Defined Benefit (Pension) · DOL Form 5500 · 2022

Pipe Fitters Local Union 120 Pens. Fund Pension Plan

Data updated 2026-08-25

$195M
Total assets Near avg plan size
653
Participants Below avg headcount
96th
Percentile by assets National rank
$297,858
Avg per participant High balance/head
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Official DOL plan name: Pipe Fitters Local Union No. 120 Pension Plan · Sponsored by Pipe Fitters Local Union 120 Pens. Fund · Ohio · Finance & Insurance

$195M in assets, 653 participants

Pipe Fitters Local Union 120 Pens. Fund's Pipe Fitters Local Union No. 120 Pension Plan reported $195M in total assets and 653 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,559 in Finance & Insurance (9,261 peers)

Where Pipe Fitters Local Union No. 120 Pension Plan sits by assets

Pipe Fitters Local Union No. 120 Pension Plan sits in the top 5% of all filed plans by assets, $195M for 653 participants (~$297,858/participant), down 16.0% in 2022.

#8,559
in Finance & Insurance (9,261 peers)
-16.0%
assets change YoY
2.0×
vs typical plan assets (national mean)

The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pipe Fitters Local Union No. 120 Pension Plan's outsized position by total assets

Pipe Fitters Local Union No. 120 Pension Plan vs every filed plan by assets

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

$194,501,227 Top 4% higher than 96% 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 Local Union No. 120 Pension Plan 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. Pipe Fitters Local Union No. 120 Pension Plan sits mid-pack in the medium band (653 participants).

DOL schedule card

Filing strip 346711591 · Pipe Fitters Local Union 120 Pens. Fund PY 2022 · Defined Benefit (Pension)

Pipe Fitters Local Union No. 120 Pension Plan · $195M · 653 · 96th

  • ASSETS $195M
  • PCT 653
  • EIN 96th
  • RANK Defined Benefit (Pension)
  • PHOTO near Alaska Plumbing and Pipefitting Industry Pension Plan
  • IND ind #8559

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 Ohio →

Pipe Fitters Local Union No. 120 Pension Plan in the asset neighbourhood

Service Employees Pension Fund of Upstate Ny Upstate New YorkService Employees Pension Fu…$195MPension Plan of American Society for Testing and MaterialsPension Plan of American Soc…$195MPipe Fitters Local Union No. 120 Pension PlanPipe Fitters Local Union No.…$195MAlaska Plumbing and Pipefitting Industry Pension PlanAlaska Plumbing and Pipefitt…$194MWhite & Case LLP Retirement Income PlanWhite & Case LLP Retirement …$194M
End-of-year total assets ($M) among Pipe Fitters Local Union No. 120 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$231M
Net Assets (End of Year)$194M
Net Income-$37M
Employer EIN346711591
Plan Effective Date1958-07-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Pipe Fitters Local Union 120 Pens. Fund)

Sponsor-wide plan assets over time

All Pipe Fitters Local Union 120 Pens. Fund plans reported in each filing year

Latest sponsor-wide plan assets
$222M 13.905381172736767% vs 2022
2024 filing year
$190M$200M$210M$220M$230M 202220232024 $195M $222M ▲ +13.9%
Year Plans Participants Total Assets
2022 1 653 $195M
2023 1 671 $207M
2024 1 733 $222M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Pipe Fitters Local Union No. 120 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Pipe Fitters Local Union No. 120 Pension Plan, Total assets ($B): 0.194501227 · Participants: 653Pipe Fitters Local Union No. 120 Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.559275463 · Participants: 12346Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.017579718 · Participants: 22597Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.498685298 · Participants: 15837American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.394372488 · Participants: 9749Ohio Operating Engineers Pension PlanLaborers District Council & Contractors Pension Fund of Ohio, Total assets ($B): 2.645337912 · Participants: 13583Laborers District Council & Contractors Pension Fund of Ohio
Pipe Fitters Local Union No. 120 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Pipe Fitters Local Union No. 120 Pension Plan side-by-side with 3 peers →

Pipe Fitters Local Union No. 120 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Alaska Plumbing and Pipefitting Industry Pension Plan in WA ($194M); by covered participants it is Oce Employees' Cash Accumulation Plan in NY (653 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (653 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 Local Union No. 120 Pension Plan assets move in 2022? ▼
Pipe Fitters Local Union No. 120 Pension Plan declined sharply - down 16.0% during 2022, from $231M to $195M. Reported net income was -$37M.
How have Pipe Fitters Local Union 120 Pens. Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pipe Fitters Local Union 120 Pens. Fund's sponsor-wide assets grew 13.9%, from $195M to $222M.
Where does Pipe Fitters Local Union No. 120 Pension Plan rank by assets among Form 5500 filers? ▼
Pipe Fitters Local Union No. 120 Pension Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pipe Fitters Local Union No. 120 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Alaska Plumbing and Pipefitting Industry Pension Plan in WA ($194M, 534 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pipe Fitters Local Union No. 120 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Oce Employees' Cash Accumulation Plan in NY (653 participants, $155M 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 346711591.

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.