Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Steamfitters Industry Pension Fund Pension Plan

Data updated 2026-07-24

$461M
Total assets
1,981
Participants
97th
Percentile by assets
$232,520
Avg per participant
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Official DOL plan name: Steamfitters Industry Pension Fund · Sponsored by Board of Trustees Steamfitters Industry Pension Fund · New York · Construction

$461M in assets, 1,981 participants

Board of Trustees Steamfitters Industry Pension Fund's Steamfitters Industry Pension Fund reported $461M in total assets and 1,981 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 116,472 plans)

Coverage in New York

Steamfitters Industry Pension Fund covers 1,981 participants in New York, 2.5x the typical New York plan (state average ~795 per filing). Assets: $461M.

$461M
total plan assets (2024 EOY)
1,981
covered participants
97th
percentile by assets (of 116,472 plans)
$232,520
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Steamfitters Industry Pension Fund reported net income rose from $13M in the plan year 2023 filing to $31M in the plan year 2024 filing.
  • Steamfitters Industry Pension Fund end-of-year assets rose from $430M in the plan year 2023 filing to $461M in the plan year 2024 filing.
  • Steamfitters Industry Pension Fund reported participants fell from 2,090 in the plan year 2023 filing to 1,981 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Steamfitters Industry Pension Fund reports 1,981 participants - 2.5x that state average ($461M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$430M
Net Assets (End of Year)$460M
Net Income$31M
Employer EIN136149680
Plan Effective Date1950-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Steamfitters Industry Pension Fund)

$400M$420M$440M$460M$480M 202220232024 $417M $461M ▲ +10.4%
Total plan assets by year, all Board of Trustees Steamfitters Industry Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 2,384 $417M
2023 1 2,090 $430M
2024 1 1,981 $461M

Nearby Defined Benefit (Pension) Plans in New York

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

Steamfitters Industry Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Steamfitters Industry Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Steamfitters Industr…IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
Steamfitters Industry Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

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

Frequently Asked Questions

How did Steamfitters Industry Pension Fund assets move in 2024?
Steamfitters Industry Pension Fund grew at a solid clip - up 7.1% during 2024, from $430M to $461M. Reported net income was $31M.
How have Board of Trustees Steamfitters Industry Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Steamfitters Industry Pension Fund's sponsor-wide assets grew 10.4%, from $417M to $461M.
Where does Steamfitters Industry Pension Fund rank by assets among Form 5500 filers?
Steamfitters Industry Pension Fund ranks in the 97th percentile by end-of-year assets among 116,472 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 Industry Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Painters District Council No. 30 Pension Fund in IL ($461M, 959 participants).

Next read for Steamfitters Industry Pension Fund

Filing takeaways

Ways to act on Steamfitters Industry Pension Fund's numbers.

  • By total assets, Steamfitters Industry Pension Fund 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 New York. Compare plans
  • Board of Trustees Steamfitters Industry Pension Fund's sponsor-wide assets have grown 10.4% 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 136149680.

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