Civic Intelligence

TOWER FINANCIAL CORP

Plan context: Tower Financial 401(K) Plan

EIN 35-2111180 • 15 filings • 4 plans

Current Snapshot

Latest Year

2015

2015 Participants

147

2015 Assets

$5,651,242

2015 Contributions

$776,577

Historical Graphs

Total Assets Over Time

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

$7,471,089$3,735,545$0200120072014YearValue
$5,651,242Latest year 2014

Participants Over Time

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

184920200120072013YearValue
147Latest year 2013

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
201510$0$0-
Tower Financial 401(K) Plan-0---
201410$5,651,242$776,577-
Tower Financial 401(K) Plan-0$5,651,242$776,577-
20131147$7,471,089$747,809$5,087iApproximate average salary by contribution assumption: employee only about $127,178 at 4% or $84,786 at 6%; with 50% employer match about $84,786 at 4% or $56,524 at 6%; with 100% employer match about $63,589 at 4% or $42,393 at 6%.
Tower Financial 401(K) Plan-147$7,471,089$747,809$5,087iApproximate average salary by contribution assumption: employee only about $127,178 at 4% or $84,786 at 6%; with 50% employer match about $84,786 at 4% or $56,524 at 6%; with 100% employer match about $63,589 at 4% or $42,393 at 6%.
20121152$4,635,977$598,493$3,937iApproximate average salary by contribution assumption: employee only about $98,436 at 4% or $65,624 at 6%; with 50% employer match about $65,624 at 4% or $43,749 at 6%; with 100% employer match about $49,218 at 4% or $32,812 at 6%.
Tower Financial 401(K) Plan-152$4,635,977$598,493$3,937iApproximate average salary by contribution assumption: employee only about $98,436 at 4% or $65,624 at 6%; with 50% employer match about $65,624 at 4% or $43,749 at 6%; with 100% employer match about $49,218 at 4% or $32,812 at 6%.
20111150$3,548,089$515,801$3,439iApproximate average salary by contribution assumption: employee only about $85,967 at 4% or $57,311 at 6%; with 50% employer match about $57,311 at 4% or $38,207 at 6%; with 100% employer match about $42,983 at 4% or $28,656 at 6%.
Tower Financial 401(K) Plan-150$3,548,089$515,801$3,439iApproximate average salary by contribution assumption: employee only about $85,967 at 4% or $57,311 at 6%; with 50% employer match about $57,311 at 4% or $38,207 at 6%; with 100% employer match about $42,983 at 4% or $28,656 at 6%.
20092147$3,229,104$509,397$3,465iApproximate average salary by contribution assumption: employee only about $86,632 at 4% or $57,755 at 6%; with 50% employer match about $57,755 at 4% or $38,503 at 6%; with 100% employer match about $43,316 at 4% or $28,877 at 6%.
Tower Financial 401(K) Plan-147$3,229,104$509,397$3,465iApproximate average salary by contribution assumption: employee only about $86,632 at 4% or $57,755 at 6%; with 50% employer match about $57,755 at 4% or $38,503 at 6%; with 100% employer match about $43,316 at 4% or $28,877 at 6%.
Tower Financial 401(K) Plan-----
20081177$2,380,997$785,781$4,439iApproximate average salary by contribution assumption: employee only about $110,986 at 4% or $73,991 at 6%; with 50% employer match about $73,991 at 4% or $49,327 at 6%; with 100% employer match about $55,493 at 4% or $36,995 at 6%.
Tower Financial 401(K) Plan-177$2,380,997$785,781$4,439iApproximate average salary by contribution assumption: employee only about $110,986 at 4% or $73,991 at 6%; with 50% employer match about $73,991 at 4% or $49,327 at 6%; with 100% employer match about $55,493 at 4% or $36,995 at 6%.
20071184$3,070,132$811,333$4,409iApproximate average salary by contribution assumption: employee only about $110,235 at 4% or $73,490 at 6%; with 50% employer match about $73,490 at 4% or $48,994 at 6%; with 100% employer match about $55,118 at 4% or $36,745 at 6%.
Tower Financial 401(K) Plan-184$3,070,132$811,333$4,409iApproximate average salary by contribution assumption: employee only about $110,235 at 4% or $73,490 at 6%; with 50% employer match about $73,490 at 4% or $48,994 at 6%; with 100% employer match about $55,118 at 4% or $36,745 at 6%.
20061164$3,202,380$709,371$4,325iApproximate average salary by contribution assumption: employee only about $108,136 at 4% or $72,091 at 6%; with 50% employer match about $72,091 at 4% or $48,060 at 6%; with 100% employer match about $54,068 at 4% or $36,045 at 6%.
Tower Financial 401(K) Plan-164$3,202,380$709,371$4,325iApproximate average salary by contribution assumption: employee only about $108,136 at 4% or $72,091 at 6%; with 50% employer match about $72,091 at 4% or $48,060 at 6%; with 100% employer match about $54,068 at 4% or $36,045 at 6%.
20051154$2,439,801$566,673$3,680iApproximate average salary by contribution assumption: employee only about $91,992 at 4% or $61,328 at 6%; with 50% employer match about $61,328 at 4% or $40,885 at 6%; with 100% employer match about $45,996 at 4% or $30,664 at 6%.
Tower Financial 401(K) Plan-154$2,439,801$566,673$3,680iApproximate average salary by contribution assumption: employee only about $91,992 at 4% or $61,328 at 6%; with 50% employer match about $61,328 at 4% or $40,885 at 6%; with 100% employer match about $45,996 at 4% or $30,664 at 6%.
20041108$1,811,387$468,025$4,334iApproximate average salary by contribution assumption: employee only about $108,339 at 4% or $72,226 at 6%; with 50% employer match about $72,226 at 4% or $48,151 at 6%; with 100% employer match about $54,170 at 4% or $36,113 at 6%.
Tower Financial 401(K) Plan-108$1,811,387$468,025$4,334iApproximate average salary by contribution assumption: employee only about $108,339 at 4% or $72,226 at 6%; with 50% employer match about $72,226 at 4% or $48,151 at 6%; with 100% employer match about $54,170 at 4% or $36,113 at 6%.
20031101$1,306,968$409,316$4,053iApproximate average salary by contribution assumption: employee only about $101,316 at 4% or $67,544 at 6%; with 50% employer match about $67,544 at 4% or $45,029 at 6%; with 100% employer match about $50,658 at 4% or $33,772 at 6%.
Tower Financial 401(K) Plan-101$1,306,968$409,316$4,053iApproximate average salary by contribution assumption: employee only about $101,316 at 4% or $67,544 at 6%; with 50% employer match about $67,544 at 4% or $45,029 at 6%; with 100% employer match about $50,658 at 4% or $33,772 at 6%.
2002187$756,358$306,351$3,521iApproximate average salary by contribution assumption: employee only about $88,032 at 4% or $58,688 at 6%; with 50% employer match about $58,688 at 4% or $39,125 at 6%; with 100% employer match about $44,016 at 4% or $29,344 at 6%.
Tower Financial 401(K) Plan-87$756,358$306,351$3,521iApproximate average salary by contribution assumption: employee only about $88,032 at 4% or $58,688 at 6%; with 50% employer match about $58,688 at 4% or $39,125 at 6%; with 100% employer match about $44,016 at 4% or $29,344 at 6%.
2001161$619,164$230,444$3,778iApproximate average salary by contribution assumption: employee only about $94,444 at 4% or $62,963 at 6%; with 50% employer match about $62,963 at 4% or $41,975 at 6%; with 100% employer match about $47,222 at 4% or $31,481 at 6%.
Tower Financial 401(K) Plan-61$619,164$230,444$3,778iApproximate average salary by contribution assumption: employee only about $94,444 at 4% or $62,963 at 6%; with 50% employer match about $62,963 at 4% or $41,975 at 6%; with 100% employer match about $47,222 at 4% or $31,481 at 6%.