Defined Benefit (Pension) · DOL Form 5500 · 2023

Plumbers Local 98 Defined Benefit Pension Fund Pension Plan

Data updated 2026-08-25

$258M
Total assets Near avg plan size
780
Participants Near avg headcount
96th
Percentile by assets National rank
$330,205
Avg per participant High balance/head
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Official DOL plan name: Plumbers Local No 98 Defined Benefit Pension Fund · Sponsored by Plumbers Local 98 Defined Benefit Pension Fund · Michigan · Construction

$258M in assets, 780 participants

Plumbers Local 98 Defined Benefit Pension Fund's Plumbers Local No 98 Defined Benefit Pension Fund reported $258M in total assets and 780 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,562 in Construction (9,030 peers)

Where Plumbers Local No 98 Defined Benefit Pension Fund sits by assets

Plumbers Local No 98 Defined Benefit Pension Fund sits in the top 5% of all filed plans by assets, $258M for 780 participants (~$330,205/participant), up 14.3% in 2023.

#8,562
in Construction (9,030 peers)
+14.3%
assets growth YoY
2.6×
vs typical plan assets (national mean)

Plumbers Local No 98 Defined Benefit Pension Fund's outsized position by total assets

Plumbers Local No 98 Defined Benefit Pension Fund vs every filed plan by assets

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

$257,560,148 Top 4% higher than 96% 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 Local No 98 Defined Benefit 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 Local No 98 Defined Benefit Pension Fund sits mid-pack in the medium band (780 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plumbers Local No 98 Defined Benefit Pension Fund reported net income rose from -$33M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Plumbers Local No 98 Defined Benefit Pension Fund end-of-year assets rose from $225M in the plan year 2022 filing to $258M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 383031916 · Plumbers Local 98 Defined Benefit Pension Fund PY 2023 · Defined Benefit (Pension)

Plumbers Local No 98 Defined Benefit Pension Fund · $258M · 780 · 96th

  • SCH $258M
  • EBSA 780
  • PART 96th
  • TYPE Defined Benefit (Pension)
  • NET near Ameritas Pension Plan
  • BOOK ind #8562

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 Michigan →

Plumbers Local No 98 Defined Benefit Pension Fund in the asset neighbourhood

King & Spalding LLP Cash Balance Pension PlanKing & Spalding LLP Cash Bal…$259MSmiths Group Pension Plan$258MAmeritas Pension Plan$258MPlumbers Local No 98 Defined Benefit Pension FundPlumbers Local No 98 Defined…$258MUnited Association Local 7 Pension PlanUnited Association Local 7 P…$257M
End-of-year total assets ($M) among Plumbers Local No 98 Defined Benefit 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)$225M
Net Assets (End of Year)$257M
Net Income$32M
Employer EIN383031916
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers Local 98 Defined Benefit Pension Fund)

Sponsor-wide plan assets over time

All Plumbers Local 98 Defined Benefit Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$296M 31.129467447001442% vs 2022
2024 filing year
$200M$250M$300M$350M 202220232024 $225M $296M ▲ +31.1%
Year Plans Participants Total Assets
2022 1 774 $225M
2023 1 780 $258M
2024 1 814 $296M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Plumbers Local No 98 Defined Benefit Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Plumbers Local No 98 Defined Benefit Pension Fund, Total assets ($B): 0.257560148 · Participants: 780Plumbers Local No 98 Defined Benefit Pension FundGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Plumbers Local No 98 Defined Benefit Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Plumbers Local No 98 Defined Benefit Pension Fund side-by-side with 3 peers →

Plumbers Local No 98 Defined Benefit Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Ameritas Pension Plan in NE ($258M); by covered participants it is Gray Television, Inc. Retirement Plan in GA (780 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($258M here).

Similar participant headcount

Nearest other-state filings by covered participants (780 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 Local No 98 Defined Benefit Pension Fund assets move in 2023? ▼
Plumbers Local No 98 Defined Benefit Pension Fund grew at a solid clip - up 14.3% during 2023, from $225M to $258M. Reported net income was $32M.
How have Plumbers Local 98 Defined Benefit Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Plumbers Local 98 Defined Benefit Pension Fund's sponsor-wide assets grew 31.1%, from $225M to $296M.
Where does Plumbers Local No 98 Defined Benefit Pension Fund rank by assets among Form 5500 filers? ▼
Plumbers Local No 98 Defined Benefit Pension Fund ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Plumbers Local No 98 Defined Benefit Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ameritas Pension Plan in NE ($258M, 202 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Plumbers Local No 98 Defined Benefit Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Gray Television, Inc. Retirement Plan in GA (780 participants, $117M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 383031916.

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.