Profit Sharing · DOL Form 5500 · 2024

Local 354 Plumbers & Pipe Fitters Pension Fund Profit Sharing Plan

Data updated 2026-08-25

$135M
Total assets Near avg plan size
1,323
Participants Near avg headcount
92nd
Percentile by assets National rank
$102,153
Avg per participant Below avg balance/head
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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.

  • #8,221 in Construction (9,039 peers)

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.

#8,221
in Construction (9,039 peers)
+10.3%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Plumbers & Pipe Fitters Local 354 Pension Fund's outsized position by total assets

Plumbers & Pipe Fitters Local 354 Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$135,148,825 Top 8% higher than 92% of 123,620 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 2024

Plumbers & Pipe Fitters Local 354 Pension Fund's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plumbers & Pipe Fitters Local 354 Pension Fund lands in the large band (1,323 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Plan-year Form 5500 strip

Filing strip 256148991 · Local 354 Plumbers & Pipe Fitters Pension Fund PY 2024 · Profit Sharing

Plumbers & Pipe Fitters Local 354 Pension Fund · $135M · 1,323 · 92nd

  • PART $135M
  • PART 1,323
  • PART 92nd
  • PART Profit Sharing
  • PART near Bronxcare Health System Retirement Plan
  • PART ind #8221

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 →

Plumbers & Pipe Fitters Local 354 Pension Fund in the asset neighbourhood

Treasurers and Ticket Sellers Local 751 Annuity FundTreasurers and Ticket Seller…$138MOtterbein University Tax Deferred Annuity and Defined Contribution Retirement PlanOtterbein University Tax Def…$136MBronxcare Health System Retirement PlanBronxcare Health System Reti…$136MPlumbers & Pipe Fitters Local 354 Pension FundPlumbers & Pipe Fitters Loca…$135MOns Savings Plan$133M
End-of-year total assets ($M) among Plumbers & Pipe Fitters Local 354 Pension Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$123M
Net Assets (End of Year)$135M
Net Income$13M
Employer EIN256148991
Plan Effective Date1973-08-15
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Local 354 Plumbers & Pipe Fitters Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$135M 24.225556304387815% vs 2022
2024 filing year
$100M$110M$120M$130M$140M 202220232024 $109M $135M ▲ +24.2%
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 Scatter plot of 6 data points. 0500010000150002000025000 00.511.522.5 Total assets ($B) Participants Plumbers & Pipe Fitters Local 354 Pension Fund, Total assets ($B): 0.135148825 · Participants: 1323Plumbers & Pipe Fitters Local 354 Pension FundEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.245462462 · Participants: 14807Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.995663035 · Participants: 21954University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.259021509 · Participants: 3927International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.876135705 · Participants: 10394Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.781454632 · Participants: 2477Morgan, Lewis & Bockius LLP Defined Contribution Plan
Plumbers & Pipe Fitters Local 354 Pension Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Plumbers & Pipe Fitters Local 354 Pension Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Bronxcare Health System Retirement Plan in NY ($136M); by covered participants it is Jeld-Wen, Inc. Employee Stock Ownership and Retirement Plan in NC (1,314 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,323 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 123,622 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).
Which Profit Sharing plans cover a similar participant headcount to Plumbers & Pipe Fitters Local 354 Pension Fund?
Among Profit Sharing plans in other states, the closest by covered participants is Jeld-Wen, Inc. Employee Stock Ownership and Retirement Plan in NC (1,314 participants, $12M in assets).