Profit Sharing · DOL Form 5500 · 2023

Tower Systems, Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
39
Participants Small participant base
41st
Percentile by assets National rank
$109,408
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, 39 participants

Tower Systems, Inc.'s Tower Systems, Inc. Profit Sharing Plan reported $4M in total assets and 39 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #3,539 in Construction (9,030 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 / 39 participants.

#3,539
in Construction (9,030 peers)
+1.3%
assets growth YoY

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 2023 · DOL Form 5500

$4,266,913 41st percentile higher than 41% of 127,068 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 2023

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

Plan-year 2023 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 (39 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tower Systems, Inc. Profit Sharing Plan reported net income rose from -$365K in the plan year 2022 filing to $56K in the plan year 2023 filing.
  • Tower Systems, Inc. Profit Sharing Plan reported participants fell from 42 in the plan year 2022 filing to 39 in the plan year 2023 filing.
  • Tower Systems, Inc. Profit Sharing Plan end-of-year assets rose from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 411245573 · Tower Systems, Inc. PY 2023 · Profit Sharing

Tower Systems, Inc. Profit Sharing Plan · $4M · 39 · 41st

  • EIN $4M
  • EIN 39
  • EIN 41st
  • EIN Profit Sharing
  • EIN near Noble Research Institute, LLC Defined Contribution Plan
  • EIN ind #3539

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…$4MMaxi-Blast of Florida, Inc. Profit Sharing PlanMaxi-Blast of Florida, Inc. …$4MDavid Lebenbom, P.C., Standard Prototype Profit Sharing Plan&trustDavid Lebenbom, P.C., Standa…$4MNoble Research Institute, LLC Defined Contribution PlanNoble Research Institute, LL…$4MAppalachian Agency for Senior Citizens, Inc. 403(b) PlanAppalachian Agency for Senio…$4M
End-of-year total assets ($M) among Tower Systems, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

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 (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$56K
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. -1000100200300400 0510152025 Total assets ($M) Participants Tower Systems, Inc. Profit Sharing Plan, Total assets ($M): 4.266913 · Participants: 39Tower Systems, Inc. Profit Sharing PlanValley Queen Company Stock Profit Sharing Plan and Trust, Total assets ($M): 21.306631 · Participants: 329Valley Queen Company Stock Profit Sharing Plan and TrustGpac, LLC 401(k) Plan, Total assets ($M): 18.40447 · Participants: 313Gpac, LLC 401(k) PlanHuron Area Center for Independence 403(b) Plan, Total assets ($M): 14.362649 · Participants: 216Huron Area Center for Independence 403(b) PlanFarmers State Bank of Parkston Profit-Sharing Plan, Total assets ($M): 9.598778 · Participants: 34Farmers State Bank of Parkston Profit-Sharing PlanShk Holdings Inc. Retirement Plan, Total assets ($M): 2.500763 · Participants: 13Shk Holdings Inc. Retirement 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 Noble Research Institute, LLC Defined Contribution Plan in OK ($4M); by covered participants it is Ajd Ventures Inc. Retirement Plan in MA (39 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (39 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Tower Systems, Inc. Profit Sharing Plan edged up modestly - up 1.3% during 2023, from $4M to $4M. Reported net income was $56K.
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 Noble Research Institute, LLC Defined Contribution Plan in OK ($4M, 197 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 Ajd Ventures Inc. Retirement Plan in MA (39 participants, $470K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.