Profit Sharing · DOL Form 5500 · 2023
Local 354 Plumbers & Pipe Fitters Pension Fund Profit Sharing Plan
Data updated 2026-08-25
- $123M
- Total assets Near avg plan size
- 1,330
- Participants Near avg headcount
- 92nd
- Percentile by assets National rank
- $92,155
- Avg per participant Below avg balance/head
Official DOL plan name: Plumbers & Pipe Fitters Local 354 Pension Fund · Sponsored by Local 354 Plumbers & Pipe Fitters Pension Fund · Pennsylvania · Construction
$123M in assets, 1,330 participants
Local 354 Plumbers & Pipe Fitters Pension Fund's Plumbers & Pipe Fitters Local 354 Pension Fund reported $123M in total assets and 1,330 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- #8,218 in Construction (9,030 peers)
Where Plumbers & Pipe Fitters Local 354 Pension Fund sits by assets
Plumbers & Pipe Fitters Local 354 Pension Fund sits in the top 10% of all filed plans by assets, $123M for 1,330 participants (~$92,155/participant), up 12.7% in 2023.
- #8,218
- in Construction (9,030 peers)
- +12.7%
- assets growth YoY
- 1.2×
- vs typical plan assets (national mean)
Plumbers & Pipe Fitters Local 354 Pension Fund's outsized position by total assets
Plumbers & Pipe Fitters Local 354 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$122,566,249 Top 8% higher than 92% 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
Plumbers & Pipe Fitters Local 354 Pension Fund's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plumbers & Pipe Fitters Local 354 Pension Fund lands in the large band (1,330 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Plumbers & Pipe Fitters Local 354 Pension Fund reported net income rose from -$25M in the plan year 2022 filing to $14M in the plan year 2023 filing.
- Plumbers & Pipe Fitters Local 354 Pension Fund end-of-year assets rose from $109M in the plan year 2022 filing to $123M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 256148991 · Local 354 Plumbers & Pipe Fitters Pension Fund PY 2023 · Profit Sharing
Plumbers & Pipe Fitters Local 354 Pension Fund · $123M · 1,330 · 92nd
- BOY $123M
- BOY 1,330
- BOY 92nd
- BOY Profit Sharing
- BOY near Plumbers and Gasfitters Local 5 Retirement Savings Plan
- BOY ind #8218
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 Pennsylvania →
Plumbers & Pipe Fitters Local 354 Pension Fund in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $109M |
|---|---|
| Net Assets (End of Year) | $123M |
| Net Income | $14M |
| Employer EIN | 256148991 |
| Plan Effective Date | 1973-08-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local 354 Plumbers & Pipe Fitters Pension Fund)
Sponsor-wide plan assets over time
All Local 354 Plumbers & Pipe Fitters Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $135M 24.225556304387815% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,325 | $109M |
| 2023 | 1 | 1,330 | $123M |
| 2024 | 1 | 1,323 | $135M |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Eastern Atlantic States Carpenters Annuity Fund $2.1B · 17,441
- University of Pennsylvania Basic Plan $1.7B · 21,016
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.1B · 3,905
- Temple University Health System, Inc. Defined Contribution Retirement Plan $763M · 10,204
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $714M · 2,458
Plumbers & Pipe Fitters Local 354 Pension Fund's out-of-state Profit Sharing peers by assets and headcount
Outside Pennsylvania, the nearest Profit Sharing by assets is Plumbers and Gasfitters Local 5 Retirement Savings Plan in MD ($122M); by covered participants it is Lifetime Assistance, Inc. Employee Retirement Plan in NY (1,333 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($123M here).
- Plumbers and Gasfitters Local 5 Retirement Savings Plan (MD) $122M · 2,043
- Pillsbury Winthrop Shaw Pittman LLP Retirement Savings Plan No. 2 (CA) $123M · 593
- Otterbein University Tax Deferred Annuity and Defined Contribution Retirement Plan (OH) $123M · 765
- Bronxcare Health System Retirement Plan (NY) $123M · 865
Similar participant headcount
Nearest other-state filings by covered participants (1,330 participants); asset peers above are excluded.
- Lifetime Assistance, Inc. Employee Retirement Plan (NY) 1,333 · 3 off
- I.U.O.E. Local 98 Annuity Fund (MA) 1,326 · 4 off
- Metro-Ila Individual Account Retirement Plan (NJ) 1,322 · 8 off
- Electrical Workers Local Union 159 Retirement Plan (WI) 1,358 · 28 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.