Defined Benefit (Pension) · DOL Form 5500 · 2024
Shopmens Division Local 597 Joint Board of Trustees Pension Plan
Data updated 2026-08-25
- $16M
- Total assets Small plan by assets
- 137
- Participants Small participant base
- 66th
- Percentile by assets National rank
- $118,252
- Avg per participant Near avg balance/head
Official DOL plan name: Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 · Sponsored by Shopmens Division Local 597 Joint Board of Trustees · Illinois · Construction
$16M in assets, 137 participants
Shopmens Division Local 597 Joint Board of Trustees's Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 reported $16M in total assets and 137 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.
- #5,856 in Construction (9,039 peers)
Coverage in Illinois
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 covers 137 participants in Illinois, about 18% of the average Illinois filer (state average ~779 per filing). Assets: $16M.
- #5,856
- in Construction (9,039 peers)
- +8.8%
- assets growth YoY
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597's mid-pack asset rank among Construction and all filers
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$16,200,463 Top 34% higher than 66% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 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. Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 sits mid-pack in the medium band (137 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 reported net income rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
- Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 end-of-year assets rose from $15M in the plan year 2023 filing to $16M in the plan year 2024 filing.
- Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 reported participants rose from 131 in the plan year 2023 filing to 137 in the plan year 2024 filing.
DOL schedule card
Filing strip 366511016 · Shopmens Division Local 597 Joint Board of Trustees PY 2024 · Defined Benefit (Pension)
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 · $16M · 137 · 66th
- PHOTO $16M
- PHOTO 137
- PHOTO 66th
- PHOTO Defined Benefit (Pension)
- PHOTO near Betz Industries Pension Plan
- PHOTO ind #5856
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 Illinois →
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597 in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $15M |
|---|---|
| Net Assets (End of Year) | $16M |
| Net Income | $1M |
| Employer EIN | 366511016 |
| Plan Effective Date | 1972-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Shopmens Division Local 597 Joint Board of Trustees)
Sponsor-wide plan assets over time
All Shopmens Division Local 597 Joint Board of Trustees plans reported in each filing year
- Latest sponsor-wide plan assets
- $16M 18.106697311319557% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 130 | $14M |
| 2023 | 1 | 131 | $15M |
| 2024 | 1 | 137 | $16M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
- State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
- GE Healthcare Pension Plan $13.7B · 5,554
- Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.2B · 20,984
Plumbing & Heating Wholesalers Retirement Income Plan for the Benefit of Shopmen's Division of Pipe Fitters' Association, Local 597's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Betz Industries Pension Plan in MI ($16M); by covered participants it is Stanford Health Care Staff Pension Plan in CA (137 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($16M here).
Similar participant headcount
Nearest other-state filings by covered participants (137 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.