Money Purchase · DOL Form 5500 · 2024
Wayne Center Money Purchase Plan
Data updated 2026-08-11
- $4M
- Total assets
- 57
- Participants
- 39th
- Percentile by assets
- $75,196
- Avg per participant
Official DOL plan name: Wayne Center 401(a)DC Plan · Sponsored by Wayne Center · Michigan · Healthcare & Social Assistance
$4M in assets, 57 participants
Wayne Center's Wayne Center 401(a)DC Plan reported $4M in total assets and 57 participants in its 2024 DOL Form 5500 filing, ranking in the 39th 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.
- 39th percentile by assets (of 123,622 plans)
- #7,014 in Healthcare & Social Assistance (16,916 peers)
What the 2024 filing shows
Wayne Center 401(a)DC Plan holds $4M for 57 participants - about $75,196 per participant, in the lower half of filed plans by assets.
- $4M
- total plan assets (2024 EOY)
- 57
- covered participants
- 39th
- percentile by assets (of 123,622 plans)
- $75,196
- avg assets per participant
Where Wayne Center 401(a)DC Plan sits by total assets
Wayne Center 401(a)DC Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$4,286,174 39th percentile higher than 39% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Wayne Center 401(a)DC Plan reported net income fell from $395K in the plan year 2023 filing to $188K in the plan year 2024 filing.
- Wayne Center 401(a)DC Plan reported participants rose from 45 in the plan year 2023 filing to 57 in the plan year 2024 filing.
- Wayne Center 401(a)DC Plan end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
Money Purchase filing for Wayne Center 401(a)DC Plan
Money Purchase filing for plan year 2024: EIN 382026612 ; effective since 1976-02-02 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.
Filing particulars (2024)
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | $188K |
| Employer EIN | 382026612 |
| Plan Effective Date | 1976-02-02 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wayne Center)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 81 | $7M |
| 2023 | 3 | 73 | $7M |
| 2024 | 3 | 84 | $8M |
Nearby Money Purchase Plans in Michigan
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- 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
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Wayne Center 401(a)DC Plan by total assets, not by location.
Frequently Asked Questions
How did Wayne Center 401(a)DC Plan assets move in 2024? ▼
How have Wayne Center plan assets changed over time? ▼
Which Money Purchase plans are similar in size to Wayne Center 401(a)DC Plan? ▼
Next read for Wayne Center 401(a)DC Plan
Filing takeaways
Ways to act on Wayne Center 401(a)DC Plan's numbers.
- By total assets, Wayne Center 401(a)DC Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Michigan. Compare plans
- Wayne Center's sponsor-wide assets have grown 9.3% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans