Defined Benefit (Pension) · DOL Form 5500 · 2023

Bd of Tees Heating, Piping & Refrigeration Pension Fund Pension Plan

Data updated 2026-08-11

$1.2B
Total assets
4,128
Participants
99th
Percentile by assets
$297,352
Avg per participant
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Official DOL plan name: Heating, Piping and Refrigeration Pension Fd Pension Fund · Sponsored by Bd of Tees Heating, Piping & Refrigeration Pension Fund · Maryland · Construction

$1.2B in assets, 4,128 participants

Bd of Tees Heating, Piping & Refrigeration Pension Fund's Heating, Piping and Refrigeration Pension Fd Pension Fund reported $1.2B in total assets and 4,128 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #8,930 in Construction (9,030 peers)

Coverage in Maryland

Heating, Piping and Refrigeration Pension Fd Pension Fund covers 4,128 participants in Maryland, 4.4x the typical Maryland plan (state average ~929 per filing). Assets: $1.2B.

$1.2B
total plan assets (2023 EOY)
4,128
covered participants
99th
percentile by assets (of 127,072 plans)
$297,352
avg assets per participant

Where Heating, Piping and Refrigeration Pension Fd Pension Fund sits by total assets

Heating, Piping and Refrigeration Pension Fd Pension Fund vs every filed plan by assets

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

$1,227,468,033 Top 1% higher than 99% 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

  • Heating, Piping and Refrigeration Pension Fd Pension Fund reported net income rose from $78M in the plan year 2022 filing to $151M in the plan year 2023 filing.
  • Heating, Piping and Refrigeration Pension Fd Pension Fund end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Heating, Piping and Refrigeration Pension Fd Pension Fund reported participants rose from 3,982 in the plan year 2022 filing to 4,128 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Heating, Piping and Refrigeration Pension Fd Pension Fund reports 4,128 participants - 4.4x that state average ($1.2B EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.2B
Net Income$151M
Employer EIN521058013
Plan Effective Date1955-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Tees Heating, Piping & Refrigeration Pension Fund)

$1B$1.1B$1.2B$1.3B$1.4B 202220232024 $1.08B $1.36B ▲ +25.9%
Total plan assets by year, all Bd of Tees Heating, Piping & Refrigeration Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 3,982 $1.1B
2023 1 4,128 $1.2B
2024 1 4,817 $1.4B

Nearby Defined Benefit (Pension) Plans in Maryland

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

Heating, Piping and Refrigeration Pension Fd Pension Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Heating, Piping and Refrigeration Pension Fd Pension Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 05101520 Total assets ($B) Participants Heating, Piping and …National Electrical …Lockheed Martin Corp…Major League Basebal…National Automatic S…International Painte…
Heating, Piping and Refrigeration Pension Fd Pension Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Heating, Piping and Refrigeration Pension Fd Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Heating, Piping and Refrigeration Pension Fd Pension Fund assets move in 2023?
Heating, Piping and Refrigeration Pension Fd Pension Fund grew at a solid clip - up 14.1% during 2023, from $1.1B to $1.2B. Reported net income was $151M.
How have Bd of Tees Heating, Piping & Refrigeration Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd of Tees Heating, Piping & Refrigeration Pension Fund's sponsor-wide assets grew 26.8%, from $1.1B to $1.4B.
Where does Heating, Piping and Refrigeration Pension Fd Pension Fund rank by assets among Form 5500 filers?
Heating, Piping and Refrigeration Pension Fd Pension Fund ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Heating, Piping and Refrigeration Pension Fd Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Employee Retirement Plan of Safeway Inc. and Its Domestic Subsidiaries in CA ($1.2B, 8,473 participants).

Next read for Heating, Piping and Refrigeration Pensio…

Filing takeaways

Ways to act on Heating, Piping and Refrigeration Pension Fd Pension Fund's numbers.

  • By total assets, Heating, Piping and Refrigeration Pension Fd Pension Fund ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Maryland. Compare plans
  • Bd of Tees Heating, Piping & Refrigeration Pension Fund's sponsor-wide assets have grown 26.8% since 2022 across 3 plan years on file. More Construction plans