Defined Benefit (Pension) · DOL Form 5500 · 2023
Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392 Pension Plan
Data updated 2026-08-11
- $353M
- Total assets
- 1,526
- Participants
- 97th
- Percentile by assets
- $231,219
- Avg per participant
Official DOL plan name: Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan · Sponsored by Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392 · Ohio · Construction
$353M in assets, 1,526 participants
Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392's Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan reported $353M in total assets and 1,526 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)
- #8,671 in Construction (9,030 peers)
Where Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan sits by assets
Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan sits in the top 5% of all filed plans by assets, $353M for 1,526 participants (~$231,219/participant), up 12.1% in 2023.
- $353M
- total plan assets (2023 EOY)
- 1,526
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $231,219
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan reported net income rose from -$5M in the plan year 2022 filing to $38M in the plan year 2023 filing.
- Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan end-of-year assets rose from $315M in the plan year 2022 filing to $353M in the plan year 2023 filing.
- Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan reported participants rose from 1,486 in the plan year 2022 filing to 1,526 in the plan year 2023 filing.
Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan vs the 2023 asset distribution
By assets, Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan 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) | $315M |
|---|---|
| Net Assets (End of Year) | $353M |
| Net Income | $38M |
| Employer EIN | 310655223 |
| Plan Effective Date | 1961-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,486 | $315M |
| 2023 | 1 | 1,526 | $353M |
| 2024 | 1 | 1,545 | $381M |
Nearby Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
- Firstenergy Corp. Master Pension Plan $7.1B · 12,304
- Nationwide Retirement Plan $5.3B · 22,311
- American Electric Power System Retirement Plan $4.5B · 15,595
- Parker Defined Benefit Plan $3.7B · 191
- Ohio Operating Engineers Pension Plan $3.6B · 10,029
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan by total assets, not by location.
- Upstate New York Engineers Pension Fund (NY) $353M · 1,942
- Local Union No. 124 I. B. E. W. Pension Trust Fund (MO) $353M · 2,078
- Sullivan & Cromwell LLP Group Defined Benefit Plan for Partners (NY) $352M · 181
- Houston Pilots Retirement Plan and Trust (TX) $354M · 129
Frequently Asked Questions
How did Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan assets move in 2023? ▼
How have Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392 plan assets changed over time? ▼
Where does Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan? ▼
Next read for Plumbers Pipe Fitters & Mechanical Equip…
Scale reading
Ways to act on Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan's numbers.
- By total assets, Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan 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 Ohio. Compare plans
- Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392's sponsor-wide assets have grown 21.0% since 2022 across 3 plan years on file. More Construction plans