# Tower Energy Group 401(k) Plan
Source: https://planprovider.pro/companies/tower-energy-group-401k-plan

> Tower Energy Group's 401(k) plan: 131 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Tower Energy Group

- **Sponsor EIN:** 330442456

- **Sponsor Address:** 1983 WEST 190TH STREET, SUITE 100, TORRANCE, CA, 905046240

- **Plan Type:** 401(k)

- **Total Participants:** 131

- **Total Assets:** $15.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|131|$15.8M|$371,495|$453,517|

| 2023|95|$13.3M|$280,690|$357,572|

| 2022|84|$10.8M|$233,315|$313,178|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| PENSION ASSURANCE LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [PENSION ASSURANCE LLP](https://planprovider.pro/provider/pension-assurance-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$38,258|—|$38,258|—|—|

| 2023|$30,778|—|$30,778|—|—|

| 2022|$30,380|—|$30,380|—|—|

## Similar Plans

- [Jaco Oil Company](https://planprovider.pro/companies/jaco-oil-company-401k-plan) — 166 participants

- [Shiralian Enterprises INC](https://planprovider.pro/companies/shiralian-enterprises-inc-401k-plan) — 90 participants

- [Garberville Gas Corporation](https://planprovider.pro/companies/garberville-gas-corporation-401k-plan) — 172 participants

- [Xtra Oil Company](https://planprovider.pro/companies/xtra-oil-company-plan) — 60 participants

- [Space Age Fuel, INC.](https://planprovider.pro/companies/space-age-fuel-inc-plan) — 218 participants

- [Robinson Oil Corporation](https://planprovider.pro/companies/robinson-oil-corporation-401k-plan) — 234 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/tower-energy-group-401k-plan)

© 2026 PlanProvider.Pro