Defined Benefit (Pension) · DOL Form 5500 · 2024
Trustees of Plumbers & Pipefitters Local 172 Pension Fund Pension Plan
Data updated 2026-08-25
- $156M
- Total assets Near avg plan size
- 495
- Participants Below avg headcount
- 93rd
- Percentile by assets National rank
- $314,159
- Avg per participant High balance/head
Official DOL plan name: Plumbers & Pipefitters Local 172 Pension Fund · Sponsored by Trustees of Plumbers & Pipefitters Local 172 Pension Fund · Illinois · Construction
$156M in assets, 495 participants
Trustees of Plumbers & Pipefitters Local 172 Pension Fund's Plumbers & Pipefitters Local 172 Pension Fund reported $156M in total assets and 495 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- #8,295 in Construction (9,039 peers)
Where Plumbers & Pipefitters Local 172 Pension Fund sits by assets
Plumbers & Pipefitters Local 172 Pension Fund sits in the top 10% of all filed plans by assets, $156M for 495 participants (~$314,159/participant), up 10.7% in 2024.
- #8,295
- in Construction (9,039 peers)
- +10.7%
- assets growth YoY
- 1.6×
- vs typical plan assets (national mean)
Plumbers & Pipefitters Local 172 Pension Fund's outsized position by total assets
Plumbers & Pipefitters Local 172 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$155,508,816 Top 7% higher than 93% 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
Plumbers & Pipefitters Local 172 Pension Fund 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. Plumbers & Pipefitters Local 172 Pension Fund sits mid-pack in the medium band (495 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Plumbers & Pipefitters Local 172 Pension Fund reported net income fell from $17M in the plan year 2023 filing to $15M in the plan year 2024 filing.
- Plumbers & Pipefitters Local 172 Pension Fund end-of-year assets rose from $141M in the plan year 2023 filing to $156M in the plan year 2024 filing.
- Plumbers & Pipefitters Local 172 Pension Fund reported participants rose from 476 in the plan year 2023 filing to 495 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 356212986 · Trustees of Plumbers & Pipefitters Local 172 Pension Fund PY 2024 · Defined Benefit (Pension)
Plumbers & Pipefitters Local 172 Pension Fund · $156M · 495 · 93rd
- 5500 $156M
- 5500 495
- 5500 93rd
- 5500 Defined Benefit (Pension)
- 5500 near Employees' Retirement Plan of Stihl, Incorporated
- 5500 ind #8295
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 Illinois →
Plumbers & Pipefitters Local 172 Pension Fund in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $141M |
|---|---|
| Net Assets (End of Year) | $155M |
| Net Income | $15M |
| Employer EIN | 356212986 |
| Plan Effective Date | 1963-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Plumbers & Pipefitters Local 172 Pension Fund)
Sponsor-wide plan assets over time
All Trustees of Plumbers & Pipefitters Local 172 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $156M 25.921979844475334% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 443 | $123M |
| 2023 | 1 | 476 | $141M |
| 2024 | 1 | 495 | $156M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
- State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
- GE Healthcare Pension Plan $13.7B · 5,554
- Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.2B · 20,984
Plumbers & Pipefitters Local 172 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Employees' Retirement Plan of Stihl, Incorporated in VA ($155M); by covered participants it is Kennametal Inc. Retirement Income Plan in SC (495 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($156M here).
- Employees' Retirement Plan of Stihl, Incorporated (VA) $155M · 2,655
- Pension Fund of Heat and Frost Insulators Local 12 (NY) $155M · 413
- The Bausch & Lomb Retirement Benefits Plan (NJ) $155M · 602
- Maimonides Medical Center Pension Plan (NY) $155M · 629
Similar participant headcount
Nearest other-state filings by covered participants (495 participants); asset peers above are excluded.
- Kennametal Inc. Retirement Income Plan (SC) 495 · 0 off
- Teamsters Local No. 35 Pension Plan (NJ) 494 · 1 off
- Magna U.S. Consolidated Pension Plan () 494 · 1 off
- The Newspaper Guild International Pension Plan (DC) 496 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.