401(k) · DOL Form 5500 · 2023
Tower Semiconductor Newport Beach Inc. 401(k) Plan
Data updated 2026-08-25
- $151M
- Total assets Near avg plan size
- 1,142
- Participants Near avg headcount
- 94th
- Percentile by assets National rank
- $132,495
- Avg per participant Near avg balance/head
Official DOL plan name: Tower Semiconductor Newport Beach Retirement Savings Plan · Sponsored by Tower Semiconductor Newport Beach Inc. · California · Manufacturing
$151M in assets, 1,142 participants
Tower Semiconductor Newport Beach Inc.'s Tower Semiconductor Newport Beach Retirement Savings Plan reported $151M in total assets and 1,142 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.
- #16,879 in Manufacturing (18,722 peers)
Where Tower Semiconductor Newport Beach Retirement Savings Plan sits by assets
Tower Semiconductor Newport Beach Retirement Savings Plan sits in the top 10% of all filed plans by assets, $151M for 1,142 participants (~$132,495/participant), up 21.0% in 2023.
- #16,879
- in Manufacturing (18,722 peers)
- +21.0%
- assets growth YoY
- 1.5×
- vs typical plan assets (national mean)
Tower Semiconductor Newport Beach Retirement Savings Plan's outsized position by total assets
Tower Semiconductor Newport Beach Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$151,309,754 Top 6% higher than 94% 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 Semiconductor Newport Beach Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tower Semiconductor Newport Beach Retirement Savings Plan lands in the large band (1,142 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Tower Semiconductor Newport Beach Retirement Savings Plan reported net income rose from -$26M in the plan year 2022 filing to $26M in the plan year 2023 filing.
- Tower Semiconductor Newport Beach Retirement Savings Plan end-of-year assets rose from $125M in the plan year 2022 filing to $151M in the plan year 2023 filing.
- Tower Semiconductor Newport Beach Retirement Savings Plan reported participants rose from 1,065 in the plan year 2022 filing to 1,142 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 753005127 · Tower Semiconductor Newport Beach Inc. PY 2023 · 401(k)
Tower Semiconductor Newport Beach Retirement Savings Plan · $151M · 1,142 · 94th
- NET $151M
- NET 1,142
- NET 94th
- NET 401(k)
- NET near Agreliant Genetics 401(k) Retirement Plan
- NET ind #16879
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 Semiconductor Newport Beach Retirement Savings Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $125M |
|---|---|
| Net Assets (End of Year) | $151M |
| Net Income | $26M |
| Employer EIN | 753005127 |
| Plan Effective Date | 2002-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tower Semiconductor Newport Beach Inc.)
Sponsor-wide plan assets over time
All Tower Semiconductor Newport Beach Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $215M 34.92179221563095% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 1,737 | $160M |
| 2023 | 3 | 1,726 | $189M |
| 2024 | 3 | 1,540 | $215M |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $51.8B · 193,919
- Google LLC 401(k) Savings Plan $39.0B · 122,867
- Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
- Intel 401(k) Savings Plan $22.2B · 59,863
- Apple 401(k) Plan $19.8B · 106,111
Tower Semiconductor Newport Beach Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside California, the nearest 401(k) by assets is Agreliant Genetics 401(k) Retirement Plan in IN ($151M); by covered participants it is Bessemer Trust Company 401(k) and Profit Sharing Plan in NJ (1,142 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($151M here).
- Agreliant Genetics 401(k) Retirement Plan (IN) $151M · 754
- Ziply Fiber 401(k) Plan (WA) $151M · 1,451
- Boies Schiller Flexner LLP Retirement Savings Plan (DC) $151M · 291
- United Fire Group 401(k) Plan (IA) $151M · 1,096
Similar participant headcount
Nearest other-state filings by covered participants (1,142 participants); asset peers above are excluded.
- Bessemer Trust Company 401(k) and Profit Sharing Plan (NJ) 1,142 · 0 off
- Mondi Retirement Savings Plan USA (IL) 1,142 · 0 off
- Farmer Bros. Co. 401(k) Plan (TX) 1,142 · 0 off
- Ohioguidestone 401(k) Plan (OH) 1,142 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.