Money Purchase · DOL Form 5500 · 2022

Steamfitters Industry Welfare Fund Board of Trustees Money Purchase Plan

Data updated 2026-08-11

$14M
Total assets
35
Participants
71st
Percentile by assets
$392,155
Avg per participant
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Official DOL plan name: The Steamfitters Industry Fund Office Money Purchase Pension Plan · Sponsored by Steamfitters Industry Welfare Fund Board of Trustees · New York · Finance & Insurance

$14M in assets, 35 participants

Steamfitters Industry Welfare Fund Board of Trustees's The Steamfitters Industry Fund Office Money Purchase Pension Plan reported $14M in total assets and 35 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.

  • 71st percentile by assets (of 139,126 plans)
  • #5,123 in Finance & Insurance (9,261 peers)

Steamfitters Industry Welfare Fund Board of Trustees multi-year trail

Steamfitters Industry Welfare Fund Board of Trustees's plans moved +37.2% in assets from 2022 to 2024; this filing shows The Steamfitters Industry Fund Office Money Purchase Pension Plan at $14M / 35 participants.

$14M
total plan assets (2022 EOY)
35
covered participants
71st
percentile by assets (of 139,126 plans)
$392,155
avg assets per participant

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.

State

Steamfitters Industry Welfare Fund Board of Trustees across 3 plan years on file

Across the 3 plan years Steamfitters Industry Welfare Fund Board of Trustees has on file (2022-2024), sponsor-wide plan assets have moved from $14M to $19M, a gain of 37.2%, while reported participants moved from 35 to 31 (-11.4%). Peak year by sponsor assets: 2024 ($19M); trough: 2022 ($14M).

Steamfitters Industry Welfare Fund Board of Trustees multi-year asset trail

$12M$14M$16M$18M$20M 202220232024 $13.7M $18.8M ▲ +37.1%
Total plan assets by year, all Steamfitters Industry Welfare Fund Board of Trustees plans on file
Year Plans Participants Total Assets
2022 1 35 $14M
2023 1 33 $16M
2024 1 31 $19M

Steamfitters Industry Welfare Fund Board of Trustees filing trail (2022)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$14M
Net Income-$3M
Employer EIN131545680
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in New York

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

The Steamfitters Industry Fund Office Money Purchase Pension Plan vs. nearby Money Purchase plans in New York, assets vs. participants

The Steamfitters Industry Fund Office Money Purchase Pension Plan vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -1012345 Total assets ($B) Participants The Steamfitters Ind…Tiaa Retirement PlanYoung Men's Christia…McKinsey & Company, …Brookhaven Science A…Iron Workers Locals …
The Steamfitters Industry Fund Office Money Purchase Pension Plan vs. nearby Money Purchase plans in New York, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to The Steamfitters Industry Fund Office Money Purchase Pension Plan by total assets, not by location.

Frequently Asked Questions

How did The Steamfitters Industry Fund Office Money Purchase Pension Plan assets move in 2022?
The Steamfitters Industry Fund Office Money Purchase Pension Plan declined sharply - down 17.2% during 2022, from $17M to $14M. Reported net income was -$3M.
How have Steamfitters Industry Welfare Fund Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Steamfitters Industry Welfare Fund Board of Trustees's sponsor-wide assets grew 37.2%, from $14M to $19M.
Which Money Purchase plans are similar in size to The Steamfitters Industry Fund Office Money Purchase Pension Plan?
Among Money Purchase plans in other states, the closest by assets is Composition Roofers Industry Local No. 10 Pension Plan in NJ ($14M, 155 participants).

Next read for The Steamfitters Industry Fund Office Mo…

Multi-year trail

Ways to act on The Steamfitters Industry Fund Office Money Purchase Pension Plan's numbers.

  • By total assets, The Steamfitters Industry Fund Office Money Purchase Pension Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
  • Steamfitters Industry Welfare Fund Board of Trustees's sponsor-wide assets have grown 37.2% since 2022 across 3 plan years on file. More Finance & Insurance plans