Tower Health 403(B) Plan — Form 5500 plan (Tower Health)

Plain-English plan 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, Tower Health 403(B) Plan is a benefit plan reported by Tower Health under EIN 23-2201344 and plan number 001. The latest loaded filing year is 2023. The filing reports 16,774 participants and $966,702,226 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Tower Health
EIN
23-2201344
Plan number
001
Plan type
2
Location
West Reading, PA
Latest filing year
2023
Participants
16,774
End-of-year plan assets
$966,702,226

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202316,774H, C20241008144514NAL0016879201001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$966,702,226
Total liabilities (EOY)
$0
Net assets (EOY)
$966,702,226
Net assets (BOY)
$787,576,372

Income & contributions

Employer contributions
$30,284,955
Participant contributions
$79,996,639
Total contributions
$115,637,978
Total income / additions
$261,430,750

Expenses & distributions

Benefits paid
$80,460,410
Administrative expenses
$1,146,334
Total expenses
$82,304,896
Net increase / (decrease)
$179,125,854

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln National CorporationSERVICE PROVIDER$1,120,607$02023
MorningstarINVESTMENT ADVISOR$25,727$02023

Related Form 5500 pages