Money Purchase · DOL Form 5500 · 2022
Board of Trustees of the Money Purchase Retirement Plan U.a. Local Money Purchase Plan
Data updated 2026-08-11
- $32M
- Total assets
- 460
- Participants
- 84th
- Percentile by assets
- $70,475
- Avg per participant
Official DOL plan name: Money Purchase Retirement Plan of U.a. Local 716 · Sponsored by Board of Trustees of the Money Purchase Retirement Plan U.a. Local · Connecticut · Construction
$32M in assets, 460 participants
Board of Trustees of the Money Purchase Retirement Plan U.a. Local's Money Purchase Retirement Plan of U.a. Local 716 reported $32M in total assets and 460 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.
- 84th percentile by assets (of 139,126 plans)
- #8,194 in Construction (9,927 peers)
Where Money Purchase Retirement Plan of U.a. Local 716 sits by assets
Money Purchase Retirement Plan of U.a. Local 716 sits in the top quartile of all filed plans by assets, $32M for 460 participants (~$70,475/participant), down 17.8% in 2022.
- $32M
- total plan assets (2022 EOY)
- 460
- covered participants
- 84th
- percentile by assets (of 139,126 plans)
- $70,475
- avg assets per participant
The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Money Purchase Retirement Plan of U.a. Local 716 vs the 2022 asset distribution
By assets, Money Purchase Retirement Plan of U.a. Local 716 outranks 84% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $39M |
|---|---|
| Net Assets (End of Year) | $32M |
| Net Income | -$7M |
| Employer EIN | 010219039 |
| Plan Effective Date | 1982-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Money Purchase Retirement Plan U.a. Local)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 460 | $32M |
| 2023 | 1 | 447 | $36M |
| 2024 | 1 | 340 | $37M |
Nearby Money Purchase Plans in Connecticut
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Money Purchase Retirement Plan of U.a. Local 716 vs. nearby Money Purchase plans in Connecticut, assets vs. participants
- New England Electrical Workers Money Purchase Plan and Trust $608M · 7,904
- Equinor US Holdings Inc. Money Purchase Pension Plan $142M · 593
- Southern Ct IBEW Annuity Plan $71M · 479
- Swisher International Inc. Defined Contribution Plan for Salaried Employees $17M · 462
- Church Homes, Inc., Congregational Defined Contribution Retirement Plan $13M · 187
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Money Purchase Retirement Plan of U.a. Local 716 by total assets, not by location.
Frequently Asked Questions
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Where does Money Purchase Retirement Plan of U.a. Local 716 rank by assets among Form 5500 filers? ▼
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Scale reading
Ways to act on Money Purchase Retirement Plan of U.a. Local 716's numbers.
- By total assets, Money Purchase Retirement Plan of U.a. Local 716 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 Connecticut. Compare plans
- Board of Trustees of the Money Purchase Retirement Plan U.a. Local's sponsor-wide assets have grown 13.8% since 2022 across 3 plan years on file. More Construction plans