Money Purchase · DOL Form 5500 · 2024

Baker College Professional Services Inc Money Purchase Plan

Data updated 2026-08-11

$6M
Total assets
5
Participants
46th
Percentile by assets
$1.3M
Avg per participant
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Official DOL plan name: Baker College Union Employees Pension Trust · Sponsored by Baker College Professional Services Inc · Michigan · Educational Services

$6M in assets, 5 participants

Baker College Professional Services Inc's Baker College Union Employees Pension Trust reported $6M in total assets and 5 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

  • 46th percentile by assets (of 123,622 plans)
  • #1,106 in Educational Services (3,638 peers)

Baker College Professional Services Inc multi-year trail

Baker College Professional Services Inc's plans moved +11.7% in assets from 2022 to 2024; this filing shows Baker College Union Employees Pension Trust at $6M / 5 participants.

$6M
total plan assets (2024 EOY)
5
covered participants
46th
percentile by assets (of 123,622 plans)
$1.3M
avg assets per participant

The plan reported a net loss of $507K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Baker College Union Employees Pension Trust reported net income fell from $129K in the plan year 2023 filing to -$507K in the plan year 2024 filing.
  • Baker College Union Employees Pension Trust reported participants fell from 6 in the plan year 2023 filing to 5 in the plan year 2024 filing.
  • Baker College Union Employees Pension Trust end-of-year assets fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Baker College Professional Services Inc across 3 plan years on file

Across the 3 plan years Baker College Professional Services Inc has on file (2022-2024), sponsor-wide plan assets have moved from $92M to $103M, a gain of 11.7%, while reported participants moved from 1,445 to 1,321 (-8.6%). Peak year by sponsor assets: 2024 ($103M); trough: 2022 ($92M).

Baker College Professional Services Inc multi-year asset trail

$90M$95M$100M$105M 202220232024 $92.5M $103M ▲ +11.7%
Total plan assets by year, all Baker College Professional Services Inc plans on file
Year Plans Participants Total Assets
2022 3 1,445 $92M
2023 3 1,420 $100M
2024 3 1,321 $103M

Baker College Professional Services Inc filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$507K
Employer EIN383043861
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in Michigan

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

Baker College Union Employees Pension Trust vs. nearby Money Purchase plans in Michigan, assets vs. participants

Baker College Union Employees Pension Trust vs. nearby Money Purchase plans in Michigan, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -0.500.511.52 Total assets ($B) Participants Baker College Union …Central Midwest Regi…Michigan Regional Co…P & M Holding Group,…Operating Engineers'…Michigan Laborers' A…
Baker College Union Employees Pension Trust vs. nearby Money Purchase plans in Michigan, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Baker College Union Employees Pension Trust by total assets, not by location.

Frequently Asked Questions

How did Baker College Union Employees Pension Trust assets move in 2024?
Baker College Union Employees Pension Trust pulled back noticeably - down 7.4% during 2024, from $7M to $6M. Reported net income was -$507K.
How have Baker College Professional Services Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Baker College Professional Services Inc's sponsor-wide assets grew 11.7%, from $92M to $103M.
Which Money Purchase plans are similar in size to Baker College Union Employees Pension Trust?
Among Money Purchase plans in other states, the closest by assets is Thomas F Panichella Md PC Money Purchase Pension Plan in NY ($6M, 3 participants).

Next read for Baker College Union Employees Pension Tr…

Multi-year trail

Ways to act on Baker College Union Employees Pension Trust's numbers.

  • By total assets, Baker College Union Employees Pension Trust 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
  • Baker College Professional Services Inc's sponsor-wide assets have grown 11.7% since 2022 across 3 plan years on file. More Educational Services plans