Defined Benefit (Pension) · DOL Form 5500 · 2022

Joan Michelman Ltd. Pension Plan

Data updated 2026-08-11

$2M
Total assets
4
Participants
32nd
Percentile by assets
$429,752
Avg per participant
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Official DOL plan name: Joan Michelman Ltd. Retirement Trust · Sponsored by Joan Michelman Ltd. · New York · Retail Trade

$2M in assets, 4 participants

Joan Michelman Ltd.'s Joan Michelman Ltd. Retirement Trust reported $2M in total assets and 4 participants in its 2022 DOL Form 5500 filing, ranking in the 32nd 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.

  • 32nd percentile by assets (of 139,126 plans)
  • #3,928 in Retail Trade (9,519 peers)

Joan Michelman Ltd. multi-year trail

Joan Michelman Ltd.'s plans moved -98.2% in assets from 2022 to 2024; this filing shows Joan Michelman Ltd. Retirement Trust at $2M / 4 participants.

$2M
total plan assets (2022 EOY)
4
covered participants
32nd
percentile by assets (of 139,126 plans)
$429,752
avg assets per participant

The plan reported a net loss of $405K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Joan Michelman Ltd. across 3 plan years on file

Across the 3 plan years Joan Michelman Ltd. has on file (2022-2024), sponsor-wide plan assets have moved from $2M to $32K, a decline of 98.2%, while reported participants moved from 4 to 4 (+0.0%). Peak year by sponsor assets: 2022 ($2M); trough: 2024 ($32K).

Joan Michelman Ltd. multi-year asset trail

$-1M$0M$1M$2M 202220232024 $1.72M $0.03M ▼ -98.3%
Total plan assets by year, all Joan Michelman Ltd. plans on file
Year Plans Participants Total Assets
2022 1 4 $2M
2023 1 4 $1M
2024 1 4 $32K

Joan Michelman Ltd. filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$405K
Employer EIN132812873
Plan Effective Date1980-06-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Joan Michelman Ltd. Retirement Trust vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Joan Michelman Ltd. Retirement Trust vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants Joan Michelman Ltd. …IBM Personal Pension…Consolidated Edison …Pepsico Employees Re…New York State Nurse…New York District Co…
Joan Michelman Ltd. Retirement Trust vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Joan Michelman Ltd. Retirement Trust by total assets, not by location.

Frequently Asked Questions

How did Joan Michelman Ltd. Retirement Trust assets move in 2022?
Joan Michelman Ltd. Retirement Trust declined sharply - down 19.1% during 2022, from $2M to $2M. Reported net income was -$405K.
How have Joan Michelman Ltd. plan assets changed over time?
Across 3 plan years on file (2022-2024), Joan Michelman Ltd.'s sponsor-wide assets declined 98.2%, from $2M to $32K.
Which Defined Benefit (Pension) plans are similar in size to Joan Michelman Ltd. Retirement Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Fidelity Mortgage Lenders, Inc. Pension Plan in CA ($2M, 7 participants).

Next read for Joan Michelman Ltd. Retirement Trust

Multi-year trail

Ways to act on Joan Michelman Ltd. Retirement Trust's numbers.

  • By total assets, Joan Michelman Ltd. Retirement Trust ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
  • Joan Michelman Ltd.'s sponsor-wide assets have declined 98.2% since 2022 across 3 plan years on file. More Retail Trade plans