Money Purchase · DOL Form 5500 · 2024

Plumbers and Pipefitters Local 162 Retirement Savings Plan Money Purchase Plan

Data updated 2026-08-11

$61M
Total assets
618
Participants
86th
Percentile by assets
$98,598
Avg per participant
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Official DOL plan name: Plumbers & Pipefitters Local 162 Retirement Savings Plan · Sponsored by Plumbers and Pipefitters Local 162 Retirement Savings Plan · Ohio · Construction

$61M in assets, 618 participants

Plumbers and Pipefitters Local 162 Retirement Savings Plan's Plumbers & Pipefitters Local 162 Retirement Savings Plan reported $61M in total assets and 618 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 123,622 plans)
  • #7,626 in Construction (9,039 peers)

Where Plumbers & Pipefitters Local 162 Retirement Savings Plan sits by assets

Plumbers & Pipefitters Local 162 Retirement Savings Plan sits in the top quartile of all filed plans by assets, $61M for 618 participants (~$98,598/participant), up 18.2% in 2024.

$61M
total plan assets (2024 EOY)
618
covered participants
86th
percentile by assets (of 123,622 plans)
$98,598
avg assets per participant

Where Plumbers & Pipefitters Local 162 Retirement Savings Plan sits by total assets

Plumbers & Pipefitters Local 162 Retirement Savings Plan vs every filed plan by assets

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

$60,933,369 Top 14% higher than 86% of 123,620 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers & Pipefitters Local 162 Retirement Savings Plan end-of-year assets rose from $52M in the plan year 2023 filing to $61M in the plan year 2024 filing.
  • Plumbers & Pipefitters Local 162 Retirement Savings Plan reported net income fell from $10M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Plumbers & Pipefitters Local 162 Retirement Savings Plan vs the 2024 asset distribution

By assets, Plumbers & Pipefitters Local 162 Retirement Savings Plan outranks 86% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$61M
Net Income$9M
Employer EIN311387429
Plan Effective Date1993-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers and Pipefitters Local 162 Retirement Savings Plan)

$40M$50M$60M$70M 202220232024 $41.9M $60.9M ▲ +45.3%
Total plan assets by year, all Plumbers and Pipefitters Local 162 Retirement Savings Plan plans on file
Year Plans Participants Total Assets
2022 1 601 $42M
2023 1 619 $52M
2024 1 618 $61M

Nearby Money Purchase Plans in Ohio

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Plumbers & Pipefitters Local 162 Retirement Savings Plan vs. nearby Money Purchase plans in Ohio, assets vs. participants

Plumbers & Pipefitters Local 162 Retirement Savings Plan vs. nearby Money Purchase plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants Plumbers & Pipefitte…The Sherwin-Williams…The Cleveland Clinic…Iron Workers Distric…University of Dayton…Northwestern Ohio Pl…
Plumbers & Pipefitters Local 162 Retirement Savings Plan vs. nearby Money Purchase plans in Ohio, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Plumbers & Pipefitters Local 162 Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers & Pipefitters Local 162 Retirement Savings Plan assets move in 2024?
Plumbers & Pipefitters Local 162 Retirement Savings Plan grew sharply - up 18.2% during 2024, from $52M to $61M. Reported net income was $9M.
How have Plumbers and Pipefitters Local 162 Retirement Savings Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers and Pipefitters Local 162 Retirement Savings Plan's sponsor-wide assets grew 45.3%, from $42M to $61M.
Where does Plumbers & Pipefitters Local 162 Retirement Savings Plan rank by assets among Form 5500 filers?
Plumbers & Pipefitters Local 162 Retirement Savings Plan ranks in the 86th 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 Money Purchase plans are similar in size to Plumbers & Pipefitters Local 162 Retirement Savings Plan?
Among Money Purchase plans in other states, the closest by assets is Local 338 Annuity Fund in NY ($61M, 6,724 participants).

Next read for Plumbers & Pipefitters Local 162 Retirem…

Scale reading

Ways to act on Plumbers & Pipefitters Local 162 Retirement Savings Plan's numbers.

  • By total assets, Plumbers & Pipefitters Local 162 Retirement Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Ohio. Compare plans
  • Plumbers and Pipefitters Local 162 Retirement Savings Plan's sponsor-wide assets have grown 45.3% since 2022 across 3 plan years on file. More Construction plans