401(k) · DOL Form 5500 · 2024

Tower Laboratories Ltd. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
265
Participants Below avg headcount
72nd
Percentile by assets National rank
$84,153
Avg per participant Below avg balance/head
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Official DOL plan name: Tower Laboratories 401(k) Plan · Sponsored by Tower Laboratories Ltd. · Connecticut · Manufacturing

$22M in assets, 265 participants

Tower Laboratories Ltd.'s Tower Laboratories 401(k) Plan reported $22M in total assets and 265 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #11,080 in Manufacturing (17,777 peers)

Coverage in Connecticut

Tower Laboratories 401(k) Plan covers 265 participants in Connecticut, about 37% of the average Connecticut filer (state average ~718 per filing). Assets: $22M.

#11,080
in Manufacturing (17,777 peers)
+13.0%
assets growth YoY

Tower Laboratories 401(k) Plan's outsized position by total assets

Tower Laboratories 401(k) Plan vs every filed plan by assets

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

$22,300,492 Top 28% higher than 72% 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 Laboratories 401(k) 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 Laboratories 401(k) Plan sits mid-pack in the medium band (265 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tower Laboratories 401(k) Plan end-of-year assets rose from $20M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Tower Laboratories 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Tower Laboratories 401(k) Plan reported participants fell from 282 in the plan year 2023 filing to 265 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 061009478 · Tower Laboratories Ltd. PY 2024 · 401(k)

Tower Laboratories 401(k) Plan · $22M · 265 · 72nd

  • SCH $22M
  • EBSA 265
  • PART 72nd
  • TYPE 401(k)
  • NET near Garlich Printing Company 401(k) Profit Sharing Plan and Trust
  • BOOK ind #11080

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 Connecticut →

Tower Laboratories 401(k) Plan in the asset neighbourhood

Tower Laboratories 401(k) PlanTower Laboratories 401(k) Pl…$22MGarlich Printing Company 401(k) Profit Sharing Plan and TrustGarlich Printing Company 401…$22MDigital.Ai 401(k) Savings & Investment PlanDigital.Ai 401(k) Savings & …$22MAshley, Inc. Retirement Plan$22M3degrees Group, Inc. 401(k) Plan3degrees Group, Inc. 401(k) …$22M
End-of-year total assets ($M) among Tower Laboratories 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Connecticut filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN061009478
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Laboratories Ltd.)

Sponsor-wide plan assets over time

All Tower Laboratories Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 31.625373412355607% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $16.9M $22.3M ▲ +31.6%
Year Plans Participants Total Assets
2022 1 251 $17M
2023 1 282 $20M
2024 1 265 $22M

Nearby 401(k) Plans in Connecticut

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

Tower Laboratories 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Tower Laboratories 401(k) Plan, Total assets ($B): 0.022300492 · Participants: 265Tower Laboratories 401(k) PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Tower Laboratories 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Tower Laboratories 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Garlich Printing Company 401(k) Profit Sharing Plan and Trust in MO ($22M); by covered participants it is Territorial Savings Bank 401(k) Plan in HI (265 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (265 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 Laboratories 401(k) Plan assets move in 2024?
Tower Laboratories 401(k) Plan grew at a solid clip - up 13.0% during 2024, from $20M to $22M. Reported net income was $3M.
How have Tower Laboratories Ltd. plan assets changed over time?
Across 3 plan years on file (2022-2024), Tower Laboratories Ltd.'s sponsor-wide assets grew 31.6%, from $17M to $22M.
Which 401(k) plans are similar in size to Tower Laboratories 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Garlich Printing Company 401(k) Profit Sharing Plan and Trust in MO ($22M, 73 participants).
Which 401(k) plans cover a similar participant headcount to Tower Laboratories 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Territorial Savings Bank 401(k) Plan in HI (265 participants, $29M in assets).