Money Purchase · DOL Form 5500 · 2024
Drexel Chemical Company Money Purchase Plan
Data updated 2026-08-11
- $11M
- Total assets
- 195
- Participants
- 58th
- Percentile by assets
- $56,380
- Avg per participant
Official DOL plan name: Drexel Chemical Company Money Purchase Pension Plan and Trust · Sponsored by Drexel Chemical Company · Tennessee · Manufacturing
$11M in assets, 195 participants
Drexel Chemical Company's Drexel Chemical Company Money Purchase Pension Plan and Trust reported $11M in total assets and 195 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.
- 58th percentile by assets (of 123,622 plans)
- #7,850 in Manufacturing (17,777 peers)
Coverage in Tennessee
Drexel Chemical Company Money Purchase Pension Plan and Trust covers 195 participants in Tennessee, about 17% of the average Tennessee filer (state average ~1,126 per filing). Assets: $11M.
- $11M
- total plan assets (2024 EOY)
- 195
- covered participants
- 58th
- percentile by assets (of 123,622 plans)
- $56,380
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Drexel Chemical Company Money Purchase Pension Plan and Trust reported participants rose from 164 in the plan year 2023 filing to 195 in the plan year 2024 filing.
- Drexel Chemical Company Money Purchase Pension Plan and Trust end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.
- Drexel Chemical Company Money Purchase Pension Plan and Trust reported net income fell from $954K in the plan year 2023 filing to $880K in the plan year 2024 filing.
Participants vs Tennessee filers
In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Drexel Chemical Company Money Purchase Pension Plan and Trust reports 195 participants - about 17% of that state average ($11M EOY assets).
Tennessee filing particulars
| Total Assets (Beginning of Year) | $10M |
|---|---|
| Net Assets (End of Year) | $11M |
| Net Income | $880K |
| Employer EIN | 620873303 |
| Plan Effective Date | 1975-06-20 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Drexel Chemical Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 168 | $10M |
| 2023 | 1 | 164 | $10M |
| 2024 | 1 | 195 | $11M |
Nearby Money Purchase Plans in Tennessee
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Drexel Chemical Company Money Purchase Pension Plan and Trust vs. nearby Money Purchase plans in Tennessee, assets vs. participants
- Southern Electrical Retirement Fund $2.2B · 11,461
- IBEW Local 16, AFL-CIO & Multi- Employer Pension Plan $434M · 2,070
- Midwest Pipe Trades Retirement Plan $222M · 1,544
- U. a. Local Union No. 614 Pension Plan $204M · 1,248
- IBEW Local Union No. 915 Pension-Annuity Fund $115M · 1,864
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Drexel Chemical Company Money Purchase Pension Plan and Trust by total assets, not by location.
- Warren I Dotz Md Money Purchase Pension Plan (CA) $11M · 4
- Tmmb Corporation Pension Plan (PA) $11M · 16
- Renewal, Inc. Money Purchase Pension Plan (PA) $11M · 140
- Pan-O-Gold Baking Co. Retirement Plan (MN) $11M · 163
Frequently Asked Questions
How did Drexel Chemical Company Money Purchase Pension Plan and Trust assets move in 2024? ▼
How have Drexel Chemical Company plan assets changed over time? ▼
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Filing takeaways
Ways to act on Drexel Chemical Company Money Purchase Pension Plan and Trust's numbers.
- By total assets, Drexel Chemical Company Money Purchase Pension Plan and Trust ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Tennessee. Compare plans
- Drexel Chemical Company's sponsor-wide assets have grown 10.2% since 2022 across 3 plan years on file. More Manufacturing plans