Other
2023 plan-year Other DOL Form 5500

Michigan Bac Pension Fund

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Michigan Bac Pension Fund ยท Michigan ยท Construction

What the 2023 filing shows

Michigan Bac Pension Fund holds $186M for 1,140 participants - about $162,976 per participant, up 11.4% over the 2023 plan year.

$186M
total plan assets (2023 EOY)
1,140
covered participants
$162,976
avg assets per participant
+11.4%
assets growth YoY
Total Assets (2023)
$186M
Participants
1,140
State
Industry
Construction

What the Filing Says About Michigan Bac Pension Fund

Michigan Bac Pension Fund is a Other retirement plan sponsored by Michigan Bac Pension Fund, headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $186M in total end-of-year assets and covers 1,140 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 382895943, and the plan has been effective since 1989-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $167M at the beginning of 2023 to $186M at year-end โ€” a gain of 11.4%. Net assets (after liabilities) closed the year at $184M, with reported net income of $18M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$167M
Total Assets (End of Year)$186M
Net Assets (End of Year)$184M
Net Income$18M
Plan TypeOther
Employer EIN382895943
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Bac Pension Fund)

Year Plans Participants Total Assets
2022 1 1,120 $167M
2023 1 1,140 $186M
2024 1 1,207 $195M

Nearby Other Plans in Michigan

Peer Other plans โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the Michigan Bac Pension Fund?
As of the 2023 Form 5500 filing, Michigan Bac Pension Fund holds $186M in total assets with 1,140 participants. It is sponsored by Michigan Bac Pension Fund.
What type of plan is Michigan Bac Pension Fund?
Michigan Bac Pension Fund is a Other plan. It has been effective since 1989-05-01. The plan is filed with the U.S. Department of Labor under EIN 382895943.
Who sponsors the Michigan Bac Pension Fund?
Michigan Bac Pension Fund is sponsored by Michigan Bac Pension Fund, located in Michigan. The sponsor's EIN is 382895943 and the plan operates in the Construction industry.
How did Michigan Bac Pension Fund perform in 2023?
Michigan Bac Pension Fund grew by 11.4% during 2023, moving from $167M to $186M in total assets. Net income was $18M.
Where can I find official filings for Michigan Bac Pension Fund?
Official Form 5500 filings for Michigan Bac Pension Fund are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 382895943 or plan name at efast.dol.gov.
How does Michigan Bac Pension Fund compare to other plans?
You can compare Michigan Bac Pension Fund against other Other plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 382895943.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

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