Money Purchase · DOL Form 5500 · 2023

Monroe Plumbers & Pipefitters Local 671 Money Purchase Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
301
Participants Below avg headcount
87th
Percentile by assets National rank
$183,612
Avg per participant Above avg balance/head
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Official DOL plan name: Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust · Sponsored by Monroe Plumbers & Pipefitters Local 671 · Michigan · Construction

$55M in assets, 301 participants

Monroe Plumbers & Pipefitters Local 671's Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust reported $55M in total assets and 301 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,621 in Construction (9,030 peers)

Coverage in Michigan

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust covers 301 participants in Michigan, about 47% of the average Michigan filer (state average ~638 per filing). Assets: $55M.

#7,621
in Construction (9,030 peers)
+10.3%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust's outsized position by total assets

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$55,267,140 Top 13% higher than 87% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust sits mid-pack in the medium band (301 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust reported net income rose from -$13M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust end-of-year assets rose from $50M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust reported participants rose from 290 in the plan year 2022 filing to 301 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 386082588 · Monroe Plumbers & Pipefitters Local 671 PY 2023 · Money Purchase

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust · $55M · 301 · 87th

  • VS-ST $55M
  • BOY 301
  • SCH 87th
  • EBSA Money Purchase
  • PART near Plumbers and Pipefitters of the Carolinas Defined Contribution Plan
  • TYPE ind #7621

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Michigan →

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust in the asset neighbourhood

Operating Eng. Local 474 Defined ContributionOperating Eng. Local 474 Def…$56MLocal 18 Int'l Assoc. of Heat & Frost Insulators & Allied Workers Supplemental Pension FundLocal 18 Int'l Assoc. of Hea…$56MSheet Metal Workers' Local 206 Section 401(a) PlanSheet Metal Workers' Local 2…$55MMonroe Plumbers & Pipefitters Local 671 Retirement Plan and TrustMonroe Plumbers & Pipefitter…$55MPlumbers and Pipefitters of the Carolinas Defined Contribution PlanPlumbers and Pipefitters of …$55M
End-of-year total assets ($M) among Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$55M
Net Income$5M
Employer EIN386082588
Plan Effective Date1962-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Monroe Plumbers & Pipefitters Local 671)

Sponsor-wide plan assets over time

All Monroe Plumbers & Pipefitters Local 671 plans reported in each filing year

Latest sponsor-wide plan assets
$61M 21.500013331936806% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $50.1M $60.9M ▲ +21.5%
Year Plans Participants Total Assets
2022 1 290 $50M
2023 1 301 $55M
2024 1 292 $61M

Nearby Money Purchase Plans in Michigan

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

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust vs. nearby Money Purchase plans in Michigan, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -0.500.511.5 Total assets ($B) Participants Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust, Total assets ($B): 0.05526714 · Participants: 301Monroe Plumbers & Pipefitters Local 671 Retirement Plan and TrustCentral Midwest Regional Council of Carpenters Defined Contribution Pension Plan, Total assets ($B): 1.421429732 · Participants: 31968Central Midwest Regional Council of Carpenters Defined Contribution Pension PlanMichigan Regional Council of Carpenters' Annuity Fund, Total assets ($B): 0.50045968 · Participants: 17454Michigan Regional Council of Carpenters' Annuity FundMillwrights' Local 1102 Supplemental Pension Fund, Total assets ($B): 0.305771293 · Participants: 2267Millwrights' Local 1102 Supplemental Pension FundOperating Engineers' Local 324, Defined Contribution Pension Plan, Total assets ($B): 0.236635964 · Participants: 7464Operating Engineers' Local 324, Defined Contribution Pension PlanP & M Holding Group, LLP & Affiliated Entities Pension Plan, Total assets ($B): 0.226480347 · Participants: 1081P & M Holding Group, LLP & Affiliated Entities Pension Plan
Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust vs. nearby Money Purchase plans in Michigan, assets vs. participants

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust's out-of-state Money Purchase peers by assets and headcount

Outside Michigan, the nearest Money Purchase by assets is Plumbers and Pipefitters of the Carolinas Defined Contribution Plan in FL ($55M); by covered participants it is Employers and Cement Masons Local 90 Pension Plan in IL (302 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust assets move in 2023?
Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust grew at a solid clip - up 10.3% during 2023, from $50M to $55M. Reported net income was $5M.
How have Monroe Plumbers & Pipefitters Local 671 plan assets changed over time?
Across 3 plan years on file (2022-2024), Monroe Plumbers & Pipefitters Local 671's sponsor-wide assets grew 21.5%, from $50M to $61M.
Where does Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust rank by assets among Form 5500 filers?
Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust?
Among Money Purchase plans in other states, the closest by assets is Plumbers and Pipefitters of the Carolinas Defined Contribution Plan in FL ($55M, 1,094 participants).
Which Money Purchase plans cover a similar participant headcount to Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust?
Among Money Purchase plans in other states, the closest by covered participants is Employers and Cement Masons Local 90 Pension Plan in IL (302 participants, $78M in assets).