Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund Pension Plan

Data updated 2026-08-11

$17M
Total assets: 82
Participants: 66th
Percentile by assets: $201,552
Avg per participant

Official DOL plan name: Plumbers & Pipefitters Local 653 Pension Fund · Sponsored by Trustees of the Plumbers and Pipefitters Local 653 Pension Fund · Illinois · Construction

$17M in assets, 82 participants

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund's Plumbers & Pipefitters Local 653 Pension Fund reported $17M in total assets and 82 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

66th percentile by assets (of 123,622 plans)
#5,890 in Construction (9,039 peers)

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund multi-year trail

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund's plans moved +20.8% in assets from 2022 to 2024; this filing shows Plumbers & Pipefitters Local 653 Pension Fund at $17M / 82 participants.

$17M
total plan assets (2024 EOY): 82
covered participants: 66th
percentile by assets (of 123,622 plans): $201,552
avg assets per participant

Where Plumbers & Pipefitters Local 653 Pension Fund sits by total assets

Plumbers & Pipefitters Local 653 Pension Fund vs every filed plan by assets

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

$16,527,288 Top 34% higher than 66% 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 & Pipefitters Local 653 Pension Fund reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
Plumbers & Pipefitters Local 653 Pension Fund end-of-year assets rose from $15M in the plan year 2023 filing to $17M in the plan year 2024 filing.
Plumbers & Pipefitters Local 653 Pension Fund reported participants rose from 80 in the plan year 2023 filing to 82 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Illinois

Industry

Construction

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund across 3 plan years on file

Across the 3 plan years Trustees of the Plumbers and Pipefitters Local 653 Pension Fund has on file (2022-2024), sponsor-wide plan assets have moved from $14M to $17M, a gain of 20.8%, while reported participants moved from 85 to 82 (-3.5%). Peak year by sponsor assets: 2024 ($17M); trough: 2022 ($14M).

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund multi-year asset trail

Total plan assets by year, all Trustees of the Plumbers and Pipefitters Local 653 Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	85	$14M
2023	1	80	$15M
2024	1	82	$17M

Trustees of the Plumbers and Pipefitters Local 653 Pension Fund filing trail (2024)

Total Assets (Beginning of Year)	$15M
Net Assets (End of Year)	$16M
Net Income	$2M
Employer EIN	363378963
Plan Effective Date	1965-09-01
Filing Status	FILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Illinois

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

Plumbers & Pipefitters Local 653 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
GE Healthcare Pension Plan $13.7B · 5,554
Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
United Food & Commercial Workers Intl Union - Industry Pension Fund $8.2B · 20,984

Compare Plumbers & Pipefitters Local 653 Pension… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Plumbers & Pipefitters Local 653 Pension Fund by total assets, not by location.

Local 1158 IBEW AFL-CIO Pension Fund (NJ) $17M · 249
Taylor Publishing Company Pension Plan for Hourly Paid Employees (TX) $17M · 16
Local 22 Old Dutch Foods Inc Employee Pension Plan (MN) $17M · 128
Salaried Retirement Plan of Finch Paper, LLC (NY) $17M · 36

Frequently Asked Questions

How did Plumbers & Pipefitters Local 653 Pension Fund assets move in 2024? ▼

Plumbers & Pipefitters Local 653 Pension Fund grew at a solid clip - up 11.9% during 2024, from $15M to $17M. Reported net income was $2M.

How have Trustees of the Plumbers and Pipefitters Local 653 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of the Plumbers and Pipefitters Local 653 Pension Fund's sponsor-wide assets grew 20.8%, from $14M to $17M.

Which Defined Benefit (Pension) plans are similar in size to Plumbers & Pipefitters Local 653 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 1158 IBEW AFL-CIO Pension Fund in NJ ($17M, 249 participants).

Next read for Plumbers & Pipefitters Local 653 Pension…

Multi-year trail

Ways to act on Plumbers & Pipefitters Local 653 Pension Fund's numbers.

By total assets, Plumbers & Pipefitters Local 653 Pension Fund ranks above the median plan by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Trustees of the Plumbers and Pipefitters Local 653 Pension Fund's sponsor-wide assets have grown 20.8% 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 363378963.