Money Purchase · DOL Form 5500 · 2024

PMC Money Purchase Plan

Data updated 2026-08-11

$39M
Total assets
16
Participants
81st
Percentile by assets
$2.4M
Avg per participant
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Official DOL plan name: Pmc Employee Retirement Plan · Sponsored by PMC · Tennessee · Finance & Insurance

$39M in assets, 16 participants

PMC's Pmc Employee Retirement Plan reported $39M in total assets and 16 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • 81st percentile by assets (of 123,622 plans)
  • #6,050 in Finance & Insurance (8,549 peers)

Where Pmc Employee Retirement Plan sits by assets

Pmc Employee Retirement Plan sits in the top quartile of all filed plans by assets, $39M for 16 participants (~$2.4M/participant), up 18.1% in 2024.

$39M
total plan assets (2024 EOY)
16
covered participants
81st
percentile by assets (of 123,622 plans)
$2.4M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pmc Employee Retirement Plan reported net income rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Pmc Employee Retirement Plan end-of-year assets rose from $33M in the plan year 2023 filing to $39M in the plan year 2024 filing.
  • Pmc Employee Retirement Plan reported participants fell from 17 in the plan year 2023 filing to 16 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Pmc Employee Retirement Plan vs the 2024 asset distribution

By assets, Pmc Employee Retirement Plan outranks 81% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$39M
Net Income$6M
Employer EIN621426087
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PMC)

$25M$30M$35M$40M$45M 202220232024 $28.6M $39.2M ▲ +37.0%
Total plan assets by year, all PMC plans on file
Year Plans Participants Total Assets
2022 1 18 $29M
2023 1 17 $33M
2024 1 16 $39M

Nearby Money Purchase Plans in Tennessee

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

Pmc Employee Retirement Plan vs. nearby Money Purchase plans in Tennessee, assets vs. participants

Pmc Employee Retirement Plan vs. nearby Money Purchase plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Pmc Employee Retirem…Southern Electrical …IBEW Local 16, AFL-C…Midwest Pipe Trades …U. a. Local Union No…IBEW Local Union No.…
Pmc Employee Retirement Plan vs. nearby Money Purchase plans in Tennessee, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Pmc Employee Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Pmc Employee Retirement Plan assets move in 2024?
Pmc Employee Retirement Plan grew sharply - up 18.1% during 2024, from $33M to $39M. Reported net income was $6M.
How have PMC plan assets changed over time?
Across 3 plan years on file (2022-2024), PMC's sponsor-wide assets grew 37.0%, from $29M to $39M.
Where does Pmc Employee Retirement Plan rank by assets among Form 5500 filers?
Pmc Employee Retirement Plan ranks in the 81st 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 Pmc Employee Retirement Plan?
Among Money Purchase plans in other states, the closest by assets is Southern California Bricklayers Pension Fund in CA ($39M, 2,505 participants).

Scale reading

Ways to act on Pmc Employee Retirement Plan's numbers.