401(k) · DOL Form 5500 · 2024

Tower Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
161
Participants Small participant base
68th
Percentile by assets National rank
$112,086
Avg per participant Below avg balance/head
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Official DOL plan name: Tower Industries, Inc. 401(k) Profit Sharing Plan · Sponsored by Tower Industries, Inc. · California · Manufacturing

$18M in assets, 161 participants

Tower Industries, Inc.'s Tower Industries, Inc. 401(k) Profit Sharing Plan reported $18M in total assets and 161 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #10,167 in Manufacturing (17,777 peers)

Coverage in California

Tower Industries, Inc. 401(k) Profit Sharing Plan covers 161 participants in California, about 26% of the average California filer (state average ~630 per filing). Assets: $18M.

#10,167
in Manufacturing (17,777 peers)
+12.0%
assets growth YoY

Tower Industries, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$18,045,813 Top 32% higher than 68% of 123,620 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 2024

Tower Industries, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tower Industries, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (161 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tower Industries, Inc. 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Tower Industries, Inc. 401(k) Profit Sharing Plan reported participants rose from 141 in the plan year 2023 filing to 161 in the plan year 2024 filing.
  • Tower Industries, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $16M in the plan year 2023 filing to $18M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 420774895 · Tower Industries, Inc. PY 2024 · 401(k)

Tower Industries, Inc. 401(k) Profit Sharing Plan · $18M · 161 · 68th

  • RANK $18M
  • PHOTO 161
  • IND 68th
  • EOY 401(k)
  • 5500 near Akzonobel Hourly Savings Plan
  • ASSETS ind #10167

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

Tower Industries, Inc. 401(k) Profit Sharing PlanTower Industries, Inc. 401(k…$18MAkzonobel Hourly Savings Plan$18MSouth Georgia Banking Company 401(k) Profit Sharing PlanSouth Georgia Banking Compan…$18MRuxer Ford Lincoln, Inc. Employees Profit Sharing and Savings PlanRuxer Ford Lincoln, Inc. Emp…$18MBynder 401(k) Plan$18M
End-of-year total assets ($M) among Tower Industries, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN420774895
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Industries, Inc.)

Sponsor-wide plan assets over time

All Tower Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 37.50879727094863% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.1M $18.1M ▲ +37.6%
Year Plans Participants Total Assets
2022 1 140 $13M
2023 1 141 $16M
2024 1 161 $18M

Nearby 401(k) Plans in California

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

Tower Industries, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Tower Industries, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.018045813 · Participants: 161Tower Industries, Inc. 401(k) Profit Sharing PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Tower Industries, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Tower Industries, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Akzonobel Hourly Savings Plan in TN ($18M); by covered participants it is Shallenberger Construction, Inc. 401(k) Davis Bacon Plan in PA (161 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (161 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tower Industries, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Tower Industries, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 12.0% during 2024, from $16M to $18M. Reported net income was $2M.
How have Tower Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Industries, Inc.'s sponsor-wide assets grew 37.5%, from $13M to $18M.
Which 401(k) plans are similar in size to Tower Industries, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Akzonobel Hourly Savings Plan in TN ($18M, 195 participants).
Which 401(k) plans cover a similar participant headcount to Tower Industries, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Shallenberger Construction, Inc. 401(k) Davis Bacon Plan in PA (161 participants, $12M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 420774895.

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.