2023 Form 5500 filing — Tower Systems, Inc. Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240529090706NAL0024309554001) for Tower Systems, Inc. Profit Sharing Plan, reported by Tower Systems, Inc. under EIN 41-1245573 and plan number 001. It reports 58 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
- EFAST2 acknowledgement
- 20240529090706NAL0024309554001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Tower Systems, Inc.
- EIN
- 41-1245573
- Plan number
- 001
- Location
- Watertown, SD
- Participants
- 58
- Schedules available
- Schedule I
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,266,913
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,266,913
- Employer contributions
- $64,353
- Participant contributions
- $179,640
- Total income / additions
- $869,399
- Benefits paid
- $789,098
- Administrative expenses
- $24,199
- Total expenses
- $813,297
- Net increase / (decrease)
- $56,102
- Schedule source
- Schedule I