Defined Benefit (Pension) · DOL Form 5500 · 2022
Trustees of the Plumbers and Pipefitters Local 553 Pension Plan
Data updated 2026-08-25
- $50M
- Total assets Below avg plan size
- 218
- Participants Below avg headcount
- 88th
- Percentile by assets National rank
- $228,788
- Avg per participant Above avg balance/head
Official DOL plan name: Plumbers and Pipefitters Local Union 553 Pension Plan · Sponsored by Trustees of the Plumbers and Pipefitters Local 553 · Illinois · Construction
$50M in assets, 218 participants
Trustees of the Plumbers and Pipefitters Local 553's Plumbers and Pipefitters Local Union 553 Pension Plan reported $50M in total assets and 218 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.
- #8,568 in Construction (9,927 peers)
Coverage in Illinois
Plumbers and Pipefitters Local Union 553 Pension Plan covers 218 participants in Illinois, about 28% of the average Illinois filer (state average ~779 per filing). Assets: $50M.
- #8,568
- in Construction (9,927 peers)
- -17.8%
- assets change YoY
- 0.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Plumbers and Pipefitters Local Union 553 Pension Plan's outsized position by total assets
Plumbers and Pipefitters Local Union 553 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$49,875,854 Top 12% higher than 88% 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 and Pipefitters Local Union 553 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. Plumbers and Pipefitters Local Union 553 Pension Plan sits mid-pack in the medium band (218 participants).
Form 5500 schedule snapshot
Filing strip 376052808 · Trustees of the Plumbers and Pipefitters Local 553 PY 2022 · Defined Benefit (Pension)
Plumbers and Pipefitters Local Union 553 Pension Plan · $50M · 218 · 88th
- EIN $50M
- RANK 218
- PHOTO 88th
- IND Defined Benefit (Pension)
- EOY near Permanente Dentists Retirement Plan for Permanente Dental Associates
- 5500 ind #8568
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 Illinois →
Plumbers and Pipefitters Local Union 553 Pension Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $61M |
|---|---|
| Net Assets (End of Year) | $50M |
| Net Income | -$11M |
| Employer EIN | 376052808 |
| Plan Effective Date | 1965-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the Plumbers and Pipefitters Local 553)
Sponsor-wide plan assets over time
All Trustees of the Plumbers and Pipefitters Local 553 plans reported in each filing year
- Latest sponsor-wide plan assets
- $60M 19.661325498306255% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 218 | $50M |
| 2023 | 1 | 245 | $54M |
| 2024 | 1 | 273 | $60M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $42.6B · 50,096
- State Farm Insurance Companies Retirement Plan for United States Employees $32.1B · 49,052
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,170
- John Deere Pension Plan for Salaried Employees $7.3B · N/A
- Abbott Laboratories Annuity Retirement Plan $6.8B · 16,809
Plumbers and Pipefitters Local Union 553 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Permanente Dentists Retirement Plan for Permanente Dental Associates in OR ($50M); by covered participants it is Plumbers & Steamfitters Pension Fund Local Union 373 in NY (218 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($50M here).
Similar participant headcount
Nearest other-state filings by covered participants (218 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.