Defined Benefit (Pension) · DOL Form 5500 · 2023

Plumbers & Steamfitters Local 137 Pension Fund Board of Trustees Pension Plan

Data updated 2026-08-25

$147M
Total assets Near avg plan size
399
Participants Below avg headcount
93rd
Percentile by assets National rank
$368,691
Avg per participant High balance/head
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Official DOL plan name: Plumbers & Steamfitters Local # 137 Pension Fund · Sponsored by Plumbers & Steamfitters Local 137 Pension Fund Board of Trustees · Illinois · Construction

$147M in assets, 399 participants

Plumbers & Steamfitters Local 137 Pension Fund Board of Trustees's Plumbers & Steamfitters Local # 137 Pension Fund reported $147M in total assets and 399 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.

  • #8,305 in Construction (9,030 peers)

Where Plumbers & Steamfitters Local # 137 Pension Fund sits by assets

Plumbers & Steamfitters Local # 137 Pension Fund sits in the top 10% of all filed plans by assets, $147M for 399 participants (~$368,691/participant), up 8.8% in 2023.

#8,305
in Construction (9,030 peers)
+8.8%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Plumbers & Steamfitters Local # 137 Pension Fund's outsized position by total assets

Plumbers & Steamfitters Local # 137 Pension Fund vs every filed plan by assets

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

$147,107,623 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 & Steamfitters Local # 137 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 & Steamfitters Local # 137 Pension Fund sits mid-pack in the medium band (399 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plumbers & Steamfitters Local # 137 Pension Fund reported net income rose from -$16M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Plumbers & Steamfitters Local # 137 Pension Fund reported participants rose from 352 in the plan year 2022 filing to 399 in the plan year 2023 filing.
  • Plumbers & Steamfitters Local # 137 Pension Fund end-of-year assets rose from $135M in the plan year 2022 filing to $147M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 366136791 · Plumbers & Steamfitters Local 137 Pension Fund Board of Trustees PY 2023 · Defined Benefit (Pension)

Plumbers & Steamfitters Local # 137 Pension Fund · $147M · 399 · 93rd

  • NET $147M
  • NET 399
  • NET 93rd
  • NET Defined Benefit (Pension)
  • NET near Ledvance LLC Pension Plan
  • NET ind #8305

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 & Steamfitters Local # 137 Pension Fund in the asset neighbourhood

Noble Services Company LLC Salaried Employees' Retirement PlanNoble Services Company LLC S…$147MPlumbers & Steamfitters Local # 137 Pension FundPlumbers & Steamfitters Loca…$147MLedvance LLC Pension Plan$147MReed Smith LLP Cash Balance Retirement PlanReed Smith LLP Cash Balance …$147MStandex International Corporation Pension PlansStandex International Corpor…$147M
End-of-year total assets ($M) among Plumbers & Steamfitters Local # 137 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)$135M
Net Assets (End of Year)$147M
Net Income$12M
Employer EIN366136791
Plan Effective Date1965-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers & Steamfitters Local 137 Pension Fund Board of Trustees)

Sponsor-wide plan assets over time

All Plumbers & Steamfitters Local 137 Pension Fund Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$150M 10.90526393706085% vs 2022
2024 filing year
$130M$135M$140M$145M$150M$155M 202220232024 $135M $150M ▲ +10.9%
Year Plans Participants Total Assets
2022 1 352 $135M
2023 1 399 $147M
2024 1 421 $150M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Plumbers & Steamfitters Local # 137 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants Plumbers & Steamfitters Local # 137 Pension Fund, Total assets ($B): 0.147107623 · Participants: 399Plumbers & Steamfitters Local # 137 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 & Steamfitters Local # 137 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Plumbers & Steamfitters Local # 137 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Ledvance LLC Pension Plan in MA ($147M); by covered participants it is Hillside Family of Agencies Pension Plan in NY (399 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (399 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 & Steamfitters Local # 137 Pension Fund assets move in 2023?
Plumbers & Steamfitters Local # 137 Pension Fund grew at a solid clip - up 8.8% during 2023, from $135M to $147M. Reported net income was $12M.
How have Plumbers & Steamfitters Local 137 Pension Fund Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers & Steamfitters Local 137 Pension Fund Board of Trustees's sponsor-wide assets grew 10.9%, from $135M to $150M.
Where does Plumbers & Steamfitters Local # 137 Pension Fund rank by assets among Form 5500 filers?
Plumbers & Steamfitters Local # 137 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 & Steamfitters Local # 137 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ledvance LLC Pension Plan in MA ($147M, 139 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Plumbers & Steamfitters Local # 137 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hillside Family of Agencies Pension Plan in NY (399 participants, $24M in assets).