Money Purchase
2024 plan-year Money Purchase DOL Form 5500

MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

TRUSTEES OF MICHIANA AREA ELEC WORKERS' MONEY PURCHASE PLAN

This Money Purchase plan holds $124M in total assets and serves 782 participants as of 2024. It is sponsored by TRUSTEES OF MICHIANA AREA ELEC WORKERS' MONEY PURCHASE PLAN in Michigan. The plan reported positive net income of $13M for the year.

Total Assets (2023)
$124M
Participants
782
State
Industry
Construction

What the Filing Says About MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN

MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is a Money Purchase retirement plan sponsored by TRUSTEES OF MICHIANA AREA ELEC WORKERS' MONEY PURCHASE PLAN, headquartered in Michigan. As of the 2024 Form 5500 filing, the plan reports $124M in total end-of-year assets and covers 782 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 351861971, and the plan has been effective since 1992-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $110M at the beginning of 2024 to $124M at year-end — a gain of 12.1%. Net assets (after liabilities) closed the year at $123M, with reported net income of $13M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$110M
Total Assets (End of Year)$124M
Net Assets (End of Year)$123M
Net Income$13M
Plan TypeMoney Purchase
Employer EIN351861971
Plan Effective Date1992-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (TRUSTEES OF MICHIANA AREA ELEC WORKERS' MONEY PURCHASE PLAN)

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.

Frequently Asked Questions

How much money is in the MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN?
As of the 2024 Form 5500 filing, MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN holds $124M in total assets with 782 participants. It is sponsored by TRUSTEES OF MICHIANA AREA ELEC WORKERS' MONEY PURCHASE PLAN.
What type of plan is MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN?
MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is a Money Purchase plan. It has been effective since 1992-06-01. The plan is filed with the U.S. Department of Labor under EIN 351861971.
Who sponsors the MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN?
MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN is sponsored by TRUSTEES OF MICHIANA AREA ELEC WORKERS' MONEY PURCHASE PLAN, located in Michigan. The sponsor's EIN is 351861971 and the plan operates in the Construction industry.
How did MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN perform in 2024?
MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN grew by 12.1% during 2024, moving from $110M to $124M in total assets. Net income was $13M.
Where can I find official filings for MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN?
Official Form 5500 filings for MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 351861971 or plan name at efast.dol.gov.
How does MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN compare to other plans?
You can compare MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN against other Money Purchase plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 351861971.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.