Money Purchase · DOL Form 5500 · 2024

Alabama Housing Finance Authority Money Purchase Plan

Data updated 2026-08-11

$21M
Total assets
145
Participants
71st
Percentile by assets
$141,952
Avg per participant
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Official DOL plan name: Alabama Housing Finance Authority Retirement Plan · Sponsored by Alabama Housing Finance Authority · Alabama · Finance & Insurance

$21M in assets, 145 participants

Alabama Housing Finance Authority's Alabama Housing Finance Authority Retirement Plan reported $21M in total assets and 145 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • 71st percentile by assets (of 123,622 plans)
  • #4,794 in Finance & Insurance (8,549 peers)

Coverage in Alabama

Alabama Housing Finance Authority Retirement Plan covers 145 participants in Alabama, about 40% of the average Alabama filer (state average ~360 per filing). Assets: $21M.

$21M
total plan assets (2024 EOY)
145
covered participants
71st
percentile by assets (of 123,622 plans)
$141,952
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Alabama Housing Finance Authority Retirement Plan reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Alabama Housing Finance Authority Retirement Plan end-of-year assets rose from $19M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • Alabama Housing Finance Authority Retirement Plan reported participants rose from 142 in the plan year 2023 filing to 145 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Alabama filers

In Alabama, the average filing covers about 360 participants across 1,591 plans. Alabama Housing Finance Authority Retirement Plan reports 145 participants - about 40% of that state average ($21M EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN630980480
Plan Effective Date1989-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Alabama Housing Finance Authority)

$35M$40M$45M$50M$55M$60M 202220232024 $40.2M $55.1M ▲ +37.0%
Total plan assets by year, all Alabama Housing Finance Authority plans on file
Year Plans Participants Total Assets
2022 2 292 $40M
2023 2 284 $50M
2024 2 289 $55M

Nearby Money Purchase Plans in Alabama

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

Alabama Housing Finance Authority Retirement Plan vs. nearby Money Purchase plans in Alabama, assets vs. participants

Alabama Housing Finance Authority Retirement Plan vs. nearby Money Purchase plans in Alabama, assets vs. participants Scatter plot of 6 data points. -20002004006008001000 -20020406080100 Total assets ($M) Participants Alabama Housing Fina…Plumbers & Steamfitt…Iron Workers Local U…Bayou La Batre Area …Sabel Steel Service,…City of Haleyville W…
Alabama Housing Finance Authority Retirement Plan vs. nearby Money Purchase plans in Alabama, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Alabama Housing Finance Authority Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Alabama Housing Finance Authority Retirement Plan assets move in 2024?
Alabama Housing Finance Authority Retirement Plan grew at a solid clip - up 9.9% during 2024, from $19M to $21M. Reported net income was $2M.
How have Alabama Housing Finance Authority plan assets changed over time?
Across 3 plan years on file (2022-2024), Alabama Housing Finance Authority's sponsor-wide assets grew 37.0%, from $40M to $55M.
Which Money Purchase plans are similar in size to Alabama Housing Finance Authority Retirement Plan?
Among Money Purchase plans in other states, the closest by assets is Safe Horizon 401(a) Retirement Savings Plan in NY ($21M, 667 participants).

Next read for Alabama Housing Finance Authority Retire…

Filing takeaways

Ways to act on Alabama Housing Finance Authority Retirement Plan's numbers.