401(k) · DOL Form 5500 · 2023

Hightower Communications, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
63
Participants Small participant base
41st
Percentile by assets National rank
$67,859
Avg per participant Below avg balance/head
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Official DOL plan name: Hightower Communications, Inc. 401(k) Profit Sharing Plan · Sponsored by Hightower Communications, Inc. · North Carolina · Construction

$4M in assets, 63 participants

Hightower Communications, Inc.'s Hightower Communications, Inc. 401(k) Profit Sharing Plan reported $4M in total assets and 63 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #3,543 in Construction (9,030 peers)

Hightower Communications, Inc. multi-year trail

Hightower Communications, Inc.'s plans moved +39.9% in assets from 2022 to 2024; this filing shows Hightower Communications, Inc. 401(k) Profit Sharing Plan at $4M / 63 participants.

#3,543
in Construction (9,030 peers)
+32.8%
assets growth YoY

Hightower Communications, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Hightower Communications, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$4,275,115 41st percentile higher than 41% 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

Hightower Communications, Inc. 401(k) Profit Sharing 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. Hightower Communications, Inc. 401(k) Profit Sharing Plan is a small filing (63 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hightower Communications, Inc. 401(k) Profit Sharing Plan reported net income rose from -$461K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Hightower Communications, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Hightower Communications, Inc. 401(k) Profit Sharing Plan reported participants fell from 69 in the plan year 2022 filing to 63 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 561974128 · Hightower Communications, Inc. PY 2023 · 401(k)

Hightower Communications, Inc. 401(k) Profit Sharing Plan · $4M · 63 · 41st

  • SCH $4M
  • SCH 63
  • SCH 41st
  • SCH 401(k)
  • SCH near Vatic Labs Retirement Plan
  • SCH ind #3543

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 Construction retirement plans → · Plans in North Carolina →

Hightower Communications, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Hightower Communications, Inc. 401(k) Profit Sharing PlanHightower Communications, In…$4MVatic Labs Retirement Plan$4MNew Hampshire Auto Dealers Services Inc 401(k) PlanNew Hampshire Auto Dealers S…$4MSis-Tech Solutions, LP Retirement PlanSis-Tech Solutions, LP Retir…$4MHawkes Learning 401(k) Plan$4M
End-of-year total assets ($M) among Hightower Communications, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Hightower Communications, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Hightower Communications, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 39.946307907561625% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M$5M 202220232024 $3.22M $4.51M ▲ +40.1%
Year Plans Participants Total Assets
2022 1 69 $3M
2023 1 63 $4M
2024 1 93 $5M

Hightower Communications, Inc. filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$1M
Employer EIN561974128
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Hightower Communications, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Hightower Communications, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.004275115 · Participants: 63Hightower Communications, Inc. 401(k) Profit Sharing PlanThe 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
Hightower Communications, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Hightower Communications, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Hightower Communications, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Vatic Labs Retirement Plan in NY ($4M); by covered participants it is The Mcdevitt Companies Employee 401(k) Plan in NH (63 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (63 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 Hightower Communications, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Hightower Communications, Inc. 401(k) Profit Sharing Plan surged - up 32.8% during 2023, from $3M to $4M. Reported net income was $1M.
How have Hightower Communications, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hightower Communications, Inc.'s sponsor-wide assets grew 39.9%, from $3M to $5M.
Which 401(k) plans are similar in size to Hightower Communications, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vatic Labs Retirement Plan in NY ($4M, 50 participants).
Which 401(k) plans cover a similar participant headcount to Hightower Communications, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Mcdevitt Companies Employee 401(k) Plan in NH (63 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 561974128.

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.