Defined Benefit (Pension) · DOL Form 5500 · 2023

Michigan Bac Pension Fund Pension Plan

Data updated 2026-08-25

$186M
Total assets Near avg plan size
1,140
Participants Near avg headcount
94th
Percentile by assets National rank
$162,976
Avg per participant Above avg balance/head
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Official DOL plan name: Michigan Bac Pension Fund · Sponsored by Michigan Bac Pension Fund · Michigan · Construction

$186M in assets, 1,140 participants

Michigan Bac Pension Fund's Michigan Bac Pension Fund reported $186M in total assets and 1,140 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,420 in Construction (9,030 peers)

Where Michigan Bac Pension Fund sits by assets

Michigan Bac Pension Fund sits in the top 10% of all filed plans by assets, $186M for 1,140 participants (~$162,976/participant), up 11.4% in 2023.

#8,420
in Construction (9,030 peers)
+11.4%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Michigan Bac Pension Fund's outsized position by total assets

Michigan Bac Pension Fund vs every filed plan by assets

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

$185,792,537 Top 6% higher than 94% 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

Michigan Bac Pension Fund'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. Michigan Bac Pension Fund lands in the large band (1,140 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michigan Bac Pension Fund reported net income rose from $1M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Michigan Bac Pension Fund end-of-year assets rose from $167M in the plan year 2022 filing to $186M in the plan year 2023 filing.
  • Michigan Bac Pension Fund reported participants rose from 1,120 in the plan year 2022 filing to 1,140 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 382895943 · Michigan Bac Pension Fund PY 2023 · Defined Benefit (Pension)

Michigan Bac Pension Fund · $186M · 1,140 · 94th

  • BOY $186M
  • BOY 1,140
  • BOY 94th
  • BOY Defined Benefit (Pension)
  • BOY near Retirement Plan for Employees of Woods Hole Oceanographic Institution
  • BOY ind #8420

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 →

Michigan Bac Pension Fund in the asset neighbourhood

Amerihealth Caritas Pension PlanAmerihealth Caritas Pension …$186MLaundry, Dry Cleaning Workers & Allied Industries Retirement Fund, Workers UnitedLaundry, Dry Cleaning Worker…$186MRetirement Plan for Employees of Woods Hole Oceanographic InstitutionRetirement Plan for Employee…$186MMichigan Bac Pension Fund$186MIBEW Local No. 100 Pension PlanIBEW Local No. 100 Pension P…$185M
End-of-year total assets ($M) among Michigan Bac Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$167M
Net Assets (End of Year)$184M
Net Income$18M
Employer EIN382895943
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Bac Pension Fund)

Sponsor-wide plan assets over time

All Michigan Bac Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$195M 16.849106010514987% vs 2022
2024 filing year
$160M$170M$180M$190M$200M 202220232024 $167M $195M ▲ +16.8%
Year Plans Participants Total Assets
2022 1 1,120 $167M
2023 1 1,140 $186M
2024 1 1,207 $195M

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Michigan Bac Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Michigan Bac Pension Fund, Total assets ($B): 0.185792537 · Participants: 1140Michigan Bac Pension FundGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Michigan Bac Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Michigan Bac Pension Fund side-by-side with 3 peers →

Michigan Bac Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Woods Hole Oceanographic Institution in MA ($186M); by covered participants it is The Retirement Plan of Central Georgia Health Systems, Inc. in GA (1,140 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,140 participants); asset peers above are excluded.

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 Michigan Bac Pension Fund assets move in 2023? ▼
Michigan Bac Pension Fund grew at a solid clip - up 11.4% during 2023, from $167M to $186M. Reported net income was $18M.
How have Michigan Bac Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michigan Bac Pension Fund's sponsor-wide assets grew 16.8%, from $167M to $195M.
Where does Michigan Bac Pension Fund rank by assets among Form 5500 filers? ▼
Michigan Bac Pension Fund ranks in the 94th 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 Defined Benefit (Pension) plans are similar in size to Michigan Bac Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Woods Hole Oceanographic Institution in MA ($186M, 300 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Michigan Bac Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Retirement Plan of Central Georgia Health Systems, Inc. in GA (1,140 participants, $293M 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 382895943.

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.