Defined Benefit (Pension) · DOL Form 5500 · 2023

Plumbers & Pipefitters Local 162 Pension Plan

Data updated 2026-08-25

$80M
Total assets Below avg plan size
390
Participants Below avg headcount
90th
Percentile by assets National rank
$206,184
Avg per participant Above avg balance/head
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Official DOL plan name: Plumbers & Pipefitters Local 162 Pension Fund · Sponsored by Plumbers & Pipefitters Local 162 · Ohio · Construction

$80M in assets, 390 participants

Plumbers & Pipefitters Local 162's Plumbers & Pipefitters Local 162 Pension Fund reported $80M in total assets and 390 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,927 in Construction (9,030 peers)

Where Plumbers & Pipefitters Local 162 Pension Fund sits by assets

Plumbers & Pipefitters Local 162 Pension Fund sits in the top 10% of all filed plans by assets, $80M for 390 participants (~$206,184/participant), up 12.7% in 2023.

#7,927
in Construction (9,030 peers)
+12.7%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Plumbers & Pipefitters Local 162 Pension Fund's outsized position by total assets

Plumbers & Pipefitters Local 162 Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$80,411,910 Top 10% higher than 90% of 127,068 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 2023

Plumbers & Pipefitters Local 162 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 162 Pension Fund sits mid-pack in the medium band (390 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plumbers & Pipefitters Local 162 Pension Fund reported net income rose from -$12M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Plumbers & Pipefitters Local 162 Pension Fund reported participants fell from 624 in the plan year 2022 filing to 390 in the plan year 2023 filing.
  • Plumbers & Pipefitters Local 162 Pension Fund end-of-year assets rose from $71M in the plan year 2022 filing to $80M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 316125999 · Plumbers & Pipefitters Local 162 PY 2023 · Defined Benefit (Pension)

Plumbers & Pipefitters Local 162 Pension Fund · $80M · 390 · 90th

  • EBSA $80M
  • EBSA 390
  • EBSA 90th
  • EBSA Defined Benefit (Pension)
  • EBSA near American College of Surgeons Staff Members' Retirement Plan
  • EBSA ind #7927

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 Ohio →

Plumbers & Pipefitters Local 162 Pension Fund in the asset neighbourhood

Bricklayers & Allied Craftworkers Local No. 5 Pension PlanBricklayers & Allied Craftwo…$81MN.E.C.a.-I.B.E.W. Local Union No. 35 Pension FundN.E.C.a.-I.B.E.W. Local Unio…$80MPlumbers & Pipefitters Local 162 Pension FundPlumbers & Pipefitters Local…$80MAmerican College of Surgeons Staff Members' Retirement PlanAmerican College of Surgeons…$80MAxel Johnson Inc. Retirement PlanAxel Johnson Inc. Retirement…$80M
End-of-year total assets ($M) among Plumbers & Pipefitters Local 162 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$80M
Net Income$9M
Employer EIN316125999
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers & Pipefitters Local 162)

Sponsor-wide plan assets over time

All Plumbers & Pipefitters Local 162 plans reported in each filing year

Latest sponsor-wide plan assets
$98M 37.84693710958776% vs 2022
2024 filing year
$60M$70M$80M$90M$100M$110M 202220232024 $71.3M $98.3M ▲ +37.9%
Year Plans Participants Total Assets
2022 1 624 $71M
2023 1 390 $80M
2024 1 862 $98M

Nearby Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Plumbers & Pipefitters Local 162 Pension Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Plumbers & Pipefitters Local 162 Pension Fund, Total assets ($B): 0.08041191 · Participants: 390Plumbers & Pipefitters Local 162 Pension FundFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
Plumbers & Pipefitters Local 162 Pension Fund vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Plumbers & Pipefitters Local 162 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is American College of Surgeons Staff Members' Retirement Plan in IL ($80M); by covered participants it is Service Federal Credit Union Retirement Pension Plan in NH (390 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (390 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.

Frequently Asked Questions

How did Plumbers & Pipefitters Local 162 Pension Fund assets move in 2023?
Plumbers & Pipefitters Local 162 Pension Fund grew at a solid clip - up 12.7% during 2023, from $71M to $80M. Reported net income was $9M.
How have Plumbers & Pipefitters Local 162 plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers & Pipefitters Local 162's sponsor-wide assets grew 37.8%, from $71M to $98M.
Where does Plumbers & Pipefitters Local 162 Pension Fund rank by assets among Form 5500 filers?
Plumbers & Pipefitters Local 162 Pension Fund ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Plumbers & Pipefitters Local 162 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is American College of Surgeons Staff Members' Retirement Plan in IL ($80M, 338 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Plumbers & Pipefitters Local 162 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Service Federal Credit Union Retirement Pension Plan in NH (390 participants, $53M in assets).