Defined Benefit (Pension) · DOL Form 5500 · 2023

Plumbing & Pipefitting Ind AFL Pension Plan

Data updated 2026-08-25

$177M
Total assets Near avg plan size
308
Participants Below avg headcount
94th
Percentile by assets National rank
$574,601
Avg per participant High balance/head
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Official DOL plan name: Pension Fund of Local Union No. 274 · Sponsored by Plumbing & Pipefitting Ind AFL · New Jersey · Construction

$177M in assets, 308 participants

Plumbing & Pipefitting Ind AFL's Pension Fund of Local Union No. 274 reported $177M in total assets and 308 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,397 in Construction (9,030 peers)

Coverage in New Jersey

Pension Fund of Local Union No. 274 covers 308 participants in New Jersey, about 36% of the average New Jersey filer (state average ~844 per filing). Assets: $177M.

#8,397
in Construction (9,030 peers)
+7.4%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Pension Fund of Local Union No. 274's outsized position by total assets

Pension Fund of Local Union No. 274 vs every filed plan by assets

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

$176,977,247 Top 6% higher than 94% 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

Pension Fund of Local Union No. 274 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. Pension Fund of Local Union No. 274 sits mid-pack in the medium band (308 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Fund of Local Union No. 274 reported net income rose from -$26M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Pension Fund of Local Union No. 274 reported participants fell from 333 in the plan year 2022 filing to 308 in the plan year 2023 filing.
  • Pension Fund of Local Union No. 274 end-of-year assets rose from $165M in the plan year 2022 filing to $177M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 221665268 · Plumbing & Pipefitting Ind AFL PY 2023 · Defined Benefit (Pension)

Pension Fund of Local Union No. 274 · $177M · 308 · 94th

  • IND $177M
  • IND 308
  • IND 94th
  • IND Defined Benefit (Pension)
  • IND near Huhtamaki Retirement Accrual Plan
  • IND ind #8397

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 New Jersey →

Pension Fund of Local Union No. 274 in the asset neighbourhood

Ogilvy & Mather Account Balance Defined Benefit Continuation Pension PlanOgilvy & Mather Account Bala…$177MComponents Pension Plan for Puerto RicoComponents Pension Plan for …$177MHuhtamaki Retirement Accrual PlanHuhtamaki Retirement Accrual…$177MPension Fund of Local Union No. 274Pension Fund of Local Union …$177MNustar Pension Plan$177M
End-of-year total assets ($M) among Pension Fund of Local Union No. 274 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$165M
Net Assets (End of Year)$177M
Net Income$12M
Employer EIN221665268
Plan Effective Date1959-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbing & Pipefitting Ind AFL)

Sponsor-wide plan assets over time

All Plumbing & Pipefitting Ind AFL plans reported in each filing year

Latest sponsor-wide plan assets
$191M 15.839558604681262% vs 2022
2024 filing year
$160M$170M$180M$190M$200M 202220232024 $165M $191M ▲ +15.8%
Year Plans Participants Total Assets
2022 1 333 $165M
2023 1 308 $177M
2024 1 288 $191M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Pension Fund of Local Union No. 274 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Pension Fund of Local Union No. 274, Total assets ($B): 0.176977247 · Participants: 308Pension Fund of Local Union No. 274Retirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
Pension Fund of Local Union No. 274 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Pension Fund of Local Union No. 274's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Huhtamaki Retirement Accrual Plan in KS ($177M); by covered participants it is The Jackson Lewis P.C. Cash Balance Plan II in NY (308 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($177M here).

Similar participant headcount

Nearest other-state filings by covered participants (308 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 Pension Fund of Local Union No. 274 assets move in 2023?
Pension Fund of Local Union No. 274 grew at a solid clip - up 7.4% during 2023, from $165M to $177M. Reported net income was $12M.
How have Plumbing & Pipefitting Ind AFL plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbing & Pipefitting Ind AFL's sponsor-wide assets grew 15.8%, from $165M to $191M.
Where does Pension Fund of Local Union No. 274 rank by assets among Form 5500 filers?
Pension Fund of Local Union No. 274 ranks in the 94th 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 Pension Fund of Local Union No. 274?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Huhtamaki Retirement Accrual Plan in KS ($177M, 1,232 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Fund of Local Union No. 274?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Jackson Lewis P.C. Cash Balance Plan II in NY (308 participants, $30M in assets).