Money Purchase · DOL Form 5500 · 2024

Plumbers & Steamfitters Local 565 Money Purchase Plan

Data updated 2026-08-11

$35M
Total assets
632
Participants
80th
Percentile by assets
$56,089
Avg per participant
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Official DOL plan name: Plumbers & Steamfitters Local 565 Pension Plan · Sponsored by Plumbers & Steamfitters Local 565 · West Virginia · Construction

$35M in assets, 632 participants

Plumbers & Steamfitters Local 565's Plumbers & Steamfitters Local 565 Pension Plan reported $35M in total assets and 632 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • 80th percentile by assets (of 123,622 plans)
  • #7,060 in Construction (9,039 peers)

Where Plumbers & Steamfitters Local 565 Pension Plan sits by assets

Plumbers & Steamfitters Local 565 Pension Plan sits in the top quartile of all filed plans by assets, $35M for 632 participants (~$56,089/participant), up 10.8% in 2024.

$35M
total plan assets (2024 EOY)
632
covered participants
80th
percentile by assets (of 123,622 plans)
$56,089
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers & Steamfitters Local 565 Pension Plan reported participants rose from 559 in the plan year 2023 filing to 632 in the plan year 2024 filing.
  • Plumbers & Steamfitters Local 565 Pension Plan end-of-year assets rose from $32M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • Plumbers & Steamfitters Local 565 Pension Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

Plumbers & Steamfitters Local 565 Pension Plan vs the 2024 asset distribution

By assets, Plumbers & Steamfitters Local 565 Pension Plan outranks 80% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$35M
Net Income$3M
Employer EIN550615390
Plan Effective Date1981-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers & Steamfitters Local 565)

$25M$30M$35M$40M 202220232024 $28.2M $35.5M â–˛ +25.6%
Total plan assets by year, all Plumbers & Steamfitters Local 565 plans on file
Year Plans Participants Total Assets
2022 1 538 $28M
2023 1 559 $32M
2024 1 632 $35M

Nearby Money Purchase Plans in West Virginia

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

Plumbers & Steamfitters Local 565 Pension Plan vs. nearby Money Purchase plans in West Virginia, assets vs. participants

Plumbers & Steamfitters Local 565 Pension Plan vs. nearby Money Purchase plans in West Virginia, assets vs. participants Scatter plot of 6 data points. 01000200030004000 0100200300400500 Total assets ($M) Participants Plumbers & Steamfitt…West Virginia Univer…University Physician…Plumbers & Pipefitte…IBEW Local 968 Pensi…West Virginia Univer…
Plumbers & Steamfitters Local 565 Pension Plan vs. nearby Money Purchase plans in West Virginia, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Plumbers & Steamfitters Local 565 Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers & Steamfitters Local 565 Pension Plan assets move in 2024?
Plumbers & Steamfitters Local 565 Pension Plan grew at a solid clip - up 10.8% during 2024, from $32M to $35M. Reported net income was $3M.
How have Plumbers & Steamfitters Local 565 plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers & Steamfitters Local 565's sponsor-wide assets grew 25.6%, from $28M to $35M.
Where does Plumbers & Steamfitters Local 565 Pension Plan rank by assets among Form 5500 filers?
Plumbers & Steamfitters Local 565 Pension Plan ranks in the 80th 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 & Steamfitters Local 565 Pension Plan?
Among Money Purchase plans in other states, the closest by assets is Ironworkers Local 380 Retirement and Severance Plan in IL ($36M, 1,118 participants).

Next read for Plumbers & Steamfitters Local 565 Pensio…

Scale reading

Ways to act on Plumbers & Steamfitters Local 565 Pension Plan's numbers.