Money Purchase · DOL Form 5500 · 2024

Trustees of Michiana Area Elec Workers' Money Purchase Plan Money Purchase Plan

Data updated 2026-08-25

$124M
Total assets Near avg plan size
782
Participants Near avg headcount
92nd
Percentile by assets National rank
$157,938
Avg per participant Above avg balance/head
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Official DOL plan name: Michiana Area Electrical Workers' Money Purchase Plan · Sponsored by Trustees of Michiana Area Elec Workers' Money Purchase Plan · Michigan · Construction

$124M in assets, 782 participants

Trustees of Michiana Area Elec Workers' Money Purchase Plan's Michiana Area Electrical Workers' Money Purchase Plan reported $124M in total assets and 782 participants in its 2024 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.

  • #8,170 in Construction (9,039 peers)

Where Michiana Area Electrical Workers' Money Purchase Plan sits by assets

Michiana Area Electrical Workers' Money Purchase Plan sits in the top 10% of all filed plans by assets, $124M for 782 participants (~$157,938/participant), up 12.1% in 2024.

#8,170
in Construction (9,039 peers)
+12.1%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Michiana Area Electrical Workers' Money Purchase Plan's outsized position by total assets

Michiana Area Electrical Workers' Money Purchase Plan vs every filed plan by assets

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

$123,507,631 Top 8% higher than 92% 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

Michiana Area Electrical Workers' Money Purchase Plan 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. Michiana Area Electrical Workers' Money Purchase Plan sits mid-pack in the medium band (782 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michiana Area Electrical Workers' Money Purchase Plan reported participants fell from 1,017 in the plan year 2023 filing to 782 in the plan year 2024 filing.
  • Michiana Area Electrical Workers' Money Purchase Plan end-of-year assets rose from $110M in the plan year 2023 filing to $124M in the plan year 2024 filing.
  • Michiana Area Electrical Workers' Money Purchase Plan reported net income fell from $14M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 351861971 · Trustees of Michiana Area Elec Workers' Money Purchase Plan PY 2024 · Money Purchase

Michiana Area Electrical Workers' Money Purchase Plan · $124M · 782 · 92nd

  • EIN $124M
  • RANK 782
  • PHOTO 92nd
  • IND Money Purchase
  • EOY near IBEW Local 480 Pension Plan
  • 5500 ind #8170

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 →

Michiana Area Electrical Workers' Money Purchase Plan in the asset neighbourhood

IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement PlanIBEW AFL-CIO Local Union 743…$126MB.a.C. Local No. 3 Defined Contribution Pension PlanB.a.C. Local No. 3 Defined C…$126MMacquarie Management Holdings, Inc. Retirement PlanMacquarie Management Holding…$125MMichiana Area Electrical Workers' Money Purchase PlanMichiana Area Electrical Wor…$124MIBEW Local 480 Pension Plan$123M
End-of-year total assets ($M) among Michiana Area Electrical Workers' Money Purchase Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$110M
Net Assets (End of Year)$123M
Net Income$13M
Employer EIN351861971
Plan Effective Date1992-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Michiana Area Elec Workers' Money Purchase Plan)

Sponsor-wide plan assets over time

All Trustees of Michiana Area Elec Workers' Money Purchase Plan plans reported in each filing year

Latest sponsor-wide plan assets
$124M 28.15954701356638% vs 2022
2024 filing year
$90M$100M$110M$120M$130M 202220232024 $96.4M $124M ▲ +28.2%
Year Plans Participants Total Assets
2022 1 959 $96M
2023 1 1,017 $110M
2024 1 782 $124M

Nearby Money Purchase Plans in Michigan

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

Michiana Area Electrical Workers' Money Purchase Plan vs. nearby Money Purchase plans in Michigan, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 00.511.52 Total assets ($B) Participants Michiana Area Electrical Workers' Money Purchase Plan, Total assets ($B): 0.123507631 · Participants: 782Michiana Area Electrical Workers' Money Purchase PlanCentral 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
Michiana Area Electrical Workers' Money Purchase Plan vs. nearby Money Purchase plans in Michigan, assets vs. participants

Michiana Area Electrical Workers' Money Purchase Plan's out-of-state Money Purchase peers by assets and headcount

Outside Michigan, the nearest Money Purchase by assets is IBEW Local 480 Pension Plan in MS ($123M); by covered participants it is Local 665 I.a.T.S.E. Annuity Plan in HI (785 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (782 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 Michiana Area Electrical Workers' Money Purchase Plan assets move in 2024? ▼
Michiana Area Electrical Workers' Money Purchase Plan grew at a solid clip - up 12.1% during 2024, from $110M to $124M. Reported net income was $13M.
How have Trustees of Michiana Area Elec Workers' Money Purchase Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Michiana Area Elec Workers' Money Purchase Plan's sponsor-wide assets grew 28.2%, from $96M to $124M.
Where does Michiana Area Electrical Workers' Money Purchase Plan rank by assets among Form 5500 filers? ▼
Michiana Area Electrical Workers' Money Purchase Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to Michiana Area Electrical Workers' Money Purchase Plan? ▼
Among Money Purchase plans in other states, the closest by assets is IBEW Local 480 Pension Plan in MS ($123M, 516 participants).
Which Money Purchase plans cover a similar participant headcount to Michiana Area Electrical Workers' Money Purchase Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Local 665 I.a.T.S.E. Annuity Plan in HI (785 participants, $25M in assets).