Defined Benefit (Pension) · DOL Form 5500 · 2023

Joint Board of Trustees Plumbers Union Local 55 Pension Plan Pension Plan

Data updated 2026-08-06

$102M
Total assets
459
Participants
91st
Percentile by assets
$222,965
Avg per participant
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Official DOL plan name: Plumbers Union Local No. 55 Pension Plan · Sponsored by Joint Board of Trustees Plumbers Union Local 55 Pension Plan · Ohio · Other Services

$102M in assets, 459 participants

Joint Board of Trustees Plumbers Union Local 55 Pension Plan's Plumbers Union Local No. 55 Pension Plan reported $102M in total assets and 459 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 126,618 plans)
  • #7,585 in Other Services (7,825 peers)

Where Plumbers Union Local No. 55 Pension Plan sits by assets

Plumbers Union Local No. 55 Pension Plan sits in the top 10% of all filed plans by assets, $102M for 459 participants (~$222,965/participant), up 3.1% in 2023.

$102M
total plan assets (2023 EOY)
459
covered participants
91st
percentile by assets (of 126,618 plans)
$222,965
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plumbers Union Local No. 55 Pension Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Plumbers Union Local No. 55 Pension Plan reported participants rose from 426 in the plan year 2022 filing to 459 in the plan year 2023 filing.
  • Plumbers Union Local No. 55 Pension Plan end-of-year assets rose from $99M in the plan year 2022 filing to $102M in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Plumbers Union Local No. 55 Pension Plan vs the 2023 asset distribution

By assets, Plumbers Union Local No. 55 Pension Plan outranks 91% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$99M
Net Assets (End of Year)$102M
Net Income$3M
Employer EIN346514703
Plan Effective Date1960-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees Plumbers Union Local 55 Pension Plan)

$-50M$0M$50M$100M$150M 202220232024 $99.3M $0M ▼ -100.0%
Total plan assets by year, all Joint Board of Trustees Plumbers Union Local 55 Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 426 $99M
2023 1 459 $102M
2024 1 472 N/A

Nearby Defined Benefit (Pension) Plans in Ohio

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

Plumbers Union Local No. 55 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Plumbers Union Local No. 55 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Plumbers Union Local…Firstenergy Corp. Ma…Nationwide Retiremen…American Electric Po…Parker Defined Benef…Ohio Operating Engin…
Plumbers Union Local No. 55 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 Union Local No. 55 Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers Union Local No. 55 Pension Plan assets move in 2023?
Plumbers Union Local No. 55 Pension Plan edged up modestly - up 3.1% during 2023, from $99M to $102M. Reported net income was $3M.
Where does Plumbers Union Local No. 55 Pension Plan rank by assets among Form 5500 filers?
Plumbers Union Local No. 55 Pension Plan ranks in the 91st percentile by end-of-year assets among 126,618 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 Union Local No. 55 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Upstate New York Bakery Drivers and Industry Pension Fund in NY ($102M, 563 participants).

Next read for Plumbers Union Local No. 55 Pension Plan

Scale reading

Ways to act on Plumbers Union Local No. 55 Pension Plan's numbers.

  • By total assets, Plumbers Union Local No. 55 Pension Plan ranks in the top 10% 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