Profit Sharing · DOL Form 5500 · 2022

Local 354 Plumbers & Pipe Fitters Pension Fund Profit Sharing Plan

Data updated 2026-08-25

$109M
Total assets Near avg plan size
1,325
Participants Near avg headcount
93rd
Percentile by assets National rank
$82,108
Avg per participant Below avg balance/head
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Official DOL plan name: Plumbers & Pipe Fitters Local 354 Pension Fund · Sponsored by Local 354 Plumbers & Pipe Fitters Pension Fund · Pennsylvania · Construction

$109M in assets, 1,325 participants

Local 354 Plumbers & Pipe Fitters Pension Fund's Plumbers & Pipe Fitters Local 354 Pension Fund reported $109M in total assets and 1,325 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #9,126 in Construction (9,927 peers)

Where Plumbers & Pipe Fitters Local 354 Pension Fund sits by assets

Plumbers & Pipe Fitters Local 354 Pension Fund sits in the top 10% of all filed plans by assets, $109M for 1,325 participants (~$82,108/participant), down 18.5% in 2022.

#9,126
in Construction (9,927 peers)
-18.5%
assets change YoY
1.1×
vs typical plan assets (national mean)

The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Plumbers & Pipe Fitters Local 354 Pension Fund's outsized position by total assets

Plumbers & Pipe Fitters Local 354 Pension Fund vs every filed plan by assets

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

$108,793,093 Top 7% higher than 93% 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 & Pipe Fitters Local 354 Pension Fund's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plumbers & Pipe Fitters Local 354 Pension Fund lands in the large band (1,325 participants).

DOL schedule card

Filing strip 256148991 · Local 354 Plumbers & Pipe Fitters Pension Fund PY 2022 · Profit Sharing

Plumbers & Pipe Fitters Local 354 Pension Fund · $109M · 1,325 · 93rd

  • BOY $109M
  • BOY 1,325
  • BOY 93rd
  • BOY Profit Sharing
  • BOY near Rio Tinto Alcan 401(k) Savings Plan for Former Employees
  • BOY ind #9126

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 Pennsylvania →

Plumbers & Pipe Fitters Local 354 Pension Fund in the asset neighbourhood

The Seaport Group, LLC Profit Sharing PlanThe Seaport Group, LLC Profi…$110MRio Tinto Alcan 401(k) Savings Plan for Former EmployeesRio Tinto Alcan 401(k) Savin…$109MPlumbers & Pipe Fitters Local 354 Pension FundPlumbers & Pipe Fitters Loca…$109MMedical Center Emergency Services Retirement Savings Thrift PlanMedical Center Emergency Ser…$108MWiggin & Dana Retirement and Savings Plan for Partners & StaffWiggin & Dana Retirement and…$107M
End-of-year total assets ($M) among Plumbers & Pipe Fitters Local 354 Pension Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$133M
Net Assets (End of Year)$109M
Net Income-$25M
Employer EIN256148991
Plan Effective Date1973-08-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 354 Plumbers & Pipe Fitters Pension Fund)

Sponsor-wide plan assets over time

All Local 354 Plumbers & Pipe Fitters Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$135M 24.225556304387815% vs 2022
2024 filing year
$100M$110M$120M$130M$140M 202220232024 $109M $135M ▲ +24.2%
Year Plans Participants Total Assets
2022 1 1,325 $109M
2023 1 1,330 $123M
2024 1 1,323 $135M

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Plumbers & Pipe Fitters Local 354 Pension Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 00.511.522.5 Total assets ($B) Participants Plumbers & Pipe Fitters Local 354 Pension Fund, Total assets ($B): 0.108793093 · Participants: 1325Plumbers & Pipe Fitters Local 354 Pension FundEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.032358305 · Participants: 8058Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.417850182 · Participants: 14515University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 0.958457322 · Participants: 3904International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.640341222 · Participants: 9017Temple University Health System, Inc. Defined Contribution Retirement PlanSteamfitters Local Union No. 420 Srp, Total assets ($B): 0.58659727 · Participants: 6353Steamfitters Local Union No. 420 Srp
Plumbers & Pipe Fitters Local 354 Pension Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare Plumbers & Pipe Fitters Local 354 Pension Fund side-by-side with 3 peers →

Plumbers & Pipe Fitters Local 354 Pension Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Rio Tinto Alcan 401(k) Savings Plan for Former Employees in UT ($109M); by covered participants it is Stanford Health Care Tri-Valley 403(b) Plan in CA (1,324 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,325 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 & Pipe Fitters Local 354 Pension Fund assets move in 2022? ▼
Plumbers & Pipe Fitters Local 354 Pension Fund declined sharply - down 18.5% during 2022, from $133M to $109M. Reported net income was -$25M.
How have Local 354 Plumbers & Pipe Fitters Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Local 354 Plumbers & Pipe Fitters Pension Fund's sponsor-wide assets grew 24.2%, from $109M to $135M.
Where does Plumbers & Pipe Fitters Local 354 Pension Fund rank by assets among Form 5500 filers? ▼
Plumbers & Pipe Fitters Local 354 Pension Fund ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Plumbers & Pipe Fitters Local 354 Pension Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Rio Tinto Alcan 401(k) Savings Plan for Former Employees in UT ($109M, N/A participants).
Which Profit Sharing plans cover a similar participant headcount to Plumbers & Pipe Fitters Local 354 Pension Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Stanford Health Care Tri-Valley 403(b) Plan in CA (1,324 participants, $84M 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 256148991.

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.