401(k) · DOL Form 5500 · 2022

Plumbers and Pipefitters Local 551 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
121
Participants Small participant base
84th
Percentile by assets National rank
$285,819
Avg per participant High balance/head
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Official DOL plan name: Plumbers and Pipefitters Local 551 Pension Plan · Sponsored by Plumbers and Pipefitters Local 551 · Illinois · Construction

$35M in assets, 121 participants

Plumbers and Pipefitters Local 551's Plumbers and Pipefitters Local 551 Pension Plan reported $35M in total assets and 121 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #8,260 in Construction (9,927 peers)

Coverage in Illinois

Plumbers and Pipefitters Local 551 Pension Plan covers 121 participants in Illinois, about 16% of the average Illinois filer (state average ~779 per filing). Assets: $35M.

#8,260
in Construction (9,927 peers)
+14.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Plumbers and Pipefitters Local 551 Pension Plan's outsized position by total assets

Plumbers and Pipefitters Local 551 Pension Plan vs every filed plan by assets

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

$34,584,112 Top 16% higher than 84% 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

Plumbers and Pipefitters Local 551 Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plumbers and Pipefitters Local 551 Pension Plan sits mid-pack in the medium band (121 participants).

EBSA filing schedule strip

Filing strip 371136405 · Plumbers and Pipefitters Local 551 PY 2022 · 401(k)

Plumbers and Pipefitters Local 551 Pension Plan · $35M · 121 · 84th

  • BOOK $35M
  • BOOK 121
  • BOOK 84th
  • BOOK 401(k)
  • BOOK near Talley Inc. Cash or Deferred Profit Sharing Plan
  • BOOK ind #8260

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 Illinois →

Plumbers and Pipefitters Local 551 Pension Plan in the asset neighbourhood

Plumbers and Pipefitters Local 551 Pension PlanPlumbers and Pipefitters Loc…$35MTalley Inc. Cash or Deferred Profit Sharing PlanTalley Inc. Cash or Deferred…$35MMattamy Homes Corporation Retirement PlanMattamy Homes Corporation Re…$35MKite Realty Group 401(k) Profit Sharing PlanKite Realty Group 401(k) Pro…$35MDatastax, Inc. 401(k) Plan$35M
End-of-year total assets ($M) among Plumbers and Pipefitters Local 551 Pension Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$35M
Net Income$4M
Employer EIN371136405
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers and Pipefitters Local 551)

Sponsor-wide plan assets over time

All Plumbers and Pipefitters Local 551 plans reported in each filing year

Latest sponsor-wide plan assets
$47M 37.00377791975691% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $34.6M $47.4M ▲ +37.0%
Year Plans Participants Total Assets
2022 1 121 $35M
2023 1 124 $41M
2024 1 142 $47M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Plumbers and Pipefitters Local 551 Pension Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Plumbers and Pipefitters Local 551 Pension Plan, Total assets ($B): 0.034584112 · Participants: 121Plumbers and Pipefitters Local 551 Pension PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Plumbers and Pipefitters Local 551 Pension Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Plumbers and Pipefitters Local 551 Pension Plan side-by-side with 3 peers →

Plumbers and Pipefitters Local 551 Pension Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Talley Inc. Cash or Deferred Profit Sharing Plan in CA ($35M); by covered participants it is Associates in Pediatric Therapy LLC 401(k) Plan in KY (121 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($35M here).

Similar participant headcount

Nearest other-state filings by covered participants (121 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 Plumbers and Pipefitters Local 551 Pension Plan assets move in 2022? ▼
Plumbers and Pipefitters Local 551 Pension Plan grew at a solid clip - up 14.4% during 2022, from $30M to $35M. Reported net income was $4M.
How have Plumbers and Pipefitters Local 551 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Plumbers and Pipefitters Local 551's sponsor-wide assets grew 37.0%, from $35M to $47M.
Where does Plumbers and Pipefitters Local 551 Pension Plan rank by assets among Form 5500 filers? ▼
Plumbers and Pipefitters Local 551 Pension Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Plumbers and Pipefitters Local 551 Pension Plan? ▼
Among 401(k) plans in other states, the closest by assets is Talley Inc. Cash or Deferred Profit Sharing Plan in CA ($35M, 342 participants).
Which 401(k) plans cover a similar participant headcount to Plumbers and Pipefitters Local 551 Pension Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Associates in Pediatric Therapy LLC 401(k) Plan in KY (121 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 371136405.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.