Money Purchase · DOL Form 5500 · 2023

United Association of Journeyman & Apprentice Pipefitters Local 524 Money Purchase Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
384
Participants Below avg headcount
85th
Percentile by assets National rank
$125,921
Avg per participant Near avg balance/head
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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.

  • #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.

#7,502
in Construction (9,030 peers)
+10.9%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan's outsized position 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

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

Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan 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. Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan sits mid-pack in the medium band (384 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 231992413 · United Association of Journeyman & Apprentice Pipefitters Local 524 PY 2023 · Money Purchase

Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan · $48M · 384 · 85th

  • 5500 $48M
  • 5500 384
  • 5500 85th
  • 5500 Money Purchase
  • 5500 near Cement Masons' Local 502 and Plasterers' Area 5 an
  • 5500 ind #7502

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 Pennsylvania →

Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan in the asset neighbourhood

Dialysis Clinic, Inc. Retirement PlanDialysis Clinic, Inc. Retire…$49MCement Masons' Local 502 and Plasterers' Area 5 anCement Masons' Local 502 and…$48MPipefitters and Plumbers Local No. 524 Pension and Annuity PlanPipefitters and Plumbers Loc…$48MMid-South Regional Council Local 318 MoneyMid-South Regional Council L…$48MUnion Roofers Supplemental Annuity Trust FundUnion Roofers Supplemental A…$48M
End-of-year total assets ($M) among Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$48M
Net Income$5M
Employer EIN231992413
Plan Effective Date1973-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Association of Journeyman & Apprentice Pipefitters Local 524)

Sponsor-wide plan assets over time

All United Association of Journeyman & Apprentice Pipefitters Local 524 plans reported in each filing year

Latest sponsor-wide plan assets
$54M 23.082860757701056% vs 2022
2024 filing year
$40M$45M$50M$55M 202220232024 $43.6M $53.7M ▲ +23.1%
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 Scatter plot of 6 data points. 01000200030004000 02004006008001000 Total assets ($M) Participants Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan, Total assets ($M): 48.353613 · Participants: 384Pipefitters and Plumbers Local No. 524 Pension and Annuity PlanCentral Pennsylvania Teamsters Retirement Income Plan 1987, Total assets ($M): 877.450231 · Participants: 3684Central Pennsylvania Teamsters Retirement Income Plan 1987Duane Morris Retirement Plan, Total assets ($M): 321.029187 · Participants: 478Duane Morris Retirement PlanIBEW Local Union 375 Electricians' Retirement Plan, Total assets ($M): 170.013061 · Participants: 658IBEW Local Union 375 Electricians' Retirement PlanMilton Hershey School Money Purchase Pension Plan, Total assets ($M): 161.591269 · Participants: 1331Milton Hershey School Money Purchase Pension PlanRetirement Plan for Faculty, Administrative and Professional Employees of University of Scranton, Total assets ($M): 145.172051 · Participants: 632Retirement Plan for Faculty, Administrative and Professional Employees of University of Scranton
Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants

Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan's out-of-state Money Purchase peers by assets and headcount

Outside Pennsylvania, the nearest Money Purchase by assets is Cement Masons' Local 502 and Plasterers' Area 5 an in IL ($48M); by covered participants it is Hawaii Tapers' Annuity Plan in HI (386 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (384 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 Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan assets move in 2023? ▼
Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan grew at a solid clip - up 10.9% during 2023, from $44M to $48M. Reported net income was $5M.
How have United Association of Journeyman & Apprentice Pipefitters Local 524 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), United Association of Journeyman & Apprentice Pipefitters Local 524's sponsor-wide assets grew 23.1%, from $44M to $54M.
Where does Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan rank by assets among Form 5500 filers? ▼
Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan ranks in the 85th 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 Money Purchase plans are similar in size to Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan? ▼
Among Money Purchase plans in other states, the closest by assets is Cement Masons' Local 502 and Plasterers' Area 5 an in IL ($48M, 2,127 participants).
Which Money Purchase plans cover a similar participant headcount to Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Hawaii Tapers' Annuity Plan in HI (386 participants, $50M in assets).