carolina, the nearest 401(k) by assets is Pro Energy Services Group, LLC 401(k) Plan in CA ($4M); by covered participants it is Cms Corporation 401(k) Plan in OH (110 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (110 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 High Tower 401(k) assets move in 2023?
High Tower 401(k) surged - up 35.4% during 2023, from $3M to $4M. Reported net income was $966K.
How have High Tower Group, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), High Tower Group, LLC's sponsor-wide assets grew 57.1%, from $3M to $4M.
Which 401(k) plans are similar in size to High Tower 401(k)?
Among 401(k) plans in other states, the closest by assets is Pro Energy Services Group, LLC 401(k) Plan in CA ($4M, 137 participants).
Which 401(k) plans cover a similar participant headcount to High Tower 401(k)?
Among 401(k) plans in other states, the closest by covered participants is Cms Corporation 401(k) Plan in OH (110 participants, N/A in assets).