Plan Ledger DOL Form 5500 · updated monthly

Tower Holdings Group Inc401(k)

TOWER HOLDINGS GROUP INC 401(K) PLAN · MONTGOMERY, NY · plan year 2022

Reported admin expense ratio · 2022
0.02%

Tower Holdings Group Inc reported $110 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in New York (5,473rd of 5,648), and 768th of 786 in management of companies.

Plan summary
Net assets, end of year$442,637
Participants with balances42
Active participants82
Employer contributions—
Employee contributions$82,436
Employer contribution per active participant—
Average account balance$10,539
Benefits paid to participants$32,365
Plan auditUnmodified (clean) audit opinion
AuditorGRASSI AND CO CPA'S PC
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$110 · 0.02%
Similar plansManagement of Companies · New York
Quilt LLC NY$4.6M · 0.37%
Laser Holdings, LLC NY$2.2M · 1.03%
Cpcm Holdings LLC NV$528K · 0.62%
Tru Luc Holding LLC OH$489K · 0.05%
Winwood Hospitality Group NC$472K · 1.01%
Everest EB-5 Capital LLC PA$453K · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822258419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.