Profit Sharing · DOL Form 5500 · 2024

Local 354 Plumbers & Pipe Fitters Pension Fund Profit Sharing Plan

Data updated 2026-07-24

$135M
Total assets: 1,323
Participants: 92nd
Percentile by assets: $102,153
Avg per participant

Official DOL plan name: Plumbers & Pipe Fitters Local 354 Pension Fund · Sponsored by Local 354 Plumbers & Pipe Fitters Pension Fund · Pennsylvania · Construction

$135M in assets, 1,323 participants

Local 354 Plumbers & Pipe Fitters Pension Fund's Plumbers & Pipe Fitters Local 354 Pension Fund reported $135M in total assets and 1,323 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 116,472 plans)

Where Plumbers & Pipe Fitters Local 354 Pension Fund sits by assets

Plumbers & Pipe Fitters Local 354 Pension Fund sits in the top 10% of all filed plans by assets, $135M for 1,323 participants (~$102,153/participant), up 10.3% in 2024.

$135M
total plan assets (2024 EOY): 1,323
covered participants: 92nd
percentile by assets (of 116,472 plans): $102,153
avg assets per participant

Plumbers & Pipe Fitters Local 354 Pension Fund end-of-year assets rose from $123M in the plan year 2023 filing to $135M in the plan year 2024 filing.
Plumbers & Pipe Fitters Local 354 Pension Fund reported net income fell from $14M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Construction

Plumbers & Pipe Fitters Local 354 Pension Fund vs the 2024 asset distribution

By assets, Plumbers & Pipe Fitters Local 354 Pension Fund outranks 92% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$123M
Net Assets (End of Year)	$135M
Net Income	$13M
Employer EIN	256148991
Plan Effective Date	1973-08-15
Filing Status	FILING RECEIVED

Sponsor Plan History (Local 354 Plumbers & Pipe Fitters Pension Fund)

Total plan assets by year, all Local 354 Plumbers & Pipe Fitters Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	1,325	$109M
2023	1	1,330	$123M
2024	1	1,323	$135M

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Plumbers & Pipe Fitters Local 354 Pension Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Eastern Atlantic States Carpenters Annuity Fund $2.2B · 14,807
University of Pennsylvania Basic Plan $2.0B · 21,954
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.3B · 3,927
Temple University Health System, Inc. Defined Contribution Retirement Plan $876M · 10,394
Steamfitters Local Union No. 420 Srp $728M · 6,716

Compare Plumbers & Pipe Fitters Local 354 Pensio… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Plumbers & Pipe Fitters Local 354 Pension Fund by total assets, not by location.

Bronxcare Health System Retirement Plan (NY) $136M · 853
Otterbein University Tax Deferred Annuity and Defined Contribution Retirement Plan (OH) $136M · 757
Ons Savings Plan (CT) $133M · 1,230
United Regional Health Care System Retirement Savings Plan (TX) $138M · 2,300

Frequently Asked Questions

How did Plumbers & Pipe Fitters Local 354 Pension Fund assets move in 2024? ▼

Plumbers & Pipe Fitters Local 354 Pension Fund grew at a solid clip - up 10.3% during 2024, from $123M to $135M. Reported net income was $13M.

How have Local 354 Plumbers & Pipe Fitters Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Local 354 Plumbers & Pipe Fitters Pension Fund's sponsor-wide assets grew 24.2%, from $109M to $135M.

Where does Plumbers & Pipe Fitters Local 354 Pension Fund rank by assets among Form 5500 filers? ▼

Plumbers & Pipe Fitters Local 354 Pension Fund ranks in the 92nd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Plumbers & Pipe Fitters Local 354 Pension Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Bronxcare Health System Retirement Plan in NY ($136M, 853 participants).

Next read for Plumbers & Pipe Fitters Local 354 Pensio…

Scale reading

Ways to act on Plumbers & Pipe Fitters Local 354 Pension Fund's numbers.

By total assets, Plumbers & Pipe Fitters Local 354 Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
Local 354 Plumbers & Pipe Fitters Pension Fund's sponsor-wide assets have grown 24.2% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 256148991.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.