401(k) · DOL Form 5500 · 2024

Tower Energy Group 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
127
Participants Small participant base
65th
Percentile by assets National rank
$124,287
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tower Energy Group 401(k) Plan · Sponsored by Tower Energy Group · California · Retail Trade

$16M in assets, 127 participants

Tower Energy Group's Tower Energy Group 401(k) Plan reported $16M in total assets and 127 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #6,139 in Retail Trade (8,048 peers)

Coverage in California

Tower Energy Group 401(k) Plan covers 127 participants in California, about 20% of the average California filer (state average ~630 per filing). Assets: $16M.

#6,139
in Retail Trade (8,048 peers)
+18.8%
assets growth YoY

Tower Energy Group 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

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

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

$15,784,477 Top 35% higher than 65% 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 Energy Group 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 Energy Group 401(k) Plan sits mid-pack in the medium band (127 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tower Energy Group 401(k) Plan reported participants rose from 90 in the plan year 2023 filing to 127 in the plan year 2024 filing.
  • Tower Energy Group 401(k) Plan end-of-year assets rose from $13M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 330442456 · Tower Energy Group PY 2024 · 401(k)

Tower Energy Group 401(k) Plan · $16M · 127 · 65th

  • EIN $16M
  • EIN 127
  • EIN 65th
  • EIN 401(k)
  • EIN near Hadley Products Corporation Employees 401(k) Profit Sharing Plan
  • EIN ind #6139

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 California →

Tower Energy Group 401(k) Plan in the asset neighbourhood

Ceh Automotive Corp. Employees' Profit Sharing PlanCeh Automotive Corp. Employe…$16MHematology Oncology, P.C. Retirement TrustHematology Oncology, P.C. Re…$16MTower Energy Group 401(k) PlanTower Energy Group 401(k) Pl…$16MHadley Products Corporation Employees 401(k) Profit Sharing PlanHadley Products Corporation …$16MRealty Trust Group, LLC 401(k) Profit Sharing PlanRealty Trust Group, LLC 401(…$16M
End-of-year total assets ($M) among Tower Energy Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$3M
Employer EIN330442456
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Energy Group)

Sponsor-wide plan assets over time

All Tower Energy Group plans reported in each filing year

Latest sponsor-wide plan assets
$16M 46.33031550083847% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $10.8M $15.8M ▲ +46.2%
Year Plans Participants Total Assets
2022 1 72 $11M
2023 1 90 $13M
2024 1 127 $16M

Nearby 401(k) Plans in California

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

Tower Energy Group 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Tower Energy Group 401(k) Plan, Total assets ($B): 0.015784477 · Participants: 127Tower Energy Group 401(k) 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 Energy Group 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

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

Outside California, the nearest 401(k) by assets is Hadley Products Corporation Employees 401(k) Profit Sharing Plan in MI ($16M); by covered participants it is Wat Opco LLC (Dba Woodlake at Tolland) 401(k) Plan in CT (127 participants). Same-state nearby plans are listed separately above.

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 Energy Group 401(k) Plan assets move in 2024?
Tower Energy Group 401(k) Plan grew sharply - up 18.8% during 2024, from $13M to $16M. Reported net income was $3M.
How have Tower Energy Group plan assets changed over time?
Across 3 plan years on file (2022-2024), Tower Energy Group's sponsor-wide assets grew 46.3%, from $11M to $16M.
Which 401(k) plans are similar in size to Tower Energy Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Hadley Products Corporation Employees 401(k) Profit Sharing Plan in MI ($16M, 561 participants).
Which 401(k) plans cover a similar participant headcount to Tower Energy Group 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Wat Opco LLC (Dba Woodlake at Tolland) 401(k) Plan in CT (127 participants, $829K in assets).