Money Purchase · DOL Form 5500 · 2022
Local 51 Money Purchase Plan
Data updated 2026-08-06
- $64M
- Total assets
- 1,261
- Participants
- 90th
- Percentile by assets
- $50,610
- Avg per participant
Official DOL plan name: Plumbers & Pipefitters Local Union #51 Annuity Plan · Sponsored by Local 51 · Rhode Island · Finance & Insurance
$64M in assets, 1,261 participants
Local 51's Plumbers & Pipefitters Local Union #51 Annuity Plan reported $64M in total assets and 1,261 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 139,258 plans)
- #7,757 in Finance & Insurance (9,267 peers)
Where Plumbers & Pipefitters Local Union #51 Annuity Plan sits by assets
Plumbers & Pipefitters Local Union #51 Annuity Plan sits in the top 10% of all filed plans by assets, $64M for 1,261 participants (~$50,610/participant), down 15.2% in 2022.
- $64M
- total plan assets (2022 EOY)
- 1,261
- covered participants
- 90th
- percentile by assets (of 139,258 plans)
- $50,610
- avg assets per participant
The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Plumbers & Pipefitters Local Union #51 Annuity Plan vs the 2022 asset distribution
By assets, Plumbers & Pipefitters Local Union #51 Annuity Plan outranks 90% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $75M |
|---|---|
| Net Assets (End of Year) | $64M |
| Net Income | -$11M |
| Employer EIN | 050504791 |
| Plan Effective Date | 1999-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local 51)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,261 | $64M |
| 2023 | 1 | 1,273 | $73M |
| 2024 | 1 | 1,305 | $83M |
Nearby Money Purchase Plans in Rhode Island
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Plumbers & Pipefitters Local Union #51 Annuity Plan vs. nearby Money Purchase plans in Rhode Island, assets vs. participants
- Rhode Island Laborers Annuity Fund $195M · 8,566
- American Mathematical Society Retirement Plan $53M · 171
- Rhode Island Sheet Metal Workers Local 17 Annuity Fund $19M · 186
- Ri Shipping Assn Intl Longshoremen's Assn Annuity Fund $17M · 135
- Blackstone Valley Community Health Care Retirement Plan $13M · 218
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Plumbers & Pipefitters Local Union #51 Annuity Plan by total assets, not by location.
- IBEW Local 508 Pension Fund (GA) $64M · 768
- Indiana University Foundation, Inc. Sec. 403(b) DC Rtmt Plan (IN) $63M · 232
- Plumbers & Pipefitters Local 152 Retirement Annuit (WV) $63M · 3,241
- Rochester Laborers Annuity Fund (NY) $65M · 1,686
Frequently Asked Questions
How did Plumbers & Pipefitters Local Union #51 Annuity Plan assets move in 2022? ▼
How have Local 51 plan assets changed over time? ▼
Where does Plumbers & Pipefitters Local Union #51 Annuity Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Plumbers & Pipefitters Local Union #51 Annuity Plan? ▼
Next read for Plumbers & Pipefitters Local Union #51 A…
Scale reading
Ways to act on Plumbers & Pipefitters Local Union #51 Annuity Plan's numbers.
- By total assets, Plumbers & Pipefitters Local Union #51 Annuity Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Rhode Island. Compare plans
- Local 51's sponsor-wide assets have grown 29.9% since 2022 across 3 plan years on file. More Finance & Insurance plans