Trustees of Michiana Area Elec Workers' Money Purchase PlanMoney purchase plan
MICHIANA AREA ELECTRICAL WORKERS' MONEY PURCHASE PLAN · LANSING, MI · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Trustees of Michiana Area Elec Workers' Money Purchase Plan reported $175,251 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $5,095 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 2 years on file its reported administrative ratio rose from 0.14% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 235th-largest of 2,619 plans among Michigan employers on file, and the 525th of 5,337 in construction. active participation has grown from 1,017 to 1,389 since 2022.
Trustees of Michiana Area Elec Workers' Money Purchase Plan's 2024 employer contribution ran above 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.
This plan has changed recordkeepers within these filings. If you left Trustees of Michiana Area Elec Workers' Money Purchase Plan before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 351861971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.