Defined Benefit (Pension) · DOL Form 5500 · 2022

Steelworkers Pension Trust Pension Plan

Data updated 2026-08-06

$5.9B
Total assets
52,395
Participants
100th
Percentile by assets
$112,767
Avg per participant
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Official DOL plan name: Steelworkers Pension Trust · Sponsored by Steelworkers Pension Trust · Pennsylvania · Finance & Insurance

$5.9B in assets, 52,395 participants

Steelworkers Pension Trust's Steelworkers Pension Trust reported $5.9B in total assets and 52,395 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 139,258 plans)
  • #9,232 in Finance & Insurance (9,267 peers)

Coverage in Pennsylvania

Steelworkers Pension Trust covers 52,395 participants in Pennsylvania, 64x the typical Pennsylvania plan (state average ~824 per filing). Assets: $5.9B.

$5.9B
total plan assets (2022 EOY)
52,395
covered participants
100th
percentile by assets (of 139,258 plans)
$112,767
avg assets per participant

The plan reported a net loss of $1.1B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Steelworkers Pension Trust reports 52,395 participants - 64x that state average ($5.9B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$7.0B
Net Assets (End of Year)$5.8B
Net Income-$1.1B
Employer EIN236648508
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steelworkers Pension Trust)

$5.5B$6B$6.5B$7B$7.5B 202220232024 $5.91B $7.23B ▲ +22.3%
Total plan assets by year, all Steelworkers Pension Trust plans on file
Year Plans Participants Total Assets
2022 1 52,395 $5.9B
2023 1 47,052 $6.6B
2024 1 46,110 $7.2B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Steelworkers Pension Trust vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Steelworkers Pension Trust vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 24681012 Total assets ($B) Participants Steelworkers Pension…National Elevator In…The PNC Financial Se…Constellation Retire…The Bank of New York…United States Steel …
Steelworkers Pension Trust vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Scale composition for Steelworkers Pension Trust

Steelworkers Pension Trust reports $5.9B in end-of-year assets across 52,395 participants (0.051% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.058% of 89,805,449 covered participants) - about $112,767 per participant (82% of the national average assets-per-participant) . Net income for plan year 2022 was -$1.1B.

This plan identity (EIN 236648508, plan #499) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.9B to $7.2B (+22.5%) while covered participants moved from 52,395 to 46,110 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 52,395 $5.9B This page
2023 47,052 $6.6B Open filing
2024 · index core 46,110 $7.2B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Steelworkers Pension Trust by total assets, not by location.

Frequently Asked Questions

How did Steelworkers Pension Trust assets move in 2022?
Steelworkers Pension Trust declined sharply - down 15.6% during 2022, from $7.0B to $5.9B. Reported net income was -$1.1B.
How have Steelworkers Pension Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), Steelworkers Pension Trust's sponsor-wide assets grew 22.5%, from $5.9B to $7.2B.
Where does Steelworkers Pension Trust rank by assets among Form 5500 filers?
Steelworkers Pension Trust ranks in the 100th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Steelworkers Pension Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Eversource Pension Plan in CT ($5.9B, 4,126 participants).

Filing takeaways

Ways to act on Steelworkers Pension Trust's numbers.