Money Purchase · DOL Form 5500 · 2022
Monroe Plumbers & Pipefitters Local 671 Money Purchase Plan
Data updated 2026-08-11
- $50M
- Total assets
- 290
- Participants
- 88th
- Percentile by assets
- $172,777
- Avg per participant
Official DOL plan name: Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust · Sponsored by Monroe Plumbers & Pipefitters Local 671 · Michigan · Construction
$50M in assets, 290 participants
Monroe Plumbers & Pipefitters Local 671's Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust reported $50M in total assets and 290 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.
- 88th percentile by assets (of 139,126 plans)
- #8,575 in Construction (9,927 peers)
Coverage in Michigan
Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust covers 290 participants in Michigan, about 45% of the average Michigan filer (state average ~638 per filing). Assets: $50M.
- $50M
- total plan assets (2022 EOY)
- 290
- covered participants
- 88th
- percentile by assets (of 139,126 plans)
- $172,777
- avg assets per participant
The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust reports 290 participants - about 45% of that state average ($50M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $64M |
|---|---|
| Net Assets (End of Year) | $50M |
| Net Income | -$13M |
| Employer EIN | 386082588 |
| Plan Effective Date | 1962-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Monroe Plumbers & Pipefitters Local 671)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 290 | $50M |
| 2023 | 1 | 301 | $55M |
| 2024 | 1 | 292 | $61M |
Nearby Money Purchase Plans in Michigan
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust vs. nearby Money Purchase plans in Michigan, assets vs. participants
- Indiana/Kentucky/Ohio Regional Council of Carpenters Defined Contribution Pension Plan $856M · 30,438
- Michigan Regional Council of Carpenters' Annuity Fund $442M · 19,164
- Millwrights' Local 1102 Supplemental Pension Fund $280M · 2,541
- Operating Engineers' Local 324, Defined Contribution Pension Plan $221M · 7,312
- P & M Holding Group, LLP & Affiliated Entities Pension Plan $210M · 1,012
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust by total assets, not by location.
Frequently Asked Questions
How did Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust assets move in 2022? ▼
How have Monroe Plumbers & Pipefitters Local 671 plan assets changed over time? ▼
Where does Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust? ▼
Next read for Monroe Plumbers & Pipefitters Local 671 …
Filing takeaways
Ways to act on Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust's numbers.
- By total assets, Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Michigan. Compare plans
- Monroe Plumbers & Pipefitters Local 671's sponsor-wide assets have grown 21.5% since 2022 across 3 plan years on file. More Construction plans