Money Purchase · DOL Form 5500 · 2023

N.E.L. Corporation Money Purchase Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
128
Participants Small participant base
82nd
Percentile by assets National rank
$290,639
Avg per participant High balance/head
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Official DOL plan name: N.E.L. Corporation Money Purchase Pension Plan · Sponsored by N.E.L. Corporation · Massachusetts · Construction

$37M in assets, 128 participants

N.E.L. Corporation's N.E.L. Corporation Money Purchase Pension Plan reported $37M in total assets and 128 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,269 in Construction (9,030 peers)

Coverage in Massachusetts

N.E.L. Corporation Money Purchase Pension Plan covers 128 participants in Massachusetts, about 19% of the average Massachusetts filer (state average ~659 per filing). Assets: $37M.

#7,269
in Construction (9,030 peers)
+29.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

N.E.L. Corporation Money Purchase Pension Plan's outsized position by total assets

N.E.L. Corporation Money Purchase Pension Plan vs every filed plan by assets

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

$37,201,851 Top 18% higher than 82% 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

N.E.L. Corporation Money Purchase Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. N.E.L. Corporation Money Purchase Pension Plan sits mid-pack in the medium band (128 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • N.E.L. Corporation Money Purchase Pension Plan reported net income rose from $4M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • N.E.L. Corporation Money Purchase Pension Plan end-of-year assets rose from $29M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • N.E.L. Corporation Money Purchase Pension Plan reported participants fell from 147 in the plan year 2022 filing to 128 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 042960711 · N.E.L. Corporation PY 2023 · Money Purchase

N.E.L. Corporation Money Purchase Pension Plan · $37M · 128 · 82nd

  • PART $37M
  • PART 128
  • PART 82nd
  • PART Money Purchase
  • PART near New Jersey Institute for Disabilities Retirement Plan
  • PART ind #7269

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 Massachusetts →

N.E.L. Corporation Money Purchase Pension Plan in the asset neighbourhood

Money Accumulation Pension Plan for Employees of Circles of Care, Inc.Money Accumulation Pension P…$37MI.B.E.W. Local 300 - Unit 1 Pension PlanI.B.E.W. Local 300 - Unit 1 …$37MN.E.L. Corporation Money Purchase Pension PlanN.E.L. Corporation Money Pur…$37MNew Jersey Institute for Disabilities Retirement PlanNew Jersey Institute for Dis…$37MResources for the Future, Inc. 401(a) RetirementResources for the Future, In…$37M
End-of-year total assets ($M) among N.E.L. Corporation Money Purchase Pension Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$37M
Net Income$8M
Employer EIN042960711
Plan Effective Date1987-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (N.E.L. Corporation)

Sponsor-wide plan assets over time

All N.E.L. Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$44M 51.56922647483297% vs 2022
2024 filing year
$25M$30M$35M$40M$45M$50M 202220232024 $28.8M $43.6M ▲ +51.6%
Year Plans Participants Total Assets
2022 1 147 $29M
2023 1 128 $37M
2024 1 159 $44M

Nearby Money Purchase Plans in Massachusetts

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

N.E.L. Corporation Money Purchase Pension Plan vs. nearby Money Purchase plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants N.E.L. Corporation Money Purchase Pension Plan, Total assets ($B): 0.037201851 · Participants: 128N.E.L. Corporation Money Purchase Pension PlanThe Mitre Corporation Qualified Retirement Plan, Total assets ($B): 2.564495046 · Participants: 12551The Mitre Corporation Qualified Retirement PlanRetirement Income Plan for Teaching Faculty of Harvard University, Total assets ($B): 2.165044645 · Participants: 2687Retirement Income Plan for Teaching Faculty of Harvard UniversityMassachusetts Laborers' Annuity Fund, Total assets ($B): 2.163224805 · Participants: 11709Massachusetts Laborers' Annuity FundHarvard University Defined Contribution Retirement Plan, Total assets ($B): 1.763325967 · Participants: 13259Harvard University Defined Contribution Retirement PlanElectrical Workers Deferred Income Plan Local 103, I.B.E.W., Total assets ($B): 1.633331243 · Participants: 8337Electrical Workers Deferred Income Plan Local 103, I.B.E.W.
N.E.L. Corporation Money Purchase Pension Plan vs. nearby Money Purchase plans in Massachusetts, assets vs. participants

N.E.L. Corporation Money Purchase Pension Plan's out-of-state Money Purchase peers by assets and headcount

Outside Massachusetts, the nearest Money Purchase by assets is New Jersey Institute for Disabilities Retirement Plan in NJ ($37M); by covered participants it is Kai Ming, Inc. 403(b) Defined Contribution Retirem in CA (128 participants). Same-state nearby plans are listed separately above.

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 N.E.L. Corporation Money Purchase Pension Plan assets move in 2023?
N.E.L. Corporation Money Purchase Pension Plan grew sharply - up 29.4% during 2023, from $29M to $37M. Reported net income was $8M.
How have N.E.L. Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), N.E.L. Corporation's sponsor-wide assets grew 51.6%, from $29M to $44M.
Where does N.E.L. Corporation Money Purchase Pension Plan rank by assets among Form 5500 filers?
N.E.L. Corporation Money Purchase Pension Plan ranks in the 82nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to N.E.L. Corporation Money Purchase Pension Plan?
Among Money Purchase plans in other states, the closest by assets is New Jersey Institute for Disabilities Retirement Plan in NJ ($37M, 291 participants).
Which Money Purchase plans cover a similar participant headcount to N.E.L. Corporation Money Purchase Pension Plan?
Among Money Purchase plans in other states, the closest by covered participants is Kai Ming, Inc. 403(b) Defined Contribution Retirem in CA (128 participants, $3M in assets).