Intl' Assoc' Machin Motor City Pens retirement plan: assets, participants and fees
What Intl' Assoc' Machin Motor City Pens' retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Benesys, Inc | Schedule C ↗ |
| Independent auditor | Wesley Haddad LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 28 pension plans in transportation and warehousing with 500 to 999 participants.
| Intl' Assoc' Machin Motor City Pens: employer contribution per participant | $183 | |
| Peer median | $1,855 |
| Intl' Assoc' Machin Motor City Pens: average balance | $128,796 | |
| Peer median | $78,640 |
| Intl' Assoc' Machin Motor City Pens: admin expenses ÷ assets | 0.90% | |
| Peer median | 0.67% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $53.7M at the end of plan year 2021 to $117M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 911 | $117M | $166K | $183 | 0.90% | Not published | Form 5500 ↗ |
| 2023 | 933 | $111M | $152K | $163 | 0.69% | Not published | Form 5500 ↗ |
| 2022 | 934 | $106M | $651K | $697 | 0.95% | Not published | Form 5500 ↗ |
| 2021 | 1,037 | $53.7M | $646K | $623 | 0.86% | Not published | Form 5500 ↗ |
Common questions
Does Intl' Assoc' Machin Motor City Pens match 401(k) contributions?
The match terms for the I.A. of M. Motor City Pension Fund have not been published from its filing yet. The plan year 2024 filing reports $166K in employer contributions, about $183 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Intl' Assoc' Machin Motor City Pens 401(k) match vested?
The vesting schedule for the I.A. of M. Motor City Pension Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the Intl' Assoc' Machin Motor City Pens 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Benesys, Inc. The plan administrator is Intl' Assoc' Machin Motor City Pens.
I left Intl' Assoc' Machin Motor City Pens. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Intl' Assoc' Machin Motor City Pens, (248) 813-9800) or the recordkeeper, Benesys, Inc. The Intl' Assoc' Machin Motor City Pens old 401(k) page lists the contacts from every plan filing. Find an old Intl' Assoc' Machin Motor City Pens 401(k)
Data from the public Form 5500 annual reports Intl' Assoc' Machin Motor City Pens filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Intl' Assoc' Machin Motor City Pens. Not financial advice. Report a correction · Methodology