ESOP
2022 plan-year ESOP DOL Form 5500

Pipe Fitters Local Union No. 120 Annuity Fund

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Pipe Fitters Local Union No. 120 Annuity Fund · Ohio · Finance & Insurance

What the 2023 filing shows

Pipe Fitters Local Union No. 120 Annuity Fund holds $77M for 1,294 participants — about $59,591 per participant, down 15.8% over the 2022 plan year.

$77M
total plan assets (2022 EOY)
1,294
covered participants
$59,591
avg assets per participant
-15.8%
assets change YoY

The plan reported a net loss of $14M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$77M
Participants
1,294
State
Industry
Finance & Insurance

What the Filing Says About Pipe Fitters Local Union No. 120 Annuity Fund

Pipe Fitters Local Union No. 120 Annuity Fund is a ESOP retirement plan sponsored by Pipe Fitters Local Union No. 120 Annuity Fund, headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports $77M in total end-of-year assets and covers 1,294 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 341480483, and the plan has been effective since 1984-06-05. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $92M at the beginning of 2022 to $77M at year-end — a decline of 15.8%. Net assets (after liabilities) closed the year at $77M, with reported net income of $-14,469,191 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$92M
Total Assets (End of Year)$77M
Net Assets (End of Year)$77M
Net Income$-14,469,191
Plan TypeESOP
Employer EIN341480483
Plan Effective Date1984-06-05
Filing StatusFILING RECEIVED

Sponsor Plan History (Pipe Fitters Local Union No. 120 Annuity Fund)

Year Plans Participants Total Assets
2022 1 1,294 $77M
2023 1 1,373 $89M
2024 1 1,410 $99M

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Frequently Asked Questions

How much money is in the Pipe Fitters Local Union No. 120 Annuity Fund?
As of the 2022 Form 5500 filing, Pipe Fitters Local Union No. 120 Annuity Fund holds $77M in total assets with 1,294 participants. It is sponsored by Pipe Fitters Local Union No. 120 Annuity Fund.
What type of plan is Pipe Fitters Local Union No. 120 Annuity Fund?
Pipe Fitters Local Union No. 120 Annuity Fund is a ESOP plan. It has been effective since 1984-06-05. The plan is filed with the U.S. Department of Labor under EIN 341480483.
Who sponsors the Pipe Fitters Local Union No. 120 Annuity Fund?
Pipe Fitters Local Union No. 120 Annuity Fund is sponsored by Pipe Fitters Local Union No. 120 Annuity Fund, located in Ohio. The sponsor's EIN is 341480483 and the plan operates in the Finance & Insurance industry.
How did Pipe Fitters Local Union No. 120 Annuity Fund perform in 2022?
Pipe Fitters Local Union No. 120 Annuity Fund declined by 15.8% during 2022, moving from $92M to $77M in total assets. Net income was $-14,469,191.
Where can I find official filings for Pipe Fitters Local Union No. 120 Annuity Fund?
Official Form 5500 filings for Pipe Fitters Local Union No. 120 Annuity Fund are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 341480483 or plan name at efast.dol.gov.
How does Pipe Fitters Local Union No. 120 Annuity Fund compare to other plans?
You can compare Pipe Fitters Local Union No. 120 Annuity Fund against other ESOP plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 341480483.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.