Money Purchase · DOL Form 5500 · 2022

Local 51 Money Purchase Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
1,261
Participants Near avg headcount
90th
Percentile by assets National rank
$50,610
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #7,753 in Finance & Insurance (9,261 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.

#7,753
in Finance & Insurance (9,261 peers)
-15.2%
assets change YoY
0.6×
vs typical plan assets (national mean)

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's outsized position by total assets

Plumbers & Pipefitters Local Union #51 Annuity Plan vs every filed plan by assets

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

$63,818,882 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Plumbers & Pipefitters Local Union #51 Annuity Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plumbers & Pipefitters Local Union #51 Annuity Plan lands in the large band (1,261 participants).

Plan-year Form 5500 strip

Filing strip 050504791 · Local 51 PY 2022 · Money Purchase

Plumbers & Pipefitters Local Union #51 Annuity Plan · $64M · 1,261 · 90th

  • PCT $64M
  • EIN 1,261
  • RANK 90th
  • PHOTO Money Purchase
  • IND near IBEW Local 508 Pension Fund
  • EOY ind #7753

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Rhode Island →

Plumbers & Pipefitters Local Union #51 Annuity Plan in the asset neighbourhood

Rochester Laborers Annuity FundRochester Laborers Annuity F…$65MPlumbers & Pipefitters Local Union #51 Annuity PlanPlumbers & Pipefitters Local…$64MIBEW Local 508 Pension Fund$64MIndiana University Foundation, Inc. Sec. 403(b) DC Rtmt PlanIndiana University Foundatio…$63MPlumbers & Pipefitters Local 152 Retirement AnnuitPlumbers & Pipefitters Local…$63M
End-of-year total assets ($M) among Plumbers & Pipefitters Local Union #51 Annuity Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$64M
Net Income-$11M
Employer EIN050504791
Plan Effective Date1999-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 51)

Sponsor-wide plan assets over time

All Local 51 plans reported in each filing year

Latest sponsor-wide plan assets
$83M 29.86195057443971% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $63.8M $82.9M ▲ +29.9%
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 Scatter plot of 6 data points. -20000200040006000800010000 050100150200250 Total assets ($M) Participants Plumbers & Pipefitters Local Union #51 Annuity Plan, Total assets ($M): 63.818882 · Participants: 1261Plumbers & Pipefitters Local Union #51 Annuity PlanRhode Island Laborers Annuity Fund, Total assets ($M): 195.492165 · Participants: 8566Rhode Island Laborers Annuity FundAmerican Mathematical Society Retirement Plan, Total assets ($M): 52.515212 · Participants: 171American Mathematical Society Retirement PlanRhode Island Sheet Metal Workers Local 17 Annuity Fund, Total assets ($M): 18.732061 · Participants: 186Rhode Island Sheet Metal Workers Local 17 Annuity FundRi Shipping Assn Intl Longshoremen's Assn Annuity Fund, Total assets ($M): 16.638298 · Participants: 135Ri Shipping Assn Intl Longshoremen's Assn Annuity FundBlackstone Valley Community Health Care Retirement Plan, Total assets ($M): 12.793516 · Participants: 218Blackstone Valley Community Health Care Retirement Plan
Plumbers & Pipefitters Local Union #51 Annuity Plan vs. nearby Money Purchase plans in Rhode Island, assets vs. participants
Compare Plumbers & Pipefitters Local Union #51 Annuity Plan side-by-side with 3 peers →

Plumbers & Pipefitters Local Union #51 Annuity Plan's out-of-state Money Purchase peers by assets and headcount

Outside Rhode Island, the nearest Money Purchase by assets is IBEW Local 508 Pension Fund in GA ($64M); by covered participants it is Komatsu America Corp. Target Benefit/Defined Contribution Plan in IL (1,255 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($64M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,261 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Plumbers & Pipefitters Local Union #51 Annuity Plan assets move in 2022? ▼
Plumbers & Pipefitters Local Union #51 Annuity Plan declined sharply - down 15.2% during 2022, from $75M to $64M. Reported net income was -$11M.
How have Local 51 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Local 51's sponsor-wide assets grew 29.9%, from $64M to $83M.
Where does Plumbers & Pipefitters Local Union #51 Annuity Plan rank by assets among Form 5500 filers? ▼
Plumbers & Pipefitters Local Union #51 Annuity Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to Plumbers & Pipefitters Local Union #51 Annuity Plan? ▼
Among Money Purchase plans in other states, the closest by assets is IBEW Local 508 Pension Fund in GA ($64M, 768 participants).
Which Money Purchase plans cover a similar participant headcount to Plumbers & Pipefitters Local Union #51 Annuity Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Komatsu America Corp. Target Benefit/Defined Contribution Plan in IL (1,255 participants, $67M in assets).

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 050504791.

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.