Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of the Plumbers and Pipefitters Local 123 Pension Fund Pension Plan

Data updated 2026-08-25

$67M
Total assets Below avg plan size
558
Participants Below avg headcount
87th
Percentile by assets National rank
$120,708
Avg per participant Near avg balance/head
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Official DOL plan name: Plumbers & Pipefitters Local 123 Pension Fund · Sponsored by Trustees of the Plumbers and Pipefitters Local 123 Pension Fund · Florida · Construction

$67M in assets, 558 participants

Trustees of the Plumbers and Pipefitters Local 123 Pension Fund's Plumbers & Pipefitters Local 123 Pension Fund reported $67M in total assets and 558 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,709 in Construction (9,039 peers)

Where Plumbers & Pipefitters Local 123 Pension Fund sits by assets

Plumbers & Pipefitters Local 123 Pension Fund sits in the top quartile of all filed plans by assets, $67M for 558 participants (~$120,708/participant), up 12.1% in 2024.

#7,709
in Construction (9,039 peers)
+12.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Plumbers & Pipefitters Local 123 Pension Fund's outsized position by total assets

Plumbers & Pipefitters Local 123 Pension Fund vs every filed plan by assets

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

$67,354,925 Top 13% higher than 87% 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 & Pipefitters Local 123 Pension Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plumbers & Pipefitters Local 123 Pension Fund sits mid-pack in the medium band (558 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers & Pipefitters Local 123 Pension Fund reported participants rose from 477 in the plan year 2023 filing to 558 in the plan year 2024 filing.
  • Plumbers & Pipefitters Local 123 Pension Fund end-of-year assets rose from $60M in the plan year 2023 filing to $67M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 596164124 · Trustees of the Plumbers and Pipefitters Local 123 Pension Fund PY 2024 · Defined Benefit (Pension)

Plumbers & Pipefitters Local 123 Pension Fund · $67M · 558 · 87th

  • ASSETS $67M
  • ASSETS 558
  • ASSETS 87th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Commerzbank Aktiengesellschaft Pension Plan for United States Branches
  • ASSETS ind #7709

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 Florida →

Plumbers & Pipefitters Local 123 Pension Fund in the asset neighbourhood

Sheet Metal Workers Local 218 (C) Pension PlanSheet Metal Workers Local 21…$67MRetirement Plan of Trustco BankRetirement Plan of Trustco B…$67MGroup Pension Plan for Employees of Staple Cotton Cooperative AssociationGroup Pension Plan for Emplo…$67MPlumbers & Pipefitters Local 123 Pension FundPlumbers & Pipefitters Local…$67MCommerzbank Aktiengesellschaft Pension Plan for United States BranchesCommerzbank Aktiengesellscha…$67M
End-of-year total assets ($M) among Plumbers & Pipefitters Local 123 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$67M
Net Income$7M
Employer EIN596164124
Plan Effective Date1965-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the Plumbers and Pipefitters Local 123 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of the Plumbers and Pipefitters Local 123 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$67M 27.703870103699145% vs 2022
2024 filing year
$50M$55M$60M$65M$70M 202220232024 $52.7M $67.4M ▲ +27.7%
Year Plans Participants Total Assets
2022 1 459 $53M
2023 1 477 $60M
2024 1 558 $67M

Nearby Defined Benefit (Pension) Plans in Florida

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

Plumbers & Pipefitters Local 123 Pension Fund vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -202468 Total assets ($B) Participants Plumbers & Pipefitters Local 123 Pension Fund, Total assets ($B): 0.067354925 · Participants: 558Plumbers & Pipefitters Local 123 Pension FundL3harris Technologies Consolidated Pension Plan, Total assets ($B): 7.598643443 · Participants: 4996L3harris Technologies Consolidated Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 5.345055504 · Participants: 14419Nextera Energy, Inc. Employee Pension PlanRetirement Accumulation Plan for Partners of Pwc, Total assets ($B): 2.667043153 · Participants: 3950Retirement Accumulation Plan for Partners of PwcCsx Pension Plan, Total assets ($B): 2.291461429 · Participants: 2293Csx Pension PlanRetirement Benefit Accumulation Plan for Employees of Pwc, Total assets ($B): 1.933306082 · Participants: 5001Retirement Benefit Accumulation Plan for Employees of Pwc
Plumbers & Pipefitters Local 123 Pension Fund vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
Compare Plumbers & Pipefitters Local 123 Pension Fund side-by-side with 3 peers →

Plumbers & Pipefitters Local 123 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Florida, the nearest Defined Benefit (Pension) by assets is Commerzbank Aktiengesellschaft Pension Plan for United States Branches in NY ($67M); by covered participants it is Association of American Railroads Pension Plan in DC (558 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (558 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 & Pipefitters Local 123 Pension Fund assets move in 2024? ▼
Plumbers & Pipefitters Local 123 Pension Fund grew at a solid clip - up 12.1% during 2024, from $60M to $67M. Reported net income was $7M.
How have Trustees of the Plumbers and Pipefitters Local 123 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of the Plumbers and Pipefitters Local 123 Pension Fund's sponsor-wide assets grew 27.7%, from $53M to $67M.
Where does Plumbers & Pipefitters Local 123 Pension Fund rank by assets among Form 5500 filers? ▼
Plumbers & Pipefitters Local 123 Pension Fund ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Plumbers & Pipefitters Local 123 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Commerzbank Aktiengesellschaft Pension Plan for United States Branches in NY ($67M, 85 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Plumbers & Pipefitters Local 123 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Association of American Railroads Pension Plan in DC (558 participants, $79M in assets).

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 596164124.

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.