Defined Benefit (Pension) · DOL Form 5500 · 2024

Joint Board of Trustees Plumbers & Pipefitters Local Unions Pension Plan

Data updated 2026-08-25

$623M
Total assets Above avg plan size
2,160
Participants Near avg headcount
98th
Percentile by assets National rank
$288,339
Avg per participant High balance/head
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Official DOL plan name: Plumbers & Pipefitters Local Unions 502 & 633 Pens · Sponsored by Joint Board of Trustees Plumbers & Pipefitters Local Unions · Michigan · Construction

$623M in assets, 2,160 participants

Joint Board of Trustees Plumbers & Pipefitters Local Unions's Plumbers & Pipefitters Local Unions 502 & 633 Pens reported $623M in total assets and 2,160 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,820 in Construction (9,039 peers)

Coverage in Michigan

Plumbers & Pipefitters Local Unions 502 & 633 Pens covers 2,160 participants in Michigan, 3.4x the typical Michigan plan (state average ~638 per filing). Assets: $623M.

#8,820
in Construction (9,039 peers)
+12.3%
assets growth YoY
6.2×
vs typical plan assets (national mean)

Plumbers & Pipefitters Local Unions 502 & 633 Pens's outsized position by total assets

Plumbers & Pipefitters Local Unions 502 & 633 Pens vs every filed plan by assets

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

$622,811,188 Top 2% higher than 98% 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

Plumbers & Pipefitters Local Unions 502 & 633 Pens's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plumbers & Pipefitters Local Unions 502 & 633 Pens lands in the large band (2,160 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers & Pipefitters Local Unions 502 & 633 Pens reported participants rose from 1,287 in the plan year 2023 filing to 2,160 in the plan year 2024 filing.
  • Plumbers & Pipefitters Local Unions 502 & 633 Pens end-of-year assets rose from $555M in the plan year 2023 filing to $623M in the plan year 2024 filing.
  • Plumbers & Pipefitters Local Unions 502 & 633 Pens reported net income fell from $60M in the plan year 2023 filing to $58M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 616078145 · Joint Board of Trustees Plumbers & Pipefitters Local Unions PY 2024 · Defined Benefit (Pension)

Plumbers & Pipefitters Local Unions 502 & 633 Pens · $623M · 2,160 · 98th

  • ASSETS $623M
  • PCT 2,160
  • EIN 98th
  • RANK Defined Benefit (Pension)
  • PHOTO near Willis North America Inc. Pension Plan
  • IND ind #8820

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 Michigan →

Plumbers & Pipefitters Local Unions 502 & 633 Pens in the asset neighbourhood

Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement PlanHii Ingalls Shipbuilding, In…$623MNg Es - Space Division Consolidated Pension PlanNg Es - Space Division Conso…$623MPlumbers & Pipefitters Local Unions 502 & 633 PensPlumbers & Pipefitters Local…$623MWillis North America Inc. Pension PlanWillis North America Inc. Pe…$623MPamcah-Ua Local 675 Pension PlanPamcah-Ua Local 675 Pension …$622M
End-of-year total assets ($M) among Plumbers & Pipefitters Local Unions 502 & 633 Pens and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$555M
Net Assets (End of Year)$610M
Net Income$58M
Employer EIN616078145
Plan Effective Date1976-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees Plumbers & Pipefitters Local Unions)

Sponsor-wide plan assets over time

All Joint Board of Trustees Plumbers & Pipefitters Local Unions plans reported in each filing year

Latest sponsor-wide plan assets
$623M 26.1679276091904% vs 2022
2024 filing year
$450M$500M$550M$600M$650M 202220232024 $494M $623M ▲ +26.2%
Year Plans Participants Total Assets
2022 1 1,256 $494M
2023 1 1,287 $555M
2024 1 2,160 $623M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Plumbers & Pipefitters Local Unions 502 & 633 Pens vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Plumbers & Pipefitters Local Unions 502 & 633 Pens, Total assets ($B): 0.622811188 · Participants: 2160Plumbers & Pipefitters Local Unions 502 & 633 PensGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
Plumbers & Pipefitters Local Unions 502 & 633 Pens vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Plumbers & Pipefitters Local Unions 502 & 633 Pens's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Willis North America Inc. Pension Plan in TN ($623M); by covered participants it is Entergy Corporation Cash Balance Plan for Bargaining Employees in LA (2,157 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,160 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 Plumbers & Pipefitters Local Unions 502 & 633 Pens assets move in 2024? ▼
Plumbers & Pipefitters Local Unions 502 & 633 Pens grew at a solid clip - up 12.3% during 2024, from $555M to $623M. Reported net income was $58M.
How have Joint Board of Trustees Plumbers & Pipefitters Local Unions plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees Plumbers & Pipefitters Local Unions's sponsor-wide assets grew 26.2%, from $494M to $623M.
Where does Plumbers & Pipefitters Local Unions 502 & 633 Pens rank by assets among Form 5500 filers? ▼
Plumbers & Pipefitters Local Unions 502 & 633 Pens ranks in the 98th 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 & Pipefitters Local Unions 502 & 633 Pens? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Willis North America Inc. Pension Plan in TN ($623M, 551 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Plumbers & Pipefitters Local Unions 502 & 633 Pens? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Entergy Corporation Cash Balance Plan for Bargaining Employees in LA (2,157 participants, $36M in assets).