Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of Plumbers & Pipefitters Local 172 Pension Fund Pension Plan

Data updated 2026-08-11

$123M
Total assets
443
Participants
94th
Percentile by assets
$278,772
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Plumbers & Pipefitters Local 172 Pension Fund · Sponsored by Trustees of Plumbers & Pipefitters Local 172 Pension Fund · Illinois · Construction

$123M in assets, 443 participants

Trustees of Plumbers & Pipefitters Local 172 Pension Fund's Plumbers & Pipefitters Local 172 Pension Fund reported $123M in total assets and 443 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #9,195 in Construction (9,927 peers)

Where Plumbers & Pipefitters Local 172 Pension Fund sits by assets

Plumbers & Pipefitters Local 172 Pension Fund sits in the top 10% of all filed plans by assets, $123M for 443 participants (~$278,772/participant), down 8.4% in 2022.

$123M
total plan assets (2022 EOY)
443
covered participants
94th
percentile by assets (of 139,126 plans)
$278,772
avg assets per participant

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Plumbers & Pipefitters Local 172 Pension Fund sits by total assets

Plumbers & Pipefitters Local 172 Pension Fund vs every filed plan by assets

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

$123,496,165 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Plumbers & Pipefitters Local 172 Pension Fund vs the 2022 asset distribution

By assets, Plumbers & Pipefitters Local 172 Pension Fund outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$135M
Net Assets (End of Year)$123M
Net Income-$11M
Employer EIN356212986
Plan Effective Date1963-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Plumbers & Pipefitters Local 172 Pension Fund)

$120M$130M$140M$150M$160M 202220232024 $124M $156M ▲ +25.9%
Total plan assets by year, all Trustees of Plumbers & Pipefitters Local 172 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 443 $123M
2023 1 476 $141M
2024 1 495 $156M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Plumbers & Pipefitters Local 172 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Plumbers & Pipefitte…, Total assets ($B): 0.123496165 · Participants: 443Plumbers & Pipefitte…Central States, Sout…, Total assets ($B): 42.629770802 · Participants: 50096Central States, Sout…State Farm Insurance…, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance…United Food & Commer…, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commer…John Deere Pension P…, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension P…Abbott Laboratories …, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories …
Plumbers & Pipefitters Local 172 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Plumbers & Pipefitters Local 172 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Plumbers & Pipefitters Local 172 Pension Fund assets move in 2022?
Plumbers & Pipefitters Local 172 Pension Fund pulled back noticeably - down 8.4% during 2022, from $135M to $123M. Reported net income was -$11M.
How have Trustees of Plumbers & Pipefitters Local 172 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Plumbers & Pipefitters Local 172 Pension Fund's sponsor-wide assets grew 25.9%, from $123M to $156M.
Where does Plumbers & Pipefitters Local 172 Pension Fund rank by assets among Form 5500 filers?
Plumbers & Pipefitters Local 172 Pension Fund ranks in the 94th 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 Defined Benefit (Pension) plans are similar in size to Plumbers & Pipefitters Local 172 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Highland Hospital of Rochester, Ny in NY ($124M, 492 participants).

Next read for Plumbers & Pipefitters Local 172 Pension…

Scale reading

Ways to act on Plumbers & Pipefitters Local 172 Pension Fund's numbers.

  • By total assets, Plumbers & Pipefitters Local 172 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 Defined Benefit (Pension) plans in Illinois. Compare plans
  • Trustees of Plumbers & Pipefitters Local 172 Pension Fund's sponsor-wide assets have grown 25.9% since 2022 across 3 plan years on file. More Construction plans