Defined Benefit (Pension) · DOL Form 5500 · 2024

Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees Pension Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
115
Participants Small participant base
76th
Percentile by assets National rank
$242,224
Avg per participant Above avg balance/head
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Official DOL plan name: Retirement Plan of the Plumbers & Steamfitters Local No 489 · Sponsored by Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees · Maryland · Construction

$28M in assets, 115 participants

Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees's Retirement Plan of the Plumbers & Steamfitters Local No 489 reported $28M in total assets and 115 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #6,756 in Construction (9,039 peers)

Coverage in Maryland

Retirement Plan of the Plumbers & Steamfitters Local No 489 covers 115 participants in Maryland, about 12% of the average Maryland filer (state average ~929 per filing). Assets: $28M.

#6,756
in Construction (9,039 peers)
+2.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Retirement Plan of the Plumbers & Steamfitters Local No 489's outsized position by total assets

Retirement Plan of the Plumbers & Steamfitters Local No 489 vs every filed plan by assets

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

$27,855,707 Top 24% higher than 76% 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

Retirement Plan of the Plumbers & Steamfitters Local No 489 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. Retirement Plan of the Plumbers & Steamfitters Local No 489 sits mid-pack in the medium band (115 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan of the Plumbers & Steamfitters Local No 489 reported net income fell from $3M in the plan year 2023 filing to $780K in the plan year 2024 filing.
  • Retirement Plan of the Plumbers & Steamfitters Local No 489 end-of-year assets rose from $27M in the plan year 2023 filing to $28M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 520580681 · Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees PY 2024 · Defined Benefit (Pension)

Retirement Plan of the Plumbers & Steamfitters Local No 489 · $28M · 115 · 76th

  • EOY $28M
  • EOY 115
  • EOY 76th
  • EOY Defined Benefit (Pension)
  • EOY near Tucson Federal Credit Union Defined Benefit Plan and Trust
  • EOY ind #6756

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 Maryland →

Retirement Plan of the Plumbers & Steamfitters Local No 489 in the asset neighbourhood

Pension Plan for Employees of the Charles Stewart Mott FoundationPension Plan for Employees o…$28MRetirement Plan of the Plumbers & Steamfitters Local No 489Retirement Plan of the Plumb…$28MTucson Federal Credit Union Defined Benefit Plan and TrustTucson Federal Credit Union …$28MGlasgow, Inc. Pension Plan$28MRetirement Plan for Employees of Bacardi Bottling CorporationRetirement Plan for Employee…$28M
End-of-year total assets ($M) among Retirement Plan of the Plumbers & Steamfitters Local No 489 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$28M
Net Income$780K
Employer EIN520580681
Plan Effective Date1967-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees)

Sponsor-wide plan assets over time

All Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$28M 14.039402796680378% vs 2022
2024 filing year
$24M$26M$28M$30M 202220232024 $24.4M $27.9M ▲ +14.0%
Year Plans Participants Total Assets
2022 1 126 $24M
2023 1 116 $27M
2024 1 115 $28M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Retirement Plan of the Plumbers & Steamfitters Local No 489 vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -50510152025 Total assets ($B) Participants Retirement Plan of the Plumbers & Steamfitters Local No 489, Total assets ($B): 0.027855707 · Participants: 115Retirement Plan of the Plumbers & Steamfitters Local No 489National Electrical Benefit Fund, Total assets ($B): 20.376060206 · Participants: 332362National Electrical Benefit FundLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.271295253 · Participants: 18014Lockheed Martin Corporation Salaried Employee Retirement ProgramBakery & Confectionery Union & Industry International Pension Fund, Total assets ($B): 6.575836095 · Participants: 14954Bakery & Confectionery Union & Industry International Pension FundNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.765198925 · Participants: 15964National Automatic Sprinkler Industry Pension FundMajor League Baseball Players Pension Plan, Total assets ($B): 4.76226641 · Participants: 1091Major League Baseball Players Pension Plan
Retirement Plan of the Plumbers & Steamfitters Local No 489 vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Retirement Plan of the Plumbers & Steamfitters Local No 489's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Tucson Federal Credit Union Defined Benefit Plan and Trust in AZ ($28M); by covered participants it is Noble Services Company LLC Hourly Employees' Retirement Plan in TX (115 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Retirement Plan of the Plumbers & Steamfitters Local No 489 assets move in 2024?
Retirement Plan of the Plumbers & Steamfitters Local No 489 edged up modestly - up 2.9% during 2024, from $27M to $28M. Reported net income was $780K.
How have Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers & Steamfitters Local 489 Pension Trust Fund Trustees's sponsor-wide assets grew 14.0%, from $24M to $28M.
Where does Retirement Plan of the Plumbers & Steamfitters Local No 489 rank by assets among Form 5500 filers?
Retirement Plan of the Plumbers & Steamfitters Local No 489 ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan of the Plumbers & Steamfitters Local No 489?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Tucson Federal Credit Union Defined Benefit Plan and Trust in AZ ($28M, 96 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan of the Plumbers & Steamfitters Local No 489?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Noble Services Company LLC Hourly Employees' Retirement Plan in TX (115 participants, $23M in assets).