Thank you everyone for all the helpful the suggestions.
Here is where I am at right now. I disassembled the entire unit. Cleaned everything with de-natured Alcohol. Re-lubed all the pivot points with labelle 106.
I removed the groove pin and I cleaned the plunger, checked all the wiring and solder points..all that looks good and seems to be getting voltage. I placed white lithium grease in the dashpot/cylinder with care to seal around the opening going out towards the groove pin .
For power I am using one side (variable powered) of a KW hooked up that runs (4) 022 switches and 2 remote control track sections all under separate voltage from that side of the KW. The other side of the KW runs some accessories, #455 oil derrick, #145 gateman , 394 beacon. These I can power off through a toggle, but the KW has always handled all this fine as it is devoted to just these accessories, the 4 switches and the 2 RC tracks alone and runs nothing else at all.
The plunger moves by hand and seems to move pretty easily with little resistance aside from what you would expect from the springs.
Anyway it still has the same result. When I apply voltage I hear the coil buzz low, but it doesn't seem to want to pull the plunger/piston at all into the coil. Once I push on the end of the plunger and push it by hand into the coil it will hold and buzzes much louder, but it just wont' draw into the coil on its own from the start point...even at 20 volt setting on the KW handle. I'm thinking I need a new plunger coil assembly because either the coil is not activating strongly enough to draw the plunger or as Walt suggest maybe somehow the piston has become magnetized against the coil draw (not sure if this is even possible but who knows).
thanks again.