Money Purchase · DOL Form 5500 · 2024

Board of Trustees of the Money Purchase Retirement Plan U.a. Local Money Purchase Plan

Data updated 2026-08-06

$37M
Total assets: 340
Participants: 80th
Percentile by assets: $108,530
Avg per participant

Official DOL plan name: Money Purchase Retirement Plan of U.a. Local 716 · Sponsored by Board of Trustees of the Money Purchase Retirement Plan U.a. Local · Connecticut · Construction

$37M in assets, 340 participants

Board of Trustees of the Money Purchase Retirement Plan U.a. Local's Money Purchase Retirement Plan of U.a. Local 716 reported $37M in total assets and 340 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

80th percentile by assets (of 116,472 plans)
#6,684 in Construction (8,304 peers)

Coverage in Connecticut

Money Purchase Retirement Plan of U.a. Local 716 covers 340 participants in Connecticut, about 46% of the average Connecticut filer (state average ~740 per filing). Assets: $37M.

$37M
total plan assets (2024 EOY): 340
covered participants: 80th
percentile by assets (of 116,472 plans): $108,530
avg assets per participant

Money Purchase Retirement Plan of U.a. Local 716 reported net income fell from $4M in the plan year 2023 filing to $839K in the plan year 2024 filing.
Money Purchase Retirement Plan of U.a. Local 716 reported participants fell from 447 in the plan year 2023 filing to 340 in the plan year 2024 filing.
Money Purchase Retirement Plan of U.a. Local 716 end-of-year assets rose from $36M in the plan year 2023 filing to $37M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Connecticut

Industry

Construction

Participants vs Connecticut filers

In Connecticut, the average filing covers about 740 participants across 1,756 plans. Money Purchase Retirement Plan of U.a. Local 716 reports 340 participants - about 46% of that state average ($37M EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)	$36M
Net Assets (End of Year)	$37M
Net Income	$839K
Employer EIN	010219039
Plan Effective Date	1982-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of the Money Purchase Retirement Plan U.a. Local)

Total plan assets by year, all Board of Trustees of the Money Purchase Retirement Plan U.a. Local plans on file

Year	Plans	Participants	Total Assets
2022	1	460	$32M
2023	1	447	$36M
2024	1	340	$37M

Nearby Money Purchase Plans in Connecticut

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

Money Purchase Retirement Plan of U.a. Local 716 vs. nearby Money Purchase plans in Connecticut, assets vs. participants

New England Electrical Workers Money Purchase Plan and Trust $870M · 9,637
Equinor US Holdings Inc. Money Purchase Pension Plan $200M · 683
Southern Ct IBEW Annuity Plan $86M · 477
IBEW Local No. 223 Deferred Income Plan $30M · 631
Thames Valley Council for Community Action, Inc. Money Purchase Pension Plan $12M · 120

Compare Money Purchase Retirement Plan of U.a. L… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Money Purchase Retirement Plan of U.a. Local 716 by total assets, not by location.

United Union of Roofers, Waterproofers & Allied Workers, Local 154 Annuity Fund (NY) $37M · 181
International Brotherhood of Electrical Workers Local Union #756 Pension Fund (FL) $37M · 302
Carpenters Local Union No 491 Annuity Plan (MD) $37M · 1,064
Redwood Credit Union Target Benefit Plan (CA) $36M · 111

Frequently Asked Questions

How did Money Purchase Retirement Plan of U.a. Local 716 assets move in 2024? ▼

Money Purchase Retirement Plan of U.a. Local 716 edged up modestly - up 2.3% during 2024, from $36M to $37M. Reported net income was $839K.

How have Board of Trustees of the Money Purchase Retirement Plan U.a. Local plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of the Money Purchase Retirement Plan U.a. Local's sponsor-wide assets grew 13.8%, from $32M to $37M.

Where does Money Purchase Retirement Plan of U.a. Local 716 rank by assets among Form 5500 filers? ▼

Money Purchase Retirement Plan of U.a. Local 716 ranks in the 80th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Money Purchase plans are similar in size to Money Purchase Retirement Plan of U.a. Local 716? ▼

Among Money Purchase plans in other states, the closest by assets is United Union of Roofers, Waterproofers & Allied Workers, Local 154 Annuity Fund in NY ($37M, 181 participants).

Next read for Money Purchase Retirement Plan of U.a. L…

Filing takeaways

Ways to act on Money Purchase Retirement Plan of U.a. Local 716's numbers.

By total assets, Money Purchase Retirement Plan of U.a. Local 716 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 Connecticut. Compare plans
Board of Trustees of the Money Purchase Retirement Plan U.a. Local's sponsor-wide assets have grown 13.8% 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 010219039.