Money Purchase · DOL Form 5500 · 2022

United Association of Journeyman & Apprentice Pipefitters Local 524 Money Purchase Plan

Data updated 2026-08-11

$44M
Total assets
357
Participants
87th
Percentile by assets
$122,159
Avg per participant
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Official DOL plan name: Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan · Sponsored by United Association of Journeyman & Apprentice Pipefitters Local 524 · Pennsylvania · Construction

$44M in assets, 357 participants

United Association of Journeyman & Apprentice Pipefitters Local 524's Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan reported $44M in total assets and 357 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 139,126 plans)
  • #8,452 in Construction (9,927 peers)

Coverage in Pennsylvania

Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan covers 357 participants in Pennsylvania, about 43% of the average Pennsylvania filer (state average ~822 per filing). Assets: $44M.

$44M
total plan assets (2022 EOY)
357
covered participants
87th
percentile by assets (of 139,126 plans)
$122,159
avg assets per participant
State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan reports 357 participants - about 43% of that state average ($44M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$44M
Net Income$5M
Employer EIN231992413
Plan Effective Date1973-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Association of Journeyman & Apprentice Pipefitters Local 524)

$40M$45M$50M$55M 202220232024 $43.6M $53.7M ▲ +23.1%
Total plan assets by year, all United Association of Journeyman & Apprentice Pipefitters Local 524 plans on file
Year Plans Participants Total Assets
2022 1 357 $44M
2023 1 384 $48M
2024 1 307 $54M

Nearby Money Purchase Plans in Pennsylvania

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

Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants

Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 01000200030004000 -20002004006008001000 Total assets ($M) Participants Pipefitters and Plum…Central Pennsylvania…Duane Morris Retirem…IBEW Local Union 375…Milton Hershey Schoo…Dentons Cohen & Grig…
Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan assets move in 2022?
Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan grew at a solid clip - up 12.8% during 2022, from $39M to $44M. Reported net income was $5M.
How have United Association of Journeyman & Apprentice Pipefitters Local 524 plan assets changed over time?
Across 3 plan years on file (2022-2024), United Association of Journeyman & Apprentice Pipefitters Local 524's sponsor-wide assets grew 23.1%, from $44M to $54M.
Where does Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan rank by assets among Form 5500 filers?
Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan ranks in the 87th 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 Money Purchase plans are similar in size to Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan?
Among Money Purchase plans in other states, the closest by assets is Hawaii Tapers' Annuity Plan in HI ($44M, 380 participants).

Next read for Pipefitters and Plumbers Local No. 524 P…

Filing takeaways

Ways to act on Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan's numbers.

  • By total assets, Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Pennsylvania. Compare plans
  • United Association of Journeyman & Apprentice Pipefitters Local 524's sponsor-wide assets have grown 23.1% since 2022 across 3 plan years on file. More Construction plans