Money Purchase · DOL Form 5500 · 2023

Trustees of Michiana Area Elec Workers' Money Purchase Plan Money Purchase Plan

Data updated 2026-08-25

$110M
Total assets Near avg plan size
1,017
Participants Near avg headcount
92nd
Percentile by assets National rank
$108,309
Avg per participant Below avg balance/head
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Official DOL plan name: Michiana Area Electrical Workers' Money Purchase Plan · Sponsored by Trustees of Michiana Area Elec Workers' Money Purchase Plan · Michigan · Construction

$110M in assets, 1,017 participants

Trustees of Michiana Area Elec Workers' Money Purchase Plan's Michiana Area Electrical Workers' Money Purchase Plan reported $110M in total assets and 1,017 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,150 in Construction (9,030 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, $110M for 1,017 participants (~$108,309/participant), up 14.3% in 2023.

#8,150
in Construction (9,030 peers)
+14.3%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Michiana Area Electrical Workers' Money Purchase Plan's outsized position by total assets

Michiana Area Electrical Workers' Money Purchase Plan vs every filed plan by assets

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

$110,150,659 Top 8% higher than 92% 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

Michiana Area Electrical Workers' Money Purchase Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michiana Area Electrical Workers' Money Purchase Plan lands in the large band (1,017 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michiana Area Electrical Workers' Money Purchase Plan reported net income rose from -$13M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Michiana Area Electrical Workers' Money Purchase Plan end-of-year assets rose from $96M in the plan year 2022 filing to $110M in the plan year 2023 filing.
  • Michiana Area Electrical Workers' Money Purchase Plan reported participants rose from 959 in the plan year 2022 filing to 1,017 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 351861971 · Trustees of Michiana Area Elec Workers' Money Purchase Plan PY 2023 · Money Purchase

Michiana Area Electrical Workers' Money Purchase Plan · $110M · 1,017 · 92nd

  • BOY $110M
  • BOY 1,017
  • BOY 92nd
  • BOY Money Purchase
  • BOY near Retirement Plan for Paralegals and Partners of Curtis,Mallet-Prevost, Colt & Mosle LLP
  • BOY ind #8150

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 →

Michiana Area Electrical Workers' Money Purchase Plan in the asset neighbourhood

IBEW Local 480 Pension Plan$112MMichiana Area Electrical Workers' Money Purchase PlanMichiana Area Electrical Wor…$110MRetirement Plan for Paralegals and Partners of Curtis,Mallet-Prevost, Colt & Mosle LLPRetirement Plan for Paralega…$110MCentrastate Healthcare System Retirement PlanCentrastate Healthcare Syste…$110MEga Money Purchase Pension PlanEga Money Purchase Pension P…$108M
End-of-year total assets ($M) among Michiana Area Electrical Workers' Money Purchase Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$96M
Net Assets (End of Year)$110M
Net Income$14M
Employer EIN351861971
Plan Effective Date1992-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Michiana Area Elec Workers' Money Purchase Plan)

Sponsor-wide plan assets over time

All Trustees of Michiana Area Elec Workers' Money Purchase Plan plans reported in each filing year

Latest sponsor-wide plan assets
$124M 28.15954701356638% vs 2022
2024 filing year
$90M$100M$110M$120M$130M 202220232024 $96.4M $124M ▲ +28.2%
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 Scatter plot of 6 data points. -10000010000200003000040000 00.511.5 Total assets ($B) Participants Michiana Area Electrical Workers' Money Purchase Plan, Total assets ($B): 0.110150659 · Participants: 1017Michiana Area Electrical Workers' Money Purchase PlanCentral 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
Michiana Area Electrical Workers' Money Purchase Plan vs. nearby Money Purchase plans in Michigan, assets vs. participants

Michiana Area Electrical Workers' Money Purchase Plan's out-of-state Money Purchase peers by assets and headcount

Outside Michigan, the nearest Money Purchase by assets is Retirement Plan for Paralegals and Partners of Curtis,Mallet-Prevost, Colt & Mosle LLP in NY ($110M); by covered participants it is Sheet Metal Workers' Local 206 Section 401(a) Plan in CA (1,021 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 Michiana Area Electrical Workers' Money Purchase Plan assets move in 2023?
Michiana Area Electrical Workers' Money Purchase Plan grew at a solid clip - up 14.3% during 2023, from $96M to $110M. Reported net income was $14M.
How have Trustees of Michiana Area Elec Workers' Money Purchase Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Michiana Area Elec Workers' Money Purchase Plan's sponsor-wide assets grew 28.2%, from $96M to $124M.
Where does Michiana Area Electrical Workers' Money Purchase Plan rank by assets among Form 5500 filers?
Michiana Area Electrical Workers' Money Purchase Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to Michiana Area Electrical Workers' Money Purchase Plan?
Among Money Purchase plans in other states, the closest by assets is Retirement Plan for Paralegals and Partners of Curtis,Mallet-Prevost, Colt & Mosle LLP in NY ($110M, 58 participants).
Which Money Purchase plans cover a similar participant headcount to Michiana Area Electrical Workers' Money Purchase Plan?
Among Money Purchase plans in other states, the closest by covered participants is Sheet Metal Workers' Local 206 Section 401(a) Plan in CA (1,021 participants, $55M in assets).