Defined Benefit (Pension) · DOL Form 5500 · 2023
Trustees of the Plumbers and Pipefitters Local 123 Pension Fund Pension Plan
Data updated 2026-08-25
- $60M
- Total assets Below avg plan size
- 477
- Participants Below avg headcount
- 87th
- Percentile by assets National rank
- $125,914
- Avg per participant Near avg balance/head
Official DOL plan name: Plumbers & Pipefitters Local 123 Pension Fund · Sponsored by Trustees of the Plumbers and Pipefitters Local 123 Pension Fund · Florida · Construction
$60M in assets, 477 participants
Trustees of the Plumbers and Pipefitters Local 123 Pension Fund's Plumbers & Pipefitters Local 123 Pension Fund reported $60M in total assets and 477 participants in its 2023 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.
- #7,701 in Construction (9,030 peers)
Where Plumbers & Pipefitters Local 123 Pension Fund sits by assets
Plumbers & Pipefitters Local 123 Pension Fund sits in the top quartile of all filed plans by assets, $60M for 477 participants (~$125,914/participant), up 13.9% in 2023.
- #7,701
- in Construction (9,030 peers)
- +13.9%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Plumbers & Pipefitters Local 123 Pension Fund's outsized position by total assets
Plumbers & Pipefitters Local 123 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$60,060,750 Top 13% higher than 87% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Plumbers & Pipefitters Local 123 Pension Fund among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plumbers & Pipefitters Local 123 Pension Fund sits mid-pack in the medium band (477 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Plumbers & Pipefitters Local 123 Pension Fund reported net income rose from -$8M in the plan year 2022 filing to $7M in the plan year 2023 filing.
- Plumbers & Pipefitters Local 123 Pension Fund end-of-year assets rose from $53M in the plan year 2022 filing to $60M in the plan year 2023 filing.
- Plumbers & Pipefitters Local 123 Pension Fund reported participants rose from 459 in the plan year 2022 filing to 477 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 596164124 · Trustees of the Plumbers and Pipefitters Local 123 Pension Fund PY 2023 · Defined Benefit (Pension)
Plumbers & Pipefitters Local 123 Pension Fund · $60M · 477 · 87th
- EOY $60M
- 5500 477
- ASSETS 87th
- PCT Defined Benefit (Pension)
- EIN near First Financial Corporation Employees' Pension Plan
- RANK ind #7701
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 Florida →
Plumbers & Pipefitters Local 123 Pension Fund in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $53M |
|---|---|
| Net Assets (End of Year) | $60M |
| Net Income | $7M |
| Employer EIN | 596164124 |
| Plan Effective Date | 1965-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the Plumbers and Pipefitters Local 123 Pension Fund)
Sponsor-wide plan assets over time
All Trustees of the Plumbers and Pipefitters Local 123 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $67M 27.703870103699145% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 459 | $53M |
| 2023 | 1 | 477 | $60M |
| 2024 | 1 | 558 | $67M |
Nearby Defined Benefit (Pension) Plans in Florida
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- L3harris Technologies Consolidated Pension Plan $7.7B · 4,676
- Nextera Energy, Inc. Employee Pension Plan $5.1B · 13,121
- Csx Pension Plan $2.4B · 2,446
- Retirement Accumulation Plan for Partners of Pwc $2.2B · 3,967
- Retirement Benefit Accumulation Plan for Employees of Pwc $1.9B · 5,514
Plumbers & Pipefitters Local 123 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Florida, the nearest Defined Benefit (Pension) by assets is First Financial Corporation Employees' Pension Plan in IN ($60M); by covered participants it is Century Aluminum Consolidated Retirement Plan in IL (477 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($60M here).
- First Financial Corporation Employees' Pension Plan (IN) $60M · 235
- American Legion Retirement Plan for Employees of the National Headquarters & Subordinate Groups Thereof (IN) $60M · 77
- Vermont Mutual Insurance Company Employees' Pension Plan (VT) $60M · 80
- Machinery Movers, Riggers & Mach. Erect. Local 136 Supplemental Retirement Plan (IL) $60M · 169
Similar participant headcount
Nearest other-state filings by covered participants (477 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.