Money Purchase · DOL Form 5500 · 2022
Drexel Chemical Company Money Purchase Plan
Data updated 2026-08-11
- $10M
- Total assets
- 168
- Participants
- 65th
- Percentile by assets
- $59,390
- Avg per participant
Official DOL plan name: Drexel Chemical Company Money Purchase Pension Plan and Trust · Sponsored by Drexel Chemical Company · Tennessee · Manufacturing
$10M in assets, 168 participants
Drexel Chemical Company's Drexel Chemical Company Money Purchase Pension Plan and Trust reported $10M in total assets and 168 participants in its 2022 DOL Form 5500 filing, ranking in the 65th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 65th percentile by assets (of 139,126 plans)
- #10,731 in Manufacturing (20,602 peers)
Coverage in Tennessee
Drexel Chemical Company Money Purchase Pension Plan and Trust covers 168 participants in Tennessee, about 15% of the average Tennessee filer (state average ~1,126 per filing). Assets: $10M.
- $10M
- total plan assets (2022 EOY)
- 168
- covered participants
- 65th
- percentile by assets (of 139,126 plans)
- $59,390
- avg assets per participant
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Tennessee filers
In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Drexel Chemical Company Money Purchase Pension Plan and Trust reports 168 participants - about 15% of that state average ($10M EOY assets).
Tennessee filing particulars
| Total Assets (Beginning of Year) | $10M |
|---|---|
| Net Assets (End of Year) | $9M |
| Net Income | -$1M |
| Employer EIN | 620873303 |
| Plan Effective Date | 1975-06-20 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Drexel Chemical Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 168 | $10M |
| 2023 | 1 | 164 | $10M |
| 2024 | 1 | 195 | $11M |
Nearby Money Purchase Plans in Tennessee
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Drexel Chemical Company Money Purchase Pension Plan and Trust vs. nearby Money Purchase plans in Tennessee, assets vs. participants
- Southern Electrical Retirement Fund $1.7B · 10,582
- IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan $331M · 1,999
- U.a. Local Union No. 614 Pension Plan $166M · 1,308
- Midwest Pipe Trades Retirement Plan $159M · 1,481
- Millwright & Machinery Erectors Local 1192 Defined Contribution Pension Plan $98M · 853
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Drexel Chemical Company Money Purchase Pension Plan and Trust by total assets, not by location.
- Racine Painters & Allied Trades Union Local 108 & Assoc Union Pension Plan (WI) $10M · 58
- Heat & Frost Insulators and Allied Workers Local #50 Annuity Plan (IN) $10M · 608
- Ocean Conservancy Defined Contribution Retirement Plan (DC) $10M · 117
- Graphic Communications Int'l Union Local 119b-43b New York Printers League Annuity Fund (NY) $10M · 127
Frequently Asked Questions
How did Drexel Chemical Company Money Purchase Pension Plan and Trust assets move in 2022? ▼
How have Drexel Chemical Company plan assets changed over time? ▼
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Filing takeaways
Ways to act on Drexel Chemical Company Money Purchase Pension Plan and Trust's numbers.
- By total assets, Drexel Chemical Company Money Purchase Pension Plan and Trust ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Tennessee. Compare plans
- Drexel Chemical Company's sponsor-wide assets have grown 10.2% since 2022 across 3 plan years on file. More Manufacturing plans