Defined Benefit (Pension) · DOL Form 5500 · 2024
Plumbers Local 98 Defined Benefit Pension Fund Pension Plan
Data updated 2026-08-25
- $296M
- Total assets Near avg plan size
- 814
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $363,155
- Avg per participant High balance/head
Official DOL plan name: Plumbers Local No 98 Defined Benefit Pension Fund · Sponsored by Plumbers Local 98 Defined Benefit Pension Fund · Michigan · Construction
$296M in assets, 814 participants
Plumbers Local 98 Defined Benefit Pension Fund's Plumbers Local No 98 Defined Benefit Pension Fund reported $296M in total assets and 814 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- #8,600 in Construction (9,039 peers)
Where Plumbers Local No 98 Defined Benefit Pension Fund sits by assets
Plumbers Local No 98 Defined Benefit Pension Fund sits in the top 5% of all filed plans by assets, $296M for 814 participants (~$363,155/participant), up 14.8% in 2024.
- #8,600
- in Construction (9,039 peers)
- +14.8%
- assets growth YoY
- 3.0×
- vs typical plan assets (national mean)
Plumbers Local No 98 Defined Benefit Pension Fund's outsized position by total assets
Plumbers Local No 98 Defined Benefit Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$295,608,181 Top 4% higher than 96% 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
Plumbers Local No 98 Defined Benefit 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 Local No 98 Defined Benefit Pension Fund sits mid-pack in the medium band (814 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Plumbers Local No 98 Defined Benefit Pension Fund reported net income rose from $32M in the plan year 2023 filing to $38M in the plan year 2024 filing.
- Plumbers Local No 98 Defined Benefit Pension Fund end-of-year assets rose from $258M in the plan year 2023 filing to $296M in the plan year 2024 filing.
- Plumbers Local No 98 Defined Benefit Pension Fund reported participants rose from 780 in the plan year 2023 filing to 814 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 383031916 · Plumbers Local 98 Defined Benefit Pension Fund PY 2024 · Defined Benefit (Pension)
Plumbers Local No 98 Defined Benefit Pension Fund · $296M · 814 · 96th
- PART $296M
- TYPE 814
- NET 96th
- BOOK Defined Benefit (Pension)
- VS-ST near I.B.E.W. Pacific Coast Pension Fund
- BOY ind #8600
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 Michigan →
Plumbers Local No 98 Defined Benefit Pension Fund in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $258M |
|---|---|
| Net Assets (End of Year) | $295M |
| Net Income | $38M |
| Employer EIN | 383031916 |
| Plan Effective Date | 1993-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Plumbers Local 98 Defined Benefit Pension Fund)
Sponsor-wide plan assets over time
All Plumbers Local 98 Defined Benefit Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $296M 31.129467447001442% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 774 | $225M |
| 2023 | 1 | 780 | $258M |
| 2024 | 1 | 814 | $296M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
- Ford Motor Company UAW Retirement Plan $17.8B · 25,742
- Ford Motor Company General Retirement Plan $12.1B · 8,585
- Dow Employees' Pension Plan $10.9B · 6,888
- Fca US LLC UAW Pension Agreement $10.3B · 12,752
Plumbers Local No 98 Defined Benefit Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is I.B.E.W. Pacific Coast Pension Fund in WA ($295M); by covered participants it is NECA Local Union No 313 IBEW Pension Plan in PA (814 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($296M here).
- I.B.E.W. Pacific Coast Pension Fund (WA) $295M · 738
- Employees Pension Plan of Credit Suisse (NY) $296M · 183
- Plumbers & Steamfitters Local 21 Pension Fund (NY) $295M · 669
- Barnes Group Inc. Consolidated Pension Plan (CT) $295M · 104
Similar participant headcount
Nearest other-state filings by covered participants (814 participants); asset peers above are excluded.
- NECA Local Union No 313 IBEW Pension Plan (PA) 814 · 0 off
- Baptist Health System Retirement Plan (FL) 813 · 1 off
- Hawaii Longshore Pension Plan (HI) 815 · 1 off
- Bac Local No. 1 Washington Pension Trust (WA) 815 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.