Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Steamfitters Industry Pension Fund Pension Plan

Data updated 2026-08-11

$417M
Total assets
2,384
Participants
98th
Percentile by assets
$175,083
Avg per participant
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Official DOL plan name: Steamfitters Industry Pension Fund · Sponsored by Board of Trustees Steamfitters Industry Pension Fund · New York · Construction

$417M in assets, 2,384 participants

Board of Trustees Steamfitters Industry Pension Fund's Steamfitters Industry Pension Fund reported $417M in total assets and 2,384 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #9,654 in Construction (9,927 peers)

Coverage in New York

Steamfitters Industry Pension Fund covers 2,384 participants in New York, 3.0x the typical New York plan (state average ~798 per filing). Assets: $417M.

$417M
total plan assets (2022 EOY)
2,384
covered participants
98th
percentile by assets (of 139,126 plans)
$175,083
avg assets per participant

The plan reported a net loss of $197M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Steamfitters Industry Pension Fund reports 2,384 participants - 3.0x that state average ($417M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$614M
Net Assets (End of Year)$417M
Net Income-$197M
Employer EIN136149680
Plan Effective Date1950-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Steamfitters Industry Pension Fund)

$400M$420M$440M$460M$480M 202220232024 $417M $461M ▲ +10.4%
Total plan assets by year, all Board of Trustees Steamfitters Industry Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 2,384 $417M
2023 1 2,090 $430M
2024 1 1,981 $461M

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Steamfitters Industry Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Steamfitters Industry Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -100102030 Total assets ($B) Participants Steamfitters Industr…IBM Personal Pension…Consolidated Edison …Pepsico Employees Re…New York State Nurse…New York District Co…
Steamfitters Industry Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Steamfitters Industry Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Steamfitters Industry Pension Fund assets move in 2022?
Steamfitters Industry Pension Fund contracted severely - down 32.1% during 2022, from $614M to $417M. Reported net income was -$197M.
How have Board of Trustees Steamfitters Industry Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Steamfitters Industry Pension Fund's sponsor-wide assets grew 10.4%, from $417M to $461M.
Where does Steamfitters Industry Pension Fund rank by assets among Form 5500 filers?
Steamfitters Industry Pension Fund ranks in the 98th 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 Steamfitters Industry Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Arizona Inc. in AZ ($417M, 608 participants).

Next read for Steamfitters Industry Pension Fund

Filing takeaways

Ways to act on Steamfitters Industry Pension Fund's numbers.

  • By total assets, Steamfitters Industry Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
  • Board of Trustees Steamfitters Industry Pension Fund's sponsor-wide assets have grown 10.4% since 2022 across 3 plan years on file. More Construction plans