Defined Benefit (Pension) · DOL Form 5500 · 2023

Pipe Fitters Local Union 120 Pens. Fund Pension Plan

Data updated 2026-08-25

$207M
Total assets Near avg plan size
671
Participants Below avg headcount
95th
Percentile by assets National rank
$309,235
Avg per participant High balance/head
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Official DOL plan name: Pipe Fitters Local Union No. 120 Pension Plan · Sponsored by Pipe Fitters Local Union 120 Pens. Fund · Ohio · Finance & Insurance

$207M in assets, 671 participants

Pipe Fitters Local Union 120 Pens. Fund's Pipe Fitters Local Union No. 120 Pension Plan reported $207M in total assets and 671 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,139 in Finance & Insurance (8,869 peers)

Where Pipe Fitters Local Union No. 120 Pension Plan sits by assets

Pipe Fitters Local Union No. 120 Pension Plan sits in the top 5% of all filed plans by assets, $207M for 671 participants (~$309,235/participant), up 6.7% in 2023.

#8,139
in Finance & Insurance (8,869 peers)
+6.7%
assets growth YoY
2.1×
vs typical plan assets (national mean)

Pipe Fitters Local Union No. 120 Pension Plan's outsized position by total assets

Pipe Fitters Local Union No. 120 Pension Plan vs every filed plan by assets

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

$207,496,869 Top 5% higher than 95% 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

Pipe Fitters Local Union No. 120 Pension Plan 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. Pipe Fitters Local Union No. 120 Pension Plan sits mid-pack in the medium band (671 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pipe Fitters Local Union No. 120 Pension Plan reported net income rose from -$37M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Pipe Fitters Local Union No. 120 Pension Plan end-of-year assets rose from $195M in the plan year 2022 filing to $207M in the plan year 2023 filing.
  • Pipe Fitters Local Union No. 120 Pension Plan reported participants rose from 653 in the plan year 2022 filing to 671 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 346711591 · Pipe Fitters Local Union 120 Pens. Fund PY 2023 · Defined Benefit (Pension)

Pipe Fitters Local Union No. 120 Pension Plan · $207M · 671 · 95th

  • SCH $207M
  • SCH 671
  • SCH 95th
  • SCH Defined Benefit (Pension)
  • SCH near Dynegy Pension Plan
  • SCH ind #8139

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 Finance & Insurance retirement plans → · Plans in Ohio →

Pipe Fitters Local Union No. 120 Pension Plan in the asset neighbourhood

Dynegy Pension Plan$208MPipe Fitters Local Union No. 120 Pension PlanPipe Fitters Local Union No.…$207MPenn Mutual Retirement Plan$207MIronworkers Local 549-550 Pension PlanIronworkers Local 549-550 Pe…$207MConsumers Credit Union Defined Benefit Plan and TrustConsumers Credit Union Defin…$207M
End-of-year total assets ($M) among Pipe Fitters Local Union No. 120 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$195M
Net Assets (End of Year)$207M
Net Income$13M
Employer EIN346711591
Plan Effective Date1958-07-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Pipe Fitters Local Union 120 Pens. Fund)

Sponsor-wide plan assets over time

All Pipe Fitters Local Union 120 Pens. Fund plans reported in each filing year

Latest sponsor-wide plan assets
$222M 13.905381172736767% vs 2022
2024 filing year
$190M$200M$210M$220M$230M 202220232024 $195M $222M ▲ +13.9%
Year Plans Participants Total Assets
2022 1 653 $195M
2023 1 671 $207M
2024 1 733 $222M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Pipe Fitters Local Union No. 120 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Pipe Fitters Local Union No. 120 Pension Plan, Total assets ($B): 0.207496869 · Participants: 671Pipe Fitters Local Union No. 120 Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
Pipe Fitters Local Union No. 120 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Pipe Fitters Local Union No. 120 Pension Plan side-by-side with 3 peers →

Pipe Fitters Local Union No. 120 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Dynegy Pension Plan in TX ($208M); by covered participants it is West Mi Plumbers Fitters & Service Trades Local Union No 174 Pension Plan in MI (671 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($207M here).

Similar participant headcount

Nearest other-state filings by covered participants (671 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 Pipe Fitters Local Union No. 120 Pension Plan assets move in 2023? ▼
Pipe Fitters Local Union No. 120 Pension Plan grew at a solid clip - up 6.7% during 2023, from $195M to $207M. Reported net income was $13M.
How have Pipe Fitters Local Union 120 Pens. Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pipe Fitters Local Union 120 Pens. Fund's sponsor-wide assets grew 13.9%, from $195M to $222M.
Where does Pipe Fitters Local Union No. 120 Pension Plan rank by assets among Form 5500 filers? ▼
Pipe Fitters Local Union No. 120 Pension Plan ranks in the 95th 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 Pipe Fitters Local Union No. 120 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Dynegy Pension Plan in TX ($208M, 967 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pipe Fitters Local Union No. 120 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is West Mi Plumbers Fitters & Service Trades Local Union No 174 Pension Plan in MI (671 participants, $244M 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 346711591.

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.