Money Purchase · DOL Form 5500 · 2022
Trustees of Michiana Area Elec Workers' Money Purchase Plan Money Purchase Plan
Data updated 2026-08-11
- $96M
- Total assets
- 959
- Participants
- 93rd
- Percentile by assets
- $100,490
- Avg per participant
Official DOL plan name: Michiana Area Electrical Workers' Money Purchase Plan · Sponsored by Trustees of Michiana Area Elec Workers' Money Purchase Plan · Michigan · Construction
$96M in assets, 959 participants
Trustees of Michiana Area Elec Workers' Money Purchase Plan's Michiana Area Electrical Workers' Money Purchase Plan reported $96M in total assets and 959 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 139,126 plans)
- #9,061 in Construction (9,927 peers)
Where Michiana Area Electrical Workers' Money Purchase Plan sits by assets
Michiana Area Electrical Workers' Money Purchase Plan sits in the top 10% of all filed plans by assets, $96M for 959 participants (~$100,490/participant), down 11.6% in 2022.
- $96M
- total plan assets (2022 EOY)
- 959
- covered participants
- 93rd
- percentile by assets (of 139,126 plans)
- $100,490
- 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.
Michiana Area Electrical Workers' Money Purchase Plan vs the 2022 asset distribution
By assets, Michiana Area Electrical Workers' Money Purchase Plan outranks 93% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $109M |
|---|---|
| Net Assets (End of Year) | $96M |
| Net Income | -$13M |
| Employer EIN | 351861971 |
| Plan Effective Date | 1992-06-01 |
| Filing Status | FILING 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.
Michiana Area Electrical Workers' Money Purchase Plan 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 Michiana Area Electrical Workers' Money Purchase Plan by total assets, not by location.
Frequently Asked Questions
How did Michiana Area Electrical Workers' Money Purchase Plan assets move in 2022? ▼
How have Trustees of Michiana Area Elec Workers' Money Purchase Plan plan assets changed over time? ▼
Where does Michiana Area Electrical Workers' Money Purchase Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Michiana Area Electrical Workers' Money Purchase Plan? ▼
Next read for Michiana Area Electrical Workers' Money …
Scale reading
Ways to act on Michiana Area Electrical Workers' Money Purchase Plan's numbers.
- By total assets, Michiana Area Electrical Workers' Money Purchase Plan ranks in the top 10% 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
- Trustees of Michiana Area Elec Workers' Money Purchase Plan's sponsor-wide assets have grown 28.2% since 2022 across 3 plan years on file. More Construction plans