Logo

TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 401k Plan overview

Plan NameTOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS
Plan identification number 002

TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

TOWER LOAN OF MISSISSIPPI, LLC has sponsored the creation of one or more 401k plans.

Company Name:TOWER LOAN OF MISSISSIPPI, LLC
Employer identification number (EIN):455079659
NAIC Classification:522291
NAIC Description:Consumer Lending

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01LYNNE CARD2022-10-16 LYNNE CARD2022-10-16
0022020-01-01LYNNE CARD2021-10-27 LYNNE CARD2021-10-27
0022019-01-01LYNNE CARD2020-10-14 LYNNE CARD2020-10-14
0022018-01-01LYNNE CARD2019-10-13 LYNNE CARD2019-10-13
0022017-01-01
0022016-01-01
0022015-01-01LYNNE CARD

Plan Statistics for TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS

401k plan membership statisitcs for TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS

Measure Date Value
2022: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2022 401k membership
Total participants, beginning-of-year2022-01-01361
Total number of active participants reported on line 7a of the Form 55002022-01-01204
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0162
Total of all active and inactive participants2022-01-01266
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01266
Number of participants with account balances2022-01-01266
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0152
2021: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2021 401k membership
Total participants, beginning-of-year2021-01-01386
Total number of active participants reported on line 7a of the Form 55002021-01-01297
Number of retired or separated participants receiving benefits2021-01-014
Number of other retired or separated participants entitled to future benefits2021-01-0160
Total of all active and inactive participants2021-01-01361
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01361
Number of participants with account balances2021-01-01361
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0154
2020: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2020 401k membership
Total participants, beginning-of-year2020-01-01375
Total number of active participants reported on line 7a of the Form 55002020-01-01289
Number of retired or separated participants receiving benefits2020-01-018
Number of other retired or separated participants entitled to future benefits2020-01-0145
Total of all active and inactive participants2020-01-01342
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01342
Number of participants with account balances2020-01-01342
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0168
2019: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2019 401k membership
Total participants, beginning-of-year2019-01-01326
Total number of active participants reported on line 7a of the Form 55002019-01-01293
Number of retired or separated participants receiving benefits2019-01-019
Number of other retired or separated participants entitled to future benefits2019-01-0166
Total of all active and inactive participants2019-01-01368
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01368
Number of participants with account balances2019-01-01368
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0166
2018: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2018 401k membership
Total participants, beginning-of-year2018-01-01419
Total number of active participants reported on line 7a of the Form 55002018-01-01276
Number of retired or separated participants receiving benefits2018-01-014
Number of other retired or separated participants entitled to future benefits2018-01-0136
Total of all active and inactive participants2018-01-01316
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01316
Number of participants with account balances2018-01-01316
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0159
2017: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2017 401k membership
Total participants, beginning-of-year2017-01-01367
Total number of active participants reported on line 7a of the Form 55002017-01-01281
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0169
Total of all active and inactive participants2017-01-01350
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01350
Number of participants with account balances2017-01-01350
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0166
2016: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2016 401k membership
Total participants, beginning-of-year2016-01-01313
Total number of active participants reported on line 7a of the Form 55002016-01-01270
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0131
Total of all active and inactive participants2016-01-01301
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01301
Number of participants with account balances2016-01-01301
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0152
2015: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2015 401k membership
Total participants, beginning-of-year2015-01-01226
Total number of active participants reported on line 7a of the Form 55002015-01-01254
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-01254
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01254
Number of participants with account balances2015-01-01254
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS

Measure Date Value
2022 : TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$5
Total income from all sources (including contributions)2022-12-31$-534,736
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$337,175
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$328,464
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$0
Value of total assets at end of year2022-12-31$2,637,598
Value of total assets at beginning of year2022-12-31$3,509,514
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$8,711
Total interest from all sources2022-12-31$1,069
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$146,353
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$146,353
Administrative expenses professional fees incurred2022-12-31$7,841
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$5
Other income not declared elsewhere2022-12-31$1,225
Total non interest bearing cash at end of year2022-12-31$50
Total non interest bearing cash at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-871,911
Value of net assets at end of year (total assets less liabilities)2022-12-31$2,637,598
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$3,509,509
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$870
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$2,453,070
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$1,995,434
Interest earned on other investments2022-12-31$1,069
Value of interest in common/collective trusts at end of year2022-12-31$0
Value of interest in common/collective trusts at beginning of year2022-12-31$2,943
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$48,258
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$48,258
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$184,478
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-683,383
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$1,462,879
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$328,464
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31Yes
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31CARR,RIGGS & INGRAM, LLC
Accountancy firm EIN2022-12-31711396621
2021 : TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$5
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$234
Total income from all sources (including contributions)2021-12-31$1,720,338
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$114,595
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$110,160
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,460,977
Value of total assets at end of year2021-12-31$3,509,514
Value of total assets at beginning of year2021-12-31$1,904,000
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$4,435
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31No
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$5
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$234
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,605,743
Value of net assets at end of year (total assets less liabilities)2021-12-31$3,509,509
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$1,903,766
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$1,995,434
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$707,881
Value of interest in common/collective trusts at end of year2021-12-31$2,943
Value of interest in common/collective trusts at beginning of year2021-12-31$680
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$48,258
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$16,372
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$16,372
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$259,361
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$1,460,977
Employer contributions (assets) at end of year2021-12-31$1,462,879
Employer contributions (assets) at beginning of year2021-12-31$1,179,067
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$110,160
Contract administrator fees2021-12-31$4,435
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31CARR RIGGS & INGRAM
Accountancy firm EIN2021-12-31711396621
2020 : TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$234
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$325
Total income from all sources (including contributions)2020-12-31$1,265,196
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$99,221
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$96,986
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,179,067
Value of total assets at end of year2020-12-31$1,904,000
Value of total assets at beginning of year2020-12-31$738,116
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$2,235
Total interest from all sources2020-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$31,246
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$31,246
Was this plan covered by a fidelity bond2020-12-31No
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$234
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,165,975
Value of net assets at end of year (total assets less liabilities)2020-12-31$1,903,766
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$737,791
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$707,881
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$717,868
Value of interest in common/collective trusts at end of year2020-12-31$680
Value of interest in common/collective trusts at beginning of year2020-12-31$521
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$16,372
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$19,727
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$19,727
Net investment gain or loss from common/collective trusts2020-12-31$54,883
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$1,179,067
Employer contributions (assets) at end of year2020-12-31$1,179,067
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$96,986
Contract administrator fees2020-12-31$2,235
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$325
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31CARR RIGGS & INGRAM
Accountancy firm EIN2020-12-31711396621
2019 : TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$325
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$325
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$152
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$152
Total income from all sources (including contributions)2019-12-31$155,120
Total income from all sources (including contributions)2019-12-31$155,120
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$102,951
Total of all expenses incurred2019-12-31$102,951
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$100,781
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$100,781
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
Value of total assets at end of year2019-12-31$738,116
Value of total assets at end of year2019-12-31$738,116
Value of total assets at beginning of year2019-12-31$685,774
Value of total assets at beginning of year2019-12-31$685,774
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$2,170
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$2,170
Total interest from all sources2019-12-31$0
Total interest from all sources2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31No
Was this plan covered by a fidelity bond2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$52,169
Value of net income/loss2019-12-31$52,169
Value of net assets at end of year (total assets less liabilities)2019-12-31$737,791
Value of net assets at end of year (total assets less liabilities)2019-12-31$737,791
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$685,622
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$685,622
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$717,868
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$717,868
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$648,611
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$648,611
Value of interest in common/collective trusts at end of year2019-12-31$521
Value of interest in common/collective trusts at end of year2019-12-31$521
Value of interest in common/collective trusts at beginning of year2019-12-31$1,054
Value of interest in common/collective trusts at beginning of year2019-12-31$1,054
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$19,727
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$19,727
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$36,109
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$36,109
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$36,109
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$36,109
Net investment gain or loss from common/collective trusts2019-12-31$155,120
Net investment gain or loss from common/collective trusts2019-12-31$155,120
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$100,781
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$100,781
Contract administrator fees2019-12-31$2,170
Contract administrator fees2019-12-31$2,170
Liabilities. Value of benefit claims payable at end of year2019-12-31$325
Liabilities. Value of benefit claims payable at end of year2019-12-31$325
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$152
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$152
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31CARR RIGGS & INGRAM
Accountancy firm name2019-12-31CARR RIGGS & INGRAM
Accountancy firm EIN2019-12-31711396621
Accountancy firm EIN2019-12-31711396621
2018 : TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$152
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$-65,380
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$139,741
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$136,861
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$35,733
Value of total assets at end of year2018-12-31$685,774
Value of total assets at beginning of year2018-12-31$890,743
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$2,880
Total interest from all sources2018-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31No
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$710
Other income not declared elsewhere2018-12-31$-101,113
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-205,121
Value of net assets at end of year (total assets less liabilities)2018-12-31$685,622
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$890,743
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$648,611
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$860,254
Value of interest in common/collective trusts at end of year2018-12-31$1,054
Value of interest in common/collective trusts at beginning of year2018-12-31$1,501
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$36,109
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$28,278
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$28,278
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$35,733
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$136,861
Contract administrator fees2018-12-31$2,880
Liabilities. Value of benefit claims payable at end of year2018-12-31$152
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31CARR RIGGS & INGRAM
Accountancy firm EIN2018-12-31721396621
2017 : TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$158,862
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$86,601
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$84,321
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$0
Value of total assets at end of year2017-12-31$890,743
Value of total assets at beginning of year2017-12-31$818,482
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$2,280
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31No
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$710
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$72,261
Value of net assets at end of year (total assets less liabilities)2017-12-31$890,743
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$818,482
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$860,254
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$790,294
Value of interest in common/collective trusts at end of year2017-12-31$1,501
Value of interest in common/collective trusts at beginning of year2017-12-31$3,275
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$28,278
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$24,913
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$24,913
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$158,862
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$84,321
Contract administrator fees2017-12-31$2,280
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31CARR RIGGS & INGRAM
Accountancy firm EIN2017-12-31721396621
2016 : TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$48,013
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$43,090
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$41,830
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$0
Value of total assets at end of year2016-12-31$818,482
Value of total assets at beginning of year2016-12-31$813,559
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,260
Total interest from all sources2016-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31No
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Income. Non cash contributions2016-12-31$0
Value of net income/loss2016-12-31$4,923
Value of net assets at end of year (total assets less liabilities)2016-12-31$818,482
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$813,559
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$790,294
Value of interest in common/collective trusts at end of year2016-12-31$3,275
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$24,913
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$48,013
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$813,559
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$41,830
Contract administrator fees2016-12-31$1,260
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31CARR RIGGS & INGRAM
Accountancy firm EIN2016-12-31721396621
2015 : TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$813,559
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$0
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$813,559
Value of total assets at end of year2015-12-31$813,559
Value of total assets at beginning of year2015-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$0
Total interest from all sources2015-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31No
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$813,559
Value of net assets at end of year (total assets less liabilities)2015-12-31$813,559
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$813,559
Employer contributions (assets) at end of year2015-12-31$813,559
Did the plan have assets held for investment2015-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31CARR RIGGS & INGRAM
Accountancy firm EIN2015-12-31721396621

Form 5500 Responses for TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS

2022: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: TOWER LOAN OF MISSISSIPPI, LLC PROFIT SHARING PLAN FOR MANAGERS 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01First time form 5500 has been submittedYes
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberR00304
Policy instance 1
Insurance contract or identification numberR00304
Number of Individuals Covered5
Insurance policy start date2022-07-01
Insurance policy end date2022-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1