Defined Benefit (Pension) · DOL Form 5500 · 2023
Shopmens Division Local 597 Joint Board of Trustees Pension Plan
Data updated 2026-08-25
- $15M
- Total assets Small plan by assets
- 131
- Participants Small participant base
- 67th
- Percentile by assets National rank
- $113,658
- Avg per participant Below avg balance/head
Official DOL plan name: Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 · Sponsored by Shopmens Division Local 597 Joint Board of Trustees · Illinois · Construction
$15M in assets, 131 participants
Shopmens Division Local 597 Joint Board of Trustees's Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 reported $15M in total assets and 131 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.
- #5,933 in Construction (9,030 peers)
Coverage in Illinois
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 covers 131 participants in Illinois, about 17% of the average Illinois filer (state average ~779 per filing). Assets: $15M.
- #5,933
- in Construction (9,030 peers)
- +8.5%
- assets growth YoY
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597's outsized position by total assets
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$14,889,179 Top 33% higher than 67% 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
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 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. Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 sits mid-pack in the medium band (131 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
- Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 end-of-year assets rose from $14M in the plan year 2022 filing to $15M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 366511016 · Shopmens Division Local 597 Joint Board of Trustees PY 2023 · Defined Benefit (Pension)
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 · $15M · 131 · 67th
- BOOK $15M
- BOOK 131
- BOOK 67th
- BOOK Defined Benefit (Pension)
- BOOK near New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729
- BOOK ind #5933
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 →
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | $1M |
| Employer EIN | 366511016 |
| Plan Effective Date | 1972-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Shopmens Division Local 597 Joint Board of Trustees)
Sponsor-wide plan assets over time
All Shopmens Division Local 597 Joint Board of Trustees plans reported in each filing year
- Latest sponsor-wide plan assets
- $16M 18.106697311319557% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 130 | $14M |
| 2023 | 1 | 131 | $15M |
| 2024 | 1 | 137 | $16M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
- State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
- John Deere Pension Plan for Salaried Employees $8.0B · 16,346
- Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is New Castle Stainless Plate, LLC. Wage Retirement Income Plan for Members of UAW Local 729 in IN ($15M); by covered participants it is Northwestern Energy Sd/Ne Pension Plan in MT (131 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($15M here).
Similar participant headcount
Nearest other-state filings by covered participants (131 participants); asset peers above are excluded.
- Northwestern Energy Sd/Ne Pension Plan (MT) 131 · 0 off
- Pq Corporation Retirement Plan (PA) 131 · 0 off
- United Stars, Inc. Pension Plan (WI) 131 · 0 off
- Fish & Richardson Principals' Cash Balance Plan (MN) 131 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.