Other · DOL Form 5500 · 2023
Tower Health Retirement Plan
Data updated 2026-08-11
- $967M
- Total assets
- 11,344
- Participants
- 99th
- Percentile by assets
- $85,217
- Avg per participant
Official DOL plan name: Tower Health 403(b) Plan · Sponsored by Tower Health · Pennsylvania · Healthcare & Social Assistance
$967M in assets, 11,344 participants
Tower Health's Tower Health 403(b) Plan reported $967M in total assets and 11,344 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 127,072 plans)
- #17,467 in Healthcare & Social Assistance (17,684 peers)
Coverage in Pennsylvania
Tower Health 403(b) Plan covers 11,344 participants in Pennsylvania, 14x the typical Pennsylvania plan (state average ~822 per filing). Assets: $967M.
- $967M
- total plan assets (2023 EOY)
- 11,344
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $85,217
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Tower Health 403(b) Plan reported net income rose from -$104M in the plan year 2022 filing to $179M in the plan year 2023 filing.
- Tower Health 403(b) Plan end-of-year assets rose from $788M in the plan year 2022 filing to $967M in the plan year 2023 filing.
- Tower Health 403(b) Plan reported participants fell from 12,324 in the plan year 2022 filing to 11,344 in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Tower Health 403(b) Plan reports 11,344 participants - 14x that state average ($967M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $788M |
|---|---|
| Net Assets (End of Year) | $967M |
| Net Income | $179M |
| Employer EIN | 232201344 |
| Plan Effective Date | 1997-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tower Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 12,324 | $788M |
| 2023 | 1 | 11,344 | $967M |
| 2024 | 1 | 11,699 | $1.1B |
Nearby Other Plans in Pennsylvania
Peer Other plans, same state, same plan type, ranked by total assets.
Tower Health 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants
- The University of Pennsylvania Matching Plan $6.3B · 20,979
- Upmc 403(b) Retirement Savings Plan $4.2B · 78,261
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan $3.1B · 41,942
- Carnegie Mellon University Faculty and Staff Retirement Plan $2.5B · 6,370
- Jefferson Defined Contribution Retirement Plan $2.5B · 15,783
Scale composition for Tower Health 403(b) Plan
Tower Health 403(b) Plan reports $967M in end-of-year assets across 11,344 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $85,217 per participant (62% of the national average assets-per-participant) . Net income for plan year 2023 was $179M.
This plan identity (EIN 232201344, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $788M to $1.1B (+43.6%) while covered participants moved from 12,324 to 11,699 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,324 | $788M | Open filing |
| 2023 | 11,344 | $967M | This page |
| 2024 · index core | 11,699 | $1.1B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Tower Health 403(b) Plan (Other, $1.1B, 11,699 participants)
Similar-Sized Other Plans Nationally
Other plans in other states closest to Tower Health 403(b) Plan by total assets, not by location.
- St. Lukes Health System Matched 403b Plan (ID) $965M · 16,715
- Children's Mercy Hospital Tax-Deferred Annuity Retirement Plan (MO) $969M · 8,984
- The Research Foundation for Suny Optional Retirement Plan (NY) $960M · 4,423
- 403(b) Retirement Savings Plan for Integris Health, Inc. (OK) $957M · 10,744
Frequently Asked Questions
How did Tower Health 403(b) Plan assets move in 2023? ▼
How have Tower Health plan assets changed over time? ▼
Where does Tower Health 403(b) Plan rank by assets among Form 5500 filers? ▼
Which Other plans are similar in size to Tower Health 403(b) Plan? ▼
Next read for Tower Health 403(b) Plan
Filing takeaways
Ways to act on Tower Health 403(b) Plan's numbers.
- By total assets, Tower Health 403(b) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Pennsylvania. Compare plans
- Tower Health's sponsor-wide assets have grown 43.6% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans