Money Purchase · DOL Form 5500 · 2023
United Association of Journeyman & Apprentice Pipefitters Local 524 Money Purchase Plan
Data updated 2026-08-11
- $48M
- Total assets
- 384
- Participants
- 85th
- Percentile by assets
- $125,921
- Avg per participant
Official DOL plan name: Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan · Sponsored by United Association of Journeyman & Apprentice Pipefitters Local 524 · Pennsylvania · Construction
$48M in assets, 384 participants
United Association of Journeyman & Apprentice Pipefitters Local 524's Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan reported $48M in total assets and 384 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.
- 85th percentile by assets (of 127,072 plans)
- #7,502 in Construction (9,030 peers)
Coverage in Pennsylvania
Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan covers 384 participants in Pennsylvania, about 47% of the average Pennsylvania filer (state average ~822 per filing). Assets: $48M.
- $48M
- total plan assets (2023 EOY)
- 384
- covered participants
- 85th
- percentile by assets (of 127,072 plans)
- $125,921
- avg assets per participant
Where Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan sits by total assets
Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$48,353,613 Top 15% higher than 85% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan end-of-year assets rose from $44M in the plan year 2022 filing to $48M in the plan year 2023 filing.
- Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan reported participants rose from 357 in the plan year 2022 filing to 384 in the plan year 2023 filing.
- Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan reported net income fell from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan reports 384 participants - about 47% of that state average ($48M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $44M |
|---|---|
| Net Assets (End of Year) | $48M |
| Net Income | $5M |
| Employer EIN | 231992413 |
| Plan Effective Date | 1973-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (United Association of Journeyman & Apprentice Pipefitters Local 524)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 357 | $44M |
| 2023 | 1 | 384 | $48M |
| 2024 | 1 | 307 | $54M |
Nearby Money Purchase Plans in Pennsylvania
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants
- Central Pennsylvania Teamsters Retirement Income Plan 1987 $877M · 3,684
- Duane Morris Retirement Plan $321M · 478
- IBEW Local Union 375 Electricians' Retirement Plan $170M · 658
- Milton Hershey School Money Purchase Pension Plan $162M · 1,331
- Retirement Plan for Faculty, Administrative and Professional Employees of University of Scranton $145M · 632
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan by total assets, not by location.
- Cement Masons' Local 502 and Plasterers' Area 5 an (IL) $48M · 2,127
- Mid-South Regional Council Local 318 Money (TN) $48M · 554
- Dialysis Clinic, Inc. Retirement Plan (TN) $49M · 989
- Union Roofers Supplemental Annuity Trust Fund (CA) $48M · 5,358
Frequently Asked Questions
How did Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan assets move in 2023? ▼
How have United Association of Journeyman & Apprentice Pipefitters Local 524 plan assets changed over time? ▼
Where does Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan? ▼
Next read for Pipefitters and Plumbers Local No. 524 P…
Filing takeaways
Ways to act on Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan's numbers.
- By total assets, Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Pennsylvania. Compare plans
- United Association of Journeyman & Apprentice Pipefitters Local 524's sponsor-wide assets have grown 23.1% since 2022 across 3 plan years on file. More Construction plans