Money Purchase · DOL Form 5500 · 2022
Pipefitters Local Union No.537 Money Purchase Plan
Data updated 2026-08-11
- $662M
- Total assets
- 3,123
- Participants
- 98th
- Percentile by assets
- $211,864
- Avg per participant
Official DOL plan name: Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan · Sponsored by Pipefitters Local Union No.537 · Massachusetts · Construction
$662M in assets, 3,123 participants
Pipefitters Local Union No.537's Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan reported $662M in total assets and 3,123 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)
- #9,768 in Construction (9,927 peers)
Coverage in Massachusetts
Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan covers 3,123 participants in Massachusetts, 4.7x the typical Massachusetts plan (state average ~659 per filing). Assets: $662M.
- $662M
- total plan assets (2022 EOY)
- 3,123
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $211,864
- avg assets per participant
The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan sits by total assets
Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$661,650,588 Top 2% higher than 98% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan reports 3,123 participants - 4.7x that state average ($662M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $676M |
|---|---|
| Net Assets (End of Year) | $655M |
| Net Income | -$12M |
| Employer EIN | 042760802 |
| Plan Effective Date | 1981-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Pipefitters Local Union No.537)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,123 | $662M |
| 2023 | 1 | 3,231 | $739M |
| 2024 | 1 | 3,331 | $785M |
Nearby Money Purchase Plans in Massachusetts
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan vs. nearby Money Purchase plans in Massachusetts, assets vs. participants
- The Mitre Corporation Qualified Retirement Plan $2.2B · 12,021
- Massachusetts Laborers' Annuity Fund $2.0B · 11,530
- Retirement Income Plan for Teaching Faculty of Harvard University $1.9B · 2,698
- Harvard University Defined Contribution Retirement Plan $1.5B · 12,417
- Electrical Workers Deferred Income Plan Local 103, I.B.E.W. $1.4B · 8,275
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan by total assets, not by location.
- Saint Louis University Retirement Plan (MO) $659M · 2,110
- Nysa-Ila Money Purchase Pension Fund and Plan (NJ) $659M · 4,255
- Retirement Plan for Employees of Fermi Research Alliance, LLC (IL) $669M · 1,625
- 401(a) Def Cont Ret Plan for Dartmouth College Faculty/Staff (NH) $688M · 3,756
Frequently Asked Questions
How did Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan assets move in 2022? ▼
How have Pipefitters Local Union No.537 plan assets changed over time? ▼
Where does Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan? ▼
Next read for Pipefitters Local Union No. 537 Deferred…
Filing takeaways
Ways to act on Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan's numbers.
- By total assets, Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Massachusetts. Compare plans
- Pipefitters Local Union No.537's sponsor-wide assets have grown 18.6% since 2022 across 3 plan years on file. More Construction plans