Money Purchase · DOL Form 5500 · 2023

Wayne Center Money Purchase Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
45
Participants Small participant base
41st
Percentile by assets National rank
$91,076
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Wayne Center 401(a)DC Plan · Sponsored by Wayne Center · Michigan · Healthcare & Social Assistance

$4M in assets, 45 participants

Wayne Center's Wayne Center 401(a)DC Plan reported $4M in total assets and 45 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #7,701 in Healthcare & Social Assistance (17,684 peers)

2023 asset change

Wayne Center 401(a)DC Plan grew at a solid clip 10.7% in 2023 ($4M → $4M) for 45 participants.

#7,701
in Healthcare & Social Assistance (17,684 peers)
+10.7%
assets growth YoY

Wayne Center 401(a)DC Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Wayne Center 401(a)DC Plan vs every filed plan by assets

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

$4,098,400 41st percentile higher than 41% 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

Wayne Center 401(a)DC Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wayne Center 401(a)DC Plan is a small filing (45 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wayne Center 401(a)DC Plan reported net income rose from -$491K in the plan year 2022 filing to $395K in the plan year 2023 filing.
  • Wayne Center 401(a)DC Plan reported participants fell from 52 in the plan year 2022 filing to 45 in the plan year 2023 filing.
  • Wayne Center 401(a)DC Plan end-of-year assets rose from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 382026612 · Wayne Center PY 2023 · Money Purchase

Wayne Center 401(a)DC Plan · $4M · 45 · 41st

  • EOY $4M
  • EOY 45
  • EOY 41st
  • EOY Money Purchase
  • EOY near Charter Oak Federal Credit Union Retirement Plan for Union Employees
  • EOY ind #7701

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 Healthcare & Social Assistance retirement plans → · Plans in Michigan →

Wayne Center 401(a)DC Plan in the asset neighbourhood

Local 210 - Affiliated Annuity FundLocal 210 - Affiliated Annui…$4MWayne Center 401(a)DC Plan$4MCharter Oak Federal Credit Union Retirement Plan for Union EmployeesCharter Oak Federal Credit U…$4MHabitat for Humanity Retirement PlanHabitat for Humanity Retirem…$4MRetail Wholesale Department Store Union Local 1034 Defined Contribution Pension PlanRetail Wholesale Department …$4M
End-of-year total assets ($M) among Wayne Center 401(a)DC Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Wayne Center years around the 2023 move

Sponsor-wide plan assets over time

All Wayne Center plans reported in each filing year

Latest sponsor-wide plan assets
$8M 9.32975326258023% vs 2022
2024 filing year
$6.8M$7M$7.2M$7.4M$7.6M$7.8M 202220232024 $6.92M $7.56M ▲ +9.2%
Year Plans Participants Total Assets
2022 3 81 $7M
2023 3 73 $7M
2024 3 84 $8M

2023 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$395K
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 Scatter plot of 6 data points. -10000010000200003000040000 -0.500.511.5 Total assets ($B) Participants Wayne Center 401(a)DC Plan, Total assets ($B): 0.0040984 · Participants: 45Wayne Center 401(a)DC 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
Wayne Center 401(a)DC Plan vs. nearby Money Purchase plans in Michigan, assets vs. participants
Compare Wayne Center 401(a)DC Plan side-by-side with 3 peers →

Wayne Center 401(a)DC Plan's out-of-state Money Purchase peers by assets and headcount

Outside Michigan, the nearest Money Purchase by assets is Charter Oak Federal Credit Union Retirement Plan for Union Employees in CT ($4M); by covered participants it is The William H. Miner Agricultural Research Institute Pension Plan in NY (45 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 Wayne Center 401(a)DC Plan assets move in 2023? ▼
Wayne Center 401(a)DC Plan grew at a solid clip - up 10.7% during 2023, from $4M to $4M. Reported net income was $395K.
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 Charter Oak Federal Credit Union Retirement Plan for Union Employees in CT ($4M, 145 participants).
Which Money Purchase plans cover a similar participant headcount to Wayne Center 401(a)DC Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is The William H. Miner Agricultural Research Institute Pension Plan in NY (45 participants, $17M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382026612.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.