Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475 Pension Plan

Data updated 2026-08-11

$198M
Total assets: 464
Participants: 94th
Percentile by assets: $427,398
Avg per participant

Official DOL plan name: Pension Plan of Steamfitters Pension Fund 475 · Sponsored by Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475 · New Jersey · Construction

$198M in assets, 464 participants

Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475's Pension Plan of Steamfitters Pension Fund 475 reported $198M in total assets and 464 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 123,622 plans)
#8,418 in Construction (9,039 peers)

Where Pension Plan of Steamfitters Pension Fund 475 sits by assets

Pension Plan of Steamfitters Pension Fund 475 sits in the top 10% of all filed plans by assets, $198M for 464 participants (~$427,398/participant), up 8.9% in 2024.

$198M
total plan assets (2024 EOY): 464
covered participants: 94th
percentile by assets (of 123,622 plans): $427,398
avg assets per participant

Pension Plan of Steamfitters Pension Fund 475 end-of-year assets rose from $182M in the plan year 2023 filing to $198M in the plan year 2024 filing.
Pension Plan of Steamfitters Pension Fund 475 reported participants rose from 451 in the plan year 2023 filing to 464 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New Jersey

Industry

Construction

Pension Plan of Steamfitters Pension Fund 475 vs the 2024 asset distribution

By assets, Pension Plan of Steamfitters Pension Fund 475 outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$182M
Net Assets (End of Year)	$198M
Net Income	$16M
Employer EIN	226029738
Plan Effective Date	1953-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475)

Total plan assets by year, all Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475 plans on file

Year	Plans	Participants	Total Assets
2022	1	468	$166M
2023	1	451	$182M
2024	1	464	$198M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Pension Plan of Steamfitters Pension Fund 475 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Retirement Plan of Johnson and Johnson $21.1B · 37,882
JPMorgan Chase Retirement Plan $16.1B · 83,812
Nokia Retirement Income Plan $12.9B · 7,280
The Prudential Merged Retirement Plan $12.0B · 16,233
Merck US Pension Plan $10.1B · 26,843

Compare Pension Plan of Steamfitters Pension Fun… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan of Steamfitters Pension Fund 475 by total assets, not by location.

Local 309 Wiremans Pension Trust (MO) $198M · 433
Nintendo of America Inc. Defined Benefit Retirement Plan (WA) $199M · 715
Stanford University Staff Retirement Annuity Plan (CA) $197M · 653
Carmax, Inc. Pension Plan (VA) $199M · 2,563

Frequently Asked Questions

How did Pension Plan of Steamfitters Pension Fund 475 assets move in 2024? ▼

Pension Plan of Steamfitters Pension Fund 475 grew at a solid clip - up 8.9% during 2024, from $182M to $198M. Reported net income was $16M.

How have Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475 plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475's sponsor-wide assets grew 19.6%, from $166M to $198M.

Where does Pension Plan of Steamfitters Pension Fund 475 rank by assets among Form 5500 filers? ▼

Pension Plan of Steamfitters Pension Fund 475 ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Pension Plan of Steamfitters Pension Fund 475? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 309 Wiremans Pension Trust in MO ($198M, 433 participants).

Next read for Pension Plan of Steamfitters Pension Fun…

Scale reading

Ways to act on Pension Plan of Steamfitters Pension Fund 475's numbers.

By total assets, Pension Plan of Steamfitters Pension Fund 475 ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
Board of Trustees Pension Plan of Steamfitters Pension Fund Local 475's sponsor-wide assets have grown 19.6% 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 226029738.