Defined Benefit (Pension) · DOL Form 5500 · 2023

Plumbers and Steamfitters 486 Pension Fund Board of Trustees Pension Plan

Data updated 2026-08-25

$350M
Total assets Above avg plan size
1,522
Participants Near avg headcount
97th
Percentile by assets National rank
$229,950
Avg per participant Above avg balance/head
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Official DOL plan name: Plumbers and Steamfitters Local 486 Pension Fund · Sponsored by Plumbers and Steamfitters 486 Pension Fund Board of Trustees · Maryland · Construction

$350M in assets, 1,522 participants

Plumbers and Steamfitters 486 Pension Fund Board of Trustees's Plumbers and Steamfitters Local 486 Pension Fund reported $350M in total assets and 1,522 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.

  • #8,668 in Construction (9,030 peers)

Where Plumbers and Steamfitters Local 486 Pension Fund sits by assets

Plumbers and Steamfitters Local 486 Pension Fund sits in the top 5% of all filed plans by assets, $350M for 1,522 participants (~$229,950/participant), up 6.4% in 2023.

#8,668
in Construction (9,030 peers)
+6.4%
assets growth YoY
3.5×
vs typical plan assets (national mean)

Plumbers and Steamfitters Local 486 Pension Fund's outsized position by total assets

Plumbers and Steamfitters Local 486 Pension Fund vs every filed plan by assets

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

$349,984,582 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

Plumbers and Steamfitters Local 486 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 and Steamfitters Local 486 Pension Fund lands in the large band (1,522 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plumbers and Steamfitters Local 486 Pension Fund reported net income rose from -$34M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Plumbers and Steamfitters Local 486 Pension Fund end-of-year assets rose from $329M in the plan year 2022 filing to $350M in the plan year 2023 filing.
  • Plumbers and Steamfitters Local 486 Pension Fund reported participants rose from 1,456 in the plan year 2022 filing to 1,522 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 526124449 · Plumbers and Steamfitters 486 Pension Fund Board of Trustees PY 2023 · Defined Benefit (Pension)

Plumbers and Steamfitters Local 486 Pension Fund · $350M · 1,522 · 97th

  • VS-ST $350M
  • VS-ST 1,522
  • VS-ST 97th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Northwestern Energy Mt Pension Plan
  • VS-ST ind #8668

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 Maryland →

Plumbers and Steamfitters Local 486 Pension Fund in the asset neighbourhood

Chicago Area Ib of T Pension Trust FundChicago Area Ib of T Pension…$351MNorthwestern Energy Mt Pension PlanNorthwestern Energy Mt Pensi…$350MPlumbers and Steamfitters Local 486 Pension FundPlumbers and Steamfitters Lo…$350MRetirement Plan of American Fidelity GroupRetirement Plan of American …$349MThe Adjustable Plan of the Unite Here RetirementThe Adjustable Plan of the U…$349M
End-of-year total assets ($M) among Plumbers and Steamfitters Local 486 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$329M
Net Assets (End of Year)$350M
Net Income$21M
Employer EIN526124449
Plan Effective Date1962-07-10
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers and Steamfitters 486 Pension Fund Board of Trustees)

Sponsor-wide plan assets over time

All Plumbers and Steamfitters 486 Pension Fund Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$382M 16.287963863475102% vs 2022
2024 filing year
$320M$340M$360M$380M$400M 202220232024 $329M $382M ▲ +16.3%
Year Plans Participants Total Assets
2022 1 1,456 $329M
2023 1 1,522 $350M
2024 1 1,499 $382M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Plumbers and Steamfitters Local 486 Pension Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Plumbers and Steamfitters Local 486 Pension Fund, Total assets ($B): 0.349984582 · Participants: 1522Plumbers and Steamfitters Local 486 Pension FundNational Electrical Benefit Fund, Total assets ($B): 18.88881693 · Participants: 323315National Electrical Benefit FundLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.434547593 · Participants: 19673Lockheed Martin Corporation Salaried Employee Retirement ProgramMajor League Baseball Players Pension Plan, Total assets ($B): 4.648661647 · Participants: 1087Major League Baseball Players Pension PlanNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.493297428 · Participants: 15047National Automatic Sprinkler Industry Pension FundInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 4.223547088 · Participants: 44973International Painters and Allied Trades Industry Pension Plan
Plumbers and Steamfitters Local 486 Pension Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Plumbers and Steamfitters Local 486 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Northwestern Energy Mt Pension Plan in MT ($350M); by covered participants it is General Dynamics Retirement Plan (Bath Iron Works) in VA (1,521 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($350M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,522 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 Plumbers and Steamfitters Local 486 Pension Fund assets move in 2023? ▼
Plumbers and Steamfitters Local 486 Pension Fund grew at a solid clip - up 6.4% during 2023, from $329M to $350M. Reported net income was $21M.
How have Plumbers and Steamfitters 486 Pension Fund Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Plumbers and Steamfitters 486 Pension Fund Board of Trustees's sponsor-wide assets grew 16.3%, from $329M to $382M.
Where does Plumbers and Steamfitters Local 486 Pension Fund rank by assets among Form 5500 filers? ▼
Plumbers and Steamfitters Local 486 Pension Fund 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 Plumbers and Steamfitters Local 486 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Northwestern Energy Mt Pension Plan in MT ($350M, 387 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Plumbers and Steamfitters Local 486 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is General Dynamics Retirement Plan (Bath Iron Works) in VA (1,521 participants, $500M in assets).