2023 Form 5500 filing — Tower Industries, Inc. 401(K) Profit Sharing Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240516162629NAL0051022080001) for Tower Industries, Inc. 401(K) Profit Sharing Plan, reported by Tower Industries, Inc. under EIN 42-0774895 and plan number 003. It reports 191 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$16.1MReported net assets$16,119,384
Participants191
Provider compensation$114K3 Schedule C row(s)$114,006
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240516162629NAL0051022080001
Plan sponsor
Tower Industries, Inc.
EIN
42-0774895
Plan number
003
Location
Santa Ynez, CA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$16.1M total assets
Net assets$16.1MLiabilities$0
Money in vs. money out
Total income / additions$3.5M
Total expenses$538.2K
Benefits paid / distributions$424.2K
Contributions
Employer$351.8K
Participant$941.4K
Full reported line items
Total assets (EOY)
$16,119,384
Total liabilities (EOY)
$0
Net assets (EOY)
$16,119,384
Employer contributions
$351,787
Participant contributions
$941,372
Total income / additions
$3,534,231
Benefits paid
$424,229
Administrative expenses
$114,006
Total expenses
$538,235
Net increase / (decrease)
$2,995,996
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $62.5K · Indirect $0
  2. 2
    INVESTMENT ADVISOR · Direct $50.6K
  3. 3
    INVESTMENT MGMT · Direct $957

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240516162629NAL0051022080001 cover?
It is the 2023 Form 5500 filing for Tower Industries, Inc. 401(K) Profit Sharing Plan, reported by Tower Industries, Inc. (EIN 42-0774895).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages