Defined Benefit (Pension) · DOL Form 5500 · 2024

Plumbing & Pipefitting Ind AFL Pension Plan

Data updated 2026-08-11

$191M
Total assets
288
Participants
94th
Percentile by assets
$662,900
Avg per participant
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Official DOL plan name: Pension Fund of Local Union No. 274 · Sponsored by Plumbing & Pipefitting Ind AFL · New Jersey · Construction

$191M in assets, 288 participants

Plumbing & Pipefitting Ind AFL's Pension Fund of Local Union No. 274 reported $191M in total assets and 288 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)
  • #8,401 in Construction (9,039 peers)

Coverage in New Jersey

Pension Fund of Local Union No. 274 covers 288 participants in New Jersey, about 34% of the average New Jersey filer (state average ~844 per filing). Assets: $191M.

$191M
total plan assets (2024 EOY)
288
covered participants
94th
percentile by assets (of 123,622 plans)
$662,900
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pension Fund of Local Union No. 274 reported net income rose from $12M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Pension Fund of Local Union No. 274 end-of-year assets rose from $177M in the plan year 2023 filing to $191M in the plan year 2024 filing.
  • Pension Fund of Local Union No. 274 reported participants fell from 308 in the plan year 2023 filing to 288 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Pension Fund of Local Union No. 274 reports 288 participants - about 34% of that state average ($191M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$177M
Net Assets (End of Year)$191M
Net Income$14M
Employer EIN221665268
Plan Effective Date1959-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbing & Pipefitting Ind AFL)

$160M$170M$180M$190M$200M 202220232024 $165M $191M ▲ +15.8%
Total plan assets by year, all Plumbing & Pipefitting Ind AFL plans on file
Year Plans Participants Total Assets
2022 1 333 $165M
2023 1 308 $177M
2024 1 288 $191M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Pension Fund of Local Union No. 274 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Pension Fund of Local Union No. 274 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Pension Fund of Loca…Retirement Plan of J…JPMorgan Chase Retir…Nokia Retirement Inc…The Prudential Merge…Merck US Pension Plan
Pension Fund of Local Union No. 274 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Fund of Local Union No. 274 by total assets, not by location.

Frequently Asked Questions

How did Pension Fund of Local Union No. 274 assets move in 2024?
Pension Fund of Local Union No. 274 grew at a solid clip - up 7.9% during 2024, from $177M to $191M. Reported net income was $14M.
How have Plumbing & Pipefitting Ind AFL plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbing & Pipefitting Ind AFL's sponsor-wide assets grew 15.8%, from $165M to $191M.
Where does Pension Fund of Local Union No. 274 rank by assets among Form 5500 filers?
Pension Fund of Local Union No. 274 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 Fund of Local Union No. 274?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Staff Retirement Plan of the Washington Education Association in WA ($191M, 177 participants).

Next read for Pension Fund of Local Union No. 274

Filing takeaways

Ways to act on Pension Fund of Local Union No. 274's numbers.

  • By total assets, Pension Fund of Local Union No. 274 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
  • Plumbing & Pipefitting Ind AFL's sponsor-wide assets have grown 15.8% since 2022 across 3 plan years on file. More Construction plans