401(k) · DOL Form 5500 · 2024

Tower Loan of Mississippi, LLC 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
537
Participants Below avg headcount
86th
Percentile by assets National rank
$111,413
Avg per participant Below 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

$60M in assets, 537 participants

Tower Loan of Mississippi, LLC's Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan reported $60M in total assets and 537 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #6,704 in Finance & Insurance (8,549 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, $60M for 537 participants (~$111,413/participant), up 1.1% in 2024.

#6,704
in Finance & Insurance (8,549 peers)
+1.1%
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 2024 · DOL Form 5500

$59,828,650 Top 14% higher than 86% 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 Loan of Mississippi, LLC 401(k) and Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 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 (537 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $713K in the plan year 2024 filing.
  • Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan reported participants rose from 501 in the plan year 2023 filing to 537 in the plan year 2024 filing.
  • Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan end-of-year assets rose from $59M in the plan year 2023 filing to $60M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 455079659 · Tower Loan of Mississippi, LLC PY 2024 · 401(k)

Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan · $60M · 537 · 86th

  • PART $60M
  • TYPE 537
  • NET 86th
  • BOOK 401(k)
  • VS-ST near The Larson Group 401(k) Plan
  • BOY ind #6704

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

Tower Loan of Mississippi, LLC 401(k) and Profit Sharing PlanTower Loan of Mississippi, L…$60MThe Larson Group 401(k) Plan$60MAptos 401(k) Savings Plan$60MRedington-Fairview General Hospital 403(b) PlanRedington-Fairview General H…$60MPrein&newhof, Inc. Employee Stock Ownership Plan and TrustPrein&newhof, Inc. Employee …$60M
End-of-year total assets ($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 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$60M
Net Income$713K
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): 59.82865 · Participants: 537Tower Loan of Mississippi, LLC 401(k) and Profit Sharing PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 817.14825 · Participants: 6117Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 770.769507 · Participants: 3508Ergon 401(k) PlanV2x 401(k) Retirement Plan, Total assets ($M): 644.420569 · Participants: 6644V2x 401(k) Retirement PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 607.648166 · Participants: 3561Hancock Whitney Corporation 401(k) Savings PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 528.338892 · Participants: 2689Southern 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 The Larson Group 401(k) Plan in MO ($60M); by covered participants it is Dowl LLC Retirement Savings and Investment Plan in AK (537 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60M here).

Similar participant headcount

Nearest other-state filings by covered participants (537 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 Loan of Mississippi, LLC 401(k) and Profit Sharing Plan assets move in 2024? ▼
Tower Loan of Mississippi, LLC 401(k) and Profit Sharing Plan edged up modestly - up 1.1% during 2024, from $59M to $60M. Reported net income was $713K.
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 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 The Larson Group 401(k) Plan in MO ($60M, 1,417 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 Dowl LLC Retirement Savings and Investment Plan in AK (537 participants, $134M 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 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.