Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Steamfitters Local #449 Pension Fund Pension Plan

Data updated 2026-08-25

$436M
Total assets Above avg plan size
1,656
Participants Near avg headcount
97th
Percentile by assets National rank
$263,508
Avg per participant High balance/head
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Official DOL plan name: Steamfitters Local #449 Pension Plan · Sponsored by Board of Trustees Steamfitters Local #449 Pension Fund · Pennsylvania · Construction

$436M in assets, 1,656 participants

Board of Trustees Steamfitters Local #449 Pension Fund's Steamfitters Local #449 Pension Plan reported $436M in total assets and 1,656 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,737 in Construction (9,030 peers)

Coverage in Pennsylvania

Steamfitters Local #449 Pension Plan covers 1,656 participants in Pennsylvania, 2.0x the typical Pennsylvania plan (state average ~822 per filing). Assets: $436M.

#8,737
in Construction (9,030 peers)
+12.8%
assets growth YoY
4.4×
vs typical plan assets (national mean)

Steamfitters Local #449 Pension Plan's outsized position by total assets

Steamfitters Local #449 Pension Plan vs every filed plan by assets

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

$436,369,078 Top 3% higher than 97% 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

Steamfitters Local #449 Pension Plan'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. Steamfitters Local #449 Pension Plan lands in the large band (1,656 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Steamfitters Local #449 Pension Plan reported net income rose from -$66M in the plan year 2022 filing to $49M in the plan year 2023 filing.
  • Steamfitters Local #449 Pension Plan end-of-year assets rose from $387M in the plan year 2022 filing to $436M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 256032401 · Board of Trustees Steamfitters Local #449 Pension Fund PY 2023 · Defined Benefit (Pension)

Steamfitters Local #449 Pension Plan · $436M · 1,656 · 97th

  • 5500 $436M
  • 5500 1,656
  • 5500 97th
  • 5500 Defined Benefit (Pension)
  • 5500 near Local 68 Engineers Union Pension Plan
  • 5500 ind #8737

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 →

Steamfitters Local #449 Pension Plan in the asset neighbourhood

Td Banknorth Inc. Pension PlanTd Banknorth Inc. Pension Pl…$437MItg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework EmployeesItg Brands, LLC Retirement A…$437MLocal 68 Engineers Union Pension PlanLocal 68 Engineers Union Pen…$436MSteamfitters Local #449 Pension PlanSteamfitters Local #449 Pens…$436MCash Balance Retirement Plan of Hallmark Cards, Inc.Cash Balance Retirement Plan…$436M
End-of-year total assets ($M) among Steamfitters Local #449 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$387M
Net Assets (End of Year)$435M
Net Income$49M
Employer EIN256032401
Plan Effective Date1956-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Steamfitters Local #449 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Steamfitters Local #449 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$479M 23.85638926300745% vs 2022
2024 filing year
$350M$400M$450M$500M 202220232024 $387M $479M ▲ +23.9%
Year Plans Participants Total Assets
2022 1 1,653 $387M
2023 1 1,656 $436M
2024 1 1,656 $479M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Steamfitters Local #449 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Steamfitters Local #449 Pension Plan, Total assets ($B): 0.436369078 · Participants: 1656Steamfitters Local #449 Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Steamfitters Local #449 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Steamfitters Local #449 Pension Plan side-by-side with 3 peers →

Steamfitters Local #449 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Local 68 Engineers Union Pension Plan in NJ ($436M); by covered participants it is I. B. E. W. Local 25 Pension Fund in NY (1,656 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,656 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 Steamfitters Local #449 Pension Plan assets move in 2023? ▼
Steamfitters Local #449 Pension Plan grew at a solid clip - up 12.8% during 2023, from $387M to $436M. Reported net income was $49M.
How have Board of Trustees Steamfitters Local #449 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Steamfitters Local #449 Pension Fund's sponsor-wide assets grew 23.9%, from $387M to $479M.
Where does Steamfitters Local #449 Pension Plan rank by assets among Form 5500 filers? ▼
Steamfitters Local #449 Pension Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Steamfitters Local #449 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 68 Engineers Union Pension Plan in NJ ($436M, 2,310 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Steamfitters Local #449 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is I. B. E. W. Local 25 Pension Fund in NY (1,656 participants, $299M in assets).

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 256032401.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.