401(k) · DOL Form 5500 · 2024
Tower Semiconductor Newport Beach Inc. 401(k) Plan
Data updated 2026-08-25
- $20M
- Total assets Small plan by assets
- 357
- Participants Below avg headcount
- 71st
- Percentile by assets National rank
- $56,837
- Avg per participant Low balance/head
Official DOL plan name: Tower Semiconductor Newport Beach Hourly Savings Plan · Sponsored by Tower Semiconductor Newport Beach Inc. · California · Manufacturing
$20M in assets, 357 participants
Tower Semiconductor Newport Beach Inc.'s Tower Semiconductor Newport Beach Hourly Savings Plan reported $20M in total assets and 357 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.
- #10,689 in Manufacturing (17,777 peers)
Tower Semiconductor Newport Beach Inc. multi-year trail
Tower Semiconductor Newport Beach Inc.'s plans moved +34.9% in assets from 2022 to 2024; this filing shows Tower Semiconductor Newport Beach Hourly Savings Plan at $20M / 357 participants.
- #10,689
- in Manufacturing (17,777 peers)
- +14.4%
- assets growth YoY
Tower Semiconductor Newport Beach Hourly Savings Plan's outsized position by total assets
Tower Semiconductor Newport Beach Hourly Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$20,290,789 Top 29% higher than 71% 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 Semiconductor Newport Beach Hourly Savings 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 Semiconductor Newport Beach Hourly Savings Plan sits mid-pack in the medium band (357 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Tower Semiconductor Newport Beach Hourly Savings Plan reported participants fell from 470 in the plan year 2023 filing to 357 in the plan year 2024 filing.
- Tower Semiconductor Newport Beach Hourly Savings Plan end-of-year assets rose from $18M in the plan year 2023 filing to $20M in the plan year 2024 filing.
DOL schedule card
Filing strip 753005127 · Tower Semiconductor Newport Beach Inc. PY 2024 · 401(k)
Tower Semiconductor Newport Beach Hourly Savings Plan · $20M · 357 · 71st
- EOY $20M
- EOY 357
- EOY 71st
- EOY 401(k)
- EOY near Rockingham Cooperative 401(k) Plan
- EOY ind #10689
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 California →
Tower Semiconductor Newport Beach Hourly Savings Plan in the asset neighbourhood
Tower Semiconductor Newport Beach Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Tower Semiconductor Newport Beach Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $215M 34.92179221563095% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 1,737 | $160M |
| 2023 | 3 | 1,726 | $189M |
| 2024 | 3 | 1,540 | $215M |
Tower Semiconductor Newport Beach Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $18M |
|---|---|
| Net Assets (End of Year) | $20M |
| Net Income | $3M |
| Employer EIN | 753005127 |
| Plan Effective Date | 2002-05-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Google LLC 401(k) Savings Plan $48.7B · 116,712
- Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
- Intel 401(k) Savings Plan $24.9B · 55,298
- Apple 401(k) Plan $24.7B · 101,450
- Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452
Tower Semiconductor Newport Beach Hourly Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside California, the nearest 401(k) by assets is Rockingham Cooperative 401(k) Plan in VA ($20M); by covered participants it is Cogency Global, Inc. 401(k) Plan in NY (357 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($20M here).
Similar participant headcount
Nearest other-state filings by covered participants (357 participants); asset peers above are excluded.
- Cogency Global, Inc. 401(k) Plan (NY) 357 · 0 off
- Fidelity Bank 401(k) Retirement Plan (LA) 357 · 0 off
- Eyas Landing, Inc. 401(k) Plan (IL) 357 · 0 off
- Rose Paving, LLC Employee's 401(k) Profit Sharing Plan (IL) 357 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.