Defined Benefit (Pension) · DOL Form 5500 · 2024

Pipe Fitters Local Union 120 Pens. Fund Pension Plan

Data updated 2026-08-11

$222M
Total assets: 733
Participants: 95th
Percentile by assets: $302,247
Avg per participant

Official DOL plan name: Pipe Fitters Local Union No. 120 Pension Plan · Sponsored by Pipe Fitters Local Union 120 Pens. Fund · Ohio · Finance & Insurance

$222M in assets, 733 participants

Pipe Fitters Local Union 120 Pens. Fund's Pipe Fitters Local Union No. 120 Pension Plan reported $222M in total assets and 733 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 123,622 plans)
#7,814 in Finance & Insurance (8,549 peers)

Where Pipe Fitters Local Union No. 120 Pension Plan sits by assets

Pipe Fitters Local Union No. 120 Pension Plan sits in the top 5% of all filed plans by assets, $222M for 733 participants (~$302,247/participant), up 6.8% in 2024.

$222M
total plan assets (2024 EOY): 733
covered participants: 95th
percentile by assets (of 123,622 plans): $302,247
avg assets per participant

Pipe Fitters Local Union No. 120 Pension Plan reported participants rose from 671 in the plan year 2023 filing to 733 in the plan year 2024 filing.
Pipe Fitters Local Union No. 120 Pension Plan reported net income rose from $13M in the plan year 2023 filing to $14M in the plan year 2024 filing.
Pipe Fitters Local Union No. 120 Pension Plan end-of-year assets rose from $207M in the plan year 2023 filing to $222M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Ohio

Industry

Finance & Insurance

Pipe Fitters Local Union No. 120 Pension Plan vs the 2024 asset distribution

By assets, Pipe Fitters Local Union No. 120 Pension Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$207M
Net Assets (End of Year)	$221M
Net Income	$14M
Employer EIN	346711591
Plan Effective Date	1958-07-06
Filing Status	FILING RECEIVED

Sponsor Plan History (Pipe Fitters Local Union 120 Pens. Fund)

Total plan assets by year, all Pipe Fitters Local Union 120 Pens. Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	653	$195M
2023	1	671	$207M
2024	1	733	$222M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Pipe Fitters Local Union No. 120 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

GE Aerospace Pension Plan $19.0B · 9,637
Firstenergy Corp. Master Pension Plan $6.5B · 12,187
American Electric Power System Retirement Plan $4.1B · 16,073
Ohio Operating Engineers Pension Plan $3.9B · 10,387
Parker Defined Benefit Pension Plan $3.5B · 8,120

Compare Pipe Fitters Local Union No. 120 Pension… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pipe Fitters Local Union No. 120 Pension Plan by total assets, not by location.

Drummond Company, Inc. Revised Pension Plan (AL) $222M · 269
Retirement Plan for Employees of Texas Scottish Rite Hospital for Children (TX) $222M · 153
Pension Plan for Non-Bargaining Unit Employees of Kyocera International, Inc. & Participating Companies (CA) $222M · 1,023
IBEW Local 716 Pension Plan (TX) $221M · 2,138

Frequently Asked Questions

How did Pipe Fitters Local Union No. 120 Pension Plan assets move in 2024? ▼

Pipe Fitters Local Union No. 120 Pension Plan grew at a solid clip - up 6.8% during 2024, from $207M to $222M. Reported net income was $14M.

How have Pipe Fitters Local Union 120 Pens. Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Pipe Fitters Local Union 120 Pens. Fund's sponsor-wide assets grew 13.9%, from $195M to $222M.

Where does Pipe Fitters Local Union No. 120 Pension Plan rank by assets among Form 5500 filers? ▼

Pipe Fitters Local Union No. 120 Pension Plan ranks in the 95th 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 Pipe Fitters Local Union No. 120 Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Drummond Company, Inc. Revised Pension Plan in AL ($222M, 269 participants).

Next read for Pipe Fitters Local Union No. 120 Pension…

Scale reading

Ways to act on Pipe Fitters Local Union No. 120 Pension Plan's numbers.

By total assets, Pipe Fitters Local Union No. 120 Pension Plan 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 Ohio. Compare plans
Pipe Fitters Local Union 120 Pens. Fund's sponsor-wide assets have grown 13.9% since 2022 across 3 plan years on file. More Finance & Insurance 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 346711591.