Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475 Pension Plan

Data updated 2026-08-11

$182M
Total assets: 451
Participants: 94th
Percentile by assets: $403,764
Avg per participant

Official DOL plan name: Pension Plan of Steamfitters Pension Fund 475 · Sponsored by Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475 · New Jersey · Construction

$182M in assets, 451 participants

Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475's Pension Plan of Steamfitters Pension Fund 475 reported $182M in total assets and 451 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.

94th percentile by assets (of 127,072 plans)
#8,411 in Construction (9,030 peers)

Where Pension Plan of Steamfitters Pension Fund 475 sits by assets

Pension Plan of Steamfitters Pension Fund 475 sits in the top 10% of all filed plans by assets, $182M for 451 participants (~$403,764/participant), up 9.8% in 2023.

$182M
total plan assets (2023 EOY): 451
covered participants: 94th
percentile by assets (of 127,072 plans): $403,764
avg assets per participant

Pension Plan of Steamfitters Pension Fund 475 reported net income rose from -$31M in the plan year 2022 filing to $16M in the plan year 2023 filing.
Pension Plan of Steamfitters Pension Fund 475 end-of-year assets rose from $166M in the plan year 2022 filing to $182M in the plan year 2023 filing.
Pension Plan of Steamfitters Pension Fund 475 reported participants fell from 468 in the plan year 2022 filing to 451 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New Jersey

Industry

Construction

Pension Plan of Steamfitters Pension Fund 475 vs the 2023 asset distribution

By assets, Pension Plan of Steamfitters Pension Fund 475 outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$166M
Net Assets (End of Year)	$182M
Net Income	$16M
Employer EIN	226029738
Plan Effective Date	1953-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475)

Total plan assets by year, all Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475 plans on file

Year	Plans	Participants	Total Assets
2022	1	468	$166M
2023	1	451	$182M
2024	1	464	$198M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Pension Plan of Steamfitters Pension Fund 475 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Retirement Plan of Johnson and Johnson $21.2B · 37,749
JPMorgan Chase Retirement Plan $16.3B · 90,644
Nokia Retirement Income Plan $13.9B · 7,492
The Prudential Merged Retirement Plan $12.2B · 16,230
Verizon Pension Plan for Associates $10.9B · 23,778

Compare Pension Plan of Steamfitters Pension Fun… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan of Steamfitters Pension Fund 475 by total assets, not by location.

L3harris Integrated Systems Pension Plan for Greenville Hourly Employees (FL) $182M · 570
United Assn of Journeymen Plumbers & Pipefitters Local 357 Pension Plan (MI) $182M · 589
Potlatchdeltic Retirement Plan (WA) $182M · 581
The Shubert Organization, Inc. Employees Pension Plan (NY) $182M · 153

Frequently Asked Questions

How did Pension Plan of Steamfitters Pension Fund 475 assets move in 2023? ▼

Pension Plan of Steamfitters Pension Fund 475 grew at a solid clip - up 9.8% during 2023, from $166M to $182M. Reported net income was $16M.

How have Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475 plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475's sponsor-wide assets grew 19.6%, from $166M to $198M.

Where does Pension Plan of Steamfitters Pension Fund 475 rank by assets among Form 5500 filers? ▼

Pension Plan of Steamfitters Pension Fund 475 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 Plan of Steamfitters Pension Fund 475? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is L3harris Integrated Systems Pension Plan for Greenville Hourly Employees in FL ($182M, 570 participants).

Next read for Pension Plan of Steamfitters Pension Fun…

Scale reading

Ways to act on Pension Plan of Steamfitters Pension Fund 475's numbers.

By total assets, Pension Plan of Steamfitters Pension Fund 475 ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475's sponsor-wide assets have grown 19.6% since 2022 across 3 plan years on file. More Construction plans

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 226029738.