Money Purchase · DOL Form 5500 · 2024

Monroe Plumbers & Pipefitters Local 671 Money Purchase Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
292
Participants Below avg headcount
86th
Percentile by assets National rank
$208,486
Avg per participant Above avg balance/head
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Official DOL plan name: Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust · Sponsored by Monroe Plumbers & Pipefitters Local 671 · Michigan · Construction

$61M in assets, 292 participants

Monroe Plumbers & Pipefitters Local 671's Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust reported $61M in total assets and 292 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,625 in Construction (9,039 peers)

Coverage in Michigan

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust covers 292 participants in Michigan, about 46% of the average Michigan filer (state average ~638 per filing). Assets: $61M.

#7,625
in Construction (9,039 peers)
+10.2%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust's outsized position by total assets

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$60,877,883 Top 14% higher than 86% of 123,620 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 2024

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust sits mid-pack in the medium band (292 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust end-of-year assets rose from $55M in the plan year 2023 filing to $61M in the plan year 2024 filing.
  • Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust reported net income rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust reported participants fell from 301 in the plan year 2023 filing to 292 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 386082588 · Monroe Plumbers & Pipefitters Local 671 PY 2024 · Money Purchase

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust · $61M · 292 · 86th

  • EIN $61M
  • EIN 292
  • EIN 86th
  • EIN Money Purchase
  • EIN near Indiana Members Credit Union Pension Plan
  • EIN ind #7625

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 →

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust in the asset neighbourhood

Local 338 Annuity Fund$61MPlumbers & Pipefitters Local 162 Retirement Savings PlanPlumbers & Pipefitters Local…$61MMonroe Plumbers & Pipefitters Local 671 Retirement Plan and TrustMonroe Plumbers & Pipefitter…$61MIndiana Members Credit Union Pension PlanIndiana Members Credit Union…$61MSheet Metal Workers Local 24 Cincinnati Area Retirement Plan and TrustSheet Metal Workers Local 24…$61M
End-of-year total assets ($M) among Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$61M
Net Income$6M
Employer EIN386082588
Plan Effective Date1962-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Monroe Plumbers & Pipefitters Local 671)

Sponsor-wide plan assets over time

All Monroe Plumbers & Pipefitters Local 671 plans reported in each filing year

Latest sponsor-wide plan assets
$61M 21.500013331936806% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $50.1M $60.9M ▲ +21.5%
Year Plans Participants Total Assets
2022 1 290 $50M
2023 1 301 $55M
2024 1 292 $61M

Nearby Money Purchase Plans in Michigan

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

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust vs. nearby Money Purchase plans in Michigan, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -0.500.511.52 Total assets ($B) Participants Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust, Total assets ($B): 0.060877883 · Participants: 292Monroe Plumbers & Pipefitters Local 671 Retirement Plan and TrustCentral Midwest Regional Council of Carpenters Defined Contribution Pension Plan, Total assets ($B): 1.589855457 · Participants: 35197Central Midwest Regional Council of Carpenters Defined Contribution Pension PlanMichigan Regional Council of Carpenters' Annuity Fund, Total assets ($B): 0.530589285 · Participants: 17855Michigan Regional Council of Carpenters' Annuity FundP & M Holding Group, LLP & Affiliated Entities Pension Plan, Total assets ($B): 0.25021539 · Participants: 1182P & M Holding Group, LLP & Affiliated Entities Pension PlanOperating Engineers' Local 324, Defined Contribution Pension Plan, Total assets ($B): 0.247791514 · Participants: 7667Operating Engineers' Local 324, Defined Contribution Pension PlanMichigan Laborers' Annuity Fund, Total assets ($B): 0.129114976 · Participants: 4355Michigan Laborers' Annuity Fund
Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust vs. nearby Money Purchase plans in Michigan, assets vs. participants
Compare Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust side-by-side with 3 peers →

Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust's out-of-state Money Purchase peers by assets and headcount

Outside Michigan, the nearest Money Purchase by assets is Indiana Members Credit Union Pension Plan in IN ($61M); by covered participants it is Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust in MD (294 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (292 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust assets move in 2024? ▼
Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust grew at a solid clip - up 10.2% during 2024, from $55M to $61M. Reported net income was $6M.
How have Monroe Plumbers & Pipefitters Local 671 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Monroe Plumbers & Pipefitters Local 671's sponsor-wide assets grew 21.5%, from $50M to $61M.
Where does Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust rank by assets among Form 5500 filers? ▼
Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust? ▼
Among Money Purchase plans in other states, the closest by assets is Indiana Members Credit Union Pension Plan in IN ($61M, 410 participants).
Which Money Purchase plans cover a similar participant headcount to Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust? ▼
Among Money Purchase plans in other states, the closest by covered participants is Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust in MD (294 participants, $129M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 386082588.

Read our methodology - how this data is sourced, computed, and verified.

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