Money Purchase Plans

Largest Money Purchase plans by total assets. Source: DOL Form 5500, 2024 plan year.

$113.9B across 50 plans

According to DOL Form 5500 filings (plan year 2024), the 50 largest Money Purchase plans hold $113.9B in combined assets and cover 738,526 participants; National Electrical Annuity Plan leads at $18.1B.

  • $18.1B #1 - National Electrical Annuit
  • 50 plans ranked

What the Data Shows About Money Purchase Plans

A money purchase pension plan requires the employer to contribute a fixed percentage of each eligible employee's pay every year, regardless of company profits. This page ranks the 50 largest Money Purchase plans in the dataset by end-of-year total assets. Together the plans listed here hold $113.9B in aggregate assets and cover 738,526 participants, a mix of active employees, separated workers with remaining balances, and retirees receiving benefits.

The largest plan in this category, National Electrical Annuity Plan (Trustees of the National Electrical Annuity Plan, MD), reports $18.1B in assets with 86,141 participants. Within Money Purchase plans, size reflects a combination of workforce scale, employer contribution rates, employee deferral rates, and long-term investment performance, not a quality rating. Larger plans often benefit from lower per-participant fees, broader investment menus, and more sophisticated administration, but participant outcomes depend on contribution behavior and investment selection. Ranking tables below link to each plan's detail page for EIN, filing status, effective date, and net income.

All figures come from Form 5500 annual returns for the 2024 plan year, filed with the DOL's EBSA and released through EFAST2. Totals reflect a single year-end snapshot and fluctuate with markets and plan activity. This page is informational only, it summarizes public regulatory filings for research and educational purposes, and is not retirement, tax, legal, or financial advice. Before relying on any figure to evaluate an employer's Money Purchase plan or make retirement decisions, verify the underlying filing directly on EFAST2 and consult a qualified professional.

Showing 50 of 50
# Plan Name Sponsor State Participants Total Assets
1 National Electrical Annuity Plan Trustees of the National Electrical Annuity Plan MD 86,141 $18.1B
2 The Permanente Contribution Plan of the Permanente Medical Group, Inc. The Permanente Medical Group, Inc. CA 18,550 $7.9B
3 Tiaa Retirement Plan Teachers Insurance and Annuity Association of America NY 11,906 $5.9B
4 Kaiser Permanente Supplemental Savings and Retirement Plan Kaiser Foundation Health Plan, Inc. CA 37,013 $5.7B
5 University of Southern California Defined Contribution Retirement Plan University of Southern California CA 19,806 $5.0B
6 Young Men's Christian Association Retirement Fund Retirement Plan Young Men's Christian Association Retirement Fund NY 47,199 $3.9B
7 Carpenters Annuity Trust Fund for Northern California Carpenters Annuity Trust Fund for Northern California CA 24,741 $3.5B
8 The Johns Hopkins University Applied Physics Laboratory Pension Plan a The Johns Hopkins University Applie D Physics Laboratory LLC Jhu/Apl MD 8,190 $3.0B
9 The Mitre Corporation Qualified Retirement Plan The Mitre Corporation VA 12,228 $2.8B
10 International Brotherhood of Electrical Workers District No. 9 Pension Plan Board of Trustees, International Brotherhood of OR 29,645 $2.5B
11 UPS/Ipa Defined Contribution Money Purchase Pension Plan United Parcel Service Company KY 1,984 $2.5B
12 Princeton University Retirement Plan Princeton University NJ 8,833 $2.4B
13 Retirement Income Plan for Teaching Faculty of Harvard University President & Fellows of Harvard College Harvard Human Resources, Benefi MA 2,774 $2.4B
14 Directors Guild of America - Producer Pension Plan Supplemental Benefit Plan Board of Trustees, Directors Guild of America - CA 23,032 $2.3B
15 Massachusetts Laborers' Annuity Fund Bd. of Trustees of Mass. Laborers Annuity Fund MA 11,506 $2.3B
16 Southern Electrical Retirement Fund Board of Trustees - Southern Electrical Retirement Fund TN 11,461 $2.2B
17 McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan McKinsey & Company, Inc. NY 15,274 $2.2B
18 Harvard University Defined Contribution Retirement Plan President & Fellows of Harvard College Harvard Human Resources, Benefi MA 14,571 $2.0B
19 Local No. 1 IBEW Pension Benefit Trust Fund Trustees of Local No. 1 Pension Benefit Trust Fund MO 4,749 $1.9B
20 Electrical Workers Deferred Income Plan Local 103, I.B.E.W. Joint Board of Trustees, Electrical MA 8,421 $1.8B
21 The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan The Sherwin-Williams Company OH 47,538 $1.7B
22 The Cleveland Clinic Foundation Cash Balance Plan The Cleveland Clinic Foundation OH 4,957 $1.6B
23 Central Midwest Regional Council of Carpenters Defined Contribution Pension Plan Trustees of Central Midwest Regional Council of Carpenters DC Pension MI 35,197 $1.6B
24 Laborers Annuity Plan for Northern California Board of Trustees Laborers Pension Trust Fund for Nor Cal-Annuity CA 29,331 $1.6B
25 Brookhaven Science Associates, LLC Retirement Plan Brookhaven Science Associates, LLC NY 2,624 $1.5B
26 The George Washington University Retirement Plan for Faculty and Staff The George Washington University VA 3,862 $1.4B
27 Scripps Health Retirement Savings Plan Scripps Health CA 16,148 $1.3B
28 California Iron Workers Field Defined Contribution Pension Trust Fund Board of Trustees, California Iron Workers Field Defined Contribution CA 14,825 $1.3B
29 Southern California IBEW-NECA Defined Contribution Plan Board of Trustees, Southern California IBEW-NECA CA 26,682 $1.3B
30 Occidental Petroleum Corporation Retirement Plan Occidental Petroleum Corporation TX 7,877 $1.3B
31 Employees Retirement Plan of Marshfield Clinic Marshfield Clinic, Inc. WI 8,328 $1.3B
32 Iron Workers Locals 40, 361 & 417 Annuity Fund Board of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund NY 2,357 $1.2B
33 Northwest Permanente, P.C. Retirement Plan - Mpp Aspect Northwest Permanente, P.C. OR 1,562 $1.1B
34 Alcon Retirement Plan Alcon Vision, LLC TX 9,762 $1.1B
35 NECA-IBEW Pension Benefit Trust Fund Board of Trustees of the NECA-IBEW Pension Benefit Trust Fund MO 4,119 $1.0B
36 Tufts University Basic Retirement Plan Trustees of Tufts College MA 5,769 $1.0B
37 Local 68 Engineers Union Annuity Plan Local 68 Engineers Union Annuity Fund Board of Trustees NJ 5,385 $971M
38 Excavators Union Local 731 Annuity Fund Excavators Union Local 731 Annuity Board of Trustees NY 6,236 $953M
39 Nysa-Ila Money Purchase Pension Fund and Plan Board of Trustees NJ 4,689 $936M
40 Massachusetts Financial Services Company Defined Contribution Plan Massachusetts Financial Services Company MA 1,723 $936M
41 401(a) Def Cont Ret Plan for Dartmouth College Faculty/Staff Trustees of Dartmouth College NH 4,152 $933M
42 William Marsh Rice University Defined Contribution Retirement Plan William Marsh Rice University TX 6,787 $930M
43 Kaiser Permanente Supplemental Savings and Retirement Plan for Scpmg Southern California Permanente Medical Group CA 6,452 $899M
44 Teamster Local 282 Annuity Trust Fund Board of Trustees Local 282 NY 3,887 $887M
45 New England Electrical Workers Money Purchase Plan and Trust New England Electrical Workers Money Purchase Plan and Trust CT 9,637 $870M
46 Pacific Coast Benefits Trust Fund Board of Trustees, Pacific Coast Benefits Trust Fund WA 49,727 $838M
47 Kaiser Permanente Supplemental Savings and Retirement Plan for Union Groups Kaiser Foundation Health Plan, Inc. CA 12,349 $833M
48 Central Pennsylvania Teamsters Retirement Income Plan 1987 Central Pennsylvania Teamsters Pension Fund, Trustees PA 3,427 $806M
49 Retirement Plan for Employees of Fermi Research Alliance, LLC Fermi Research Alliance, LLC IL 1,782 $796M
50 Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan Pipefitters Local Union No.537 MA 3,331 $785M

Nearby Plan Types

Other employer-sponsored retirement plan categories filed on Form 5500.

Frequently Asked Questions

What is a Money Purchase plan?
A money purchase pension plan requires the employer to contribute a fixed percentage of each eligible employee's pay every year, regardless of company profits.
What are the largest Money Purchase plans in the U.S.?
The largest Money Purchase plan is National Electrical Annuity Plan with $18.1B in total assets. This page lists the top 50 Money Purchase plans ranked by total assets.
How many Money Purchase plans are there in the U.S.?
The DOL Form 5500 dataset includes thousands of Money Purchase plans. This page shows the 50 largest by total assets. The full dataset covers all employer-sponsored retirement plans filed with the Department of Labor.
Where does Money Purchase plan data come from?
All data on this page comes from DOL Form 5500 annual filings, which employers must submit to the U.S. Department of Labor for retirement plans with 100+ participants. Data reflects the 2024 plan year.

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Source: U.S. Department of Labor, EBSA Form 5500 public disclosure dataset. Plan year 2024. This page aggregates plans where the filer coded the plan as Money Purchase.

Source: DOL EFAST2 filing system (efast.dol.gov) - plan type classification reflects the code selected by the plan administrator at filing time.

Next steps for Money Purchase plans

Use the Money Purchase data above to benchmark reported plan size, assets, and participant counts.

Plan-type classification based on Form 5500 filing characteristics. U.S. Department of Labor Form 5500 filings (EBSA).

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-25.