Other · DOL Form 5500 · 2024
Tower Health Retirement Plan
Data updated 2026-08-25
- $1.1B
- Total assets Very large vs avg
- 11,699
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $96,703
- Avg per participant Below avg balance/head
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.
- #16,704 in Healthcare & Social Assistance (16,916 peers)
Coverage in Pennsylvania
Tower Health 403(b) Plan covers 11,699 participants in Pennsylvania, 14x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.1B.
- #16,704
- in Healthcare & Social Assistance (16,916 peers)
- +17.0%
- assets growth YoY
- 11×
- vs typical plan assets (national mean)
Tower Health 403(b) Plan's outsized position by total assets
Tower Health 403(b) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,131,327,958 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Tower Health 403(b) Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tower Health 403(b) Plan is a mega filing (11,699 participants), the rightmost band on the breakdown.
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.
EBSA filing schedule strip
Filing strip 232201344 · Tower Health PY 2024 · Other
Tower Health 403(b) Plan · $1.1B · 11,699 · 99th
- PHOTO $1.1B
- PHOTO 11,699
- PHOTO 99th
- PHOTO Other
- PHOTO near Ann & Robert H. Lurie Children's Hospital of Chicago Retirement Savings Plan
- PHOTO ind #16704
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 Healthcare & Social Assistance retirement plans → · Plans in Pennsylvania →
Tower Health 403(b) Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $967M |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $165M |
| Employer EIN | 232201344 |
| Plan Effective Date | 1997-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tower Health)
Sponsor-wide plan assets over time
All Tower Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.1B 43.64676217076761% vs 2022
- 2024 filing year
| 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.
- The University of Pennsylvania Matching Plan $7.0B · 22,110
- Upmc 403(b) Retirement Savings Plan $4.7B · 78,872
- The University of Pennsylvania Health System 403(b) Retirement Savings Plan $3.6B · 43,405
- Carnegie Mellon University Faculty and Staff Retirement Plan $2.8B · 6,772
- Jefferson Defined Contribution Retirement Plan $2.8B · 17,497
Scale composition for Tower Health 403(b) Plan
Tower Health 403(b) Plan reports $1.1B in end-of-year assets across 11,699 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $96,703 per participant (70% of the national average assets-per-participant) . Net income for plan year 2024 was $165M.
This plan identity (EIN 232201344, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $788M to $1.1B (+43.6%) while covered participants moved from 12,324 to 11,699 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,324 | $788M | Open filing |
| 2023 | 11,344 | $967M | Open filing |
| 2024 · index core | 11,699 | $1.1B | This page |
Tower Health 403(b) Plan's out-of-state Other peers by assets and headcount
Outside Pennsylvania, the nearest Other by assets is Ann & Robert H. Lurie Children's Hospital of Chicago Retirement Savings Plan in IL ($1.1B); by covered participants it is Board of Electrical Workers Local #26 I.a. Individual Account Plan in MD (11,691 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.1B here).
- Ann & Robert H. Lurie Children's Hospital of Chicago Retirement Savings Plan (IL) $1.1B · 7,171
- Southcoast Health System Partnership Plan (MA) $1.1B · 7,579
- St. Lukes Health System Matched 403b Plan (ID) $1.1B · 17,370
- Children's Mercy Hospital Tax-Deferred Annuity Retirement Plan (MO) $1.1B · 9,184
Similar participant headcount
Nearest other-state filings by covered participants (11,699 participants); asset peers above are excluded.
- Board of Electrical Workers Local #26 I.a. Individual Account Plan (MD) 11,691 · 8 off
- The University of Chicago Medical Center Supplemental Retirement Annuity Plan (IL) 11,715 · 16 off
- Shands Healthcare Matched Savings Account 403(b) (FL) 11,793 · 94 off
- Presbyterian Healthcare Services 403(b) Plan (NM) 11,856 · 157 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.