401(k) · DOL Form 5500 · 2024

Tower Semiconductor Newport Beach Inc. 401(k) Plan

Data updated 2026-08-25

$176M
Total assets Near avg plan size
1,080
Participants Near avg headcount
94th
Percentile by assets National rank
$163,184
Avg per participant Above avg balance/head
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Official DOL plan name: Tower Semiconductor Newport Beach Retirement Savings Plan · Sponsored by Tower Semiconductor Newport Beach Inc. · California · Manufacturing

$176M in assets, 1,080 participants

Tower Semiconductor Newport Beach Inc.'s Tower Semiconductor Newport Beach Retirement Savings Plan reported $176M in total assets and 1,080 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #16,096 in Manufacturing (17,777 peers)

Where Tower Semiconductor Newport Beach Retirement Savings Plan sits by assets

Tower Semiconductor Newport Beach Retirement Savings Plan sits in the top 10% of all filed plans by assets, $176M for 1,080 participants (~$163,184/participant), up 16.5% in 2024.

#16,096
in Manufacturing (17,777 peers)
+16.5%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Tower Semiconductor Newport Beach Retirement Savings Plan's outsized position by total assets

Tower Semiconductor Newport Beach Retirement Savings Plan vs every filed plan by assets

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

$176,239,010 Top 6% higher than 94% 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 Semiconductor Newport Beach Retirement Savings Plan's large-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 Semiconductor Newport Beach Retirement Savings Plan lands in the large band (1,080 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tower Semiconductor Newport Beach Retirement Savings Plan end-of-year assets rose from $151M in the plan year 2023 filing to $176M in the plan year 2024 filing.
  • Tower Semiconductor Newport Beach Retirement Savings Plan reported participants fell from 1,142 in the plan year 2023 filing to 1,080 in the plan year 2024 filing.
  • Tower Semiconductor Newport Beach Retirement Savings Plan reported net income fell from $26M in the plan year 2023 filing to $25M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 753005127 · Tower Semiconductor Newport Beach Inc. PY 2024 · 401(k)

Tower Semiconductor Newport Beach Retirement Savings Plan · $176M · 1,080 · 94th

  • TYPE $176M
  • NET 1,080
  • BOOK 94th
  • VS-ST 401(k)
  • BOY near Green Bay Electrical Workers Pension Plan
  • SCH ind #16096

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 Retirement Savings Plan in the asset neighbourhood

Ahead, Inc. 401(k) Plan$176MTower Semiconductor Newport Beach Retirement Savings PlanTower Semiconductor Newport …$176MGreen Bay Electrical Workers Pension PlanGreen Bay Electrical Workers…$176MSyniverse Technologies Savings PlanSyniverse Technologies Savin…$176MFirst Commonwealth Financial Corporation 401(k) Retirement Savings and Investment PlanFirst Commonwealth Financial…$176M
End-of-year total assets ($M) among Tower Semiconductor Newport Beach Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$151M
Net Assets (End of Year)$176M
Net Income$25M
Employer EIN753005127
Plan Effective Date2002-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Semiconductor Newport Beach Inc.)

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
$140M$160M$180M$200M$220M$240M 202220232024 $160M $215M ▲ +34.9%
Year Plans Participants Total Assets
2022 3 1,737 $160M
2023 3 1,726 $189M
2024 3 1,540 $215M

Nearby 401(k) Plans in California

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

Tower Semiconductor Newport Beach Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Tower Semiconductor Newport Beach Retirement Savings Plan, Total assets ($B): 0.17623901 · Participants: 1080Tower Semiconductor Newport Beach Retirement Savings 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 Semiconductor Newport Beach Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Tower Semiconductor Newport Beach Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Green Bay Electrical Workers Pension Plan in WI ($176M); by covered participants it is Ayr Strategies Retirement Plan in NY (1,080 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,080 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 Semiconductor Newport Beach Retirement Savings Plan assets move in 2024? ▼
Tower Semiconductor Newport Beach Retirement Savings Plan grew sharply - up 16.5% during 2024, from $151M to $176M. Reported net income was $25M.
How have Tower Semiconductor Newport Beach Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Semiconductor Newport Beach Inc.'s sponsor-wide assets grew 34.9%, from $160M to $215M.
Where does Tower Semiconductor Newport Beach Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Tower Semiconductor Newport Beach Retirement Savings Plan ranks in the 94th 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 401(k) plans are similar in size to Tower Semiconductor Newport Beach Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Green Bay Electrical Workers Pension Plan in WI ($176M, 623 participants).
Which 401(k) plans cover a similar participant headcount to Tower Semiconductor Newport Beach Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ayr Strategies Retirement Plan in NY (1,080 participants, $3M in assets).