Plan Snapshot
- Plan Sponsor: Tower Federal Credit Union
- Sponsor EIN: 530214895
- Sponsor Address: 7901 SANDY SPRING RD, LAUREL, MD, 207073589
- Plan Type: DB
- Plan Number: 001
- Total Participants: 407
- Total Assets: $100.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2023 | 407 | $100.4M | $4.5M | $0 |
| 2022 | 451 | $89.8M | $4.1M | $0 |