Money Purchase · DOL Form 5500 · 2024

Richard P. Mellon 1965 Trust Money Purchase Plan

Data updated 2026-08-11

$135K
Total assets
6
Participants
8th
Percentile by assets
$22,573
Avg per participant
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Official DOL plan name: Retirement Plan of Richard P. Mellon 1965 Trust · Sponsored by Richard P. Mellon 1965 Trust · Pennsylvania · Professional & Technical Services

$135K in assets, 6 participants

Richard P. Mellon 1965 Trust's Retirement Plan of Richard P. Mellon 1965 Trust reported $135K in total assets and 6 participants in its 2024 DOL Form 5500 filing, ranking in the 8th 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.

  • 8th percentile by assets (of 123,622 plans)
  • #1,327 in Professional & Technical Services (20,173 peers)

Richard P. Mellon 1965 Trust multi-year trail

Richard P. Mellon 1965 Trust's plans moved -54.5% in assets from 2022 to 2024; this filing shows Retirement Plan of Richard P. Mellon 1965 Trust at $135K / 6 participants.

$135K
total plan assets (2024 EOY)
6
covered participants
8th
percentile by assets (of 123,622 plans)
$22,573
avg assets per participant

The plan reported a net loss of $113K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan of Richard P. Mellon 1965 Trust reported net income fell from -$50K in the plan year 2023 filing to -$113K in the plan year 2024 filing.
  • Retirement Plan of Richard P. Mellon 1965 Trust end-of-year assets fell from $248K in the plan year 2023 filing to $135K in the plan year 2024 filing.
  • Retirement Plan of Richard P. Mellon 1965 Trust reported participants fell from 7 in the plan year 2023 filing to 6 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Richard P. Mellon 1965 Trust across 3 plan years on file

Across the 3 plan years Richard P. Mellon 1965 Trust has on file (2022-2024), sponsor-wide plan assets have moved from $298K to $135K, a decline of 54.5%, while reported participants moved from 12 to 6 (-50.0%). Peak year by sponsor assets: 2022 ($298K); trough: 2024 ($135K).

Richard P. Mellon 1965 Trust multi-year asset trail

$0.1M$0.15M$0.2M$0.25M$0.3M$0.35M 202220232024 $0.3M $0.14M ▼ -53.3%
Total plan assets by year, all Richard P. Mellon 1965 Trust plans on file
Year Plans Participants Total Assets
2022 1 12 $298K
2023 1 7 $248K
2024 1 6 $135K

Richard P. Mellon 1965 Trust filing trail (2024)

Total Assets (Beginning of Year)$248K
Net Assets (End of Year)$135K
Net Income-$113K
Employer EIN256072939
Plan Effective Date1969-07-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in Pennsylvania

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Retirement Plan of Richard P. Mellon 1965 Trust vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants

Retirement Plan of Richard P. Mellon 1965 Trust vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -20002004006008001000 Total assets ($M) Participants Retirement Plan of R…Central Pennsylvania…Duane Morris Retirem…IBEW Local Union 375…Milton Hershey Schoo…Retirement Plan for …
Retirement Plan of Richard P. Mellon 1965 Trust vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Retirement Plan of Richard P. Mellon 1965 Trust by total assets, not by location.

Frequently Asked Questions

How did Retirement Plan of Richard P. Mellon 1965 Trust assets move in 2024?
Retirement Plan of Richard P. Mellon 1965 Trust contracted severely - down 45.4% during 2024, from $248K to $135K. Reported net income was -$113K.
How have Richard P. Mellon 1965 Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), Richard P. Mellon 1965 Trust's sponsor-wide assets declined 54.5%, from $298K to $135K.
Where does Retirement Plan of Richard P. Mellon 1965 Trust rank by assets among Form 5500 filers?
Retirement Plan of Richard P. Mellon 1965 Trust ranks in the 8th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Money Purchase plans are similar in size to Retirement Plan of Richard P. Mellon 1965 Trust?
Among Money Purchase plans in other states, the closest by assets is Teaneck Federal Credit Union Pension Plan in NJ ($135K, 1 participant).

Next read for Retirement Plan of Richard P. Mellon 196…

Multi-year trail

Ways to act on Retirement Plan of Richard P. Mellon 1965 Trust's numbers.