Money Purchase · DOL Form 5500 · 2024
Joint Board of Trustees of Roofers Union Local No. 70 Pension Plan Money Purchase Plan
Data updated 2026-08-06
- $48M
- Total assets
- 413
- Participants
- 84th
- Percentile by assets
- $116,529
- Avg per participant
Official DOL plan name: Roofers Union Local No. 70 Pension Plan · Sponsored by Joint Board of Trustees of Roofers Union Local No. 70 Pension Plan · Michigan · Construction
$48M in assets, 413 participants
Joint Board of Trustees of Roofers Union Local No. 70 Pension Plan's Roofers Union Local No. 70 Pension Plan reported $48M in total assets and 413 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.
- 84th percentile by assets (of 116,472 plans)
- #6,952 in Construction (8,304 peers)
Where Roofers Union Local No. 70 Pension Plan sits by assets
Roofers Union Local No. 70 Pension Plan sits in the top quartile of all filed plans by assets, $48M for 413 participants (~$116,529/participant), up 16.5% in 2024.
- $48M
- total plan assets (2024 EOY)
- 413
- covered participants
- 84th
- percentile by assets (of 116,472 plans)
- $116,529
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Roofers Union Local No. 70 Pension Plan reported net income rose from $4M in the plan year 2023 filing to $7M in the plan year 2024 filing.
- Roofers Union Local No. 70 Pension Plan end-of-year assets rose from $41M in the plan year 2023 filing to $48M in the plan year 2024 filing.
- Roofers Union Local No. 70 Pension Plan reported participants rose from 378 in the plan year 2023 filing to 413 in the plan year 2024 filing.
Roofers Union Local No. 70 Pension Plan vs the 2024 asset distribution
By assets, Roofers Union Local No. 70 Pension Plan outranks 84% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $41M |
|---|---|
| Net Assets (End of Year) | $48M |
| Net Income | $7M |
| Employer EIN | 382754697 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees of Roofers Union Local No. 70 Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 368 | $37M |
| 2023 | 1 | 378 | $41M |
| 2024 | 1 | 413 | $48M |
Nearby Money Purchase Plans in Michigan
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Roofers Union Local No. 70 Pension Plan vs. nearby Money Purchase plans in Michigan, assets vs. participants
- Michigan Regional Council of Carpenters' Annuity Fund $531M · 17,855
- Operating Engineers' Local 324, Defined Contribution Pension Plan $248M · 7,667
- Michiana Area Electrical Workers' Money Purchase Plan $124M · 782
- Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust $61M · 292
- Kalamazoo County Sheriff's Deputies Association Money Purchase Pension Plan $51M · 193
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Roofers Union Local No. 70 Pension Plan by total assets, not by location.
- Miner Enterprises Pension Plan (IL) $48M · 316
- Posse Resources Money Purchase Pension Plan and Trust (TX) $48M · 11
- Southeast Laborers Supplemental Pension Fund (TN) $49M · 6,709
- Osu Foundation Retirement Plan (OR) $49M · 145
Frequently Asked Questions
How did Roofers Union Local No. 70 Pension Plan assets move in 2024? ▼
How have Joint Board of Trustees of Roofers Union Local No. 70 Pension Plan plan assets changed over time? ▼
Where does Roofers Union Local No. 70 Pension Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Roofers Union Local No. 70 Pension Plan? ▼
Next read for Roofers Union Local No. 70 Pension Plan
Scale reading
Ways to act on Roofers Union Local No. 70 Pension Plan's numbers.
- By total assets, Roofers Union Local No. 70 Pension Plan ranks in the top quartile 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
- Joint Board of Trustees of Roofers Union Local No. 70 Pension Plan's sponsor-wide assets have grown 29.9% since 2022 across 3 plan years on file. More Construction plans