Defined Benefit (Pension) · DOL Form 5500 · 2024

Tower Automotive Operations USA I, LLC Pension Plan

Data updated 2026-08-25

$109M
Total assets Near avg plan size
308
Participants Below avg headcount
91st
Percentile by assets National rank
$353,238
Avg per participant High balance/head
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Official DOL plan name: Tower International Pension Plan · Sponsored by Tower Automotive Operations USA I, LLC · Michigan · Manufacturing

$109M in assets, 308 participants

Tower Automotive Operations USA I, LLC's Tower International Pension Plan reported $109M in total assets and 308 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #15,414 in Manufacturing (17,777 peers)

Coverage in Michigan

Tower International Pension Plan covers 308 participants in Michigan, about 48% of the average Michigan filer (state average ~638 per filing). Assets: $109M.

#15,414
in Manufacturing (17,777 peers)
-9.7%
assets change YoY
1.1×
vs typical plan assets (national mean)

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tower International Pension Plan's outsized position by total assets

Tower International Pension Plan vs every filed plan by assets

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

$108,797,355 Top 9% higher than 91% 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 International Pension 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 International Pension Plan sits mid-pack in the medium band (308 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tower International Pension Plan reported net income fell from -$4M in the plan year 2023 filing to -$12M in the plan year 2024 filing.
  • Tower International Pension Plan reported participants fell from 345 in the plan year 2023 filing to 308 in the plan year 2024 filing.
  • Tower International Pension Plan end-of-year assets fell from $120M in the plan year 2023 filing to $109M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 260440499 · Tower Automotive Operations USA I, LLC PY 2024 · Defined Benefit (Pension)

Tower International Pension Plan · $109M · 308 · 91st

  • VS-ST $109M
  • BOY 308
  • SCH 91st
  • EBSA Defined Benefit (Pension)
  • PART near Sheet Metal Workers' Local 46 Pension Fund
  • TYPE ind #15414

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 Michigan →

Tower International Pension Plan in the asset neighbourhood

Tower International Pension PlanTower International Pension …$109MSheet Metal Workers' Local 46 Pension FundSheet Metal Workers' Local 4…$109MBrazos Electric Power Cooperative Inc. Pension PlanBrazos Electric Power Cooper…$109MSouthern California Floor Covering Pension Trust FundSouthern California Floor Co…$109MPhiladelphia Federal Credit Union Defined Benefit Plan and TrustPhiladelphia Federal Credit …$109M
End-of-year total assets ($M) among Tower International Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$120M
Net Assets (End of Year)$109M
Net Income-$12M
Employer EIN260440499
Plan Effective Date1997-04-18
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Automotive Operations USA I, LLC)

Sponsor-wide plan assets over time

All Tower Automotive Operations USA I, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$109M 12.377417516896852% vs 2022
2024 filing year
$105M$110M$115M$120M$125M$130M 202220232024 $124M $109M ▼ -12.4%
Year Plans Participants Total Assets
2022 1 378 $124M
2023 1 345 $120M
2024 1 308 $109M

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Tower International Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Tower International Pension Plan, Total assets ($B): 0.108797355 · Participants: 308Tower International Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
Tower International Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Tower International Pension Plan side-by-side with 3 peers →

Tower International Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Sheet Metal Workers' Local 46 Pension Fund in NY ($109M); by covered participants it is Dairy Farmers of America, Inc. Retirement Plan in KS (308 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (308 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 International Pension Plan assets move in 2024? ▼
Tower International Pension Plan pulled back noticeably - down 9.7% during 2024, from $120M to $109M. Reported net income was -$12M.
How have Tower Automotive Operations USA I, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Automotive Operations USA I, LLC's sponsor-wide assets declined 12.4%, from $124M to $109M.
Where does Tower International Pension Plan rank by assets among Form 5500 filers? ▼
Tower International Pension Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Tower International Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sheet Metal Workers' Local 46 Pension Fund in NY ($109M, 362 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Tower International Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Dairy Farmers of America, Inc. Retirement Plan in KS (308 participants, $94M 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 260440499.

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.