Other · DOL Form 5500 · 2024

Tower Health Retirement Plan

Data updated 2026-08-06

$1.1B
Total assets
11,699
Participants
99th
Percentile by assets
$96,703
Avg per participant
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Official DOL plan name: Tower Health 403(b) Plan · Sponsored by Tower Health · Pennsylvania · Healthcare & Social Assistance

$1.1B in assets, 11,699 participants

Tower Health's Tower Health 403(b) Plan reported $1.1B in total assets and 11,699 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 116,472 plans)

Coverage in Pennsylvania

Tower Health 403(b) Plan covers 11,699 participants in Pennsylvania, 14x the typical Pennsylvania plan (state average ~824 per filing). Assets: $1.1B.

$1.1B
total plan assets (2024 EOY)
11,699
covered participants
99th
percentile by assets (of 116,472 plans)
$96,703
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tower Health 403(b) Plan end-of-year assets rose from $967M in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
  • Tower Health 403(b) Plan reported net income fell from $179M in the plan year 2023 filing to $165M in the plan year 2024 filing.
  • Tower Health 403(b) Plan reported participants rose from 11,344 in the plan year 2023 filing to 11,699 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Tower Health 403(b) Plan reports 11,699 participants - 14x that state average ($1.1B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$967M
Net Assets (End of Year)$1.1B
Net Income$165M
Employer EIN232201344
Plan Effective Date1997-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Health)

$0.6B$0.8B$1B$1.2B 202220232024 $0.79B $1.13B ▲ +43.0%
Total plan assets by year, all Tower Health plans on file
Year Plans Participants Total Assets
2022 1 12,324 $788M
2023 1 11,344 $967M
2024 1 11,699 $1.1B

Nearby Other Plans in Pennsylvania

Peer Other plans, same state, same plan type, ranked by total assets.

Tower Health 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Tower Health 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 02468 Total assets ($B) Participants Tower Health 403(b) …The University of Pe…Upmc 403(b) Retireme…The University of Pe…Carnegie Mellon Univ…Jefferson Defined Co…
Tower Health 403(b) Plan vs. nearby Other plans in Pennsylvania, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Tower Health 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Tower Health 403(b) Plan assets move in 2024?
Tower Health 403(b) Plan grew sharply - up 17.0% during 2024, from $967M to $1.1B. Reported net income was $165M.
How have Tower Health plan assets changed over time?
Across 3 plan years on file (2022-2024), Tower Health's sponsor-wide assets grew 43.6%, from $788M to $1.1B.
Where does Tower Health 403(b) Plan rank by assets among Form 5500 filers?
Tower Health 403(b) Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Other plans are similar in size to Tower Health 403(b) Plan?
Among Other plans in other states, the closest by assets is Ann & Robert H. Lurie Children's Hospital of Chicago Retirement Savings Plan in IL ($1.1B, 7,171 participants).

Filing takeaways

Ways to act on Tower Health 403(b) Plan's numbers.

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 232201344.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.