Money Purchase · DOL Form 5500 · 2022

Wayne Center Money Purchase Plan

Data updated 2026-08-11

$4M
Total assets
52
Participants
44th
Percentile by assets
$71,215
Avg per participant
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Official DOL plan name: Wayne Center 401(a)DC Plan · Sponsored by Wayne Center · Michigan · Healthcare & Social Assistance

$4M in assets, 52 participants

Wayne Center's Wayne Center 401(a)DC Plan reported $4M in total assets and 52 participants in its 2022 DOL Form 5500 filing, ranking in the 44th 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.

  • 44th percentile by assets (of 139,126 plans)
  • #9,836 in Healthcare & Social Assistance (20,060 peers)

2022 asset change

Wayne Center 401(a)DC Plan pulled back noticeably 11.7% in 2022 ($4M → $4M) for 52 participants.

$4M
total plan assets (2022 EOY)
52
covered participants
44th
percentile by assets (of 139,126 plans)
$71,215
avg assets per participant

The plan reported a net loss of $491K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

2022 asset move for Wayne Center 401(a)DC Plan

Year over year, total assets pulled back noticeably from $4M at the start of 2022 to $4M at year-end (down 11.7%). Net assets closed at $4M; reported net income -$491K.

Wayne Center years around the 2022 move

$6.8M$7M$7.2M$7.4M$7.6M$7.8M 202220232024 $6.92M $7.56M ▲ +9.2%
Total plan assets by year, all Wayne Center plans on file
Year Plans Participants Total Assets
2022 3 81 $7M
2023 3 73 $7M
2024 3 84 $8M

2022 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$491K
Employer EIN382026612
Plan Effective Date1976-02-02
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in Michigan

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

Wayne Center 401(a)DC Plan vs. nearby Money Purchase plans in Michigan, assets vs. participants

Wayne Center 401(a)DC Plan vs. nearby Money Purchase plans in Michigan, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20002004006008001000 Total assets ($M) Participants Wayne Center 401(a)D…Indiana/Kentucky/Ohi…Michigan Regional Co…Millwrights' Local 1…Operating Engineers'…P & M Holding Group,…
Wayne Center 401(a)DC Plan vs. nearby Money Purchase plans in Michigan, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Wayne Center 401(a)DC Plan by total assets, not by location.

Frequently Asked Questions

How did Wayne Center 401(a)DC Plan assets move in 2022?
Wayne Center 401(a)DC Plan pulled back noticeably - down 11.7% during 2022, from $4M to $4M. Reported net income was -$491K.
How have Wayne Center plan assets changed over time?
Across 3 plan years on file (2022-2024), Wayne Center's sponsor-wide assets grew 9.3%, from $7M to $8M.
Which Money Purchase plans are similar in size to Wayne Center 401(a)DC Plan?
Among Money Purchase plans in other states, the closest by assets is Local 210 - Affiliated Annuity Fund in NY ($4M, 193 participants).

2022 change

Ways to act on Wayne Center 401(a)DC Plan's numbers.