Profit Sharing · DOL Form 5500 · 2023

Tower Loan of Mississippi, LLC Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
204
Participants Below avg headcount
34th
Percentile by assets National rank
$12,769
Avg per participant Low balance/head
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Official DOL plan name: Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers · Sponsored by Tower Loan of Mississippi, LLC · Mississippi · Finance & Insurance

$3M in assets, 204 participants

Tower Loan of Mississippi, LLC's Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers reported $3M in total assets and 204 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

  • #2,072 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers holds $3M for 204 participants - about $12,769 per participant, in the lower half of filed plans by assets.

#2,072
in Finance & Insurance (8,869 peers)
-1.2%
assets change YoY

The plan reported a net loss of $33K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers's mid-pack asset rank among Finance & Insurance and all filers

Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers vs every filed plan by assets

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

$2,604,967 34th percentile higher than 34% 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 Profit Sharing Plan for Managers 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 Profit Sharing Plan for Managers sits mid-pack in the medium band (204 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers reported net income rose from -$872K in the plan year 2022 filing to -$33K in the plan year 2023 filing.
  • Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers reported participants fell from 297 in the plan year 2022 filing to 204 in the plan year 2023 filing.
  • Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers end-of-year assets fell from $3M in the plan year 2022 filing to $3M 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 · Profit Sharing

Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers · $3M · 204 · 34th

  • IND $3M
  • IND 204
  • IND 34th
  • IND Profit Sharing
  • IND near C/S Erectors, Inc. Profit Sharing Plan
  • IND ind #2072

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 Profit Sharing Plan for Managers in the asset neighbourhood

George R. Zehak Dds PC Employees Profit Sharing PlanGeorge R. Zehak Dds PC Emplo…$3MThe Mru Invest in Your Future PlanThe Mru Invest in Your Futur…$3MPueblo Inc. Retirement Plan$3MTower Loan of Mississippi, LLC Profit Sharing Plan for ManagersTower Loan of Mississippi, L…$3MC/S Erectors, Inc. Profit Sharing PlanC/S Erectors, Inc. Profit Sh…$3M
End-of-year total assets ($M) among Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$33K
Employer EIN455079659
Plan Effective Date2015-01-01
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 Profit Sharing Plans in Mississippi

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers vs. nearby Profit Sharing plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -1000100200300400 Total assets ($M) Participants Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers, Total assets ($M): 2.604967 · Participants: 204Tower Loan of Mississippi, LLC Profit Sharing Plan for ManagersNorth Mississippi Health Services Employer Savings Plan, Total assets ($M): 334.531613 · Participants: 7302North Mississippi Health Services Employer Savings PlanAnderson Regional Medical Center Retirement Savings Plan, Total assets ($M): 32.356191 · Participants: 1515Anderson Regional Medical Center Retirement Savings PlanBelhaven University 403(b) Plan, Total assets ($M): 27.510915 · Participants: 332Belhaven University 403(b) PlanInstitute of Community Services, Inc. Retirement Plan, Total assets ($M): 20.038729 · Participants: 783Institute of Community Services, Inc. Retirement PlanRadiology Associates of Oxford, P.a. Retirement Plan, Total assets ($M): 15.475196 · Participants: 6Radiology Associates of Oxford, P.a. Retirement Plan
Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers vs. nearby Profit Sharing plans in Mississippi, assets vs. participants

Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers's out-of-state Profit Sharing peers by assets and headcount

Outside Mississippi, the nearest Profit Sharing by assets is C/S Erectors, Inc. Profit Sharing Plan in CA ($3M); by covered participants it is IBEW Local Union No 237 Annuity Fund in NY (204 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (204 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 Profit Sharing Plan for Managers assets move in 2023?
Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers edged down modestly - down 1.2% during 2023, from $3M to $3M. Reported net income was -$33K.
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.
Which Profit Sharing plans are similar in size to Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers?
Among Profit Sharing plans in other states, the closest by assets is C/S Erectors, Inc. Profit Sharing Plan in CA ($3M, 16 participants).
Which Profit Sharing plans cover a similar participant headcount to Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers?
Among Profit Sharing plans in other states, the closest by covered participants is IBEW Local Union No 237 Annuity Fund in NY (204 participants, $20M in assets).