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
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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.

See the national 2022→2023 release diff →

State
Industry

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 EIN310655223
Plan Effective Date1961-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392)

$300M$320M$340M$360M$380M$400M 202220232024 $315M $381M ▲ +21.0%
Total plan assets by year, all Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392 plans on file
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

Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 02468 Total assets ($B) Participants Plumbers Pipe Fitter…Firstenergy Corp. Ma…Nationwide Retiremen…American Electric Po…Parker Defined Benef…Ohio Operating Engin…
Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

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.

Frequently Asked Questions

How did Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan assets move in 2023?
Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan grew at a solid clip - up 12.1% during 2023, from $315M to $353M. Reported net income was $38M.
How have Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392 plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392's sponsor-wide assets grew 21.0%, from $315M to $381M.
Where does Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan rank by assets among Form 5500 filers?
Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan 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 Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Upstate New York Engineers Pension Fund in NY ($353M, 1,942 participants).

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