Defined Benefit (Pension) · DOL Form 5500 · 2024
Michigan Bac Pension Fund Pension Plan
Data updated 2026-08-11
- $195M
- Total assets
- 1,207
- Participants
- 94th
- Percentile by assets
- $161,524
- Avg per participant
Official DOL plan name: Michigan Bac Pension Fund · Sponsored by Michigan Bac Pension Fund · Michigan · Construction
$195M in assets, 1,207 participants
Michigan Bac Pension Fund's Michigan Bac Pension Fund reported $195M in total assets and 1,207 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 123,622 plans)
- #8,411 in Construction (9,039 peers)
Where Michigan Bac Pension Fund sits by assets
Michigan Bac Pension Fund sits in the top 10% of all filed plans by assets, $195M for 1,207 participants (~$161,524/participant), up 4.9% in 2024.
- $195M
- total plan assets (2024 EOY)
- 1,207
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $161,524
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Michigan Bac Pension Fund reported net income fell from $18M in the plan year 2023 filing to $10M in the plan year 2024 filing.
- Michigan Bac Pension Fund reported participants rose from 1,140 in the plan year 2023 filing to 1,207 in the plan year 2024 filing.
- Michigan Bac Pension Fund end-of-year assets rose from $186M in the plan year 2023 filing to $195M in the plan year 2024 filing.
Michigan Bac Pension Fund vs the 2024 asset distribution
By assets, Michigan Bac Pension Fund outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $186M |
|---|---|
| Net Assets (End of Year) | $194M |
| Net Income | $10M |
| Employer EIN | 382895943 |
| Plan Effective Date | 1989-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Michigan Bac Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,120 | $167M |
| 2023 | 1 | 1,140 | $186M |
| 2024 | 1 | 1,207 | $195M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Michigan Bac Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
- Ford Motor Company UAW Retirement Plan $17.8B · 25,742
- Ford Motor Company General Retirement Plan $12.1B · 8,585
- Dow Employees' Pension Plan $10.9B · 6,888
- Fca US LLC UAW Pension Agreement $10.3B · 12,752
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Michigan Bac Pension Fund by total assets, not by location.
- Bemis Retirement Plan (WI) $195M · 1,021
- Banquet Employees - Unions Pension Trust Fund (NE) $195M · 830
- Employees' Retirement Plan of the National Geographic Society (DC) $195M · 60
- Retirement Plan for Employees of Southern States (VA) $195M · 308
Frequently Asked Questions
How did Michigan Bac Pension Fund assets move in 2024? ▼
How have Michigan Bac Pension Fund plan assets changed over time? ▼
Where does Michigan Bac Pension Fund rank by assets among Form 5500 filers? ▼
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Next read for Michigan Bac Pension Fund
Scale reading
Ways to act on Michigan Bac Pension Fund's numbers.
- By total assets, Michigan Bac Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
- Michigan Bac Pension Fund's sponsor-wide assets have grown 16.8% since 2022 across 3 plan years on file. More Construction plans