Defined Benefit (Pension) · DOL Form 5500 · 2024

Pipe Fitters Local Union 120 Pens. Fund Pension Plan

Data updated 2026-08-25

$222M
Total assets Near avg plan size
733
Participants Near avg headcount
95th
Percentile by assets National rank
$302,247
Avg per participant High balance/head
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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.

  • #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.

#7,814
in Finance & Insurance (8,549 peers)
+6.8%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Pipe Fitters Local Union No. 120 Pension Plan's outsized position by total assets

Pipe Fitters Local Union No. 120 Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$221,547,364 Top 5% higher than 95% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Pipe Fitters Local Union No. 120 Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pipe Fitters Local Union No. 120 Pension Plan sits mid-pack in the medium band (733 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

EBSA filing schedule strip

Filing strip 346711591 · Pipe Fitters Local Union 120 Pens. Fund PY 2024 · Defined Benefit (Pension)

Pipe Fitters Local Union No. 120 Pension Plan · $222M · 733 · 95th

  • PCT $222M
  • EIN 733
  • RANK 95th
  • PHOTO Defined Benefit (Pension)
  • IND near Drummond Company, Inc. Revised Pension Plan
  • EOY ind #7814

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 Finance & Insurance retirement plans → · Plans in Ohio →

Pipe Fitters Local Union No. 120 Pension Plan in the asset neighbourhood

Pension Plan for Non-Bargaining Unit Employees of Kyocera International, Inc. & Participating CompaniesPension Plan for Non-Bargain…$222MRetirement Plan for Employees of Texas Scottish Rite Hospital for ChildrenRetirement Plan for Employee…$222MPipe Fitters Local Union No. 120 Pension PlanPipe Fitters Local Union No.…$222MDrummond Company, Inc. Revised Pension PlanDrummond Company, Inc. Revis…$222MIBEW Local 716 Pension Plan$221M
End-of-year total assets ($M) among Pipe Fitters Local Union No. 120 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$207M
Net Assets (End of Year)$221M
Net Income$14M
Employer EIN346711591
Plan Effective Date1958-07-06
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Pipe Fitters Local Union 120 Pens. Fund plans reported in each filing year

Latest sponsor-wide plan assets
$222M 13.905381172736767% vs 2022
2024 filing year
$190M$200M$210M$220M$230M 202220232024 $195M $222M ▲ +13.9%
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 Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants Pipe Fitters Local Union No. 120 Pension Plan, Total assets ($B): 0.221547364 · Participants: 733Pipe Fitters Local Union No. 120 Pension PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
Pipe Fitters Local Union No. 120 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Pipe Fitters Local Union No. 120 Pension Plan side-by-side with 3 peers →

Pipe Fitters Local Union No. 120 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Drummond Company, Inc. Revised Pension Plan in AL ($222M); by covered participants it is Gray Television, Inc. Retirement Plan in GA (732 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (733 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pipe Fitters Local Union No. 120 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Gray Television, Inc. Retirement Plan in GA (732 participants, $113M in assets).

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.

Read our methodology - how this data is sourced, computed, and verified.

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