Defined Benefit (Pension) · DOL Form 5500 · 2022

Plumbing & Pipefitting Ind AFL Pension Plan

Data updated 2026-08-11

$165M
Total assets
333
Participants
95th
Percentile by assets
$494,925
Avg per participant
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Official DOL plan name: Pension Fund of Local Union No. 274 · Sponsored by Plumbing & Pipefitting Ind AFL · New Jersey · Construction

$165M in assets, 333 participants

Plumbing & Pipefitting Ind AFL's Pension Fund of Local Union No. 274 reported $165M in total assets and 333 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #9,331 in Construction (9,927 peers)

Coverage in New Jersey

Pension Fund of Local Union No. 274 covers 333 participants in New Jersey, about 39% of the average New Jersey filer (state average ~844 per filing). Assets: $165M.

$165M
total plan assets (2022 EOY)
333
covered participants
95th
percentile by assets (of 139,126 plans)
$494,925
avg assets per participant

The plan reported a net loss of $26M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Pension Fund of Local Union No. 274 reports 333 participants - about 39% of that state average ($165M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$191M
Net Assets (End of Year)$165M
Net Income-$26M
Employer EIN221665268
Plan Effective Date1959-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbing & Pipefitting Ind AFL)

$160M$170M$180M$190M$200M 202220232024 $165M $191M ▲ +15.8%
Total plan assets by year, all Plumbing & Pipefitting Ind AFL plans on file
Year Plans Participants Total Assets
2022 1 333 $165M
2023 1 308 $177M
2024 1 288 $191M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Pension Fund of Local Union No. 274 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Pension Fund of Local Union No. 274 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Pension Fund of Loca…Retirement Plan of J…JPMorgan Chase Retir…Nokia Retirement Inc…The Prudential Merge…Verizon Pension Plan…
Pension Fund of Local Union No. 274 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Fund of Local Union No. 274 by total assets, not by location.

Frequently Asked Questions

How did Pension Fund of Local Union No. 274 assets move in 2022?
Pension Fund of Local Union No. 274 pulled back noticeably - down 13.6% during 2022, from $191M to $165M. Reported net income was -$26M.
How have Plumbing & Pipefitting Ind AFL plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbing & Pipefitting Ind AFL's sponsor-wide assets grew 15.8%, from $165M to $191M.
Where does Pension Fund of Local Union No. 274 rank by assets among Form 5500 filers?
Pension Fund of Local Union No. 274 ranks in the 95th 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 Pension Fund of Local Union No. 274?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Non-Contributory Retirement Program for Certain Employees of Blue Cross & Blue Shield of Mississippi in MS ($165M, 183 participants).

Next read for Pension Fund of Local Union No. 274

Filing takeaways

Ways to act on Pension Fund of Local Union No. 274's numbers.

  • By total assets, Pension Fund of Local Union No. 274 ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
  • Plumbing & Pipefitting Ind AFL's sponsor-wide assets have grown 15.8% since 2022 across 3 plan years on file. More Construction plans