Money Purchase · DOL Form 5500 · 2024

Plumbers Local 24 Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$190M
Total assets
947
Participants
94th
Percentile by assets
$200,699
Avg per participant
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Official DOL plan name: Plumbers Local 24 Annuity Fund · Sponsored by Plumbers Local 24 Annuity Fund · New Jersey · Construction

$190M in assets, 947 participants

Plumbers Local 24 Annuity Fund's Plumbers Local 24 Annuity Fund reported $190M in total assets and 947 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 123,622 plans)
  • #8,397 in Construction (9,039 peers)

Where Plumbers Local 24 Annuity Fund sits by assets

Plumbers Local 24 Annuity Fund sits in the top 10% of all filed plans by assets, $190M for 947 participants (~$200,699/participant), up 3.7% in 2024.

$190M
total plan assets (2024 EOY)
947
covered participants
94th
percentile by assets (of 123,622 plans)
$200,699
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers Local 24 Annuity Fund reported net income fell from $11M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Plumbers Local 24 Annuity Fund end-of-year assets rose from $183M in the plan year 2023 filing to $190M in the plan year 2024 filing.
  • Plumbers Local 24 Annuity Fund reported participants rose from 930 in the plan year 2023 filing to 947 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
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Plumbers Local 24 Annuity Fund vs the 2024 asset distribution

By assets, Plumbers Local 24 Annuity Fund outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$183M
Net Assets (End of Year)$190M
Net Income$7M
Employer EIN222372054
Plan Effective Date1981-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers Local 24 Annuity Fund)

$170M$180M$190M$200M 202220232024 $172M $190M ▲ +10.5%
Total plan assets by year, all Plumbers Local 24 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 912 $172M
2023 1 930 $183M
2024 1 947 $190M

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Plumbers Local 24 Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Plumbers Local 24 Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 00.511.522.53 Total assets ($B) Participants Plumbers Local 24 An…Princeton University…Local 68 Engineers U…Nysa-Ila Money Purch…Educational Testing …Ironworkers Local 11…
Plumbers Local 24 Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Plumbers Local 24 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Plumbers Local 24 Annuity Fund assets move in 2024?
Plumbers Local 24 Annuity Fund edged up modestly - up 3.7% during 2024, from $183M to $190M. Reported net income was $7M.
How have Plumbers Local 24 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers Local 24 Annuity Fund's sponsor-wide assets grew 10.5%, from $172M to $190M.
Where does Plumbers Local 24 Annuity Fund rank by assets among Form 5500 filers?
Plumbers Local 24 Annuity Fund ranks in the 94th 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 Money Purchase plans are similar in size to Plumbers Local 24 Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Supplemental Pension/401(k) Plan to IBEW Lu1141 Retirement and 401(k) Plan in OK ($189M, 2,210 participants).

Next read for Plumbers Local 24 Annuity Fund

Scale reading

Ways to act on Plumbers Local 24 Annuity Fund's numbers.

  • By total assets, Plumbers Local 24 Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in New Jersey. Compare plans
  • Plumbers Local 24 Annuity Fund's sponsor-wide assets have grown 10.5% since 2022 across 3 plan years on file. More Construction plans