Defined Benefit (Pension) · DOL Form 5500 · 2024

Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392 Pension Plan

Data updated 2026-08-11

$381M
Total assets
1,545
Participants
96th
Percentile by assets
$246,356
Avg per participant
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Official DOL plan name: Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan · Sponsored by Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392 · Ohio · Construction

$381M in assets, 1,545 participants

Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392's Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan reported $381M in total assets and 1,545 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #8,679 in Construction (9,039 peers)

Coverage in Ohio

Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan covers 1,545 participants in Ohio, 2.0x the typical Ohio plan (state average ~765 per filing). Assets: $381M.

$381M
total plan assets (2024 EOY)
1,545
covered participants
96th
percentile by assets (of 123,622 plans)
$246,356
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan reported net income fell from $38M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan end-of-year assets rose from $353M in the plan year 2023 filing to $381M in the plan year 2024 filing.
  • Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan reported participants rose from 1,526 in the plan year 2023 filing to 1,545 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan reports 1,545 participants - 2.0x that state average ($381M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$353M
Net Assets (End of Year)$380M
Net Income$28M
Employer EIN310655223
Plan Effective Date1961-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392)

$300M$320M$340M$360M$380M$400M 202220232024 $315M $381M ▲ +21.0%
Total plan assets by year, all Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392 plans on file
Year Plans Participants Total Assets
2022 1 1,486 $315M
2023 1 1,526 $353M
2024 1 1,545 $381M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -505101520 Total assets ($B) Participants Plumbers Pipe Fitter…GE Aerospace Pension…Firstenergy Corp. Ma…American Electric Po…Ohio Operating Engin…Parker Defined Benef…
Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan assets move in 2024?
Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan grew at a solid clip - up 7.9% during 2024, from $353M to $381M. Reported net income was $28M.
How have Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392 plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392's sponsor-wide assets grew 21.0%, from $315M to $381M.
Where does Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan rank by assets among Form 5500 filers?
Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan ranks in the 96th 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 Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ubs Pension Plan in NJ ($380M, 273 participants).

Next read for Plumbers Pipe Fitters & Mechanical Equip…

Filing takeaways

Ways to act on Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 Pension Plan's numbers.

  • By total assets, Plumbers Pipe Fitters & Mechanical Equipment Service Local Union No. 392 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
  • Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392's sponsor-wide assets have grown 21.0% since 2022 across 3 plan years on file. More Construction plans