Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Steamfitters Local #449 Pension Fund Pension Plan

Data updated 2026-08-11

$479M
Total assets: 1,656
Participants: 97th
Percentile by assets: $289,444
Avg per participant

Official DOL plan name: Steamfitters Local #449 Pension Plan · Sponsored by Board of Trustees Steamfitters Local #449 Pension Fund · Pennsylvania · Construction

$479M in assets, 1,656 participants

Board of Trustees Steamfitters Local #449 Pension Fund's Steamfitters Local #449 Pension Plan reported $479M in total assets and 1,656 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 123,622 plans)
#8,749 in Construction (9,039 peers)

Coverage in Pennsylvania

Steamfitters Local #449 Pension Plan covers 1,656 participants in Pennsylvania, 2.0x the typical Pennsylvania plan (state average ~822 per filing). Assets: $479M.

$479M
total plan assets (2024 EOY): 1,656
covered participants: 97th
percentile by assets (of 123,622 plans): $289,444
avg assets per participant

Steamfitters Local #449 Pension Plan reported net income fell from $49M in the plan year 2023 filing to $44M in the plan year 2024 filing.
Steamfitters Local #449 Pension Plan end-of-year assets rose from $436M in the plan year 2023 filing to $479M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Construction

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Steamfitters Local #449 Pension Plan reports 1,656 participants - 2.0x that state average ($479M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$436M
Net Assets (End of Year)	$479M
Net Income	$44M
Employer EIN	256032401
Plan Effective Date	1956-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Steamfitters Local #449 Pension Fund)

Total plan assets by year, all Board of Trustees Steamfitters Local #449 Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	1,653	$387M
2023	1	1,656	$436M
2024	1	1,656	$479M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Steamfitters Local #449 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

National Elevator Industry Pension Plan $12.2B · 28,308
Steelworkers Pension Trust $7.2B · 46,110
The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
Constellation Retirement Program $5.0B · 4,809

Compare Steamfitters Local #449 Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Steamfitters Local #449 Pension Plan by total assets, not by location.

Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund (NY) $479M · 1,218
Brown-Forman Corporation Salaried Employees Retirement Plan (KY) $478M · 1,237
Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund (MN) $481M · 1,353
Moog Inc. Employees' Retirement Plan (NY) $477M · 1,215

Frequently Asked Questions

How did Steamfitters Local #449 Pension Plan assets move in 2024? ▼

Steamfitters Local #449 Pension Plan grew at a solid clip - up 9.8% during 2024, from $436M to $479M. Reported net income was $44M.

How have Board of Trustees Steamfitters Local #449 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Steamfitters Local #449 Pension Fund's sponsor-wide assets grew 23.9%, from $387M to $479M.

Where does Steamfitters Local #449 Pension Plan rank by assets among Form 5500 filers? ▼

Steamfitters Local #449 Pension Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Steamfitters Local #449 Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund in NY ($479M, 1,218 participants).

Next read for Steamfitters Local #449 Pension Plan

Filing takeaways

Ways to act on Steamfitters Local #449 Pension Plan's numbers.

By total assets, Steamfitters Local #449 Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
Board of Trustees Steamfitters Local #449 Pension Fund's sponsor-wide assets have grown 23.9% since 2022 across 3 plan years on file. More Construction plans

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 256032401.