Profit Sharing · DOL Form 5500 · 2022
Local 354 Plumbers & Pipe Fitters Pension Fund Profit Sharing Plan
Data updated 2026-08-11
- $109M
- Total assets
- 1,325
- Participants
- 93rd
- Percentile by assets
- $82,108
- Avg per participant
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.
- 93rd percentile by assets (of 139,126 plans)
- #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.
- $109M
- total plan assets (2022 EOY)
- 1,325
- covered participants
- 93rd
- percentile by assets (of 139,126 plans)
- $82,108
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Plumbers & Pipe Fitters Local 354 Pension Fund outranks 93% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $133M |
|---|---|
| Net Assets (End of Year) | $109M |
| Net Income | -$25M |
| Employer EIN | 256148991 |
| Plan Effective Date | 1973-08-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local 354 Plumbers & Pipe Fitters Pension Fund)
| 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
- Eastern Atlantic States Carpenters Annuity Fund $2.0B · 8,058
- University of Pennsylvania Basic Plan $1.4B · 14,515
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $958M · 3,904
- Temple University Health System, Inc. Defined Contribution Retirement Plan $640M · 9,017
- Steamfitters Local Union No. 420 Srp $587M · 6,353
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Plumbers & Pipe Fitters Local 354 Pension Fund by total assets, not by location.
Frequently Asked Questions
How did Plumbers & Pipe Fitters Local 354 Pension Fund assets move in 2022? ▼
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Where does Plumbers & Pipe Fitters Local 354 Pension Fund rank by assets among Form 5500 filers? ▼
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Ways to act on Plumbers & Pipe Fitters Local 354 Pension Fund's numbers.
- By total assets, Plumbers & Pipe Fitters Local 354 Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- Local 354 Plumbers & Pipe Fitters Pension Fund's sponsor-wide assets have grown 24.2% since 2022 across 3 plan years on file. More Construction plans