401(k) · DOL Form 5500 · 2024

Tower Products Incorporated 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
193
Participants Below avg headcount
68th
Percentile by assets National rank
$93,687
Avg per participant Below avg balance/head
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Official DOL plan name: Tower Products Incorporated Profit Sharing Plan · Sponsored by Tower Products Incorporated · New York · Retail Trade

$18M in assets, 193 participants

Tower Products Incorporated's Tower Products Incorporated Profit Sharing Plan reported $18M in total assets and 193 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.

  • #6,361 in Retail Trade (8,048 peers)

Coverage in New York

Tower Products Incorporated Profit Sharing Plan covers 193 participants in New York, about 24% of the average New York filer (state average ~798 per filing). Assets: $18M.

#6,361
in Retail Trade (8,048 peers)
+5.3%
assets growth YoY

Tower Products Incorporated Profit Sharing Plan's outsized position by total assets

Tower Products Incorporated Profit Sharing Plan vs every filed plan by assets

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

$18,081,663 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 Products Incorporated 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 Products Incorporated Profit Sharing Plan sits mid-pack in the medium band (193 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tower Products Incorporated Profit Sharing Plan reported net income fell from $1M in the plan year 2023 filing to $910K in the plan year 2024 filing.
  • Tower Products Incorporated Profit Sharing Plan end-of-year assets rose from $17M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Tower Products Incorporated Profit Sharing Plan reported participants rose from 185 in the plan year 2023 filing to 193 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 141659003 · Tower Products Incorporated PY 2024 · 401(k)

Tower Products Incorporated Profit Sharing Plan · $18M · 193 · 68th

  • EIN $18M
  • RANK 193
  • PHOTO 68th
  • IND 401(k)
  • EOY near Span Construction & Engineering, Inc. 401(k) Retirement Plan
  • 5500 ind #6361

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 Retail Trade retirement plans → · Plans in New York →

Tower Products Incorporated Profit Sharing Plan in the asset neighbourhood

Tower Products Incorporated Profit Sharing PlanTower Products Incorporated …$18MSpan Construction & Engineering, Inc. 401(k) Retirement PlanSpan Construction & Engineer…$18MCo-Op 401(k) Plan$18MFink's Jewelers, Inc. Deferred Compensation PlanFink's Jewelers, Inc. Deferr…$18MBader Retirement Savings Plan$18M
End-of-year total assets ($M) among Tower Products Incorporated Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$18M
Net Income$910K
Employer EIN141659003
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Products Incorporated)

Sponsor-wide plan assets over time

All Tower Products Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$80M 37.796156086518906% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $57.9M $79.7M ▲ +37.8%
Year Plans Participants Total Assets
2022 2 293 $58M
2023 2 327 $73M
2024 2 363 $80M

Nearby 401(k) Plans in New York

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

Tower Products Incorporated Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Tower Products Incorporated Profit Sharing Plan, Total assets ($B): 0.018081663 · Participants: 193Tower Products Incorporated Profit Sharing PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Tower Products Incorporated Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Tower Products Incorporated Profit Sharing Plan side-by-side with 3 peers →

Tower Products Incorporated Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Span Construction & Engineering, Inc. 401(k) Retirement Plan in CA ($18M); by covered participants it is Spartan Race, Inc. 401(k) Plan in MA (193 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (193 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 Products Incorporated Profit Sharing Plan assets move in 2024? ▼
Tower Products Incorporated Profit Sharing Plan grew at a solid clip - up 5.3% during 2024, from $17M to $18M. Reported net income was $910K.
How have Tower Products Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Products Incorporated's sponsor-wide assets grew 37.8%, from $58M to $80M.
Which 401(k) plans are similar in size to Tower Products Incorporated Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Span Construction & Engineering, Inc. 401(k) Retirement Plan in CA ($18M, 216 participants).
Which 401(k) plans cover a similar participant headcount to Tower Products Incorporated Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Spartan Race, Inc. 401(k) Plan in MA (193 participants, $5M 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 141659003.

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.