Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund Pension Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets: 80
Participants Small participant base: 67th
Percentile by assets National rank: $184,545
Avg per participant Above avg balance/head

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Official DOL plan name: Plumbers & Pipefitters Local 653 Pension Fund · Sponsored by Trustees of the Plumbers and Pipefitters Local 653 Pension Fund · Illinois · Construction

$15M in assets, 80 participants

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund's Plumbers & Pipefitters Local 653 Pension Fund reported $15M in total assets and 80 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

#5,919 in Construction (9,030 peers)

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund multi-year trail

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund's plans moved +20.8% in assets from 2022 to 2024; this filing shows Plumbers & Pipefitters Local 653 Pension Fund at $15M / 80 participants.

#5,919
in Construction (9,030 peers): +7.9%
assets growth YoY

Plumbers & Pipefitters Local 653 Pension Fund's outsized position by total assets

Plumbers & Pipefitters Local 653 Pension Fund vs every filed plan by assets

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

$14,763,608 Top 33% higher than 67% 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 & Pipefitters Local 653 Pension Fund among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plumbers & Pipefitters Local 653 Pension Fund is a small filing (80 participants) on this national headcount ladder.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Plumbers & Pipefitters Local 653 Pension Fund reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
Plumbers & Pipefitters Local 653 Pension Fund end-of-year assets rose from $14M in the plan year 2022 filing to $15M in the plan year 2023 filing.
Plumbers & Pipefitters Local 653 Pension Fund reported participants fell from 85 in the plan year 2022 filing to 80 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 363378963 · Trustees of the Plumbers and Pipefitters Local 653 Pension Fund PY 2023 · Defined Benefit (Pension)

Plumbers & Pipefitters Local 653 Pension Fund · $15M · 80 · 67th

IND $15M
EOY 80
5500 67th
ASSETS Defined Benefit (Pension)
PCT near Kohler Credit Union Defined Benefit Plan and Trust
EIN ind #5919

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 Illinois →

End-of-year total assets ($M) among Plumbers & Pipefitters Local 653 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund multi-year asset trail

Latest sponsor-wide plan assets: $17M 20.798408970808474% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	85	$14M
2023	1	80	$15M
2024	1	82	$17M

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund filing trail (2023)

Total Assets (Beginning of Year)	$14M
Net Assets (End of Year)	$15M
Net Income	$1M
Employer EIN	363378963
Plan Effective Date	1965-09-01
Filing Status	FILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Illinois

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

Plumbers & Pipefitters Local 653 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
John Deere Pension Plan for Salaried Employees $8.0B · 16,346
Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382

Compare Plumbers & Pipefitters Local 653 Pension Fund side-by-side with 3 peers →

Plumbers & Pipefitters Local 653 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Kohler Credit Union Defined Benefit Plan and Trust in WI ($15M); by covered participants it is Bangor Hydro Electric Company Pension Plan in ME (80 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Kohler Credit Union Defined Benefit Plan and Trust (WI) $15M · 111
Allina Health Pension Plan for Collectively Bargained Employees (MN) $15M · 329
Cincinnati Stage Employees Local 5 Pension Plan (OH) $15M · 105
Pine Valley Golf Club, Inc. Retirement Plan (NJ) $15M · 103

Similar participant headcount

Nearest other-state filings by covered participants (80 participants); asset peers above are excluded.

Bangor Hydro Electric Company Pension Plan (ME) 80 · 0 off
Pension Plan for Certain Hourly Employees of Paulo Products Company and Affiliates (MO) 80 · 0 off
Machine & Welding Supply Company Employees' Retirement Plan (NC) 80 · 0 off
Rand-Whitney Retirement Plan for Members of Bargaining Units (MA) 80 · 0 off

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 Plumbers & Pipefitters Local 653 Pension Fund assets move in 2023? ▼

Plumbers & Pipefitters Local 653 Pension Fund grew at a solid clip - up 7.9% during 2023, from $14M to $15M. Reported net income was $1M.

How have Trustees of the Plumbers and Pipefitters Local 653 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of the Plumbers and Pipefitters Local 653 Pension Fund's sponsor-wide assets grew 20.8%, from $14M to $17M.

Which Defined Benefit (Pension) plans are similar in size to Plumbers & Pipefitters Local 653 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Kohler Credit Union Defined Benefit Plan and Trust in WI ($15M, 111 participants).

Which Defined Benefit (Pension) plans cover a similar participant headcount to Plumbers & Pipefitters Local 653 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bangor Hydro Electric Company Pension Plan in ME (80 participants, $124M 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 363378963.