Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Steamfitters Local #449 Pension Fund Pension Plan

Data updated 2026-08-25

$387M
Total assets Above avg plan size
1,653
Participants Near avg headcount
97th
Percentile by assets National rank
$234,118
Avg per participant Above avg balance/head
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Official DOL plan name: Steamfitters Local #449 Pension Plan · Sponsored by Board of Trustees Steamfitters Local #449 Pension Fund · Pennsylvania · Construction

$387M in assets, 1,653 participants

Board of Trustees Steamfitters Local #449 Pension Fund's Steamfitters Local #449 Pension Plan reported $387M in total assets and 1,653 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #9,634 in Construction (9,927 peers)

Coverage in Pennsylvania

Steamfitters Local #449 Pension Plan covers 1,653 participants in Pennsylvania, 2.0x the typical Pennsylvania plan (state average ~822 per filing). Assets: $387M.

#9,634
in Construction (9,927 peers)
-14.9%
assets change YoY
3.9×
vs typical plan assets (national mean)

The plan reported a net loss of $66M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Steamfitters Local #449 Pension Plan's outsized position by total assets

Steamfitters Local #449 Pension Plan vs every filed plan by assets

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

$386,996,301 Top 3% higher than 97% 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

Steamfitters Local #449 Pension Plan'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. Steamfitters Local #449 Pension Plan lands in the large band (1,653 participants).

Published 5500 schedule card

Filing strip 256032401 · Board of Trustees Steamfitters Local #449 Pension Fund PY 2022 · Defined Benefit (Pension)

Steamfitters Local #449 Pension Plan · $387M · 1,653 · 97th

  • EOY $387M
  • EOY 1,653
  • EOY 97th
  • EOY Defined Benefit (Pension)
  • EOY near Motiva Pension Plan
  • EOY ind #9634

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 →

Steamfitters Local #449 Pension Plan in the asset neighbourhood

Silgan Closed Pension Plan$388MMotiva Pension Plan$387MSteamfitters Local #449 Pension PlanSteamfitters Local #449 Pens…$387MEmployer - Teamsters Local Nos 175&505 Pension Trust FundEmployer - Teamsters Local N…$386MElectrical Workers Local No. 292 Pension PlanElectrical Workers Local No.…$386M
End-of-year total assets ($M) among Steamfitters Local #449 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$455M
Net Assets (End of Year)$386M
Net Income-$66M
Employer EIN256032401
Plan Effective Date1956-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Steamfitters Local #449 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Steamfitters Local #449 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$479M 23.85638926300745% vs 2022
2024 filing year
$350M$400M$450M$500M 202220232024 $387M $479M ▲ +23.9%
Year Plans Participants Total Assets
2022 1 1,653 $387M
2023 1 1,656 $436M
2024 1 1,656 $479M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Steamfitters Local #449 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Steamfitters Local #449 Pension Plan, Total assets ($B): 0.386996301 · Participants: 1653Steamfitters Local #449 Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Steamfitters Local #449 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Steamfitters Local #449 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Motiva Pension Plan in TX ($387M); by covered participants it is Llns Defined Benefit Pension Plan in CA (1,653 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($387M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,653 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 Steamfitters Local #449 Pension Plan assets move in 2022?
Steamfitters Local #449 Pension Plan pulled back noticeably - down 14.9% during 2022, from $455M to $387M. Reported net income was -$66M.
How have Board of Trustees Steamfitters Local #449 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Steamfitters Local #449 Pension Fund's sponsor-wide assets grew 23.9%, from $387M to $479M.
Where does Steamfitters Local #449 Pension Plan rank by assets among Form 5500 filers?
Steamfitters Local #449 Pension Plan ranks in the 97th 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 Local #449 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Motiva Pension Plan in TX ($387M, 2,312 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Steamfitters Local #449 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Llns Defined Benefit Pension Plan in CA (1,653 participants, $3.7B in assets).