Tower International Pension Plan — Form 5500 plan (Tower Automotive Operations Usa I, LLC)
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 International Pension Plan is a benefit plan reported by Tower Automotive Operations Usa I, LLC under EIN 26-0440499 and plan number 003. The latest loaded filing year is 2023. The filing reports 2,548 participants and $120,483,320 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Tower Automotive Operations Usa I, LLC
- EIN
- 26-0440499
- Plan number
- 003
- Plan type
- 2
- Location
- New Boston, MI
- Latest filing year
- 2023
- Participants
- 2,548
- End-of-year plan assets
- $120,483,320
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,548 | H, C | 20251010115829NAL0012521200001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $120,483,320
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $120,483,320
- Net assets (BOY)
- $124,165,885
Income & contributions
- Employer contributions
- $4,255,872
- Total contributions
- $4,255,872
- Total income / additions
- $12,549,831
Expenses & distributions
- Benefits paid
- $13,804,519
- Administrative expenses
- $2,427,877
- Total expenses
- $16,232,396
- Net increase / (decrease)
- -$3,682,565
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bank Of New York Mellon | RETAINED BY EMPLOYER | $250,000 | not reported in the loaded dataset | 2023 |
| John Hancock | RETAINED BY EMPLOYER | $241,070 | $0 | 2023 |
| Blackrock Institutional Trust | RETAINED BY EMPLOYER | $11,689 | not reported in the loaded dataset | 2023 |
| Doeren Mayhew | RETAINED BY EMPLOYER | $1,520 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Tower Automotive Operations Usa I, LLC
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in New Boston, MI
- Bank Of New York Mellon — Schedule C compensation
- John Hancock — Schedule C compensation
- Blackrock Institutional Trust — Schedule C compensation
- Doeren Mayhew — Schedule C compensation