Civic Intelligence

Tower Financial

Plan context: TOWER FINANCIAL 401(K) PLAN

EIN 22-2092226 • Voorhees, NJ • 15 filings • 3 plans

1020 Laurel Oak Rd. Ste.301Voorhees, NJ 08043
Current Snapshot

Latest Year

2012

2012 Participants

8

2012 Assets

$608,001

2012 Contributions

$100,000

Historical Graphs

Total Assets Over Time

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

$640,063$320,032$0200020062011YearValue
$608,001Latest year 2011

Participants Over Time

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

1580200020062011YearValue
8Latest year 2011

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
201210$0$0-
TOWER FINANCIAL 401(K) PLAN-0$0--
201118$608,001$0-
TOWER FINANCIAL 401(K) PLAN-8$608,001--
201019$640,063$0-
TOWER FINANCIAL 401(K) PLAN-9$640,063$0-
2009115$618,494$0-
TOWER FINANCIAL 401(K) PLAN-15$618,494$0-
2008111$536,445$100,000$9,091iApproximate average salary by contribution assumption: employee only about $227,273 at 4% or $151,515 at 6%; with 50% employer match about $151,515 at 4% or $101,010 at 6%; with 100% employer match about $113,636 at 4% or $75,758 at 6%.
TOWER FINANCIAL 401K PLAN-11$536,445$100,000$9,091iApproximate average salary by contribution assumption: employee only about $227,273 at 4% or $151,515 at 6%; with 50% employer match about $151,515 at 4% or $101,010 at 6%; with 100% employer match about $113,636 at 4% or $75,758 at 6%.
2007110$0$0-
TOWER FINANCIAL 401K PLAN-10---
200618$451,776$110,000$13,750iApproximate average salary by contribution assumption: employee only about $343,750 at 4% or $229,167 at 6%; with 50% employer match about $229,167 at 4% or $152,778 at 6%; with 100% employer match about $171,875 at 4% or $114,583 at 6%.
TOWER FINANCIAL 401K PLAN-8$451,776$110,000$13,750iApproximate average salary by contribution assumption: employee only about $343,750 at 4% or $229,167 at 6%; with 50% employer match about $229,167 at 4% or $152,778 at 6%; with 100% employer match about $171,875 at 4% or $114,583 at 6%.
200527$394,450$106,174$15,168iApproximate average salary by contribution assumption: employee only about $379,193 at 4% or $252,795 at 6%; with 50% employer match about $252,795 at 4% or $168,530 at 6%; with 100% employer match about $189,596 at 4% or $126,398 at 6%.
TOWER FINANCIAL 401K PLAN-7$394,450$104,965$14,995iApproximate average salary by contribution assumption: employee only about $374,875 at 4% or $249,917 at 6%; with 50% employer match about $249,917 at 4% or $166,611 at 6%; with 100% employer match about $187,438 at 4% or $124,958 at 6%.
Tower Financial 401K Profit Sharing Plan-0-$1,209-
200427$277,505$103,104$14,729iApproximate average salary by contribution assumption: employee only about $368,229 at 4% or $245,486 at 6%; with 50% employer match about $245,486 at 4% or $163,657 at 6%; with 100% employer match about $184,114 at 4% or $122,743 at 6%.
TOWER FINANCIAL 401K PLAN-6$197,662$97,158$16,193iApproximate average salary by contribution assumption: employee only about $404,825 at 4% or $269,883 at 6%; with 50% employer match about $269,883 at 4% or $179,922 at 6%; with 100% employer match about $202,413 at 4% or $134,942 at 6%.
Tower Financial 401K Profit Sharing Plan-7$79,843$5,946$849iApproximate average salary by contribution assumption: employee only about $21,236 at 4% or $14,157 at 6%; with 50% employer match about $14,157 at 4% or $9,438 at 6%; with 100% employer match about $10,618 at 4% or $7,079 at 6%.
200328$160,160$98,977$12,372iApproximate average salary by contribution assumption: employee only about $309,303 at 4% or $206,202 at 6%; with 50% employer match about $206,202 at 4% or $137,468 at 6%; with 100% employer match about $154,652 at 4% or $103,101 at 6%.
TOWER FINANCIAL 401K PLAN-8$87,232$87,232$10,904iApproximate average salary by contribution assumption: employee only about $272,600 at 4% or $181,733 at 6%; with 50% employer match about $181,733 at 4% or $121,156 at 6%; with 100% employer match about $136,300 at 4% or $90,867 at 6%.
Tower Financial 401K Profit Sharing Plan-8$72,928$11,745$1,468iApproximate average salary by contribution assumption: employee only about $36,703 at 4% or $24,469 at 6%; with 50% employer match about $24,469 at 4% or $16,313 at 6%; with 100% employer match about $18,352 at 4% or $12,234 at 6%.
200114$0$0-
Tower Financial 401K Profit Sharing Plan-4---
200015$51,782$16,340$3,268iApproximate average salary by contribution assumption: employee only about $81,700 at 4% or $54,467 at 6%; with 50% employer match about $54,467 at 4% or $36,311 at 6%; with 100% employer match about $40,850 at 4% or $27,233 at 6%.
Tower Financial 401K Profit Sharing Plan-5$51,782$16,340$3,268iApproximate average salary by contribution assumption: employee only about $81,700 at 4% or $54,467 at 6%; with 50% employer match about $54,467 at 4% or $36,311 at 6%; with 100% employer match about $40,850 at 4% or $27,233 at 6%.