Defined Benefit (Pension) · DOL Form 5500 · 2022
Plumbers Local 98 Defined Benefit Pension Fund Pension Plan
Data updated 2026-08-11
- $225M
- Total assets
- 774
- Participants
- 96th
- Percentile by assets
- $291,256
- Avg per participant
Official DOL plan name: Plumbers Local No 98 Defined Benefit Pension Fund · Sponsored by Plumbers Local 98 Defined Benefit Pension Fund · Michigan · Construction
$225M in assets, 774 participants
Plumbers Local 98 Defined Benefit Pension Fund's Plumbers Local No 98 Defined Benefit Pension Fund reported $225M in total assets and 774 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.
- 96th percentile by assets (of 139,126 plans)
- #9,461 in Construction (9,927 peers)
Where Plumbers Local No 98 Defined Benefit Pension Fund sits by assets
Plumbers Local No 98 Defined Benefit Pension Fund sits in the top 5% of all filed plans by assets, $225M for 774 participants (~$291,256/participant), down 13.1% in 2022.
- $225M
- total plan assets (2022 EOY)
- 774
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $291,256
- avg assets per participant
The plan reported a net loss of $33M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Plumbers Local No 98 Defined Benefit Pension Fund sits by total assets
Plumbers Local No 98 Defined Benefit Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$225,432,305 Top 4% higher than 96% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Plumbers Local No 98 Defined Benefit Pension Fund vs the 2022 asset distribution
By assets, Plumbers Local No 98 Defined Benefit Pension Fund outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $259M |
|---|---|
| Net Assets (End of Year) | $225M |
| Net Income | -$33M |
| Employer EIN | 383031916 |
| Plan Effective Date | 1993-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Plumbers Local 98 Defined Benefit Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 774 | $225M |
| 2023 | 1 | 780 | $258M |
| 2024 | 1 | 814 | $296M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Plumbers Local No 98 Defined Benefit Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- General Motors Hourly-Rate Employees Pension Plan $40.2B · 18,766
- Ford Motor Company UAW Retirement Plan $19.3B · 27,567
- Ford Motor Company General Retirement Plan $13.4B · 11,760
- Dow Employees' Pension Plan $13.0B · 13,759
- Fca US LLC UAW Pension Agreement $8.6B · 14,563
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Plumbers Local No 98 Defined Benefit Pension Fund by total assets, not by location.
- Dtts Pension Plan (NY) $226M · 1,650
- Case Western Reserve University Employees Retirement Plan B (OH) $225M · 887
- Employees' Retirement Plan of United Health Services (NY) $225M · 1,743
- Horizon Blue Cross Blue Shield of Nj Employees Retirement Plan II (NJ) $226M · 897
Frequently Asked Questions
How did Plumbers Local No 98 Defined Benefit Pension Fund assets move in 2022? ▼
How have Plumbers Local 98 Defined Benefit Pension Fund plan assets changed over time? ▼
Where does Plumbers Local No 98 Defined Benefit Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Plumbers Local No 98 Defined Benefit Pension Fund? ▼
Next read for Plumbers Local No 98 Defined Benefit Pen…
Scale reading
Ways to act on Plumbers Local No 98 Defined Benefit Pension Fund's numbers.
- By total assets, Plumbers Local No 98 Defined Benefit Pension Fund 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 Michigan. Compare plans
- Plumbers Local 98 Defined Benefit Pension Fund's sponsor-wide assets have grown 31.1% since 2022 across 3 plan years on file. More Construction plans