Profit Sharing · DOL Form 5500 · 2022
Tower Systems, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $4M
- Total assets
- 42
- Participants
- 47th
- Percentile by assets
- $100,257
- Avg per participant
Official DOL plan name: Tower Systems, Inc. Profit Sharing Plan · Sponsored by Tower Systems, Inc. · South Dakota · Construction
$4M in assets, 42 participants
Tower Systems, Inc.'s Tower Systems, Inc. Profit Sharing Plan reported $4M in total assets and 42 participants in its 2022 DOL Form 5500 filing, ranking in the 47th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 47th percentile by assets (of 139,126 plans)
- #4,565 in Construction (9,927 peers)
Tower Systems, Inc. multi-year trail
Tower Systems, Inc.'s plans moved +12.0% in assets from 2022 to 2024; this filing shows Tower Systems, Inc. Profit Sharing Plan at $4M / 42 participants.
- $4M
- total plan assets (2022 EOY)
- 42
- covered participants
- 47th
- percentile by assets (of 139,126 plans)
- $100,257
- avg assets per participant
The plan reported a net loss of $365K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Tower Systems, Inc. across 3 plan years on file
Across the 3 plan years Tower Systems, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $4M to $5M, a gain of 12.0%, while reported participants moved from 42 to 33 (-21.4%). Peak year by sponsor assets: 2024 ($5M); trough: 2022 ($4M).
Tower Systems, Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 42 | $4M |
| 2023 | 1 | 39 | $4M |
| 2024 | 1 | 33 | $5M |
Tower Systems, Inc. filing trail (2022)
| Total Assets (Beginning of Year) | $5M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | -$365K |
| Employer EIN | 411245573 |
| Plan Effective Date | 1979-11-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in South Dakota
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Tower Systems, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in South Dakota, assets vs. participants
- American Bank & Trust 401(k) Profit Sharing Plan $21M · 167
- Valley Queen Company Stock Profit Sharing Plan and Trust $18M · 312
- Gpac, LLC 401(k) Plan $13M · 200
- Huron Area Center for Independence 403(b) Plan $12M · 215
- Farmers State Bank of Parkston Profit-Sharing Plan $9M · 32
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Tower Systems, Inc. Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
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Next read for Tower Systems, Inc. Profit Sharing Plan
Multi-year trail
Ways to act on Tower Systems, Inc. Profit Sharing Plan's numbers.
- By total assets, Tower Systems, Inc. Profit Sharing Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in South Dakota. Compare plans
- Tower Systems, Inc.'s sponsor-wide assets have grown 12.0% since 2022 across 3 plan years on file. More Construction plans