Money Purchase · DOL Form 5500 · 2024

Board of Trustees, Michigan Laborers' Annuity Fund Money Purchase Plan

Data updated 2026-08-25

$129M
Total assets Near avg plan size
4,355
Participants Above avg headcount
92nd
Percentile by assets National rank
$29,648
Avg per participant Low balance/head
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Official DOL plan name: Michigan Laborers' Annuity Fund · Sponsored by Board of Trustees, Michigan Laborers' Annuity Fund · Michigan · Construction

$129M in assets, 4,355 participants

Board of Trustees, Michigan Laborers' Annuity Fund's Michigan Laborers' Annuity Fund reported $129M in total assets and 4,355 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,198 in Construction (9,039 peers)

Coverage in Michigan

Michigan Laborers' Annuity Fund covers 4,355 participants in Michigan, 6.8x the typical Michigan plan (state average ~638 per filing). Assets: $129M.

#8,198
in Construction (9,039 peers)
+8.9%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Michigan Laborers' Annuity Fund's outsized position by total assets

Michigan Laborers' Annuity Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$129,114,976 Top 8% higher than 92% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Michigan Laborers' Annuity Fund's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michigan Laborers' Annuity Fund lands in the large band (4,355 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michigan Laborers' Annuity Fund reported participants fell from 21,709 in the plan year 2023 filing to 4,355 in the plan year 2024 filing.
  • Michigan Laborers' Annuity Fund reported net income fell from $19M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Michigan Laborers' Annuity Fund end-of-year assets rose from $119M in the plan year 2023 filing to $129M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 383345443 · Board of Trustees, Michigan Laborers' Annuity Fund PY 2024 · Money Purchase

Michigan Laborers' Annuity Fund · $129M · 4,355 · 92nd

  • IND $129M
  • IND 4,355
  • IND 92nd
  • IND Money Purchase
  • IND near Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust
  • IND ind #8198

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Michigan →

Michigan Laborers' Annuity Fund in the asset neighbourhood

Amundi US, Inc. Retirement Benefit PlanAmundi US, Inc. Retirement B…$130MThe Connell Company Retirement PlanThe Connell Company Retireme…$130MWhiteford, Taylor & Preston Money Purchase Pension Plan and TrustWhiteford, Taylor & Preston …$129MMichigan Laborers' Annuity FundMichigan Laborers' Annuity F…$129MInternational Brotherhood of Electrical Workers Local No 725 Supplemental Pension TrustInternational Brotherhood of…$128M
End-of-year total assets ($M) among Michigan Laborers' Annuity Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$119M
Net Assets (End of Year)$129M
Net Income$10M
Employer EIN383345443
Plan Effective Date1997-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Michigan Laborers' Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees, Michigan Laborers' Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$129M 29.06437631126717% vs 2022
2024 filing year
$90M$100M$110M$120M$130M$140M 202220232024 $100M $129M ▲ +29.1%
Year Plans Participants Total Assets
2022 1 20,434 $100M
2023 1 21,709 $119M
2024 1 4,355 $129M

Nearby Money Purchase Plans in Michigan

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

Michigan Laborers' Annuity Fund vs. nearby Money Purchase plans in Michigan, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 00.511.52 Total assets ($B) Participants Michigan Laborers' Annuity Fund, Total assets ($B): 0.129114976 · Participants: 4355Michigan Laborers' Annuity FundCentral Midwest Regional Council of Carpenters Defined Contribution Pension Plan, Total assets ($B): 1.589855457 · Participants: 35197Central Midwest Regional Council of Carpenters Defined Contribution Pension PlanMichigan Regional Council of Carpenters' Annuity Fund, Total assets ($B): 0.530589285 · Participants: 17855Michigan Regional Council of Carpenters' Annuity FundP & M Holding Group, LLP & Affiliated Entities Pension Plan, Total assets ($B): 0.25021539 · Participants: 1182P & M Holding Group, LLP & Affiliated Entities Pension PlanOperating Engineers' Local 324, Defined Contribution Pension Plan, Total assets ($B): 0.247791514 · Participants: 7667Operating Engineers' Local 324, Defined Contribution Pension PlanMichiana Area Electrical Workers' Money Purchase Plan, Total assets ($B): 0.123507631 · Participants: 782Michiana Area Electrical Workers' Money Purchase Plan
Michigan Laborers' Annuity Fund vs. nearby Money Purchase plans in Michigan, assets vs. participants

Michigan Laborers' Annuity Fund's out-of-state Money Purchase peers by assets and headcount

Outside Michigan, the nearest Money Purchase by assets is Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust in MD ($129M); by covered participants it is East Bay Restaurant & Tavern Retirement Plan in CA (4,313 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Michigan Laborers' Annuity Fund assets move in 2024? ▼
Michigan Laborers' Annuity Fund grew at a solid clip - up 8.9% during 2024, from $119M to $129M. Reported net income was $10M.
How have Board of Trustees, Michigan Laborers' Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, Michigan Laborers' Annuity Fund's sponsor-wide assets grew 29.1%, from $100M to $129M.
Where does Michigan Laborers' Annuity Fund rank by assets among Form 5500 filers? ▼
Michigan Laborers' Annuity Fund ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to Michigan Laborers' Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by assets is Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust in MD ($129M, 294 participants).
Which Money Purchase plans cover a similar participant headcount to Michigan Laborers' Annuity Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is East Bay Restaurant & Tavern Retirement Plan in CA (4,313 participants, $36M in assets).