2023 Form 5500 filing — Tower Products Esop

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 20241011143347NAL0039016560001) for Tower Products Esop, reported by Tower Products Incorporated under EIN 14-1659003 and plan number 002. It reports 142 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$23MReported net assets$23,030,590
Participants142
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241011143347NAL0039016560001
Plan sponsor
Tower Products Incorporated
EIN
14-1659003
Plan number
002
Location
Saugerties, NY
Received date
not reported in the loaded dataset
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)$55.4M total assets
Net assets$23MLiabilities$32.3M
Money in vs. money out
Total income / additions$15.2M
Total expenses$1.3M
Benefits paid / distributions$265.2K
Contributions
Employer$1.9M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$55,352,017
Total liabilities (EOY)
$32,321,427
Net assets (EOY)
$23,030,590
Employer contributions
$1,867,022
Total income / additions
$15,183,314
Benefits paid
$265,226
Administrative expenses
$0
Total expenses
$1,333,324
Net increase / (decrease)
$13,849,990

Related Form 5500 pages