Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Twin City Pipe Trades Pension Trust Pension Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
4,658
Participants Above avg headcount
99th
Percentile by assets National rank
$311,912
Avg per participant High balance/head
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Official DOL plan name: Pipe Trades Services Mn Pension Plan · Sponsored by Board of Trustees of Twin City Pipe Trades Pension Trust · Minnesota · Construction

$1.5B in assets, 4,658 participants

Board of Trustees of Twin City Pipe Trades Pension Trust's Pipe Trades Services Mn Pension Plan reported $1.5B in total assets and 4,658 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,950 in Construction (9,030 peers)

Coverage in Minnesota

Pipe Trades Services Mn Pension Plan covers 4,658 participants in Minnesota, 4.1x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.5B.

#8,950
in Construction (9,030 peers)
+8.1%
assets growth YoY
15×
vs typical plan assets (national mean)

Pipe Trades Services Mn Pension Plan's outsized position by total assets

Pipe Trades Services Mn Pension Plan vs every filed plan by assets

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

$1,452,886,697 Top 1% higher than 99% 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

Pipe Trades Services Mn Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pipe Trades Services Mn Pension Plan lands in the large band (4,658 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pipe Trades Services Mn Pension Plan reported net income rose from $26M in the plan year 2022 filing to $109M in the plan year 2023 filing.
  • Pipe Trades Services Mn Pension Plan end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
  • Pipe Trades Services Mn Pension Plan reported participants rose from 4,609 in the plan year 2022 filing to 4,658 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 416131800 · Board of Trustees of Twin City Pipe Trades Pension Trust PY 2023 · Defined Benefit (Pension)

Pipe Trades Services Mn Pension Plan · $1.5B · 4,658 · 99th

  • IND $1.5B
  • EOY 4,658
  • 5500 99th
  • ASSETS Defined Benefit (Pension)
  • PCT near Laborers National Pension Fund
  • EIN ind #8950

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 Minnesota →

Pipe Trades Services Mn Pension Plan in the asset neighbourhood

Retirement Plan of Carilion ClinicRetirement Plan of Carilion …$1.5BPipe Trades Services Mn Pension PlanPipe Trades Services Mn Pens…$1.5BLaborers National Pension FundLaborers National Pension Fu…$1.5BXerox Corporation Retirement Income Guarantee PlanXerox Corporation Retirement…$1.5BHuntington Ingalls Industries Retirement Plan BHuntington Ingalls Industrie…$1.5B
End-of-year total assets ($B) among Pipe Trades Services Mn Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.5B
Net Income$109M
Employer EIN416131800
Plan Effective Date1960-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Twin City Pipe Trades Pension Trust)

Sponsor-wide plan assets over time

All Board of Trustees of Twin City Pipe Trades Pension Trust plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 17.339239103284516% vs 2022
2024 filing year
$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.34B $1.58B ▲ +17.9%
Year Plans Participants Total Assets
2022 1 4,609 $1.3B
2023 1 4,658 $1.5B
2024 1 4,759 $1.6B

Nearby Defined Benefit (Pension) Plans in Minnesota

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

Pipe Trades Services Mn Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Pipe Trades Services Mn Pension Plan, Total assets ($B): 1.452886697 · Participants: 4658Pipe Trades Services Mn Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Pipe Trades Services Mn Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Pipe Trades Services Mn Pension Plan side-by-side with 3 peers →

Pipe Trades Services Mn Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Laborers National Pension Fund in TX ($1.5B); by covered participants it is Northwest Sheet Metal Workers Pension Plan in OR (4,660 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,658 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 Pipe Trades Services Mn Pension Plan assets move in 2023? ▼
Pipe Trades Services Mn Pension Plan grew at a solid clip - up 8.1% during 2023, from $1.3B to $1.5B. Reported net income was $109M.
How have Board of Trustees of Twin City Pipe Trades Pension Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Twin City Pipe Trades Pension Trust's sponsor-wide assets grew 17.3%, from $1.3B to $1.6B.
Where does Pipe Trades Services Mn Pension Plan rank by assets among Form 5500 filers? ▼
Pipe Trades Services Mn Pension Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Pipe Trades Services Mn Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Laborers National Pension Fund in TX ($1.5B, 10,090 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pipe Trades Services Mn Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Northwest Sheet Metal Workers Pension Plan in OR (4,660 participants, $1.5B 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 416131800.

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.