Defined Benefit (Pension) · DOL Form 5500 · 2023

Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees Pension Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
116
Participants Small participant base
78th
Percentile by assets National rank
$233,407
Avg per participant Above avg balance/head
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Official DOL plan name: Retirement Plan of the Plumbers & Steamfitters Local No 489 · Sponsored by Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees · Maryland · Construction

$27M in assets, 116 participants

Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees's Retirement Plan of the Plumbers & Steamfitters Local No 489 reported $27M in total assets and 116 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #6,884 in Construction (9,030 peers)

Coverage in Maryland

Retirement Plan of the Plumbers & Steamfitters Local No 489 covers 116 participants in Maryland, about 12% of the average Maryland filer (state average ~929 per filing). Assets: $27M.

#6,884
in Construction (9,030 peers)
+10.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Retirement Plan of the Plumbers & Steamfitters Local No 489's outsized position by total assets

Retirement Plan of the Plumbers & Steamfitters Local No 489 vs every filed plan by assets

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

$27,075,256 Top 22% higher than 78% 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

Retirement Plan of the Plumbers & Steamfitters Local No 489 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. Retirement Plan of the Plumbers & Steamfitters Local No 489 sits mid-pack in the medium band (116 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Plan of the Plumbers & Steamfitters Local No 489 reported net income rose from -$43K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Retirement Plan of the Plumbers & Steamfitters Local No 489 end-of-year assets rose from $24M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Retirement Plan of the Plumbers & Steamfitters Local No 489 reported participants fell from 126 in the plan year 2022 filing to 116 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 520580681 · Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees PY 2023 · Defined Benefit (Pension)

Retirement Plan of the Plumbers & Steamfitters Local No 489 · $27M · 116 · 78th

  • IND $27M
  • EOY 116
  • 5500 78th
  • ASSETS Defined Benefit (Pension)
  • PCT near Smithville Telephone Company, Inc. Pension Plan
  • EIN ind #6884

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 Maryland →

Retirement Plan of the Plumbers & Steamfitters Local No 489 in the asset neighbourhood

Ab Mauri Food Inc. Retirement PlanAb Mauri Food Inc. Retiremen…$27MRetirement Plan of the Plumbers & Steamfitters Local No 489Retirement Plan of the Plumb…$27MSmithville Telephone Company, Inc. Pension PlanSmithville Telephone Company…$27MRetirement Plan of the Millmen's Retirement Trust of WashingtonRetirement Plan of the Millm…$27MThe Pittsburgh Symphony, Inc. Pension Plan for MusiciansThe Pittsburgh Symphony, Inc…$27M
End-of-year total assets ($M) among Retirement Plan of the Plumbers & Steamfitters Local No 489 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$27M
Net Income$3M
Employer EIN520580681
Plan Effective Date1967-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees)

Sponsor-wide plan assets over time

All Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$28M 14.039402796680378% vs 2022
2024 filing year
$24M$26M$28M$30M 202220232024 $24.4M $27.9M ▲ +14.0%
Year Plans Participants Total Assets
2022 1 126 $24M
2023 1 116 $27M
2024 1 115 $28M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Retirement Plan of the Plumbers & Steamfitters Local No 489 vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Retirement Plan of the Plumbers & Steamfitters Local No 489, Total assets ($B): 0.027075256 · Participants: 116Retirement Plan of the Plumbers & Steamfitters Local No 489National Electrical Benefit Fund, Total assets ($B): 18.88881693 · Participants: 323315National Electrical Benefit FundLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.434547593 · Participants: 19673Lockheed Martin Corporation Salaried Employee Retirement ProgramMajor League Baseball Players Pension Plan, Total assets ($B): 4.648661647 · Participants: 1087Major League Baseball Players Pension PlanNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.493297428 · Participants: 15047National Automatic Sprinkler Industry Pension FundInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 4.223547088 · Participants: 44973International Painters and Allied Trades Industry Pension Plan
Retirement Plan of the Plumbers & Steamfitters Local No 489 vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Retirement Plan of the Plumbers & Steamfitters Local No 489's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Smithville Telephone Company, Inc. Pension Plan in IN ($27M); by covered participants it is Complete Care Community Health Center, Inc. Pension Plan in CA (116 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (116 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 Retirement Plan of the Plumbers & Steamfitters Local No 489 assets move in 2023?
Retirement Plan of the Plumbers & Steamfitters Local No 489 grew at a solid clip - up 10.8% during 2023, from $24M to $27M. Reported net income was $3M.
How have Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees's sponsor-wide assets grew 14.0%, from $24M to $28M.
Where does Retirement Plan of the Plumbers & Steamfitters Local No 489 rank by assets among Form 5500 filers?
Retirement Plan of the Plumbers & Steamfitters Local No 489 ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan of the Plumbers & Steamfitters Local No 489?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Smithville Telephone Company, Inc. Pension Plan in IN ($27M, 85 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan of the Plumbers & Steamfitters Local No 489?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Complete Care Community Health Center, Inc. Pension Plan in CA (116 participants, $3M in assets).