Tower Research Capital 401(k) match, vesting and fees
What Tower Research Capital's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 655 defined-contribution plans in finance and insurance with 500 to 999 participants.
| Tower Research Capital: employer contribution per participant | $4,444 | |
| Peer median | $2,935 |
| Tower Research Capital: average balance | $226,249 | |
| Peer median | $92,770 |
| Tower Research Capital: admin expenses ÷ assets | <0.01% | |
| Peer median | 0.15% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $117M at the end of plan year 2021 to $167M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 825 | $167M | $3.3M | $4,444 | <0.01% | Not published | Form 5500 ↗ |
| 2023 | 769 | $136M | $3.2M | $4,400 | 0.04% | Not published | Form 5500 ↗ |
| 2022 | 751 | $106M | $2.9M | $4,133 | 0.02% | Not published | Form 5500 ↗ |
| 2021 | 715 | $117M | $2.5M | $3,790 | <0.01% | Not published | Form 5500 ↗ |
Common questions
Does Tower Research Capital match 401(k) contributions?
The match terms for the Tower Research Capital Group 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $3.3M in employer contributions, about $4,444 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Tower Research Capital 401(k) match vested?
The vesting schedule for the Tower Research Capital Group 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Tower Research Capital 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is ADP, Inc.. The plan administrator is Tower Research Capital, LLC.
I left Tower Research Capital. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Tower Research Capital, LLC, (646) 661-3473) or the recordkeeper, ADP, Inc.. The Tower Research Capital old 401(k) page lists the contacts from every plan filing. Find an old Tower Research Capital 401(k)
Data from the public Form 5500 annual reports Tower Research Capital filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Tower Research Capital. Not financial advice. Report a correction · Methodology