Defined Benefit (Pension) · DOL Form 5500 · 2022

Plumbers & Pipefitters Local 162 Pension Plan

Data updated 2026-08-11

$71M
Total assets
624
Participants
91st
Percentile by assets
$114,317
Avg per participant
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Official DOL plan name: Plumbers & Pipefitters Local 162 Pension Fund · Sponsored by Plumbers & Pipefitters Local 162 · Ohio · Construction

$71M in assets, 624 participants

Plumbers & Pipefitters Local 162's Plumbers & Pipefitters Local 162 Pension Fund reported $71M in total assets and 624 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 139,126 plans)
  • #8,859 in Construction (9,927 peers)

Where Plumbers & Pipefitters Local 162 Pension Fund sits by assets

Plumbers & Pipefitters Local 162 Pension Fund sits in the top 10% of all filed plans by assets, $71M for 624 participants (~$114,317/participant), down 14.5% in 2022.

$71M
total plan assets (2022 EOY)
624
covered participants
91st
percentile by assets (of 139,126 plans)
$114,317
avg assets per participant

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Plumbers & Pipefitters Local 162 Pension Fund sits by total assets

Plumbers & Pipefitters Local 162 Pension Fund vs every filed plan by assets

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

$71,333,894 Top 9% higher than 91% 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
Industry

Plumbers & Pipefitters Local 162 Pension Fund vs the 2022 asset distribution

By assets, Plumbers & Pipefitters Local 162 Pension Fund outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$83M
Net Assets (End of Year)$71M
Net Income-$12M
Employer EIN316125999
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers & Pipefitters Local 162)

$60M$70M$80M$90M$100M$110M 202220232024 $71.3M $98.3M ▲ +37.9%
Total plan assets by year, all Plumbers & Pipefitters Local 162 plans on file
Year Plans Participants Total Assets
2022 1 624 $71M
2023 1 390 $80M
2024 1 862 $98M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Plumbers & Pipefitters Local 162 Pension Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Plumbers & Pipefitters Local 162 Pension Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Plumbers & Pipefitte…Firstenergy Corp. Ma…Nationwide Retiremen…American Electric Po…Ohio Operating Engin…Laborers District Co…
Plumbers & Pipefitters Local 162 Pension Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Plumbers & Pipefitters Local 162 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Plumbers & Pipefitters Local 162 Pension Fund assets move in 2022?
Plumbers & Pipefitters Local 162 Pension Fund pulled back noticeably - down 14.5% during 2022, from $83M to $71M. Reported net income was -$12M.
How have Plumbers & Pipefitters Local 162 plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers & Pipefitters Local 162's sponsor-wide assets grew 37.8%, from $71M to $98M.
Where does Plumbers & Pipefitters Local 162 Pension Fund rank by assets among Form 5500 filers?
Plumbers & Pipefitters Local 162 Pension Fund ranks in the 91st 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 Defined Benefit (Pension) plans are similar in size to Plumbers & Pipefitters Local 162 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Technicolor USA, Inc. Pension Plan for Employees in CA ($71M, 463 participants).

Next read for Plumbers & Pipefitters Local 162 Pension…

Scale reading

Ways to act on Plumbers & Pipefitters Local 162 Pension Fund's numbers.

  • By total assets, Plumbers & Pipefitters Local 162 Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Ohio. Compare plans
  • Plumbers & Pipefitters Local 162's sponsor-wide assets have grown 37.8% since 2022 across 3 plan years on file. More Construction plans