Defined Benefit (Pension) · DOL Form 5500 · 2023
Joint Board of Trustees Plumbers & Pipefitters Local Unions Pension Plan
Data updated 2026-08-25
- $555M
- Total assets Above avg plan size
- 1,287
- Participants Near avg headcount
- 98th
- Percentile by assets National rank
- $430,868
- Avg per participant High balance/head
Official DOL plan name: Plumbers & Pipefitters Local Unions 502 & 633 Pens · Sponsored by Joint Board of Trustees Plumbers & Pipefitters Local Unions · Michigan · Construction
$555M in assets, 1,287 participants
Joint Board of Trustees Plumbers & Pipefitters Local Unions's Plumbers & Pipefitters Local Unions 502 & 633 Pens reported $555M in total assets and 1,287 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- #8,800 in Construction (9,030 peers)
Coverage in Michigan
Plumbers & Pipefitters Local Unions 502 & 633 Pens covers 1,287 participants in Michigan, 2.0x the typical Michigan plan (state average ~638 per filing). Assets: $555M.
- #8,800
- in Construction (9,030 peers)
- +12.3%
- assets growth YoY
- 5.6×
- vs typical plan assets (national mean)
Plumbers & Pipefitters Local Unions 502 & 633 Pens's outsized position by total assets
Plumbers & Pipefitters Local Unions 502 & 633 Pens vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$554,526,573 Top 2% higher than 98% 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
Plumbers & Pipefitters Local Unions 502 & 633 Pens'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. Plumbers & Pipefitters Local Unions 502 & 633 Pens lands in the large band (1,287 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Plumbers & Pipefitters Local Unions 502 & 633 Pens reported net income rose from $18M in the plan year 2022 filing to $60M in the plan year 2023 filing.
- Plumbers & Pipefitters Local Unions 502 & 633 Pens end-of-year assets rose from $494M in the plan year 2022 filing to $555M in the plan year 2023 filing.
- Plumbers & Pipefitters Local Unions 502 & 633 Pens reported participants rose from 1,256 in the plan year 2022 filing to 1,287 in the plan year 2023 filing.
DOL schedule card
Filing strip 616078145 · Joint Board of Trustees Plumbers & Pipefitters Local Unions PY 2023 · Defined Benefit (Pension)
Plumbers & Pipefitters Local Unions 502 & 633 Pens · $555M · 1,287 · 98th
- BOY $555M
- BOY 1,287
- BOY 98th
- BOY Defined Benefit (Pension)
- BOY near International Brotherhood of Electrical Workers Local Union 98 Pension Plan
- BOY ind #8800
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 Michigan →
Plumbers & Pipefitters Local Unions 502 & 633 Pens in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $494M |
|---|---|
| Net Assets (End of Year) | $552M |
| Net Income | $60M |
| Employer EIN | 616078145 |
| Plan Effective Date | 1976-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees Plumbers & Pipefitters Local Unions)
Sponsor-wide plan assets over time
All Joint Board of Trustees Plumbers & Pipefitters Local Unions plans reported in each filing year
- Latest sponsor-wide plan assets
- $623M 26.1679276091904% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,256 | $494M |
| 2023 | 1 | 1,287 | $555M |
| 2024 | 1 | 2,160 | $623M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
- Ford Motor Company UAW Retirement Plan $19.3B · 26,442
- Ford Motor Company General Retirement Plan $12.7B · 10,215
- Dow Employees' Pension Plan $11.5B · 14,051
- Fca US LLC UAW Pension Agreement $11.2B · 13,635
Plumbers & Pipefitters Local Unions 502 & 633 Pens's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is International Brotherhood of Electrical Workers Local Union 98 Pension Plan in PA ($555M); by covered participants it is United Union of Roofers - Local 8 Pension Fund in NY (1,285 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($555M here).
- International Brotherhood of Electrical Workers Local Union 98 Pension Plan (PA) $555M · 2,487
- 1199seiu Home Care Employees Pension Fund (NY) $554M · 34,420
- Retirement Plan for Employees of United Jewish (NY) $555M · 5,310
- West Virginia Laborers Pension Trust Fund (WV) $556M · 1,965
Similar participant headcount
Nearest other-state filings by covered participants (1,287 participants); asset peers above are excluded.
- United Union of Roofers - Local 8 Pension Fund (NY) 1,285 · 2 off
- The Continental Pilots Retirement Plan (TX) 1,289 · 2 off
- Pension Plan of Independence Blue Cross (PA) 1,292 · 5 off
- United Brotherhood of Carpenters Pension Fund United States Segment (NV) 1,295 · 8 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.