Money Purchase · DOL Form 5500 · 2024

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

Data updated 2026-08-11

$124M
Total assets: 782
Participants: 92nd
Percentile by assets: $157,938
Avg per participant

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.

92nd percentile by assets (of 123,622 plans)
#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.

$124M
total plan assets (2024 EOY): 782
covered participants: 92nd
percentile by assets (of 123,622 plans): $157,938
avg assets per participant

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 →

State

Michigan

Industry

Construction

Michiana Area Electrical Workers' Money Purchase Plan vs the 2024 asset distribution

By assets, Michiana Area Electrical Workers' Money Purchase Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$110M
Net Assets (End of Year)	$123M
Net Income	$13M
Employer EIN	351861971
Plan Effective Date	1992-06-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Trustees of Michiana Area Elec Workers' Money Purchase Plan plans on file

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

Central Midwest Regional Council of Carpenters Defined Contribution Pension Plan $1.6B · 35,197
Michigan Regional Council of Carpenters' Annuity Fund $531M · 17,855
P & M Holding Group, LLP & Affiliated Entities Pension Plan $250M · 1,182
Operating Engineers' Local 324, Defined Contribution Pension Plan $248M · 7,667
Michigan Laborers' Annuity Fund $129M · 4,355

Compare Michiana Area Electrical Workers' Money … side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Michiana Area Electrical Workers' Money Purchase Plan by total assets, not by location.

IBEW Local 480 Pension Plan (MS) $123M · 516
Macquarie Management Holdings, Inc. Retirement Plan (NY) $125M · 173
B.a.C. Local No. 3 Defined Contribution Pension Plan (CA) $126M · 733
IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan (PA) $126M · 494

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).

Next read for Michiana Area Electrical Workers' Money …

Scale reading

Ways to act on Michiana Area Electrical Workers' Money Purchase Plan's numbers.

By total assets, Michiana Area Electrical Workers' Money Purchase Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in Michigan. Compare plans
Trustees of Michiana Area Elec Workers' Money Purchase Plan's sponsor-wide assets have grown 28.2% since 2022 across 3 plan years on file. More Construction plans

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.