Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of the Plumbers and Pipefitters Local 123 Pension Fund Pension Plan

Data updated 2026-08-11

$53M
Total assets
459
Participants
88th
Percentile by assets
$114,909
Avg per participant
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Official DOL plan name: Plumbers & Pipefitters Local 123 Pension Fund · Sponsored by Trustees of the Plumbers and Pipefitters Local 123 Pension Fund · Florida · Construction

$53M in assets, 459 participants

Trustees of the Plumbers and Pipefitters Local 123 Pension Fund's Plumbers & Pipefitters Local 123 Pension Fund reported $53M in total assets and 459 participants in its 2022 DOL Form 5500 filing, ranking in the 88th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 88th percentile by assets (of 139,126 plans)
  • #8,621 in Construction (9,927 peers)

Where Plumbers & Pipefitters Local 123 Pension Fund sits by assets

Plumbers & Pipefitters Local 123 Pension Fund sits in the top quartile of all filed plans by assets, $53M for 459 participants (~$114,909/participant), down 13.2% in 2022.

$53M
total plan assets (2022 EOY)
459
covered participants
88th
percentile by assets (of 139,126 plans)
$114,909
avg assets per participant

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Plumbers & Pipefitters Local 123 Pension Fund sits by total assets

Plumbers & Pipefitters Local 123 Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$52,743,057 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Florida
Industry
Construction

Plumbers & Pipefitters Local 123 Pension Fund vs the 2022 asset distribution

By assets, Plumbers & Pipefitters Local 123 Pension Fund outranks 88% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$53M
Net Income-$8M
Employer EIN596164124
Plan Effective Date1965-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the Plumbers and Pipefitters Local 123 Pension Fund)

$50M$55M$60M$65M$70M 202220232024 $52.7M $67.4M ▲ +27.7%
Total plan assets by year, all Trustees of the Plumbers and Pipefitters Local 123 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 459 $53M
2023 1 477 $60M
2024 1 558 $67M

Nearby Defined Benefit (Pension) Plans in Florida

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Plumbers & Pipefitters Local 123 Pension Fund vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -202468 Total assets ($B) Participants Plumbers & Pipefitte…, Total assets ($B): 0.052743057 · Participants: 459Plumbers & Pipefitte…L3harris Aviation Pr…, Total assets ($B): 6.623750939 · Participants: 10L3harris Aviation Pr…Nextera Energy, Inc.…, Total assets ($B): 4.827563863 · Participants: 13210Nextera Energy, Inc.…Csx Pension Plan, Total assets ($B): 2.20978 · Participants: 2728Csx Pension PlanRetirement Benefit A…, Total assets ($B): 1.852268551 · Participants: 5861Retirement Benefit A…Pricewaterhousecoope…, Total assets ($B): 1.789426694 · Participants: 3819Pricewaterhousecoope…
Plumbers & Pipefitters Local 123 Pension Fund vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
Compare Plumbers & Pipefitters Local 123 Pension… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Plumbers & Pipefitters Local 123 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Plumbers & Pipefitters Local 123 Pension Fund assets move in 2022? ▼
Plumbers & Pipefitters Local 123 Pension Fund pulled back noticeably - down 13.2% during 2022, from $61M to $53M. Reported net income was -$8M.
How have Trustees of the Plumbers and Pipefitters Local 123 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of the Plumbers and Pipefitters Local 123 Pension Fund's sponsor-wide assets grew 27.7%, from $53M to $67M.
Where does Plumbers & Pipefitters Local 123 Pension Fund rank by assets among Form 5500 filers? ▼
Plumbers & Pipefitters Local 123 Pension Fund ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Plumbers & Pipefitters Local 123 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Teamsters Bakery Drivers and Industry Pension Fund in NY ($53M, 228 participants).

Next read for Plumbers & Pipefitters Local 123 Pension…

Scale reading

Ways to act on Plumbers & Pipefitters Local 123 Pension Fund's numbers.

  • By total assets, Plumbers & Pipefitters Local 123 Pension Fund ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Florida. Compare plans
  • Trustees of the Plumbers and Pipefitters Local 123 Pension Fund's sponsor-wide assets have grown 27.7% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 596164124.

Read our methodology - how this data is sourced, computed, and verified.

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