Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees of Steamfitters Lu 420 Pension Plan Pension Plan
Data updated 2026-08-25
- $644M
- Total assets Above avg plan size
- 2,398
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $268,596
- Avg per participant High balance/head
Official DOL plan name: Steamfitters Local Union No. 420 Pension Plan · Sponsored by Board of Trustees of Steamfitters Lu 420 Pension Plan · Pennsylvania · Construction
$644M in assets, 2,398 participants
Board of Trustees of Steamfitters Lu 420 Pension Plan's Steamfitters Local Union No. 420 Pension Plan reported $644M in total assets and 2,398 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- #8,823 in Construction (9,039 peers)
Coverage in Pennsylvania
Steamfitters Local Union No. 420 Pension Plan covers 2,398 participants in Pennsylvania, 2.9x the typical Pennsylvania plan (state average ~822 per filing). Assets: $644M.
- #8,823
- in Construction (9,039 peers)
- -0.2%
- assets change YoY
- 6.5×
- vs typical plan assets (national mean)
Steamfitters Local Union No. 420 Pension Plan's outsized position by total assets
Steamfitters Local Union No. 420 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$644,093,264 Top 2% higher than 98% 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
Steamfitters Local Union No. 420 Pension Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Steamfitters Local Union No. 420 Pension Plan lands in the large band (2,398 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Steamfitters Local Union No. 420 Pension Plan reported net income fell from $51M in the plan year 2023 filing to $37M in the plan year 2024 filing.
- Steamfitters Local Union No. 420 Pension Plan reported participants fell from 2,456 in the plan year 2023 filing to 2,398 in the plan year 2024 filing.
- Steamfitters Local Union No. 420 Pension Plan end-of-year assets fell from $646M in the plan year 2023 filing to $644M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 232004424 · Board of Trustees of Steamfitters Lu 420 Pension Plan PY 2024 · Defined Benefit (Pension)
Steamfitters Local Union No. 420 Pension Plan · $644M · 2,398 · 98th
- TYPE $644M
- TYPE 2,398
- TYPE 98th
- TYPE Defined Benefit (Pension)
- TYPE near Fca US LLC Consolidated Plan
- TYPE ind #8823
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Pennsylvania →
Steamfitters Local Union No. 420 Pension Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $646M |
|---|---|
| Net Assets (End of Year) | $643M |
| Net Income | $37M |
| Employer EIN | 232004424 |
| Plan Effective Date | 1989-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Steamfitters Lu 420 Pension Plan)
Sponsor-wide plan assets over time
All Board of Trustees of Steamfitters Lu 420 Pension Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $644M 15.867252337589147% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,457 | $556M |
| 2023 | 1 | 2,456 | $646M |
| 2024 | 1 | 2,398 | $644M |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $12.2B · 28,308
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
Steamfitters Local Union No. 420 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Fca US LLC Consolidated Plan in MI ($643M); by covered participants it is Cement Masons Southern California Pension Trust in CA (2,398 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($644M here).
- Fca US LLC Consolidated Plan (MI) $643M · 1,594
- Northwestern Memorial Hospital Employees' Pension Plan (IL) $642M · 2,012
- Resolute Fp US Pension Plan () $641M · 261
- Local 295 I.B.T. Employer Group Pension Trust Fund (NY) $640M · 1,522
Similar participant headcount
Nearest other-state filings by covered participants (2,398 participants); asset peers above are excluded.
- Cement Masons Southern California Pension Trust (CA) 2,398 · 0 off
- Gmp & Employers Pension Plan (OH) 2,397 · 1 off
- Iuoe Local 30 Pension Fund (NY) 2,396 · 2 off
- Connecticut Laborers' Pension Plan (CT) 2,401 · 3 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.