Money Purchase · DOL Form 5500 · 2024
United Association of Journeyman & Apprentice Pipefitters Local 524 Money Purchase Plan
Data updated 2026-08-11
- $54M
- Total assets
- 307
- Participants
- 85th
- Percentile by assets
- $174,844
- Avg per participant
Official DOL plan name: Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan · Sponsored by United Association of Journeyman & Apprentice Pipefitters Local 524 · Pennsylvania · Construction
$54M in assets, 307 participants
United Association of Journeyman & Apprentice Pipefitters Local 524's Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan reported $54M in total assets and 307 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.
- 85th percentile by assets (of 123,622 plans)
- #7,510 in Construction (9,039 peers)
Coverage in Pennsylvania
Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan covers 307 participants in Pennsylvania, about 37% of the average Pennsylvania filer (state average ~822 per filing). Assets: $54M.
- $54M
- total plan assets (2024 EOY)
- 307
- covered participants
- 85th
- percentile by assets (of 123,622 plans)
- $174,844
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan reported participants fell from 384 in the plan year 2023 filing to 307 in the plan year 2024 filing.
- Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan reported net income rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan end-of-year assets rose from $48M in the plan year 2023 filing to $54M in the plan year 2024 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan reports 307 participants - about 37% of that state average ($54M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $48M |
|---|---|
| Net Assets (End of Year) | $54M |
| Net Income | $5M |
| Employer EIN | 231992413 |
| Plan Effective Date | 1973-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (United Association of Journeyman & Apprentice Pipefitters Local 524)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 357 | $44M |
| 2023 | 1 | 384 | $48M |
| 2024 | 1 | 307 | $54M |
Nearby Money Purchase Plans in Pennsylvania
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants
- Central Pennsylvania Teamsters Retirement Income Plan 1987 $806M · 3,427
- Duane Morris Retirement Plan $338M · 484
- IBEW Local Union 375 Electricians' Retirement Plan $193M · 657
- Milton Hershey School Money Purchase Pension Plan $181M · 1,500
- Retirement Plan for Faculty, Administrative and Professional Employees of University of Scranton $154M · 602
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan by total assets, not by location.
- Union Roofers Supplemental Annuity Trust Fund (CA) $53M · 5,782
- Retirement Plan for Employees of Island Peer Review Organization, Inc. (NY) $55M · 256
- Goodwill Industries of Southeastern Wisconsin, Inc. Employee Money Accumulation Plan (WI) $55M · 2,028
- Valley View Hospital Money Purchase Plan (CO) $55M · 1,100
Frequently Asked Questions
How did Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan assets move in 2024? ▼
How have United Association of Journeyman & Apprentice Pipefitters Local 524 plan assets changed over time? ▼
Where does Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan? ▼
Next read for Pipefitters and Plumbers Local No. 524 P…
Filing takeaways
Ways to act on Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan's numbers.
- By total assets, Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Pennsylvania. Compare plans
- United Association of Journeyman & Apprentice Pipefitters Local 524's sponsor-wide assets have grown 23.1% since 2022 across 3 plan years on file. More Construction plans