Defined Benefit (Pension) · DOL Form 5500 · 2024

Bd Tees Plumbers Lu 690 Pen Fund Pension Plan

Data updated 2026-08-11

$284M
Total assets
717
Participants
96th
Percentile by assets
$395,702
Avg per participant
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Official DOL plan name: Plumbers Local Union No. 690 Pension Fund · Sponsored by Bd Tees Plumbers Lu 690 Pen Fund · Pennsylvania · Construction

$284M in assets, 717 participants

Bd Tees Plumbers Lu 690 Pen Fund's Plumbers Local Union No. 690 Pension Fund reported $284M in total assets and 717 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)
  • #8,586 in Construction (9,039 peers)

Where Plumbers Local Union No. 690 Pension Fund sits by assets

Plumbers Local Union No. 690 Pension Fund sits in the top 5% of all filed plans by assets, $284M for 717 participants (~$395,702/participant), up 6.9% in 2024.

$284M
total plan assets (2024 EOY)
717
covered participants
96th
percentile by assets (of 123,622 plans)
$395,702
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers Local Union No. 690 Pension Fund end-of-year assets rose from $265M in the plan year 2023 filing to $284M in the plan year 2024 filing.
  • Plumbers Local Union No. 690 Pension Fund reported net income rose from $18M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Plumbers Local Union No. 690 Pension Fund reported participants fell from 732 in the plan year 2023 filing to 717 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Plumbers Local Union No. 690 Pension Fund vs the 2024 asset distribution

By assets, Plumbers Local Union No. 690 Pension Fund outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$265M
Net Assets (End of Year)$282M
Net Income$18M
Employer EIN236405018
Plan Effective Date1962-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd Tees Plumbers Lu 690 Pen Fund)

$240M$260M$280M$300M 202220232024 $247M $284M ▲ +14.7%
Total plan assets by year, all Bd Tees Plumbers Lu 690 Pen Fund plans on file
Year Plans Participants Total Assets
2022 1 698 $247M
2023 1 732 $265M
2024 1 717 $284M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Plumbers Local Union No. 690 Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Plumbers Local Union No. 690 Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Plumbers Local Union…National Elevator In…Steelworkers Pension…The PNC Financial Se…The Bank of New York…Constellation Retire…
Plumbers Local Union No. 690 Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Plumbers Local Union No. 690 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Plumbers Local Union No. 690 Pension Fund assets move in 2024?
Plumbers Local Union No. 690 Pension Fund grew at a solid clip - up 6.9% during 2024, from $265M to $284M. Reported net income was $18M.
How have Bd Tees Plumbers Lu 690 Pen Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd Tees Plumbers Lu 690 Pen Fund's sponsor-wide assets grew 14.7%, from $247M to $284M.
Where does Plumbers Local Union No. 690 Pension Fund rank by assets among Form 5500 filers?
Plumbers Local Union No. 690 Pension Fund 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 Local Union No. 690 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is I.a.T.S.E. Local 16 Pension Plan in CA ($283M, 2,709 participants).

Next read for Plumbers Local Union No. 690 Pension Fun…

Scale reading

Ways to act on Plumbers Local Union No. 690 Pension Fund's numbers.

  • By total assets, Plumbers Local Union No. 690 Pension Fund 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 Pennsylvania. Compare plans
  • Bd Tees Plumbers Lu 690 Pen Fund's sponsor-wide assets have grown 14.7% since 2022 across 3 plan years on file. More Construction plans