Money Purchase · DOL Form 5500 · 2024
Board of Trustees, Michigan Laborers' Annuity Fund Money Purchase Plan
Data updated 2026-08-11
- $129M
- Total assets
- 4,355
- Participants
- 92nd
- Percentile by assets
- $29,648
- Avg per participant
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.
- 92nd percentile by assets (of 123,622 plans)
- #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.
- $129M
- total plan assets (2024 EOY)
- 4,355
- covered participants
- 92nd
- percentile by assets (of 123,622 plans)
- $29,648
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Michigan Laborers' Annuity Fund reports 4,355 participants - 6.8x that state average ($129M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $119M |
|---|---|
| Net Assets (End of Year) | $129M |
| Net Income | $10M |
| Employer EIN | 383345443 |
| Plan Effective Date | 1997-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Michigan Laborers' Annuity Fund)
| 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
- 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
- Michiana Area Electrical Workers' Money Purchase Plan $124M · 782
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Michigan Laborers' Annuity Fund by total assets, not by location.
Frequently Asked Questions
How did Michigan Laborers' Annuity Fund assets move in 2024? ▼
How have Board of Trustees, Michigan Laborers' Annuity Fund plan assets changed over time? ▼
Where does Michigan Laborers' Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Michigan Laborers' Annuity Fund? ▼
Next read for Michigan Laborers' Annuity Fund
Filing takeaways
Ways to act on Michigan Laborers' Annuity Fund's numbers.
- By total assets, Michigan Laborers' Annuity Fund ranks in the top 10% 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, Michigan Laborers' Annuity Fund's sponsor-wide assets have grown 29.1% since 2022 across 3 plan years on file. More Construction plans