Profit Sharing · DOL Form 5500 · 2023

Board of Trustees of the Pipe Trades Services Mn Pension Supplement Tr Profit Sharing Plan

Data updated 2026-08-11

$1.6B
Total assets
6,062
Participants
99th
Percentile by assets
$266,805
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Pipe Trades Services Mn Pension Supplement Fund · Sponsored by Board of Trustees of the Pipe Trades Services Mn Pension Supplement Tr · Minnesota · Construction

$1.6B in assets, 6,062 participants

Board of Trustees of the Pipe Trades Services Mn Pension Supplement Tr's Pipe Trades Services Mn Pension Supplement Fund reported $1.6B in total assets and 6,062 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #8,961 in Construction (9,030 peers)

Coverage in Minnesota

Pipe Trades Services Mn Pension Supplement Fund covers 6,062 participants in Minnesota, 5.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.6B.

$1.6B
total plan assets (2023 EOY)
6,062
covered participants
99th
percentile by assets (of 127,072 plans)
$266,805
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pipe Trades Services Mn Pension Supplement Fund reported net income rose from -$287M in the plan year 2022 filing to $217M in the plan year 2023 filing.
  • Pipe Trades Services Mn Pension Supplement Fund end-of-year assets rose from $1.4B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.
  • Pipe Trades Services Mn Pension Supplement Fund reported participants fell from 6,268 in the plan year 2022 filing to 6,062 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Pipe Trades Services Mn Pension Supplement Fund reports 6,062 participants - 5.4x that state average ($1.6B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.6B
Net Income$217M
Employer EIN411539354
Plan Effective Date1981-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Pipe Trades Services Mn Pension Supplement Tr)

$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.39B $1.82B ▲ +30.9%
Total plan assets by year, all Board of Trustees of the Pipe Trades Services Mn Pension Supplement Tr plans on file
Year Plans Participants Total Assets
2022 1 6,268 $1.4B
2023 1 6,062 $1.6B
2024 1 6,017 $1.8B

Nearby Profit Sharing Plans in Minnesota

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Pipe Trades Services Mn Pension Supplement Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Pipe Trades Services Mn Pension Supplement Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 00.511.522.5 Total assets ($B) Participants Pipe Trades Services…Essentia Health Reti…Allina 403(b) Retire…Fairview Health Serv…Cargill Employee Ret…Regions Hospital Ret…
Pipe Trades Services Mn Pension Supplement Fund vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Scale composition for Pipe Trades Services Mn Pension Supplement Fund

Pipe Trades Services Mn Pension Supplement Fund reports $1.6B in end-of-year assets across 6,062 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $266,805 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2023 was $217M.

This plan identity (EIN 411539354, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.4B to $1.8B (+30.5%) while covered participants moved from 6,268 to 6,017 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,268 $1.4B Open filing
2023 6,062 $1.6B This page
2024 · index core 6,017 $1.8B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Pipe Trades Services Mn Pension Supplement Fund by total assets, not by location.

Frequently Asked Questions

How did Pipe Trades Services Mn Pension Supplement Fund assets move in 2023?
Pipe Trades Services Mn Pension Supplement Fund grew sharply - up 15.9% during 2023, from $1.4B to $1.6B. Reported net income was $217M.
How have Board of Trustees of the Pipe Trades Services Mn Pension Supplement Tr plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of the Pipe Trades Services Mn Pension Supplement Tr's sponsor-wide assets grew 30.5%, from $1.4B to $1.8B.
Where does Pipe Trades Services Mn Pension Supplement Fund rank by assets among Form 5500 filers?
Pipe Trades Services Mn Pension Supplement Fund ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Profit Sharing plans are similar in size to Pipe Trades Services Mn Pension Supplement Fund?
Among Profit Sharing plans in other states, the closest by assets is Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO in NY ($1.7B, 5,807 participants).

Next read for Pipe Trades Services Mn Pension Suppleme…

Filing takeaways

Ways to act on Pipe Trades Services Mn Pension Supplement Fund's numbers.

  • By total assets, Pipe Trades Services Mn Pension Supplement Fund ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Minnesota. Compare plans
  • Board of Trustees of the Pipe Trades Services Mn Pension Supplement Tr's sponsor-wide assets have grown 30.5% since 2022 across 3 plan years on file. More Construction plans