Machinists' Money Purchase Pension FundMoney purchase plan
MACHINISTS' MONEY PURCHASE PENSION FUND · ENGLEWOOD CLIFFS, NJ · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Machinists' Money Purchase Pension Fund reported $507,589 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,565 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio has held roughly steady near 0.766%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 472nd-largest of 2,419 plans among New Jersey employers on file, and the 310th of 2,677 in transportation & warehousing.
Machinists' Money Purchase Pension Fund's 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 223290508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.