Money Purchase · DOL Form 5500 · 2024
Richard King Mellon Foundation Money Purchase Plan
Data updated 2026-08-11
- $10M
- Total assets
- 21
- Participants
- 56th
- Percentile by assets
- $488,977
- Avg per participant
Official DOL plan name: Retirement Plan of Richard King Mellon Foundation · Sponsored by Richard King Mellon Foundation · Pennsylvania · Other Services
$10M in assets, 21 participants
Richard King Mellon Foundation's Retirement Plan of Richard King Mellon Foundation reported $10M in total assets and 21 participants in its 2024 DOL Form 5500 filing, ranking in the 56th 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.
- 56th percentile by assets (of 123,622 plans)
- #5,778 in Other Services (7,719 peers)
What the 2024 filing shows
Retirement Plan of Richard King Mellon Foundation holds $10M for 21 participants - about $488,977 per participant, above the median plan by assets.
- $10M
- total plan assets (2024 EOY)
- 21
- covered participants
- 56th
- percentile by assets (of 123,622 plans)
- $488,977
- avg assets per participant
The plan reported a net loss of $485K 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 King Mellon Foundation reported net income fell from $11K in the plan year 2023 filing to -$485K in the plan year 2024 filing.
- Retirement Plan of Richard King Mellon Foundation reported participants fell from 22 in the plan year 2023 filing to 21 in the plan year 2024 filing.
- Retirement Plan of Richard King Mellon Foundation end-of-year assets fell from $11M in the plan year 2023 filing to $10M in the plan year 2024 filing.
Money Purchase filing for Retirement Plan of Richard King Mellon Foundation
Money Purchase filing for plan year 2024: EIN 251127705 ; effective since 1969-07-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.
Filing particulars (2024)
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $10M |
| Net Income | -$485K |
| Employer EIN | 251127705 |
| Plan Effective Date | 1969-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Richard King Mellon Foundation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 26 | $11M |
| 2023 | 1 | 22 | $11M |
| 2024 | 1 | 21 | $10M |
Nearby Money Purchase Plans in Pennsylvania
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Retirement Plan of Richard King Mellon Foundation vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants
- Central Pennsylvania Teamsters Retirement Income Plan 1987 $806M · 3,427
- Duane Morris Retirement Plan $338M · 484
- IBEW Local Union 375 Electricians' Retirement Plan $193M · 657
- Milton Hershey School Money Purchase Pension Plan $181M · 1,500
- Retirement Plan for Faculty, Administrative and Professional Employees of University of Scranton $154M · 602
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Retirement Plan of Richard King Mellon Foundation by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Retirement Plan of Richard King Mellon Foundation's numbers.
- By total assets, Retirement Plan of Richard King Mellon Foundation ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Pennsylvania. Compare plans
- Richard King Mellon Foundation's sponsor-wide assets have declined 4.4% since 2022 across 3 plan years on file. More Other Services plans