Defined Benefit (Pension) · DOL Form 5500 · 2022

Plumbers Local 98 Defined Benefit Pension Fund Pension Plan

Data updated 2026-08-25

$225M
Total assets Near avg plan size
774
Participants Near avg headcount
96th
Percentile by assets National rank
$291,256
Avg per participant High balance/head
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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.

  • #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.

#9,461
in Construction (9,927 peers)
-13.1%
assets change YoY
2.3×
vs typical plan assets (national mean)

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.

Plumbers Local No 98 Defined Benefit Pension Fund's outsized position 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

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

Plumbers Local No 98 Defined Benefit Pension Fund 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. Plumbers Local No 98 Defined Benefit Pension Fund sits mid-pack in the medium band (774 participants).

Form 5500 schedule snapshot

Filing strip 383031916 · Plumbers Local 98 Defined Benefit Pension Fund PY 2022 · Defined Benefit (Pension)

Plumbers Local No 98 Defined Benefit Pension Fund · $225M · 774 · 96th

  • VS-ST $225M
  • VS-ST 774
  • VS-ST 96th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Dtts Pension Plan
  • VS-ST ind #9461

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 Michigan →

Plumbers Local No 98 Defined Benefit Pension Fund in the asset neighbourhood

Horizon Blue Cross Blue Shield of Nj Employees Retirement Plan IIHorizon Blue Cross Blue Shie…$226MDtts Pension Plan$226MPlumbers Local No 98 Defined Benefit Pension FundPlumbers Local No 98 Defined…$225MCase Western Reserve University Employees Retirement Plan BCase Western Reserve Univers…$225MEmployees' Retirement Plan of United Health ServicesEmployees' Retirement Plan o…$225M
End-of-year total assets ($M) among Plumbers Local No 98 Defined Benefit Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$259M
Net Assets (End of Year)$225M
Net Income-$33M
Employer EIN383031916
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers Local 98 Defined Benefit Pension Fund)

Sponsor-wide plan assets over time

All Plumbers Local 98 Defined Benefit Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$296M 31.129467447001442% vs 2022
2024 filing year
$200M$250M$300M$350M 202220232024 $225M $296M ▲ +31.1%
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 Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Plumbers Local No 98 Defined Benefit Pension Fund, Total assets ($B): 0.225432305 · Participants: 774Plumbers Local No 98 Defined Benefit Pension FundGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 40.23255743 · Participants: 18766General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.279653433 · Participants: 27567Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 13.42905347 · Participants: 11760Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 13.018181682 · Participants: 13759Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 8.553889919 · Participants: 14563Fca US LLC UAW Pension Agreement
Plumbers Local No 98 Defined Benefit Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Plumbers Local No 98 Defined Benefit Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Dtts Pension Plan in NY ($226M); by covered participants it is Consolidated Nuclear Security Retirement Plan for Non-Bargaining Pantex Location Employees in TN (774 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (774 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 Plumbers Local No 98 Defined Benefit Pension Fund assets move in 2022? ▼
Plumbers Local No 98 Defined Benefit Pension Fund pulled back noticeably - down 13.1% during 2022, from $259M to $225M. Reported net income was -$33M.
How have Plumbers Local 98 Defined Benefit Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Plumbers Local 98 Defined Benefit Pension Fund's sponsor-wide assets grew 31.1%, from $225M to $296M.
Where does Plumbers Local No 98 Defined Benefit Pension Fund rank by assets among Form 5500 filers? ▼
Plumbers Local No 98 Defined Benefit Pension Fund 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 Plumbers Local No 98 Defined Benefit Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Dtts Pension Plan in NY ($226M, 1,650 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Plumbers Local No 98 Defined Benefit Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Consolidated Nuclear Security Retirement Plan for Non-Bargaining Pantex Location Employees in TN (774 participants, $406M in assets).