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401k Sponsoring company profile

TOWER FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name:TOWER FEDERAL CREDIT UNION
Employer identification number (EIN):530214895
NAIC Classification:522130
NAIC Description:Credit Unions

Additional information about TOWER FEDERAL CREDIT UNION

Jurisdiction of Incorporation:
Incorporation Date:
Company Identification Number:

More information about TOWER FEDERAL CREDIT UNION

The following addresses have been detected on the 401k submissions:

USA Mailing Address
7901 SANDY SPRING ROAD
LAUREL
MD
20707
Date first seen: 2007-01-01
Date last seen: 2023-12-31
USA Mailing Address
7901 SANDY SPRING RD
LAUREL
MD
207073589
Date first seen: 2011-01-24
Date last seen: 2018-04-09
USA Location Address
7901 SANDY SPRING ROAD
LAUREL
MD
20707
Date first seen: 2007-01-01
Date last seen: 2023-12-31

Sponsoring Company Events

DateDescription
2021-07-12530214895 Change of name detected from TOWER FEDERAL CREDIT UNION AND SUBSIDIARIES to TOWER FEDERAL CREDIT UNION

TOWER FEDERAL CREDIT UNION 401k Plans

Plan id# Plan Name Plan Start Date Plan Effective Date
001TOWER FEDERAL CREDIT UNION RETIREMENT PLAN2015-07-01 1964-07-01
002TOWER FEDERAL CREDIT UNION SAVINGS PLAN2015-01-01 1985-01-01

401k Contributions

Contributions made to the plan for the plan year by employer(s) and employees. Schedule SB Part 4 Question 18. This is signed by an actuary:

DateType of contributionContribution Number of participants/employees Average contribution per participant
2022-12-29Employer Contributions $ 3,000,000 556 $ 5,396
2022-12-29Employee Contributions $ 3,000,000 556 $ 5,396
2017-12-22Employer Contributions $ 2,500,000 514 $ 4,864
2017-12-22Employee Contributions $ 2,500,000 514 $ 4,864
2016-12-28Employer Contributions $ 3,500,000 507 $ 6,903
2016-12-28Employee Contributions $ 3,500,000 507 $ 6,903
2015-12-31Employer Contributions $ 2,500,000 386 $ 6,477
2015-12-31Employee Contributions $ 2,500,000 386 $ 6,477
2014-12-30Employer Contributions $ 2,500,000 466 $ 5,365
2014-12-30Employee Contributions $ 2,500,000 466 $ 5,365
2013-12-23Employer Contributions $ 2,500,000 396 $ 6,313
2013-12-23Employee Contributions $ 2,500,000 396 $ 6,313
2012-12-31Employer Contributions $ 3,000,000 399 $ 7,519
2012-12-31Employee Contributions $ 3,000,000 399 $ 7,519
2011-12-30Employer Contributions $ 2,000,000 466 $ 4,292
2011-12-30Employee Contributions $ 2,000,000 466 $ 4,292
2010-12-31Employer Contributions $ 2,000,000 401 $ 4,988
2010-12-31Employee Contributions $ 2,000,000 401 $ 4,988
2009-12-31Employer Contributions $ 3,000,000 471 $ 6,369
2009-12-31Employee Contributions $ 3,000,000 471 $ 6,369

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