Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Steamfitters Local #449 Pension Fund Pension Plan

Data updated 2026-08-25

$479M
Total assets Above avg plan size
1,656
Participants Near avg headcount
97th
Percentile by assets National rank
$289,444
Avg per participant High balance/head
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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.

  • #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.

#8,749
in Construction (9,039 peers)
+9.8%
assets growth YoY
4.8×
vs typical plan assets (national mean)

Steamfitters Local #449 Pension Plan's outsized position by total assets

Steamfitters Local #449 Pension Plan vs every filed plan by assets

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

$479,319,645 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,050,000,000 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

Steamfitters Local #449 Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Steamfitters Local #449 Pension Plan lands in the large band (1,656 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Plan-year Form 5500 strip

Filing strip 256032401 · Board of Trustees Steamfitters Local #449 Pension Fund PY 2024 · Defined Benefit (Pension)

Steamfitters Local #449 Pension Plan · $479M · 1,656 · 97th

  • PHOTO $479M
  • IND 1,656
  • EOY 97th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund
  • PCT ind #8749

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 Pennsylvania →

Steamfitters Local #449 Pension Plan in the asset neighbourhood

Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension FundMinnesota & North Dakota Bri…$481MSteamfitters Local #449 Pension PlanSteamfitters Local #449 Pens…$479MLaborers Local 1298 of Nassau & Suffolk Counties Pension FundLaborers Local 1298 of Nassa…$479MBrown-Forman Corporation Salaried Employees Retirement PlanBrown-Forman Corporation Sal…$478MMoog Inc. Employees' Retirement PlanMoog Inc. Employees' Retirem…$477M
End-of-year total assets ($M) among Steamfitters Local #449 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$436M
Net Assets (End of Year)$479M
Net Income$44M
Employer EIN256032401
Plan Effective Date1956-06-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Board of Trustees Steamfitters Local #449 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$479M 23.85638926300745% vs 2022
2024 filing year
$350M$400M$450M$500M 202220232024 $387M $479M ▲ +23.9%
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 Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Steamfitters Local #449 Pension Plan, Total assets ($B): 0.479319645 · Participants: 1656Steamfitters Local #449 Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Steamfitters Local #449 Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Steamfitters Local #449 Pension Plan side-by-side with 3 peers →

Steamfitters Local #449 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Laborers Local 1298 of Nassau & Suffolk Counties Pension Fund in NY ($479M); by covered participants it is The Employee Retirement Plan of Group Health Plan, in MN (1,656 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,656 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.

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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Steamfitters Local #449 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Employee Retirement Plan of Group Health Plan, in MN (1,656 participants, $819M in assets).

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.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.