Profit Sharing · DOL Form 5500 · 2024

Tower Loan of Mississippi, LLC Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
293
Participants Below avg headcount
32nd
Percentile by assets National rank
$8,962
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, 293 participants

Tower Loan of Mississippi, LLC's Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers reported $3M in total assets and 293 participants in its 2024 DOL Form 5500 filing, ranking in the 32nd 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.

  • #1,793 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers holds $3M for 293 participants - about $8,962 per participant, in the lower half of filed plans by assets.

#1,793
in Finance & Insurance (8,549 peers)
+0.8%
assets growth YoY

Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers among the smaller filed plans by assets

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,625,858 32nd percentile higher than 32% 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 Profit Sharing Plan for Managers 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 Profit Sharing Plan for Managers sits mid-pack in the medium band (293 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers reported net income rose from -$33K in the plan year 2023 filing to $21K in the plan year 2024 filing.
  • Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers reported participants rose from 204 in the plan year 2023 filing to 293 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 455079659 · Tower Loan of Mississippi, LLC PY 2024 · Profit Sharing

Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers · $3M · 293 · 32nd

  • BOOK $3M
  • BOOK 293
  • BOOK 32nd
  • BOOK Profit Sharing
  • BOOK near State Financial Corp Profit Sharing Plan
  • BOOK ind #1793

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

Tower Loan of Mississippi, LLC Profit Sharing Plan for ManagersTower Loan of Mississippi, L…$3MState Financial Corp Profit Sharing PlanState Financial Corp Profit …$3MTra 86 Restated Profit Sharing Plan and Trust of Guenther Building CoTra 86 Restated Profit Shari…$3MJensen & Pilegard Profit Sharing PlanJensen & Pilegard Profit Sha…$3MJerry D. Hunsaker, M.D. Profit Sharing PlanJerry D. Hunsaker, M.D. Prof…$3M
End-of-year total assets ($M) among Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$21K
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): 2.625858 · Participants: 293Tower Loan of Mississippi, LLC Profit Sharing Plan for ManagersNorth Mississippi Health Services, Inc. Employer Savings Plan, Total assets ($M): 361.804686 · Participants: 7188North Mississippi Health Services, Inc. Employer Savings PlanAnderson Regional Medical Center Retirement Savings Plan, Total assets ($M): 33.75209 · Participants: 1645Anderson Regional Medical Center Retirement Savings PlanBelhaven University 403(b) Plan, Total assets ($M): 30.122515 · Participants: 351Belhaven University 403(b) PlanInstitute of Community Services, Inc. Retirement Plan, Total assets ($M): 21.838964 · Participants: 765Institute of Community Services, Inc. Retirement PlanRadiology Associates of Oxford, P.a. Retirement Plan, Total assets ($M): 17.754807 · 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 State Financial Corp Profit Sharing Plan in CA ($3M); by covered participants it is Vocational Guidance Services and Affiliates Retirement Plan in OH (293 participants). Same-state nearby plans are listed separately above.

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 Profit Sharing Plan for Managers assets move in 2024?
Tower Loan of Mississippi, LLC Profit Sharing Plan for Managers held essentially flat - up 0.8% during 2024, from $3M to $3M. Reported net income was $21K.
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 State Financial Corp Profit Sharing Plan in CA ($3M, 7 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 Vocational Guidance Services and Affiliates Retirement Plan in OH (293 participants, $2M in assets).