Defined Benefit (Pension) · DOL Form 5500 · 2024

Plumbers and Steamfitters 486 Pension Fund Board of Trustees Pension Plan

Data updated 2026-08-11

$382M
Total assets: 1,499
Participants: 96th
Percentile by assets: $255,062
Avg per participant

Official DOL plan name: Plumbers and Steamfitters Local 486 Pension Fund · Sponsored by Plumbers and Steamfitters 486 Pension Fund Board of Trustees · Maryland · Construction

$382M in assets, 1,499 participants

Plumbers and Steamfitters 486 Pension Fund Board of Trustees's Plumbers and Steamfitters Local 486 Pension Fund reported $382M in total assets and 1,499 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 123,622 plans)
#8,680 in Construction (9,039 peers)

Where Plumbers and Steamfitters Local 486 Pension Fund sits by assets

Plumbers and Steamfitters Local 486 Pension Fund sits in the top 5% of all filed plans by assets, $382M for 1,499 participants (~$255,062/participant), up 9.2% in 2024.

$382M
total plan assets (2024 EOY): 1,499
covered participants: 96th
percentile by assets (of 123,622 plans): $255,062
avg assets per participant

Plumbers and Steamfitters Local 486 Pension Fund reported net income rose from $21M in the plan year 2023 filing to $32M in the plan year 2024 filing.
Plumbers and Steamfitters Local 486 Pension Fund end-of-year assets rose from $350M in the plan year 2023 filing to $382M in the plan year 2024 filing.
Plumbers and Steamfitters Local 486 Pension Fund reported participants fell from 1,522 in the plan year 2023 filing to 1,499 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Maryland

Industry

Construction

Plumbers and Steamfitters Local 486 Pension Fund vs the 2024 asset distribution

By assets, Plumbers and Steamfitters Local 486 Pension Fund outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$350M
Net Assets (End of Year)	$382M
Net Income	$32M
Employer EIN	526124449
Plan Effective Date	1962-07-10
Filing Status	FILING RECEIVED

Sponsor Plan History (Plumbers and Steamfitters 486 Pension Fund Board of Trustees)

Total plan assets by year, all Plumbers and Steamfitters 486 Pension Fund Board of Trustees plans on file

Year	Plans	Participants	Total Assets
2022	1	1,456	$329M
2023	1	1,522	$350M
2024	1	1,499	$382M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Plumbers and Steamfitters Local 486 Pension Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

National Electrical Benefit Fund $20.4B · 332,362
Lockheed Martin Corporation Salaried Employee Retirement Program $18.3B · 18,014
Bakery & Confectionery Union & Industry International Pension Fund $6.6B · 14,954
National Automatic Sprinkler Industry Pension Fund $4.8B · 15,964
Major League Baseball Players Pension Plan $4.8B · 1,091

Compare Plumbers and Steamfitters Local 486 Pens… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Plumbers and Steamfitters Local 486 Pension Fund by total assets, not by location.

Foster Farms Group Pension Plan (CA) $382M · 2,319
Kansas City Division Hourly Employees' Pension Plan (NC) $382M · 460
Retirement Income Plan for Employees of Armstrong World Industries Inc (PA) $382M · 641
Retirement Plan for Employees of Boeing Employees' Credit Union (WA) $382M · 2,549

Frequently Asked Questions

How did Plumbers and Steamfitters Local 486 Pension Fund assets move in 2024? ▼

Plumbers and Steamfitters Local 486 Pension Fund grew at a solid clip - up 9.2% during 2024, from $350M to $382M. Reported net income was $32M.

How have Plumbers and Steamfitters 486 Pension Fund Board of Trustees plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Plumbers and Steamfitters 486 Pension Fund Board of Trustees's sponsor-wide assets grew 16.3%, from $329M to $382M.

Where does Plumbers and Steamfitters Local 486 Pension Fund rank by assets among Form 5500 filers? ▼

Plumbers and Steamfitters Local 486 Pension Fund ranks in the 96th 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 Plumbers and Steamfitters Local 486 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Foster Farms Group Pension Plan in CA ($382M, 2,319 participants).

Next read for Plumbers and Steamfitters Local 486 Pens…

Scale reading

Ways to act on Plumbers and Steamfitters Local 486 Pension Fund's numbers.

By total assets, Plumbers and Steamfitters Local 486 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 Maryland. Compare plans
Plumbers and Steamfitters 486 Pension Fund Board of Trustees's sponsor-wide assets have grown 16.3% 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 526124449.