Civic Intelligence

Tower Fasteners Inc.

Plan context: Tower Fasteners Inc. 401K Plan

EIN 11-2143620 • Holtsville, NY • 48 filings • 10 plans

1690 North Ocean AvenueHoltsville, NY 11742
Current Snapshot

Latest Year

2022

2022 Participants

70

2022 Assets

$18,049,535

2022 Contributions

$1,519,619

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$22,386,390$11,193,195$0199920112021YearValue
$18,049,535Latest year 2021

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

113570199920102021YearValue
70Latest year 2021

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202220$0$1,519,619-
Tower Fasteners Inc. 401K Plan-0$0$1,519,619-
Tower Fasteners Inc. Defined Benefit Pension Plan-0$0$0-
2021270$18,049,535$576,552$8,236iApproximate average salary by contribution assumption: employee only about $205,911 at 4% or $137,274 at 6%; with 50% employer match about $137,274 at 4% or $91,516 at 6%; with 100% employer match about $102,956 at 4% or $68,637 at 6%.
Tower Fasteners Inc. 401K Plan-70$17,897,634$576,552$8,236iApproximate average salary by contribution assumption: employee only about $205,911 at 4% or $137,274 at 6%; with 50% employer match about $137,274 at 4% or $91,516 at 6%; with 100% employer match about $102,956 at 4% or $68,637 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-9$151,901$0-
2020268$22,386,390$654,654$9,627iApproximate average salary by contribution assumption: employee only about $240,682 at 4% or $160,454 at 6%; with 50% employer match about $160,454 at 4% or $106,970 at 6%; with 100% employer match about $120,341 at 4% or $80,227 at 6%.
Tower Fasteners Inc. 401K Plan-68$15,486,789$514,654$7,568iApproximate average salary by contribution assumption: employee only about $189,211 at 4% or $126,141 at 6%; with 50% employer match about $126,141 at 4% or $84,094 at 6%; with 100% employer match about $94,606 at 4% or $63,070 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-62$6,899,601$140,000$2,258iApproximate average salary by contribution assumption: employee only about $56,452 at 4% or $37,634 at 6%; with 50% employer match about $37,634 at 4% or $25,090 at 6%; with 100% employer match about $28,226 at 4% or $18,817 at 6%.
2019267$18,512,732$740,578$11,053iApproximate average salary by contribution assumption: employee only about $276,335 at 4% or $184,223 at 6%; with 50% employer match about $184,223 at 4% or $122,816 at 6%; with 100% employer match about $138,168 at 4% or $92,112 at 6%.
Tower Fasteners Inc. 401K Plan-67$13,301,913$540,578$8,068iApproximate average salary by contribution assumption: employee only about $201,708 at 4% or $134,472 at 6%; with 50% employer match about $134,472 at 4% or $89,648 at 6%; with 100% employer match about $100,854 at 4% or $67,236 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-65$5,210,819$200,000$3,077iApproximate average salary by contribution assumption: employee only about $76,923 at 4% or $51,282 at 6%; with 50% employer match about $51,282 at 4% or $34,188 at 6%; with 100% employer match about $38,462 at 4% or $25,641 at 6%.
2018279$15,423,500$748,617$9,476iApproximate average salary by contribution assumption: employee only about $236,904 at 4% or $157,936 at 6%; with 50% employer match about $157,936 at 4% or $105,291 at 6%; with 100% employer match about $118,452 at 4% or $78,968 at 6%.
Tower Fasteners Inc. 401K Plan-79$10,498,010$508,617$6,438iApproximate average salary by contribution assumption: employee only about $160,955 at 4% or $107,303 at 6%; with 50% employer match about $107,303 at 4% or $71,535 at 6%; with 100% employer match about $80,477 at 4% or $53,652 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-68$4,925,490$240,000$3,529iApproximate average salary by contribution assumption: employee only about $88,235 at 4% or $58,824 at 6%; with 50% employer match about $58,824 at 4% or $39,216 at 6%; with 100% employer match about $44,118 at 4% or $29,412 at 6%.
2017281$15,439,386$702,163$8,669iApproximate average salary by contribution assumption: employee only about $216,717 at 4% or $144,478 at 6%; with 50% employer match about $144,478 at 4% or $96,319 at 6%; with 100% employer match about $108,358 at 4% or $72,239 at 6%.
Tower Fasteners Inc. 401K Plan-81$10,851,783$462,163$5,706iApproximate average salary by contribution assumption: employee only about $142,643 at 4% or $95,095 at 6%; with 50% employer match about $95,095 at 4% or $63,397 at 6%; with 100% employer match about $71,321 at 4% or $47,548 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-71$4,587,603$240,000$3,380iApproximate average salary by contribution assumption: employee only about $84,507 at 4% or $56,338 at 6%; with 50% employer match about $56,338 at 4% or $37,559 at 6%; with 100% employer match about $42,254 at 4% or $28,169 at 6%.
2016281$12,672,727$662,532$8,179iApproximate average salary by contribution assumption: employee only about $204,485 at 4% or $136,323 at 6%; with 50% employer match about $136,323 at 4% or $90,882 at 6%; with 100% employer match about $102,243 at 4% or $68,162 at 6%.
Tower Fasteners Inc. 401K Plan-81$8,741,528$422,532$5,216iApproximate average salary by contribution assumption: employee only about $130,411 at 4% or $86,941 at 6%; with 50% employer match about $86,941 at 4% or $57,960 at 6%; with 100% employer match about $65,206 at 4% or $43,470 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-71$3,931,199$240,000$3,380iApproximate average salary by contribution assumption: employee only about $84,507 at 4% or $56,338 at 6%; with 50% employer match about $56,338 at 4% or $37,559 at 6%; with 100% employer match about $42,254 at 4% or $28,169 at 6%.
2015287$11,842,734$650,854$7,481iApproximate average salary by contribution assumption: employee only about $187,027 at 4% or $124,685 at 6%; with 50% employer match about $124,685 at 4% or $83,123 at 6%; with 100% employer match about $93,514 at 4% or $62,342 at 6%.
Tower Fasteners Inc. 401K Plan-87$8,409,843$470,854$5,412iApproximate average salary by contribution assumption: employee only about $135,303 at 4% or $90,202 at 6%; with 50% employer match about $90,202 at 4% or $60,135 at 6%; with 100% employer match about $67,651 at 4% or $45,101 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-73$3,432,891$180,000$2,466iApproximate average salary by contribution assumption: employee only about $61,644 at 4% or $41,096 at 6%; with 50% employer match about $41,096 at 4% or $27,397 at 6%; with 100% employer match about $30,822 at 4% or $20,548 at 6%.
2014276$12,363,436$588,697$7,746iApproximate average salary by contribution assumption: employee only about $193,650 at 4% or $129,100 at 6%; with 50% employer match about $129,100 at 4% or $86,067 at 6%; with 100% employer match about $96,825 at 4% or $64,550 at 6%.
Tower Fasteners Inc. 401K Plan-67$8,339,514$448,648$6,696iApproximate average salary by contribution assumption: employee only about $167,406 at 4% or $111,604 at 6%; with 50% employer match about $111,604 at 4% or $74,403 at 6%; with 100% employer match about $83,703 at 4% or $55,802 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-76$4,023,922$140,049$1,843iApproximate average salary by contribution assumption: employee only about $46,069 at 4% or $30,713 at 6%; with 50% employer match about $30,713 at 4% or $20,475 at 6%; with 100% employer match about $23,034 at 4% or $15,356 at 6%.
2013278$12,458,898$518,875$6,652iApproximate average salary by contribution assumption: employee only about $166,306 at 4% or $110,871 at 6%; with 50% employer match about $110,871 at 4% or $73,914 at 6%; with 100% employer match about $83,153 at 4% or $55,435 at 6%.
Tower Fasteners Inc. 401K Plan-67$8,271,814$379,253$5,660iApproximate average salary by contribution assumption: employee only about $141,512 at 4% or $94,342 at 6%; with 50% employer match about $94,342 at 4% or $62,894 at 6%; with 100% employer match about $70,756 at 4% or $47,171 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-78$4,187,084$139,622$1,790iApproximate average salary by contribution assumption: employee only about $44,751 at 4% or $29,834 at 6%; with 50% employer match about $29,834 at 4% or $19,889 at 6%; with 100% employer match about $22,375 at 4% or $14,917 at 6%.
2012278$9,969,419$574,776$7,369iApproximate average salary by contribution assumption: employee only about $184,223 at 4% or $122,815 at 6%; with 50% employer match about $122,815 at 4% or $81,877 at 6%; with 100% employer match about $92,112 at 4% or $61,408 at 6%.
Tower Fasteners Inc. 401K Plan-67$6,498,335$449,082$6,703iApproximate average salary by contribution assumption: employee only about $167,568 at 4% or $111,712 at 6%; with 50% employer match about $111,712 at 4% or $74,475 at 6%; with 100% employer match about $83,784 at 4% or $55,856 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-78$3,471,084$125,694$1,611iApproximate average salary by contribution assumption: employee only about $40,287 at 4% or $26,858 at 6%; with 50% employer match about $26,858 at 4% or $17,905 at 6%; with 100% employer match about $20,143 at 4% or $13,429 at 6%.
2011288$8,569,261$419,132$4,763iApproximate average salary by contribution assumption: employee only about $119,072 at 4% or $79,381 at 6%; with 50% employer match about $79,381 at 4% or $52,921 at 6%; with 100% employer match about $59,536 at 4% or $39,691 at 6%.
Tower Fasteners Inc. 401K Plan-88$5,560,704$243,547$2,768iApproximate average salary by contribution assumption: employee only about $69,189 at 4% or $46,126 at 6%; with 50% employer match about $46,126 at 4% or $30,751 at 6%; with 100% employer match about $34,595 at 4% or $23,063 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-80$3,008,557$175,585$2,195iApproximate average salary by contribution assumption: employee only about $54,870 at 4% or $36,580 at 6%; with 50% employer match about $36,580 at 4% or $24,387 at 6%; with 100% employer match about $27,435 at 4% or $18,290 at 6%.
2010288$8,202,140$602,922$6,851iApproximate average salary by contribution assumption: employee only about $171,285 at 4% or $114,190 at 6%; with 50% employer match about $114,190 at 4% or $76,127 at 6%; with 100% employer match about $85,642 at 4% or $57,095 at 6%.
Tower Fasteners Inc. 401K Plan-88$5,313,531$445,832$5,066iApproximate average salary by contribution assumption: employee only about $126,657 at 4% or $84,438 at 6%; with 50% employer match about $84,438 at 4% or $56,292 at 6%; with 100% employer match about $63,328 at 4% or $42,219 at 6%.
Tower Fasteners Inc. 401K Plan-81$2,888,609$157,090$1,939iApproximate average salary by contribution assumption: employee only about $48,485 at 4% or $32,323 at 6%; with 50% employer match about $32,323 at 4% or $21,549 at 6%; with 100% employer match about $24,242 at 4% or $16,162 at 6%.
2009289$6,698,037$514,206$5,778iApproximate average salary by contribution assumption: employee only about $144,440 at 4% or $96,293 at 6%; with 50% employer match about $96,293 at 4% or $64,196 at 6%; with 100% employer match about $72,220 at 4% or $48,147 at 6%.
Tower Fasteners Inc. 401K Plan-89$4,378,070$419,956$4,719iApproximate average salary by contribution assumption: employee only about $117,965 at 4% or $78,643 at 6%; with 50% employer match about $78,643 at 4% or $52,429 at 6%; with 100% employer match about $58,983 at 4% or $39,322 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-84$2,319,967$94,250$1,122iApproximate average salary by contribution assumption: employee only about $28,051 at 4% or $18,700 at 6%; with 50% employer match about $18,700 at 4% or $12,467 at 6%; with 100% employer match about $14,025 at 4% or $9,350 at 6%.
20082100$3,346,754$519,078$5,191iApproximate average salary by contribution assumption: employee only about $129,769 at 4% or $86,513 at 6%; with 50% employer match about $86,513 at 4% or $57,675 at 6%; with 100% employer match about $64,885 at 4% or $43,257 at 6%.
Tower Fasteners Inc. 401K Plan-100$3,346,754$519,078$5,191iApproximate average salary by contribution assumption: employee only about $129,769 at 4% or $86,513 at 6%; with 50% employer match about $86,513 at 4% or $57,675 at 6%; with 100% employer match about $64,885 at 4% or $43,257 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-48---
20072108$4,268,595$383,647$3,552iApproximate average salary by contribution assumption: employee only about $88,807 at 4% or $59,205 at 6%; with 50% employer match about $59,205 at 4% or $39,470 at 6%; with 100% employer match about $44,404 at 4% or $29,602 at 6%.
Tower Fasteners Inc. 401K Plan-108$4,268,595$383,647$3,552iApproximate average salary by contribution assumption: employee only about $88,807 at 4% or $59,205 at 6%; with 50% employer match about $59,205 at 4% or $39,470 at 6%; with 100% employer match about $44,404 at 4% or $29,602 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-53---
2006296$3,885,272$521,452$5,432iApproximate average salary by contribution assumption: employee only about $135,795 at 4% or $90,530 at 6%; with 50% employer match about $90,530 at 4% or $60,353 at 6%; with 100% employer match about $67,897 at 4% or $45,265 at 6%.
Tower Fasteners Inc. 401K Plan-96$3,885,272$521,452$5,432iApproximate average salary by contribution assumption: employee only about $135,795 at 4% or $90,530 at 6%; with 50% employer match about $90,530 at 4% or $60,353 at 6%; with 100% employer match about $67,897 at 4% or $45,265 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-57---
2005293$6,287,981$359,362$3,864iApproximate average salary by contribution assumption: employee only about $96,603 at 4% or $64,402 at 6%; with 50% employer match about $64,402 at 4% or $42,935 at 6%; with 100% employer match about $48,301 at 4% or $32,201 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-61$3,151,618$10,000$164iApproximate average salary by contribution assumption: employee only about $4,098 at 4% or $2,732 at 6%; with 50% employer match about $2,732 at 4% or $1,821 at 6%; with 100% employer match about $2,049 at 4% or $1,366 at 6%.
Tower Fasteners Inc. 401K Plan-93$3,136,363$349,362$3,757iApproximate average salary by contribution assumption: employee only about $93,915 at 4% or $62,610 at 6%; with 50% employer match about $62,610 at 4% or $41,740 at 6%; with 100% employer match about $46,957 at 4% or $31,305 at 6%.
20043107$5,810,684$661,077$6,178iApproximate average salary by contribution assumption: employee only about $154,457 at 4% or $102,971 at 6%; with 50% employer match about $102,971 at 4% or $68,648 at 6%; with 100% employer match about $77,229 at 4% or $51,486 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-78$3,047,176$315,000$4,038iApproximate average salary by contribution assumption: employee only about $100,962 at 4% or $67,308 at 6%; with 50% employer match about $67,308 at 4% or $44,872 at 6%; with 100% employer match about $50,481 at 4% or $33,654 at 6%.
Tower Fasteners Inc. 401K Plan-107$2,763,508$346,077$3,234iApproximate average salary by contribution assumption: employee only about $80,859 at 4% or $53,906 at 6%; with 50% employer match about $53,906 at 4% or $35,937 at 6%; with 100% employer match about $40,430 at 4% or $26,953 at 6%.
Tower Fasteners Inc. 401K Plan-107---
20032101$5,092,010$575,139$5,694iApproximate average salary by contribution assumption: employee only about $142,361 at 4% or $94,907 at 6%; with 50% employer match about $94,907 at 4% or $63,272 at 6%; with 100% employer match about $71,181 at 4% or $47,454 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-75$2,706,071$289,000$3,853iApproximate average salary by contribution assumption: employee only about $96,333 at 4% or $64,222 at 6%; with 50% employer match about $64,222 at 4% or $42,815 at 6%; with 100% employer match about $48,167 at 4% or $32,111 at 6%.
Tower Fasteners Inc. 401K Plan-101$2,385,939$286,139$2,833iApproximate average salary by contribution assumption: employee only about $70,826 at 4% or $47,218 at 6%; with 50% employer match about $47,218 at 4% or $31,478 at 6%; with 100% employer match about $35,413 at 4% or $23,609 at 6%.
20021105$0$0-
Tower Fasteners Inc. 401K Plan-105---
2001287$0$0-
Tower Fasteners Inc. Defined Benefit Pension Plan-87---
Tower Fasteners Inc. 401K Plan-0---
20002113$1,968,430$338,687$2,997iApproximate average salary by contribution assumption: employee only about $74,931 at 4% or $49,954 at 6%; with 50% employer match about $49,954 at 4% or $33,303 at 6%; with 100% employer match about $37,465 at 4% or $24,977 at 6%.
Tower Fasteners Inc. 401K Plan-113$1,968,430$338,687$2,997iApproximate average salary by contribution assumption: employee only about $74,931 at 4% or $49,954 at 6%; with 50% employer match about $49,954 at 4% or $33,303 at 6%; with 100% employer match about $37,465 at 4% or $24,977 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-69---
19992113$3,922,900$564,362$4,994iApproximate average salary by contribution assumption: employee only about $124,859 at 4% or $83,239 at 6%; with 50% employer match about $83,239 at 4% or $55,493 at 6%; with 100% employer match about $62,429 at 4% or $41,620 at 6%.
Tower Fasteners Inc. Defined Benefit Pension Plan-82$2,129,763$274,800$3,351iApproximate average salary by contribution assumption: employee only about $83,780 at 4% or $55,854 at 6%; with 50% employer match about $55,854 at 4% or $37,236 at 6%; with 100% employer match about $41,890 at 4% or $27,927 at 6%.
Tower Fasteners Inc. 401K Plan-113$1,793,137$289,562$2,562iApproximate average salary by contribution assumption: employee only about $64,062 at 4% or $42,708 at 6%; with 50% employer match about $42,708 at 4% or $28,472 at 6%; with 100% employer match about $32,031 at 4% or $21,354 at 6%.
Tower Fasteners Inc. | EIN 11-2143620 | 2022 Form 5500 Company Profile