Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of Plumbers & Pipefitters Local 172 Pension Fund Pension Plan

Data updated 2026-08-11

$156M
Total assets: 495
Participants: 93rd
Percentile by assets: $314,159
Avg per participant

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.

93rd percentile by assets (of 123,622 plans)
#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.

$156M
total plan assets (2024 EOY): 495
covered participants: 93rd
percentile by assets (of 123,622 plans): $314,159
avg assets per participant

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.

See the national 2023→2024 release diff →

State

Illinois

Industry

Construction

Plumbers & Pipefitters Local 172 Pension Fund vs the 2024 asset distribution

By assets, Plumbers & Pipefitters Local 172 Pension Fund outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

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)

Total plan assets by year, all Trustees of Plumbers & Pipefitters Local 172 Pension Fund plans on file

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.

Plumbers & Pipefitters Local 172 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

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

Compare Plumbers & Pipefitters Local 172 Pension… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Plumbers & Pipefitters Local 172 Pension Fund by total assets, not by location.

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

Frequently Asked Questions

How did Plumbers & Pipefitters Local 172 Pension Fund assets move in 2024? ▼

Plumbers & Pipefitters Local 172 Pension Fund grew at a solid clip - up 10.7% during 2024, from $141M to $156M. Reported net income was $15M.

How have Trustees of Plumbers & Pipefitters Local 172 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of Plumbers & Pipefitters Local 172 Pension Fund's sponsor-wide assets grew 25.9%, from $123M to $156M.

Where does Plumbers & Pipefitters Local 172 Pension Fund rank by assets among Form 5500 filers? ▼

Plumbers & Pipefitters Local 172 Pension Fund ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Plumbers & Pipefitters Local 172 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Employees' Retirement Plan of Stihl, Incorporated in VA ($155M, 2,655 participants).

Next read for Plumbers & Pipefitters Local 172 Pension…

Scale reading

Ways to act on Plumbers & Pipefitters Local 172 Pension Fund's numbers.

By total assets, Plumbers & Pipefitters Local 172 Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Trustees of Plumbers & Pipefitters Local 172 Pension Fund's sponsor-wide assets have grown 25.9% 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 356212986.