401(k) · DOL Form 5500 · 2024
Tower Semiconductor Newport Beach Inc. 401(k) Plan
Data updated 2026-08-11
- $176M
- Total assets
- 1,080
- Participants
- 94th
- Percentile by assets
- $163,184
- Avg per participant
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.
- 94th percentile by assets (of 123,622 plans)
- #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.
- $176M
- total plan assets (2024 EOY)
- 1,080
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $163,184
- avg assets per participant
Where Tower Semiconductor Newport Beach Retirement Savings Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
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.
Tower Semiconductor Newport Beach Retirement Savings Plan vs the 2024 asset distribution
By assets, Tower Semiconductor Newport Beach Retirement Savings Plan outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.8x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $151M |
|---|---|
| Net Assets (End of Year) | $176M |
| Net Income | $25M |
| Employer EIN | 753005127 |
| Plan Effective Date | 2002-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tower Semiconductor Newport Beach Inc.)
| 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.
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Tower Semiconductor Newport Beach Retirement Savings Plan by total assets, not by location.
- Green Bay Electrical Workers Pension Plan (WI) $176M · 623
- Ahead, Inc. 401(k) Plan (IL) $176M · 1,777
- Syniverse Technologies Savings Plan (FL) $176M · 468
- First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan (PA) $176M · 1,475
Frequently Asked Questions
How did Tower Semiconductor Newport Beach Retirement Savings Plan assets move in 2024? ▼
How have Tower Semiconductor Newport Beach Inc. plan assets changed over time? ▼
Where does Tower Semiconductor Newport Beach Retirement Savings Plan rank by assets among Form 5500 filers? ▼
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Next read for Tower Semiconductor Newport Beach Retire…
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Ways to act on Tower Semiconductor Newport Beach Retirement Savings Plan's numbers.
- By total assets, Tower Semiconductor Newport Beach Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Tower Semiconductor Newport Beach Inc.'s sponsor-wide assets have grown 34.9% since 2022 across 3 plan years on file. More Manufacturing plans