2023 Form 5500 filing — Tower Loan Of Mississippi, LLC 401(K) And Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015191453NAL0030731457001) for Tower Loan Of Mississippi, LLC 401(K) And Profit Sharing Plan, reported by Tower Loan Of Mississippi, LLC under EIN 45-5079659 and plan number 001. It reports 600 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015191453NAL0030731457001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Tower Loan Of Mississippi, LLC
- EIN
- 45-5079659
- Plan number
- 001
- Location
- Flowood, MS
- Participants
- 600
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $59,185,705
- Total liabilities (EOY)
- $130,241
- Net assets (EOY)
- $59,055,464
- Employer contributions
- $612,266
- Participant contributions
- $1,754,706
- Total income / additions
- $10,800,633
- Benefits paid
- $7,587,900
- Administrative expenses
- $57,494
- Total expenses
- $7,735,730
- Net increase / (decrease)
- $3,064,903
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Oneamerica Retirement Services LLC | NONE | $43,613 | not reported in the loaded dataset |
| Soundpath Investment Advisors LLC | NONE | $8,038 | not reported in the loaded dataset |
| Ballew Wealth Management | NONE | $5,843 | not reported in the loaded dataset |
| Matrix Trust Company | NONE | $0 | $0 |