Defined Benefit (Pension) · DOL Form 5500 · 2023

Bd Tees Plumbers Lu 690 Pen Fund Pension Plan

Data updated 2026-08-11

$265M
Total assets
732
Participants
96th
Percentile by assets
$362,409
Avg per participant
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Official DOL plan name: Plumbers Local Union No. 690 Pension Fund · Sponsored by Bd Tees Plumbers Lu 690 Pen Fund · Pennsylvania · Construction

$265M in assets, 732 participants

Bd Tees Plumbers Lu 690 Pen Fund's Plumbers Local Union No. 690 Pension Fund reported $265M in total assets and 732 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #8,574 in Construction (9,030 peers)

Where Plumbers Local Union No. 690 Pension Fund sits by assets

Plumbers Local Union No. 690 Pension Fund sits in the top 5% of all filed plans by assets, $265M for 732 participants (~$362,409/participant), up 7.2% in 2023.

$265M
total plan assets (2023 EOY)
732
covered participants
96th
percentile by assets (of 127,072 plans)
$362,409
avg assets per participant

Where Plumbers Local Union No. 690 Pension Fund sits by total assets

Plumbers Local Union No. 690 Pension Fund vs every filed plan by assets

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

$265,283,028 Top 4% higher than 96% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plumbers Local Union No. 690 Pension Fund end-of-year assets rose from $247M in the plan year 2022 filing to $265M in the plan year 2023 filing.
  • Plumbers Local Union No. 690 Pension Fund reported participants rose from 698 in the plan year 2022 filing to 732 in the plan year 2023 filing.
  • Plumbers Local Union No. 690 Pension Fund reported net income fell from $18M in the plan year 2022 filing to $18M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Plumbers Local Union No. 690 Pension Fund vs the 2023 asset distribution

By assets, Plumbers Local Union No. 690 Pension Fund outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$247M
Net Assets (End of Year)$263M
Net Income$18M
Employer EIN236405018
Plan Effective Date1962-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd Tees Plumbers Lu 690 Pen Fund)

$240M$260M$280M$300M 202220232024 $247M $284M ▲ +14.7%
Total plan assets by year, all Bd Tees Plumbers Lu 690 Pen Fund plans on file
Year Plans Participants Total Assets
2022 1 698 $247M
2023 1 732 $265M
2024 1 717 $284M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Plumbers Local Union No. 690 Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Plumbers Local Union No. 690 Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Plumbers Local Union…National Elevator In…Steelworkers Pension…The PNC Financial Se…Constellation Retire…The Bank of New York…
Plumbers Local Union No. 690 Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Plumbers Local Union No. 690 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Plumbers Local Union No. 690 Pension Fund assets move in 2023?
Plumbers Local Union No. 690 Pension Fund grew at a solid clip - up 7.2% during 2023, from $247M to $265M. Reported net income was $18M.
How have Bd Tees Plumbers Lu 690 Pen Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd Tees Plumbers Lu 690 Pen Fund's sponsor-wide assets grew 14.7%, from $247M to $284M.
Where does Plumbers Local Union No. 690 Pension Fund rank by assets among Form 5500 filers?
Plumbers Local Union No. 690 Pension Fund ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Plumbers Local Union No. 690 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Metropolitan Opera Association Retirement Plan in NY ($265M, 717 participants).

Next read for Plumbers Local Union No. 690 Pension Fun…

Scale reading

Ways to act on Plumbers Local Union No. 690 Pension Fund's numbers.

  • By total assets, Plumbers Local Union No. 690 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
  • Bd Tees Plumbers Lu 690 Pen Fund's sponsor-wide assets have grown 14.7% since 2022 across 3 plan years on file. More Construction plans