401(k) · DOL Form 5500 · 2022

Trustees of Pipe Fitters Association Local 597 401(k) Plan

Data updated 2026-08-25

$1.8B
Total assets Very large vs avg
9,124
Participants Very large workforce
99th
Percentile by assets National rank
$197,493
Avg per participant Above avg balance/head
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Official DOL plan name: Pipe Fitters Association L.U. 597, U.a. 401(k) Pla · Sponsored by Trustees of Pipe Fitters Association Local 597 · Illinois · Construction

$1.8B in assets, 9,124 participants

Trustees of Pipe Fitters Association Local 597's Pipe Fitters Association L.U. 597, U.a. 401(k) Pla reported $1.8B in total assets and 9,124 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #9,876 in Construction (9,927 peers)

Coverage in Illinois

Pipe Fitters Association L.U. 597, U.a. 401(k) Pla covers 9,124 participants in Illinois, 12x the typical Illinois plan (state average ~779 per filing). Assets: $1.8B.

#9,876
in Construction (9,927 peers)
-9.6%
assets change YoY
18×
vs typical plan assets (national mean)

The plan reported a net loss of $192M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pipe Fitters Association L.U. 597, U.a. 401(k) Pla's outsized position by total assets

Pipe Fitters Association L.U. 597, U.a. 401(k) Pla vs every filed plan by assets

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

$1,801,926,957 Top 1% higher than 99% 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

Pipe Fitters Association L.U. 597, U.a. 401(k) Pla'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. Pipe Fitters Association L.U. 597, U.a. 401(k) Pla lands in the large band (9,124 participants).

EBSA filing schedule strip

Filing strip 361820310 · Trustees of Pipe Fitters Association Local 597 PY 2022 · 401(k)

Pipe Fitters Association L.U. 597, U.a. 401(k) Pla · $1.8B · 9,124 · 99th

  • PHOTO $1.8B
  • IND 9,124
  • EOY 99th
  • 5500 401(k)
  • ASSETS near Republic Services, Inc. 401(k) Plan
  • PCT ind #9876

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 →

Pipe Fitters Association L.U. 597, U.a. 401(k) Pla in the asset neighbourhood

Republic Services, Inc. 401(k) PlanRepublic Services, Inc. 401(…$1.8BCapgemini Safe Harbor 401(k) PlanCapgemini Safe Harbor 401(k)…$1.8BPipe Fitters Association L.U. 597, U.a. 401(k) PlaPipe Fitters Association L.U…$1.8BFinra Savings Plus Plan$1.8BJacobs Technology Inc. Employees' Savings PlanJacobs Technology Inc. Emplo…$1.8B
End-of-year total assets ($B) among Pipe Fitters Association L.U. 597, U.a. 401(k) Pla and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$1.8B
Net Income-$192M
Employer EIN361820310
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Pipe Fitters Association Local 597)

Sponsor-wide plan assets over time

All Trustees of Pipe Fitters Association Local 597 plans reported in each filing year

Latest sponsor-wide plan assets
$2.5B 38.2343266647739% vs 2022
2024 filing year
$1.5B$2B$2.5B$3B 202220232024 $1.8B $2.49B ▲ +38.3%
Year Plans Participants Total Assets
2022 1 9,124 $1.8B
2023 1 9,128 $2.2B
2024 1 9,298 $2.5B

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Pipe Fitters Association L.U. 597, U.a. 401(k) Pla vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 05101520 Total assets ($B) Participants Pipe Fitters Association L.U. 597, U.a. 401(k) Pla, Total assets ($B): 1.801926957 · Participants: 9124Pipe Fitters Association L.U. 597, U.a. 401(k) PlaState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Pipe Fitters Association L.U. 597, U.a. 401(k) Pla vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Pipe Fitters Association L.U. 597, U.a. 401(k) Pla

Pipe Fitters Association L.U. 597, U.a. 401(k) Pla reports $1.8B in end-of-year assets across 9,124 participants (0.015% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $197,493 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2022 was -$192M.

This plan identity (EIN 361820310, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.5B (+38.2%) while covered participants moved from 9,124 to 9,298 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,124 $1.8B This page
2023 9,128 $2.2B Open filing
2024 · index core 9,298 $2.5B Open filing

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

Pipe Fitters Association L.U. 597, U.a. 401(k) Pla's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Republic Services, Inc. 401(k) Plan in AZ ($1.8B); by covered participants it is Delhaize America, LLC 401(k) Retirement Savings Plan in ME (9,128 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (9,124 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 Pipe Fitters Association L.U. 597, U.a. 401(k) Pla assets move in 2022? ▼
Pipe Fitters Association L.U. 597, U.a. 401(k) Pla pulled back noticeably - down 9.6% during 2022, from $2.0B to $1.8B. Reported net income was -$192M.
How have Trustees of Pipe Fitters Association Local 597 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Pipe Fitters Association Local 597's sponsor-wide assets grew 38.2%, from $1.8B to $2.5B.
Where does Pipe Fitters Association L.U. 597, U.a. 401(k) Pla rank by assets among Form 5500 filers? ▼
Pipe Fitters Association L.U. 597, U.a. 401(k) Pla ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Pipe Fitters Association L.U. 597, U.a. 401(k) Pla? ▼
Among 401(k) plans in other states, the closest by assets is Republic Services, Inc. 401(k) Plan in AZ ($1.8B, 28,320 participants).
Which 401(k) plans cover a similar participant headcount to Pipe Fitters Association L.U. 597, U.a. 401(k) Pla? ▼
Among 401(k) plans in other states, the closest by covered participants is Delhaize America, LLC 401(k) Retirement Savings Plan in ME (9,128 participants, $287M in assets).