Defined Benefit (Pension) · DOL Form 5500 · 2023

Plumbers and Steamfitters 486 Pension Fund Board of Trustees Pension Plan

Data updated 2026-08-11

$350M
Total assets: 1,522
Participants: 97th
Percentile by assets: $229,950
Avg per participant

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.

97th percentile by assets (of 127,072 plans)
#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.

$350M
total plan assets (2023 EOY): 1,522
covered participants: 97th
percentile by assets (of 127,072 plans): $229,950
avg assets per participant

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 →

State

Maryland

Industry

Construction

Plumbers and Steamfitters Local 486 Pension Fund vs the 2023 asset distribution

By assets, Plumbers and Steamfitters Local 486 Pension Fund outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$329M
Net Assets (End of Year)	$350M
Net Income	$21M
Employer EIN	526124449
Plan Effective Date	1962-07-10
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Plumbers and Steamfitters 486 Pension Fund Board of Trustees plans on file

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

National Electrical Benefit Fund $18.9B · 323,315
Lockheed Martin Corporation Salaried Employee Retirement Program $18.4B · 19,673
Major League Baseball Players Pension Plan $4.6B · 1,087
National Automatic Sprinkler Industry Pension Fund $4.5B · 15,047
International Painters and Allied Trades Industry Pension Plan $4.2B · 44,973

Compare Plumbers and Steamfitters Local 486 Pens… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Plumbers and Steamfitters Local 486 Pension Fund by total assets, not by location.

Northwestern Energy Mt Pension Plan (MT) $350M · 387
Retirement Plan of American Fidelity Group (OK) $349M · 1,638
The Adjustable Plan of the Unite Here Retirement (NY) $349M · 42,309
Chicago Area Ib of T Pension Trust Fund (IL) $351M · 412

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).

Next read for Plumbers and Steamfitters Local 486 Pens…

Scale reading

Ways to act on Plumbers and Steamfitters Local 486 Pension Fund's numbers.

By total assets, Plumbers and Steamfitters Local 486 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Maryland. Compare plans
Plumbers and Steamfitters 486 Pension Fund Board of Trustees's sponsor-wide assets have grown 16.3% since 2022 across 3 plan years on file. More Construction plans

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 526124449.