Money Purchase · DOL Form 5500 · 2024
Board of Trustees, Iatse Local 38 Pension Fund Money Purchase Plan
Data updated 2026-08-11
- $36M
- Total assets
- 1,002
- Participants
- 80th
- Percentile by assets
- $36,332
- Avg per participant
Official DOL plan name: Iatse Local 38 Pension Plan · Sponsored by Board of Trustees, Iatse Local 38 Pension Fund · Michigan · Professional & Technical Services
$36M in assets, 1,002 participants
Board of Trustees, Iatse Local 38 Pension Fund's Iatse Local 38 Pension Plan reported $36M in total assets and 1,002 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 123,622 plans)
- #16,245 in Professional & Technical Services (20,173 peers)
Where Iatse Local 38 Pension Plan sits by assets
Iatse Local 38 Pension Plan sits in the top quartile of all filed plans by assets, $36M for 1,002 participants (~$36,332/participant), up 0.6% in 2024.
- $36M
- total plan assets (2024 EOY)
- 1,002
- covered participants
- 80th
- percentile by assets (of 123,622 plans)
- $36,332
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Iatse Local 38 Pension Plan reported net income rose from $42K in the plan year 2023 filing to $148K in the plan year 2024 filing.
- Iatse Local 38 Pension Plan reported participants fell from 1,238 in the plan year 2023 filing to 1,002 in the plan year 2024 filing.
- Iatse Local 38 Pension Plan end-of-year assets rose from $36M in the plan year 2023 filing to $36M in the plan year 2024 filing.
Iatse Local 38 Pension Plan vs the 2024 asset distribution
By assets, Iatse Local 38 Pension Plan outranks 80% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $36M |
|---|---|
| Net Assets (End of Year) | $36M |
| Net Income | $148K |
| Employer EIN | 382848288 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Iatse Local 38 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,250 | $36M |
| 2023 | 1 | 1,238 | $36M |
| 2024 | 1 | 1,002 | $36M |
Nearby Money Purchase Plans in Michigan
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Iatse Local 38 Pension Plan vs. nearby Money Purchase plans in Michigan, assets vs. participants
- 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 Iatse Local 38 Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Iatse Local 38 Pension Plan assets move in 2024? ▼
How have Board of Trustees, Iatse Local 38 Pension Fund plan assets changed over time? ▼
Where does Iatse Local 38 Pension Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Iatse Local 38 Pension Plan? ▼
Next read for Iatse Local 38 Pension Plan
Scale reading
Ways to act on Iatse Local 38 Pension Plan's numbers.
- By total assets, Iatse Local 38 Pension Plan 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 Michigan. Compare plans
- Board of Trustees, Iatse Local 38 Pension Fund's sponsor-wide assets have grown 1.0% since 2022 across 3 plan years on file. More Professional & Technical Services plans