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TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 401k Plan overview

Plan NameTOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN
Plan identification number 501

TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover

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, INC. EMPLOYEE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012024-01-01LYNNE CARD
5012023-01-01
5012023-01-01LYNNE CARD
5012022-01-01
5012022-01-01LYNNE CARD
5012021-01-01
5012021-01-01LYNNE CARD
5012020-01-01
5012020-01-01
5012019-01-01
5012018-01-01
5012017-01-01LYNNE CARD
5012016-01-01LYNNE CARD
5012015-01-01LYNNE CARD
5012014-01-01MELISSA SWILLEY
5012013-01-01MELISSA SWILLEY
5012012-01-01MELISSA SWILLEY
5012011-01-01MELISSA SWILLEY

Plan Statistics for TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN

401k plan membership statisitcs for TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN

Measure Date Value
2023: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01432
Total number of active participants reported on line 7a of the Form 55002023-01-01438
Total of all active and inactive participants2023-01-01438
2022: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01464
Total number of active participants reported on line 7a of the Form 55002022-01-01432
Total of all active and inactive participants2022-01-01432
2021: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01519
Total number of active participants reported on line 7a of the Form 55002021-01-01464
Total of all active and inactive participants2021-01-01464
2020: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01777
Total number of active participants reported on line 7a of the Form 55002020-01-01519
Total of all active and inactive participants2020-01-01519
2019: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01656
Total number of active participants reported on line 7a of the Form 55002019-01-01777
Total of all active and inactive participants2019-01-01777
2018: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01509
Total number of active participants reported on line 7a of the Form 55002018-01-01653
Number of retired or separated participants receiving benefits2018-01-013
Total of all active and inactive participants2018-01-01656
2017: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01600
Total number of active participants reported on line 7a of the Form 55002017-01-01509
Total of all active and inactive participants2017-01-01509
2016: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01568
Total number of active participants reported on line 7a of the Form 55002016-01-01600
Total of all active and inactive participants2016-01-01600
2015: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01458
Total number of active participants reported on line 7a of the Form 55002015-01-01568
Total of all active and inactive participants2015-01-01568
2014: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01449
Total number of active participants reported on line 7a of the Form 55002014-01-01458
Total of all active and inactive participants2014-01-01458
2013: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01335
Total number of active participants reported on line 7a of the Form 55002013-01-01449
Total of all active and inactive participants2013-01-01449
2012: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01358
Total number of active participants reported on line 7a of the Form 55002012-01-01335
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-01335
Total participants2012-01-01335
2011: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01373
Total number of active participants reported on line 7a of the Form 55002011-01-01358
Number of retired or separated participants receiving benefits2011-01-010
Total of all active and inactive participants2011-01-01358
Total participants2011-01-01358

Financial Data on TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN

Measure Date Value
2023 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2023 401k financial data
Total income from all sources (including contributions)2023-12-31$3,914,616
Total of all expenses incurred2023-12-31$4,017,412
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$3,745,082
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$3,914,616
Value of total assets at end of year2023-12-31$338,853
Value of total assets at beginning of year2023-12-31$441,649
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$272,330
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$1,000,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$1,522,937
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-12-31$161,352
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-12-31$139,558
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$-102,796
Value of net assets at end of year (total assets less liabilities)2023-12-31$338,853
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$441,649
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2023-12-31$733,412
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$2,391,679
Employer contributions (assets) at end of year2023-12-31$177,501
Employer contributions (assets) at beginning of year2023-12-31$302,091
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$3,011,670
Contract administrator fees2023-12-31$272,330
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32023-12-31No
Did the plan have assets held for investment2023-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31CARR, RIGGS, & INGRAM, LLC
Accountancy firm EIN2023-12-31721396621
Total income from all sources (including contributions)2023-01-01$3,914,616
Total of all expenses incurred2023-01-01$4,017,412
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$3,745,082
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$3,914,616
Value of total assets at end of year2023-01-01$338,853
Value of total assets at beginning of year2023-01-01$441,649
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$272,330
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$1,000,000
If this is an individual account plan, was there a blackout period2023-01-01No
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$1,522,937
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-01-01$161,352
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-01-01$139,558
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$-102,796
Value of net assets at end of year (total assets less liabilities)2023-01-01$338,853
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$441,649
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Expenses. Payments to insurance carriers foe the provision of benefits2023-01-01$733,412
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01No
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$2,391,679
Employer contributions (assets) at end of year2023-01-01$177,501
Employer contributions (assets) at beginning of year2023-01-01$302,091
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$3,011,670
Contract administrator fees2023-01-01$272,330
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32023-01-01No
Did the plan have assets held for investment2023-01-01No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01CARR, RIGGS, & INGRAM, LLC
Accountancy firm EIN2023-01-01721396621
2022 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$4,064,017
Total of all expenses incurred2022-12-31$3,930,967
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$3,622,182
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$4,064,017
Value of total assets at end of year2022-12-31$441,649
Value of total assets at beginning of year2022-12-31$308,599
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$308,785
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,500,213
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$139,558
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$133,050
Value of net assets at end of year (total assets less liabilities)2022-12-31$441,649
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$308,599
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
Expenses. Payments to insurance carriers foe the provision of benefits2022-12-31$762,525
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
Contributions received in cash from employer2022-12-31$2,563,804
Employer contributions (assets) at end of year2022-12-31$302,091
Employer contributions (assets) at beginning of year2022-12-31$308,599
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,859,657
Contract administrator fees2022-12-31$308,785
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31No
Did the plan have assets held for investment2022-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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 EIN2022-12-31721396621
Total income from all sources (including contributions)2022-01-01$4,064,017
Total of all expenses incurred2022-01-01$3,930,967
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$3,622,182
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$4,064,017
Value of total assets at end of year2022-01-01$441,649
Value of total assets at beginning of year2022-01-01$308,599
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$308,785
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$1,000,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$1,500,213
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-01-01$139,558
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$133,050
Value of net assets at end of year (total assets less liabilities)2022-01-01$441,649
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$308,599
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Expenses. Payments to insurance carriers foe the provision of benefits2022-01-01$762,525
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$2,563,804
Employer contributions (assets) at end of year2022-01-01$302,091
Employer contributions (assets) at beginning of year2022-01-01$308,599
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$2,859,657
Contract administrator fees2022-01-01$308,785
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-01-01No
Did the plan have assets held for investment2022-01-01No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01CARR, RIGGS & INGRAM, LLC
Accountancy firm EIN2022-01-01721396621
2021 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$3,507,533
Total of all expenses incurred2021-12-31$3,561,936
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$3,172,042
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$3,507,533
Value of total assets at end of year2021-12-31$308,599
Value of total assets at beginning of year2021-12-31$363,002
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$389,894
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 bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
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
Contributions received from participants2021-12-31$1,486,985
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$19,580
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-54,403
Value of net assets at end of year (total assets less liabilities)2021-12-31$308,599
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$363,002
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
Expenses. Payments to insurance carriers foe the provision of benefits2021-12-31$772,562
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$2,020,548
Employer contributions (assets) at end of year2021-12-31$308,599
Employer contributions (assets) at beginning of year2021-12-31$343,422
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$2,399,480
Contract administrator fees2021-12-31$389,894
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
Did the plan have assets held for investment2021-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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, LLC
Accountancy firm EIN2021-12-31721396621
2020 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$3,752,827
Total of all expenses incurred2020-12-31$3,835,760
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$3,571,299
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$3,752,827
Value of total assets at end of year2020-12-31$363,002
Value of total assets at beginning of year2020-12-31$445,935
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$264,461
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
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
Contributions received from participants2020-12-31$1,530,139
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$19,580
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$9,366
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$-82,933
Value of net assets at end of year (total assets less liabilities)2020-12-31$363,002
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$445,935
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
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$875,074
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$2,222,688
Employer contributions (assets) at end of year2020-12-31$343,422
Employer contributions (assets) at beginning of year2020-12-31$436,569
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$2,696,225
Contract administrator fees2020-12-31$264,461
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31No
Did the plan have assets held for investment2020-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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, LLC
Accountancy firm EIN2020-12-31721396621
2019 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$4,050,897
Total income from all sources (including contributions)2019-12-31$4,050,897
Total of all expenses incurred2019-12-31$4,027,031
Total of all expenses incurred2019-12-31$4,027,031
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,729,108
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,729,108
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$4,050,897
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$4,050,897
Value of total assets at end of year2019-12-31$445,935
Value of total assets at end of year2019-12-31$445,935
Value of total assets at beginning of year2019-12-31$422,069
Value of total assets at beginning of year2019-12-31$422,069
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$297,923
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$297,923
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 bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
Value of fidelity bond cover2019-12-31$1,000,000
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
Contributions received from participants2019-12-31$1,534,126
Contributions received from participants2019-12-31$1,534,126
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$9,366
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$9,366
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$6,850
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$6,850
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$23,866
Value of net income/loss2019-12-31$23,866
Value of net assets at end of year (total assets less liabilities)2019-12-31$445,935
Value of net assets at end of year (total assets less liabilities)2019-12-31$445,935
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$422,069
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$422,069
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
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$922,924
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$922,924
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
Contributions received in cash from employer2019-12-31$2,516,771
Contributions received in cash from employer2019-12-31$2,516,771
Employer contributions (assets) at end of year2019-12-31$436,569
Employer contributions (assets) at end of year2019-12-31$436,569
Employer contributions (assets) at beginning of year2019-12-31$415,219
Employer contributions (assets) at beginning of year2019-12-31$415,219
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$2,806,184
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$2,806,184
Contract administrator fees2019-12-31$297,923
Contract administrator fees2019-12-31$297,923
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Did the plan have assets held for investment2019-12-31No
Did the plan have assets held for investment2019-12-31No
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
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 LLC
Accountancy firm name2019-12-31CARR, RIGGS, & INGRAM LLC
Accountancy firm EIN2019-12-31721396621
Accountancy firm EIN2019-12-31721396621
2018 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$4,320,436
Total of all expenses incurred2018-12-31$4,313,243
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$4,022,052
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$4,320,436
Value of total assets at end of year2018-12-31$422,069
Value of total assets at beginning of year2018-12-31$414,876
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$291,191
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 bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
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
Contributions received from participants2018-12-31$1,523,652
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$6,850
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$242,198
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$7,193
Value of net assets at end of year (total assets less liabilities)2018-12-31$422,069
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$414,876
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
Expenses. Payments to insurance carriers foe the provision of benefits2018-12-31$1,007,513
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$2,796,784
Employer contributions (assets) at end of year2018-12-31$415,219
Employer contributions (assets) at beginning of year2018-12-31$172,678
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$3,014,539
Contract administrator fees2018-12-31$291,191
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Did the plan have assets held for investment2018-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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 LLC
Accountancy firm EIN2018-12-31721396621
2017 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$3,983,995
Total of all expenses incurred2017-12-31$3,905,054
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$3,700,396
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$3,983,995
Value of total assets at end of year2017-12-31$414,876
Value of total assets at beginning of year2017-12-31$335,935
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$204,658
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 bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
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
Contributions received from participants2017-12-31$1,468,390
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$242,198
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$78,941
Value of net assets at end of year (total assets less liabilities)2017-12-31$414,876
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$335,935
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
Expenses. Payments to insurance carriers foe the provision of benefits2017-12-31$839,102
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
Contributions received in cash from employer2017-12-31$2,515,605
Employer contributions (assets) at end of year2017-12-31$172,678
Employer contributions (assets) at beginning of year2017-12-31$335,935
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$2,861,294
Contract administrator fees2017-12-31$204,658
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Did the plan have assets held for investment2017-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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 LLC
Accountancy firm EIN2017-12-31721396621
2016 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$3,322,595
Total of all expenses incurred2016-12-31$3,294,020
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$3,088,300
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$3,322,595
Value of total assets at end of year2016-12-31$335,935
Value of total assets at beginning of year2016-12-31$307,360
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$205,720
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 bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
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$1,518,856
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
Value of net income/loss2016-12-31$28,575
Value of net assets at end of year (total assets less liabilities)2016-12-31$335,935
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$307,360
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
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$831,571
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$1,803,739
Employer contributions (assets) at end of year2016-12-31$335,935
Employer contributions (assets) at beginning of year2016-12-31$307,360
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$2,256,729
Contract administrator fees2016-12-31$205,720
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Did the plan have assets held for investment2016-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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 LLC
Accountancy firm EIN2016-12-31721396621
2015 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$2,645,084
Total of all expenses incurred2015-12-31$2,517,190
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$2,341,046
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$2,645,084
Value of total assets at end of year2015-12-31$307,360
Value of total assets at beginning of year2015-12-31$179,466
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$176,144
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 bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
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
Contributions received from participants2015-12-31$1,230,641
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$127,894
Value of net assets at end of year (total assets less liabilities)2015-12-31$307,360
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$179,466
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
Expenses. Payments to insurance carriers foe the provision of benefits2015-12-31$745,093
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$1,414,443
Employer contributions (assets) at end of year2015-12-31$307,360
Employer contributions (assets) at beginning of year2015-12-31$179,466
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$1,595,953
Contract administrator fees2015-12-31$176,144
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31No
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 LLC
Accountancy firm EIN2015-12-31721396621
2014 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2014 401k financial data
Total income from all sources (including contributions)2014-12-31$2,496,712
Total of all expenses incurred2014-12-31$2,624,563
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$2,486,824
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$2,496,712
Value of total assets at end of year2014-12-31$179,466
Value of total assets at beginning of year2014-12-31$307,317
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$137,739
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$1,176,748
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$19,709
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-127,851
Value of net assets at end of year (total assets less liabilities)2014-12-31$179,466
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$307,317
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2014-12-31$633,539
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$1,319,964
Employer contributions (assets) at end of year2014-12-31$179,466
Employer contributions (assets) at beginning of year2014-12-31$287,608
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$1,853,285
Contract administrator fees2014-12-31$137,739
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31No
Did the plan have assets held for investment2014-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31CARR, RIGGS, & INGRAM LLC
Accountancy firm EIN2014-12-31721396621
2013 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2013 401k financial data
Total income from all sources (including contributions)2013-12-31$2,966,740
Total of all expenses incurred2013-12-31$2,927,371
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$2,739,171
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$2,966,740
Value of total assets at end of year2013-12-31$307,317
Value of total assets at beginning of year2013-12-31$267,948
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$188,200
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$1,022,513
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$19,709
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$39,369
Value of net assets at end of year (total assets less liabilities)2013-12-31$307,317
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$267,948
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2013-12-31$577,553
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$1,944,227
Employer contributions (assets) at end of year2013-12-31$287,608
Employer contributions (assets) at beginning of year2013-12-31$267,948
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$2,161,618
Contract administrator fees2013-12-31$188,200
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Did the plan have assets held for investment2013-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31CARR, RIGGS & INGRAM, LLC
Accountancy firm EIN2013-12-31251396621
2012 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2012 401k financial data
Total income from all sources (including contributions)2012-12-31$2,738,131
Total of all expenses incurred2012-12-31$3,000,057
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$2,844,369
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$2,738,131
Value of total assets at end of year2012-12-31$267,948
Value of total assets at beginning of year2012-12-31$529,874
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$155,688
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$865,029
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-261,926
Value of net assets at end of year (total assets less liabilities)2012-12-31$267,948
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$529,874
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2012-12-31$514,887
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$1,873,102
Employer contributions (assets) at end of year2012-12-31$267,948
Employer contributions (assets) at beginning of year2012-12-31$529,874
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$2,329,482
Contract administrator fees2012-12-31$155,688
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Did the plan have assets held for investment2012-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31CARR, RIGGS & INGRAM, LLC
Accountancy firm EIN2012-12-31721396621
2011 : TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2011 401k financial data
Total income from all sources (including contributions)2011-12-31$2,245,191
Total of all expenses incurred2011-12-31$1,811,304
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,608,647
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,245,191
Value of total assets at end of year2011-12-31$529,874
Value of total assets at beginning of year2011-12-31$95,987
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$202,657
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$829,709
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$433,887
Value of net assets at end of year (total assets less liabilities)2011-12-31$529,874
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$95,987
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2011-12-31$482,310
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$1,415,482
Employer contributions (assets) at end of year2011-12-31$529,874
Employer contributions (assets) at beginning of year2011-12-31$95,987
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,126,337
Contract administrator fees2011-12-31$202,657
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31CARR, RIGGS & INGRAM, LLC
Accountancy firm EIN2011-12-31721396621

Form 5500 Responses for TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN

2023: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – General assets of the sponsorYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement – General assets of the sponsorYes
2022: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – General assets of the sponsorYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – General assets of the sponsorYes
2021: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – General assets of the sponsorYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement – General assets of the sponsorYes
2020: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedYes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – General assets of the sponsorYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – General assets of the sponsorYes
2019: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – General assets of the sponsorYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement – General assets of the sponsorYes
2018: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – General assets of the sponsorYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement – General assets of the sponsorYes
2017: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – General assets of the sponsorYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement – General assets of the sponsorYes
2016: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – General assets of the sponsorYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement – General assets of the sponsorYes
2015: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – General assets of the sponsorYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement – General assets of the sponsorYes
2014: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – General assets of the sponsorYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement – General assets of the sponsorYes
2013: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – General assets of the sponsorYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement – General assets of the sponsorYes
2012: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedYes
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – General assets of the sponsorYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement – General assets of the sponsorYes
2011: TOWER LOAN OF MISSISSIPPI, INC. EMPLOYEE BENEFIT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – General assets of the sponsorYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

STARMOUNT LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68985 )
Policy contract number630722
Policy instance 4
Insurance contract or identification number630722
Number of Individuals Covered409
Insurance policy start date2023-01-01
Insurance policy end date2024-01-01
Total amount of commissions paid to insurance brokerUSD $39,741
Total amount of fees paid to insurance companyUSD $5,321
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $305,700
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PAUL REVERE VARIABLE ANNUITY INS. CO. (National Association of Insurance Commissioners NAIC id number: 67601 )
Policy contract number630723
Policy instance 3
Insurance contract or identification number630723
Number of Individuals Covered113
Insurance policy start date2023-01-01
Insurance policy end date2024-01-01
Total amount of commissions paid to insurance brokerUSD $3,787
Total amount of fees paid to insurance companyUSD $278
Other welfare benefits providedCRITICAL ILLNESS
Welfare Benefit Premiums Paid to CarrierUSD $21,035
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number630719
Policy instance 2
Insurance contract or identification number630719
Number of Individuals Covered441
Insurance policy start date2023-01-01
Insurance policy end date2024-01-01
Total amount of commissions paid to insurance brokerUSD $40,698
Total amount of fees paid to insurance companyUSD $5,534
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $204,170
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
WESTPORT INSURANCE CORP (National Association of Insurance Commissioners NAIC id number: 34207 )
Policy contract number417004411696
Policy instance 1
Insurance contract or identification number417004411696
Number of Individuals Covered438
Insurance policy start date2023-01-01
Insurance policy end date2024-01-01
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $66,346
Welfare Benefit Premiums Paid to CarrierUSD $294,287
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number630719
Policy instance 2
PAUL REVERE VARIABLE ANNUITY INS. CO. (National Association of Insurance Commissioners NAIC id number: 67601 )
Policy contract number630723
Policy instance 3
STARMOUNT LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68985 )
Policy contract number630722
Policy instance 4
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number417004411696
Policy instance 1
STARMOUNT LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68985 )
Policy contract number630722
Policy instance 4
PAUL REVERE VARIABLE ANNUITY INS. CO. (National Association of Insurance Commissioners NAIC id number: 67601 )
Policy contract number630723
Policy instance 3
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number630719
Policy instance 2
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number417004411696
Policy instance 1
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0754082
Policy instance 1
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number937281
Policy instance 5
MERITAIN HEALTH (National Association of Insurance Commissioners NAIC id number: 92711 )
Policy contract numberD4277
Policy instance 2
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract number10247330
Policy instance 3
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number417004411696
Policy instance 4
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0754082
Policy instance 1
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract number10247330
Policy instance 4
GERBER LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70939 )
Policy contract number417003411696
Policy instance 5
QBE A&H (National Association of Insurance Commissioners NAIC id number: 10219 )
Policy contract number417002411696
Policy instance 3
MERITAIN HEALTH (National Association of Insurance Commissioners NAIC id number: 92711 )
Policy contract numberD4277
Policy instance 2
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0754082
Policy instance 1
QBE A&H (National Association of Insurance Commissioners NAIC id number: 10219 )
Policy contract number417002411696
Policy instance 4
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract number10247330
Policy instance 5
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number51720
Policy instance 2
MERITAIN HEALTH (National Association of Insurance Commissioners NAIC id number: 92711 )
Policy contract numberD4277
Policy instance 3
QBE A&H (National Association of Insurance Commissioners NAIC id number: 10219 )
Policy contract number417002411696
Policy instance 4
MERITAIN HEALTH (National Association of Insurance Commissioners NAIC id number: 92711 )
Policy contract numberD4277
Policy instance 3
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number51720
Policy instance 2
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0754082
Policy instance 1
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0754082
Policy instance 1
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number51720
Policy instance 2
MERITAIN HEALTH (National Association of Insurance Commissioners NAIC id number: 92711 )
Policy contract numberD4277
Policy instance 3
QBE A&H (National Association of Insurance Commissioners NAIC id number: 10219 )
Policy contract number417002411696
Policy instance 4
MERITAIN HEALTH (National Association of Insurance Commissioners NAIC id number: 92711 )
Policy contract numberD4277
Policy instance 3
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0754082
Policy instance 1
QBE A&H (National Association of Insurance Commissioners NAIC id number: 10219 )
Policy contract number417002411696
Policy instance 4
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number51720
Policy instance 2
MERITAIN HEALTH (National Association of Insurance Commissioners NAIC id number: 92711 )
Policy contract numberD4277
Policy instance 3
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0754082
Policy instance 1
QBE A&H (National Association of Insurance Commissioners NAIC id number: 10219 )
Policy contract numberLGS00803-13
Policy instance 4
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number51720
Policy instance 2
MERITAIN HEALTH (National Association of Insurance Commissioners NAIC id number: 92711 )
Policy contract numberD4277
Policy instance 3
QBE A&H (National Association of Insurance Commissioners NAIC id number: 10219 )
Policy contract numberLGS00803-1
Policy instance 4
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number06288
Policy instance 2
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number236626
Policy instance 1
MERITAIN HEALTH (National Association of Insurance Commissioners NAIC id number: 92711 )
Policy contract numberD4277
Policy instance 4
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number06288
Policy instance 3
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number236626
Policy instance 2
AMERICAN FIDELITY ASSURANCE CO. (National Association of Insurance Commissioners NAIC id number: 60410 )
Policy contract numberAFA-SLP-2008-23
Policy instance 1

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