Money Purchase · DOL Form 5500 · 2023
Board of Trustees, Michigan Laborers' Annuity Fund Money Purchase Plan
Data updated 2026-08-25
- $119M
- Total assets Near avg plan size
- 21,709
- Participants Very large workforce
- 92nd
- Percentile by assets National rank
- $5,464
- Avg per participant Low balance/head
Official DOL plan name: Michigan Laborers' Annuity Fund · Sponsored by Board of Trustees, Michigan Laborers' Annuity Fund · Michigan · Construction
$119M in assets, 21,709 participants
Board of Trustees, Michigan Laborers' Annuity Fund's Michigan Laborers' Annuity Fund reported $119M in total assets and 21,709 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- #8,193 in Construction (9,030 peers)
Coverage in Michigan
Michigan Laborers' Annuity Fund covers 21,709 participants in Michigan, 34x the typical Michigan plan (state average ~638 per filing). Assets: $119M.
- #8,193
- in Construction (9,030 peers)
- +18.6%
- assets growth YoY
- 1.2×
- vs typical plan assets (national mean)
Michigan Laborers' Annuity Fund's outsized position by total assets
Michigan Laborers' Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$118,611,594 Top 8% higher than 92% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Michigan Laborers' Annuity Fund's mega-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 Laborers' Annuity Fund is a mega filing (21,709 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Michigan Laborers' Annuity Fund reported net income rose from $8M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- Michigan Laborers' Annuity Fund end-of-year assets rose from $100M in the plan year 2022 filing to $119M in the plan year 2023 filing.
- Michigan Laborers' Annuity Fund reported participants rose from 20,434 in the plan year 2022 filing to 21,709 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 383345443 · Board of Trustees, Michigan Laborers' Annuity Fund PY 2023 · Money Purchase
Michigan Laborers' Annuity Fund · $119M · 21,709 · 92nd
- ASSETS $119M
- ASSETS 21,709
- ASSETS 92nd
- ASSETS Money Purchase
- ASSETS near Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust
- ASSETS ind #8193
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 Laborers' Annuity Fund in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $100M |
|---|---|
| Net Assets (End of Year) | $118M |
| Net Income | $19M |
| Employer EIN | 383345443 |
| Plan Effective Date | 1997-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Michigan Laborers' Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees, Michigan Laborers' Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $129M 29.06437631126717% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 20,434 | $100M |
| 2023 | 1 | 21,709 | $119M |
| 2024 | 1 | 4,355 | $129M |
Nearby Money Purchase Plans in Michigan
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Central Midwest Regional Council of Carpenters Defined Contribution Pension Plan $1.4B · 31,968
- Michigan Regional Council of Carpenters' Annuity Fund $500M · 17,454
- Millwrights' Local 1102 Supplemental Pension Fund $306M · 2,267
- Operating Engineers' Local 324, Defined Contribution Pension Plan $237M · 7,464
- P & M Holding Group, LLP & Affiliated Entities Pension Plan $226M · 1,081
Scale composition for Michigan Laborers' Annuity Fund
Michigan Laborers' Annuity Fund reports $119M in end-of-year assets across 21,709 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $5,464 per participant (4% of the national average assets-per-participant) . Net income for plan year 2023 was $19M.
This plan identity (EIN 383345443, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $100M to $129M (+29.1%) while covered participants moved from 20,434 to 4,355 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 20,434 | $100M | Open filing |
| 2023 | 21,709 | $119M | This page |
| 2024 · index core | 4,355 | $129M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Michigan Laborers' Annuity Fund (Money Purchase, $129M, 4,355 participants)
Michigan Laborers' Annuity Fund's out-of-state Money Purchase peers by assets and headcount
Outside Michigan, the nearest Money Purchase by assets is Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust in MD ($119M); by covered participants it is Pension Trust Fund for Operating Engineers Annuity Plan in CA (22,615 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($119M here).
- Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust (MD) $119M · 280
- Bloodworks Northwest Retirement Plan (WA) $118M · 694
- Rosalind Franklin University of Medicine and Science Qualified Money Purchase Pension Plan and Trust (IL) $119M · 517
- IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan (AZ) $120M · 3,942
Similar participant headcount
Nearest other-state filings by covered participants (21,709 participants); asset peers above are excluded.
- Pension Trust Fund for Operating Engineers Annuity Plan (CA) 22,615 · 906 off
- Ufcw No. California Food Employers Joint Individual Account Plan (CA) 22,868 · 1,159 off
- Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan (CA) 23,168 · 1,459 off
- University of Southern California Defined Contribution Retirement Plan (CA) 20,136 · 1,573 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.