Money Purchase
2022 plan-year Money Purchase DOL Form 5500

MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

TRUSTEES OF MICHIANA AREA ELEC WORKERS' MONEY PURCHASE PLAN

This Money Purchase plan holds $96M in total assets and serves 959 participants as of 2022. It is sponsored by TRUSTEES OF MICHIANA AREA ELEC WORKERS' MONEY PURCHASE PLAN in Michigan. The plan reported a net loss of $13M for the year.

Total Assets (2023)
$96M
Participants
959
State
Industry
Construction

What the Filing Says About MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN

MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is a Money Purchase retirement plan sponsored by TRUSTEES OF MICHIANA AREA ELEC WORKERS' MONEY PURCHASE PLAN, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $96M in total end-of-year assets and covers 959 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 351861971, and the plan has been effective since 1992-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $109M at the beginning of 2022 to $96M at year-end — a decline of 11.6%. Net assets (after liabilities) closed the year at $96M, with reported net income of $-12,738,027 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$109M
Total Assets (End of Year)$96M
Net Assets (End of Year)$96M
Net Income$-12,738,027
Plan TypeMoney Purchase
Employer EIN351861971
Plan Effective Date1992-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (TRUSTEES OF MICHIANA AREA ELEC WORKERS' MONEY PURCHASE PLAN)

Year Plans Participants Total Assets
2022 1 959 $96M
2023 1 1,017 $110M
2024 1 782 $124M

Nearby Money Purchase Plans in Michigan

Peer Money Purchase plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN?
As of the 2022 Form 5500 filing, MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN holds $96M in total assets with 959 participants. It is sponsored by TRUSTEES OF MICHIANA AREA ELEC WORKERS' MONEY PURCHASE PLAN.
What type of plan is MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN?
MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is a Money Purchase plan. It has been effective since 1992-06-01. The plan is filed with the U.S. Department of Labor under EIN 351861971.
Who sponsors the MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN?
MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is sponsored by TRUSTEES OF MICHIANA AREA ELEC WORKERS' MONEY PURCHASE PLAN, located in Michigan. The sponsor's EIN is 351861971 and the plan operates in the Construction industry.
How did MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN perform in 2022?
MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN declined by 11.6% during 2022, moving from $109M to $96M in total assets. Net income was $-12,738,027.
Where can I find official filings for MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN?
Official Form 5500 filings for MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 351861971 or plan name at efast.dol.gov.
How does MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN compare to other plans?
You can compare MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN against other Money Purchase plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 351861971.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.