Money Purchase
2024 plan-year Money Purchase DOL Form 5500

State of the Art, Inc. Money Purchase Pension Plan

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

Sponsored by State of the Art, Inc. · Pennsylvania · Manufacturing

What the 2023 filing shows

State of the Art, Inc. Money Purchase Pension Plan holds $24M for 100 participants — about $241,760 per participant, down 0.1% over the 2024 plan year.

$24M
total plan assets (2024 EOY)
100
covered participants
$241,760
avg assets per participant
-0.1%
assets change YoY

The plan reported a net loss of $18K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$24M
Participants
100
State
Industry
Manufacturing

What the Filing Says About State of the Art, Inc. Money Purchase Pension Plan

State of the Art, Inc. Money Purchase Pension Plan is a Money Purchase retirement plan sponsored by State of the Art, Inc., headquartered in Pennsylvania. As of the 2024 Form 5500 filing, the plan reports $24M in total end-of-year assets and covers 100 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 251202653, and the plan has been effective since 1976-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $24M at the beginning of 2024 to $24M at year-end — a decline of 0.1%. Net assets (after liabilities) closed the year at $24M, with reported net income of $-18,030 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)$24M
Total Assets (End of Year)$24M
Net Assets (End of Year)$24M
Net Income$-18,030
Plan TypeMoney Purchase
Employer EIN251202653
Plan Effective Date1976-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State of the Art, Inc.)

Year Plans Participants Total Assets
2022 1 110 $20M
2023 1 97 $24M
2024 1 100 $24M

Nearby Money Purchase Plans in Pennsylvania

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

Frequently Asked Questions

How much money is in the State of the Art, Inc. Money Purchase Pension Plan?
As of the 2024 Form 5500 filing, State of the Art, Inc. Money Purchase Pension Plan holds $24M in total assets with 100 participants. It is sponsored by State of the Art, Inc..
What type of plan is State of the Art, Inc. Money Purchase Pension Plan?
State of the Art, Inc. Money Purchase Pension Plan is a Money Purchase plan. It has been effective since 1976-10-01. The plan is filed with the U.S. Department of Labor under EIN 251202653.
Who sponsors the State of the Art, Inc. Money Purchase Pension Plan?
State of the Art, Inc. Money Purchase Pension Plan is sponsored by State of the Art, Inc., located in Pennsylvania. The sponsor's EIN is 251202653 and the plan operates in the Manufacturing industry.
How did State of the Art, Inc. Money Purchase Pension Plan perform in 2024?
State of the Art, Inc. Money Purchase Pension Plan declined by 0.1% during 2024, moving from $24M to $24M in total assets. Net income was $-18,030.
Where can I find official filings for State of the Art, Inc. Money Purchase Pension Plan?
Official Form 5500 filings for State of the Art, Inc. Money Purchase Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 251202653 or plan name at efast.dol.gov.
How does State of the Art, Inc. Money Purchase Pension Plan compare to other plans?
You can compare State of the Art, Inc. Money Purchase Pension Plan against other Money Purchase plans on the plan type page, or view plans in Pennsylvania 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 251202653.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.