Plan Snapshot
- Plan Sponsor: Tower Loan Of Mississippi, LLC
- Sponsor EIN: 455079659
- Sponsor Address: 406 LIBERTY PARK CT, FLOWOOD, MS, 39232
- Plan Type: DC
- Total Participants: 240
- Total Assets: $2.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 240 | $2.6M | $0 | $0 |
| 2023 | 293 | $2.6M | $0 | $0 |
| 2022 | 204 | $2.6M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ONEAMERICA RETIREMENT SERVICES | NONE | $15,841 | — | $15,841 |
| CARR,RIGGS & INGRAM, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,841
- Estimated Expense Ratio: 0.603% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $16,808 | $967 | — | — | — |
| 2023 | $18,434 | $1,217 | — | — | — |
| 2022 | $8,711 | $870 | — | — | $7,841 |