Profit Sharing · DOL Form 5500 · 2024

Tower Systems, Inc. Profit Sharing Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
33
Participants Small participant base
41st
Percentile by assets National rank
$142,867
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tower Systems, Inc. Profit Sharing Plan · Sponsored by Tower Systems, Inc. · South Dakota · Construction

$5M in assets, 33 participants

Tower Systems, Inc.'s Tower Systems, Inc. Profit Sharing Plan reported $5M in total assets and 33 participants in its 2024 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.

  • #3,556 in Construction (9,039 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 $5M / 33 participants.

#3,556
in Construction (9,039 peers)
+10.5%
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 2024 · DOL Form 5500

$4,714,612 41st percentile higher than 41% of 123,620 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 2024

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

Plan-year 2024 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 (33 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tower Systems, Inc. Profit Sharing Plan reported net income rose from $56K in the plan year 2023 filing to $448K in the plan year 2024 filing.
  • Tower Systems, Inc. Profit Sharing Plan reported participants fell from 39 in the plan year 2023 filing to 33 in the plan year 2024 filing.
  • Tower Systems, Inc. Profit Sharing Plan end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 411245573 · Tower Systems, Inc. PY 2024 · Profit Sharing

Tower Systems, Inc. Profit Sharing Plan · $5M · 33 · 41st

  • RANK $5M
  • PHOTO 33
  • IND 41st
  • EOY Profit Sharing
  • 5500 near Anderson and Carr, Inc. Profit Sharing Plan
  • ASSETS ind #3556

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

Anderson and Carr, Inc. Profit Sharing PlanAnderson and Carr, Inc. Prof…$5MJmh Profit Sharing Plan$5MAllied Community Services, Inc. 403(b) PlanAllied Community Services, I…$5MTower Systems, Inc. Profit Sharing PlanTower Systems, Inc. Profit S…$5MBiosynth International 401(k) PlanBiosynth International 401(k…$5M
End-of-year total assets ($M) among Tower Systems, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

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 (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$448K
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): 4.714612 · Participants: 33Tower Systems, Inc. Profit Sharing PlanValley Queen Company Stock Profit Sharing Plan and Trust, Total assets ($M): 22.9705 · Participants: 372Valley Queen Company Stock Profit Sharing Plan and TrustGpac, LLC 401(k) Plan, Total assets ($M): 22.271465 · Participants: 376Gpac, LLC 401(k) PlanHuron Area Center for Independence 403(b) Plan, Total assets ($M): 16.189152 · Participants: 222Huron Area Center for Independence 403(b) PlanFarmers State Bank of Parkston Profit-Sharing Plan, Total assets ($M): 10.754773 · Participants: 32Farmers State Bank of Parkston Profit-Sharing PlanShk Holdings Inc. Retirement Plan, Total assets ($M): 2.500795 · Participants: 16Shk 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 Anderson and Carr, Inc. Profit Sharing Plan in FL ($5M); by covered participants it is Filmtronics Employee Retirement Plan in PA (33 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (33 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Tower Systems, Inc. Profit Sharing Plan grew at a solid clip - up 10.5% during 2024, from $4M to $5M. Reported net income was $448K.
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 Anderson and Carr, Inc. Profit Sharing Plan in FL ($5M, 5 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 Filmtronics Employee Retirement Plan in PA (33 participants, $11M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.