401(k) · DOL Form 5500 · 2023

Tower Loan of Mississippi, LLC 401(k) Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
501
Participants Below avg headcount
87th
Percentile by assets National rank
$118,135
Avg per participant Near avg balance/head
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Official DOL plan name: Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan · Sponsored by Tower Loan of Mississippi, LLC · Mississippi · Finance & Insurance

$59M in assets, 501 participants

Tower Loan of Mississippi, LLC's Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan reported $59M in total assets and 501 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,118 in Finance & Insurance (8,869 peers)

Where Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan sits by assets

Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan sits in the top quartile of all filed plans by assets, $59M for 501 participants (~$118,135/participant), up 5.6% in 2023.

#7,118
in Finance & Insurance (8,869 peers)
+5.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan's outsized position by total assets

Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$59,185,705 Top 13% higher than 87% 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 Loan of Mississippi, LLC 401(k) and Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan sits mid-pack in the medium band (501 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan reported net income rose from -$7M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan end-of-year assets rose from $56M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan reported participants rose from 484 in the plan year 2022 filing to 501 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 455079659 · Tower Loan of Mississippi, LLC PY 2023 · 401(k)

Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan · $59M · 501 · 87th

  • 5500 $59M
  • 5500 501
  • 5500 87th
  • 5500 401(k)
  • 5500 near Wright Beverage Distributing 401(k) Plan Trust
  • 5500 ind #7118

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 Finance & Insurance retirement plans → · Plans in Mississippi →

Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan in the asset neighbourhood

Parkland USA 401(k) Plan$59MTower Loan of Mississippi, LLC 401(k) and Profit Sharing PlanTower Loan of Mississippi, L…$59MWright Beverage Distributing 401(k) Plan TrustWright Beverage Distributing…$59MAviation Capital Group 401(k) PlanAviation Capital Group 401(k…$59MQuantic 401(k) Retirement Savings PlanQuantic 401(k) Retirement Sa…$59M
End-of-year total assets ($M) among Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$59M
Net Income$3M
Employer EIN455079659
Plan Effective Date1973-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tower Loan of Mississippi, LLC)

Sponsor-wide plan assets over time

All Tower Loan of Mississippi, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$62M 6.412494163921751% vs 2022
2024 filing year
$58M$60M$62M$64M 202220232024 $58.7M $62.5M ▲ +6.4%
Year Plans Participants Total Assets
2022 2 781 $59M
2023 2 705 $62M
2024 2 830 $62M

Nearby 401(k) Plans in Mississippi

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 02000400060008000 02004006008001000 Total assets ($M) Participants Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan, Total assets ($M): 59.185705 · Participants: 501Tower Loan of Mississippi, LLC 401(k) and Profit Sharing PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 797.339076 · Participants: 6578Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 651.370894 · Participants: 3214Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 542.54732 · Participants: 3545Hancock Whitney Corporation 401(k) Savings PlanV2x 401(k) Retirement Plan, Total assets ($M): 538.489023 · Participants: 6807V2x 401(k) Retirement PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 476.889063 · Participants: 2657Southern Farm Bureau and Adopting Companies 401(k) Plan
Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan side-by-side with 3 peers →

Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is Wright Beverage Distributing 401(k) Plan Trust in NY ($59M); by covered participants it is Burton 401(k) Incentive Savings Plan in VT (501 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($59M here).

Similar participant headcount

Nearest other-state filings by covered participants (501 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 Loan of Mississippi, LLC 401(k) and Profit Sharing Plan assets move in 2023? ▼
Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan grew at a solid clip - up 5.6% during 2023, from $56M to $59M. Reported net income was $3M.
How have Tower Loan of Mississippi, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tower Loan of Mississippi, LLC's sponsor-wide assets grew 6.4%, from $59M to $62M.
Where does Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wright Beverage Distributing 401(k) Plan Trust in NY ($59M, 612 participants).
Which 401(k) plans cover a similar participant headcount to Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Burton 401(k) Incentive Savings Plan in VT (501 participants, $77M 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 455079659.

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.