Money Purchase · DOL Form 5500 · 2023
Drexel Chemical Company Money Purchase Plan
Data updated 2026-08-11
- $10M
- Total assets
- 164
- Participants
- 59th
- Percentile by assets
- $61,673
- Avg per participant
Official DOL plan name: Drexel Chemical Company Money Purchase Pension Plan and Trust · Sponsored by Drexel Chemical Company · Tennessee · Manufacturing
$10M in assets, 164 participants
Drexel Chemical Company's Drexel Chemical Company Money Purchase Pension Plan and Trust reported $10M in total assets and 164 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.
- 59th percentile by assets (of 127,072 plans)
- #8,453 in Manufacturing (18,722 peers)
Coverage in Tennessee
Drexel Chemical Company Money Purchase Pension Plan and Trust covers 164 participants in Tennessee, about 15% of the average Tennessee filer (state average ~1,126 per filing). Assets: $10M.
- $10M
- total plan assets (2023 EOY)
- 164
- covered participants
- 59th
- percentile by assets (of 127,072 plans)
- $61,673
- avg assets per participant
Where Drexel Chemical Company Money Purchase Pension Plan and Trust sits by total assets
Drexel Chemical Company Money Purchase Pension Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$10,114,434 Top 41% higher than 59% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Drexel Chemical Company Money Purchase Pension Plan and Trust reported net income rose from -$1M in the plan year 2022 filing to $954K in the plan year 2023 filing.
- Drexel Chemical Company Money Purchase Pension Plan and Trust reported participants fell from 168 in the plan year 2022 filing to 164 in the plan year 2023 filing.
- Drexel Chemical Company Money Purchase Pension Plan and Trust end-of-year assets rose from $10M in the plan year 2022 filing to $10M in the plan year 2023 filing.
Participants vs Tennessee filers
In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Drexel Chemical Company Money Purchase Pension Plan and Trust reports 164 participants - about 15% of that state average ($10M EOY assets).
Tennessee filing particulars
| Total Assets (Beginning of Year) | $10M |
|---|---|
| Net Assets (End of Year) | $10M |
| Net Income | $954K |
| Employer EIN | 620873303 |
| Plan Effective Date | 1975-06-20 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Drexel Chemical Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 168 | $10M |
| 2023 | 1 | 164 | $10M |
| 2024 | 1 | 195 | $11M |
Nearby Money Purchase Plans in Tennessee
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Drexel Chemical Company Money Purchase Pension Plan and Trust vs. nearby Money Purchase plans in Tennessee, assets vs. participants
- Southern Electrical Retirement Fund $1.9B · 11,228
- IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan $379M · 2,004
- U. a. Local Union No. 614 Pension Plan $196M · 1,248
- Midwest Pipe Trades Retirement Plan $190M · 1,501
- IBEW Local Union No. 915 Pension-Annuity Fund $98M · 1,819
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Drexel Chemical Company Money Purchase Pension Plan and Trust by total assets, not by location.
Frequently Asked Questions
How did Drexel Chemical Company Money Purchase Pension Plan and Trust assets move in 2023? ▼
How have Drexel Chemical Company plan assets changed over time? ▼
Which Money Purchase plans are similar in size to Drexel Chemical Company Money Purchase Pension Plan and Trust? ▼
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Filing takeaways
Ways to act on Drexel Chemical Company Money Purchase Pension Plan and Trust's numbers.
- By total assets, Drexel Chemical Company Money Purchase Pension Plan and Trust ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Tennessee. Compare plans
- Drexel Chemical Company's sponsor-wide assets have grown 10.2% since 2022 across 3 plan years on file. More Manufacturing plans