Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Plumbers & Pipefitters Local 172 Pension Fund Pension Plan

Data updated 2026-08-25

$141M
Total assets Near avg plan size
476
Participants Below avg headcount
93rd
Percentile by assets National rank
$295,226
Avg per participant High balance/head
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Official DOL plan name: Plumbers & Pipefitters Local 172 Pension Fund · Sponsored by Trustees of Plumbers & Pipefitters Local 172 Pension Fund · Illinois · Construction

$141M in assets, 476 participants

Trustees of Plumbers & Pipefitters Local 172 Pension Fund's Plumbers & Pipefitters Local 172 Pension Fund reported $141M in total assets and 476 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,278 in Construction (9,030 peers)

Where Plumbers & Pipefitters Local 172 Pension Fund sits by assets

Plumbers & Pipefitters Local 172 Pension Fund sits in the top 10% of all filed plans by assets, $141M for 476 participants (~$295,226/participant), up 13.8% in 2023.

#8,278
in Construction (9,030 peers)
+13.8%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Plumbers & Pipefitters Local 172 Pension Fund's outsized position by total assets

Plumbers & Pipefitters Local 172 Pension Fund vs every filed plan by assets

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

$140,527,556 Top 7% higher than 93% 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 & Pipefitters Local 172 Pension Fund 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. Plumbers & Pipefitters Local 172 Pension Fund sits mid-pack in the medium band (476 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plumbers & Pipefitters Local 172 Pension Fund reported net income rose from -$11M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Plumbers & Pipefitters Local 172 Pension Fund end-of-year assets rose from $123M in the plan year 2022 filing to $141M in the plan year 2023 filing.
  • Plumbers & Pipefitters Local 172 Pension Fund reported participants rose from 443 in the plan year 2022 filing to 476 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 356212986 · Trustees of Plumbers & Pipefitters Local 172 Pension Fund PY 2023 · Defined Benefit (Pension)

Plumbers & Pipefitters Local 172 Pension Fund · $141M · 476 · 93rd

  • VS-ST $141M
  • BOY 476
  • SCH 93rd
  • EBSA Defined Benefit (Pension)
  • PART near Pension Plan of the Plumbers & Pipefitters Local Union No. 630 Pension - Annuity Trust Fund
  • TYPE ind #8278

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 →

Plumbers & Pipefitters Local 172 Pension Fund in the asset neighbourhood

Wakefern Pension Plan$141MCroda Inc. Retirement Plan$141MPlumbers & Pipefitters Local 172 Pension FundPlumbers & Pipefitters Local…$141MPension Plan of the Plumbers & Pipefitters Local Union No. 630 Pension - Annuity Trust FundPension Plan of the Plumbers…$141MMomentive Performance Materials Inc. Pension PlanMomentive Performance Materi…$140M
End-of-year total assets ($M) among Plumbers & Pipefitters Local 172 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)$123M
Net Assets (End of Year)$140M
Net Income$17M
Employer EIN356212986
Plan Effective Date1963-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Plumbers & Pipefitters Local 172 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of Plumbers & Pipefitters Local 172 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$156M 25.921979844475334% vs 2022
2024 filing year
$120M$130M$140M$150M$160M 202220232024 $124M $156M ▲ +25.9%
Year Plans Participants Total Assets
2022 1 443 $123M
2023 1 476 $141M
2024 1 495 $156M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Plumbers & Pipefitters Local 172 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Plumbers & Pipefitters Local 172 Pension Fund, Total assets ($B): 0.140527556 · Participants: 476Plumbers & Pipefitters Local 172 Pension FundCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
Plumbers & Pipefitters Local 172 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Plumbers & Pipefitters Local 172 Pension Fund side-by-side with 3 peers →

Plumbers & Pipefitters Local 172 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Pension Plan of the Plumbers & Pipefitters Local Union No. 630 Pension - Annuity Trust Fund in FL ($141M); by covered participants it is Sheet Metal Workers Local No.20 Gary Area Pension in MI (476 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (476 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 & Pipefitters Local 172 Pension Fund assets move in 2023? ▼
Plumbers & Pipefitters Local 172 Pension Fund grew at a solid clip - up 13.8% during 2023, from $123M to $141M. Reported net income was $17M.
How have Trustees of Plumbers & Pipefitters Local 172 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Plumbers & Pipefitters Local 172 Pension Fund's sponsor-wide assets grew 25.9%, from $123M to $156M.
Where does Plumbers & Pipefitters Local 172 Pension Fund rank by assets among Form 5500 filers? ▼
Plumbers & Pipefitters Local 172 Pension Fund ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Plumbers & Pipefitters Local 172 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan of the Plumbers & Pipefitters Local Union No. 630 Pension - Annuity Trust Fund in FL ($141M, 738 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Plumbers & Pipefitters Local 172 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sheet Metal Workers Local No.20 Gary Area Pension in MI (476 participants, $101M 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 356212986.

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.