Profit Sharing · DOL Form 5500 · 2022

Tower Systems, Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
42
Participants Small participant base
47th
Percentile by assets National rank
$100,257
Avg per participant Below avg balance/head
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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.

  • #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.

#4,565
in Construction (9,927 peers)
-8.0%
assets change YoY

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. Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Tower Systems, Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,210,811 47th percentile higher than 47% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Tower Systems, Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tower Systems, Inc. Profit Sharing Plan is a small filing (42 participants) on this national headcount ladder.

DOL schedule card

Filing strip 411245573 · Tower Systems, Inc. PY 2022 · Profit Sharing

Tower Systems, Inc. Profit Sharing Plan · $4M · 42 · 47th

  • SCH $4M
  • EBSA 42
  • PART 47th
  • TYPE Profit Sharing
  • NET near Builders Insulation Holdings, Inc. Profit Sharing Plan
  • BOOK ind #4565

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in South Dakota →

Tower Systems, Inc. Profit Sharing Plan in the asset neighbourhood

Tower Systems, Inc. Profit Sharing PlanTower Systems, Inc. Profit S…$4MBuilders Insulation Holdings, Inc. Profit Sharing PlanBuilders Insulation Holdings…$4MStephen Ciari Plumbing & Heating Profit Sharing PlanStephen Ciari Plumbing & Hea…$4MWintek Industrial Systems, Inc. Retirement PlanWintek Industrial Systems, I…$4MPocrass & De Los Reyes, LLP Profit Sharing PlanPocrass & De Los Reyes, LLP …$4M
End-of-year total assets ($M) among Tower Systems, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Tower Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Tower Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 11.964464802623533% vs 2022
2024 filing year
$4M$4.2M$4.4M$4.6M$4.8M 202220232024 $4.21M $4.71M ▲ +11.9%
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 EIN411245573
Plan Effective Date1979-11-01
Filing StatusFILING 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 Scatter plot of 6 data points. 0100200300400 0510152025 Total assets ($M) Participants Tower Systems, Inc. Profit Sharing Plan, Total assets ($M): 4.210811 · Participants: 42Tower Systems, Inc. Profit Sharing PlanAmerican Bank & Trust 401(k) Profit Sharing Plan, Total assets ($M): 21.480687 · Participants: 167American Bank & Trust 401(k) Profit Sharing PlanValley Queen Company Stock Profit Sharing Plan and Trust, Total assets ($M): 18.046893 · Participants: 312Valley Queen Company Stock Profit Sharing Plan and TrustGpac, LLC 401(k) Plan, Total assets ($M): 12.828437 · Participants: 200Gpac, LLC 401(k) PlanHuron Area Center for Independence 403(b) Plan, Total assets ($M): 11.704376 · Participants: 215Huron Area Center for Independence 403(b) PlanFarmers State Bank of Parkston Profit-Sharing Plan, Total assets ($M): 8.520439 · Participants: 32Farmers State Bank of Parkston Profit-Sharing Plan
Tower Systems, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in South Dakota, assets vs. participants
Compare Tower Systems, Inc. Profit Sharing Plan side-by-side with 3 peers →

Tower Systems, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside South Dakota, the nearest Profit Sharing by assets is Builders Insulation Holdings, Inc. Profit Sharing Plan in WI ($4M); by covered participants it is Columbus Builders Supply Inc Profit Sharing Plan in OH (42 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (42 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tower Systems, Inc. Profit Sharing Plan assets move in 2022? ▼
Tower Systems, Inc. Profit Sharing Plan pulled back noticeably - down 8.0% during 2022, from $5M to $4M. Reported net income was -$365K.
How have Tower Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Systems, Inc.'s sponsor-wide assets grew 12.0%, from $4M to $5M.
Which Profit Sharing plans are similar in size to Tower Systems, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Builders Insulation Holdings, Inc. Profit Sharing Plan in WI ($4M, 369 participants).
Which Profit Sharing plans cover a similar participant headcount to Tower Systems, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Columbus Builders Supply Inc Profit Sharing Plan in OH (42 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411245573.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.