Defined Benefit (Pension) · DOL Form 5500 · 2022

Shopmens Division Local 597 Joint Board of Trustees Pension Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
130
Participants Small participant base
71st
Percentile by assets National rank
$105,514
Avg per participant Below avg balance/head
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Official DOL plan name: Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 · Sponsored by Shopmens Division Local 597 Joint Board of Trustees · Illinois · Construction

$14M in assets, 130 participants

Shopmens Division Local 597 Joint Board of Trustees's Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 reported $14M in total assets and 130 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #7,010 in Construction (9,927 peers)

Coverage in Illinois

Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 covers 130 participants in Illinois, about 17% of the average Illinois filer (state average ~779 per filing). Assets: $14M.

#7,010
in Construction (9,927 peers)
-20.0%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597's outsized position by total assets

Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 vs every filed plan by assets

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

$13,716,803 Top 29% higher than 71% 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

Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 sits mid-pack in the medium band (130 participants).

Published 5500 schedule card

Filing strip 366511016 · Shopmens Division Local 597 Joint Board of Trustees PY 2022 · Defined Benefit (Pension)

Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 · $14M · 130 · 71st

  • EBSA $14M
  • PART 130
  • TYPE 71st
  • NET Defined Benefit (Pension)
  • BOOK near Baker & Hostetler Retirement Benefit Enhancement Plan
  • VS-ST ind #7010

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 Construction retirement plans → · Plans in Illinois →

Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 in the asset neighbourhood

Cozen O'connor Cash Balance Plan aCozen O'connor Cash Balance …$14MCozen O'connor Cash Balance Plan BCozen O'connor Cash Balance …$14MPlumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597Plumbing & Heating Wholesale…$14MBaker & Hostetler Retirement Benefit Enhancement PlanBaker & Hostetler Retirement…$14MSummit Credit Union Retirement Pension PlanSummit Credit Union Retireme…$14M
End-of-year total assets ($M) among Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$14M
Net Income-$3M
Employer EIN366511016
Plan Effective Date1972-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shopmens Division Local 597 Joint Board of Trustees)

Sponsor-wide plan assets over time

All Shopmens Division Local 597 Joint Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$16M 18.106697311319557% vs 2022
2024 filing year
$13M$14M$15M$16M$17M 202220232024 $13.7M $16.2M ▲ +18.1%
Year Plans Participants Total Assets
2022 1 130 $14M
2023 1 131 $15M
2024 1 137 $16M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597, Total assets ($B): 0.013716803 · Participants: 130Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597Central States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 42.629770802 · Participants: 50096Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories Annuity Retirement Plan
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Baker & Hostetler Retirement Benefit Enhancement Plan in OH ($14M); by covered participants it is Components Pension Plan for Puerto Rico in PR (130 participants). Same-state nearby plans are listed separately above.

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 Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 assets move in 2022?
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 declined sharply - down 20.0% during 2022, from $17M to $14M. Reported net income was -$3M.
How have Shopmens Division Local 597 Joint Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Shopmens Division Local 597 Joint Board of Trustees's sponsor-wide assets grew 18.1%, from $14M to $16M.
Which Defined Benefit (Pension) plans are similar in size to Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Baker & Hostetler Retirement Benefit Enhancement Plan in OH ($14M, 192 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Components Pension Plan for Puerto Rico in PR (130 participants, $180M in assets).