Money Purchase · DOL Form 5500 · 2022

Plumbers Local 24 Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$172M
Total assets
912
Participants
95th
Percentile by assets
$188,660
Avg per participant
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Official DOL plan name: Plumbers Local 24 Annuity Fund · Sponsored by Plumbers Local 24 Annuity Fund · New Jersey · Construction

$172M in assets, 912 participants

Plumbers Local 24 Annuity Fund's Plumbers Local 24 Annuity Fund reported $172M in total assets and 912 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #9,353 in Construction (9,927 peers)

Where Plumbers Local 24 Annuity Fund sits by assets

Plumbers Local 24 Annuity Fund sits in the top 5% of all filed plans by assets, $172M for 912 participants (~$188,660/participant), up 0.6% in 2022.

$172M
total plan assets (2022 EOY)
912
covered participants
95th
percentile by assets (of 139,126 plans)
$188,660
avg assets per participant
State
Industry

Plumbers Local 24 Annuity Fund vs the 2022 asset distribution

By assets, Plumbers Local 24 Annuity Fund outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$171M
Net Assets (End of Year)$172M
Net Income$979K
Employer EIN222372054
Plan Effective Date1981-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers Local 24 Annuity Fund)

$170M$180M$190M$200M 202220232024 $172M $190M ▲ +10.5%
Total plan assets by year, all Plumbers Local 24 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 912 $172M
2023 1 930 $183M
2024 1 947 $190M

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Plumbers Local 24 Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Plumbers Local 24 Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0100020003000400050006000 02004006008001000 Total assets ($M) Participants Plumbers Local 24 An…Local 68 Engineers U…Nysa-Ila Money Purch…Educational Testing …Ironworkers Local 11…Plumbers & Pipefitte…
Plumbers Local 24 Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Plumbers Local 24 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Plumbers Local 24 Annuity Fund assets move in 2022?
Plumbers Local 24 Annuity Fund held essentially flat - up 0.6% during 2022, from $171M to $172M. Reported net income was $979K.
How have Plumbers Local 24 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers Local 24 Annuity Fund's sponsor-wide assets grew 10.5%, from $172M to $190M.
Where does Plumbers Local 24 Annuity Fund rank by assets among Form 5500 filers?
Plumbers Local 24 Annuity Fund ranks in the 95th 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 Money Purchase plans are similar in size to Plumbers Local 24 Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is International Association of Heat and Frost Insulators Local 17 Annuity Fund in IL ($173M, 1,223 participants).

Next read for Plumbers Local 24 Annuity Fund

Scale reading

Ways to act on Plumbers Local 24 Annuity Fund's numbers.

  • By total assets, Plumbers Local 24 Annuity Fund 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 New Jersey. Compare plans
  • Plumbers Local 24 Annuity Fund's sponsor-wide assets have grown 10.5% since 2022 across 3 plan years on file. More Construction plans