Defined Benefit (Pension) · DOL Form 5500 · 2024
Joint Board of Trustees Plumbers & Pipefitters Local Unions Pension Plan
Data updated 2026-08-11
- $623M
- Total assets
- 2,160
- Participants
- 98th
- Percentile by assets
- $288,339
- Avg per participant
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.
- 98th percentile by assets (of 123,622 plans)
- #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.
- $623M
- total plan assets (2024 EOY)
- 2,160
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $288,339
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Plumbers & Pipefitters Local Unions 502 & 633 Pens reports 2,160 participants - 3.4x that state average ($623M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $555M |
|---|---|
| Net Assets (End of Year) | $610M |
| Net Income | $58M |
| Employer EIN | 616078145 |
| Plan Effective Date | 1976-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees Plumbers & Pipefitters Local Unions)
| 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
- General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
- Ford Motor Company UAW Retirement Plan $17.8B · 25,742
- Ford Motor Company General Retirement Plan $12.1B · 8,585
- Dow Employees' Pension Plan $10.9B · 6,888
- Fca US LLC UAW Pension Agreement $10.3B · 12,752
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Plumbers & Pipefitters Local Unions 502 & 633 Pens by total assets, not by location.
- Willis North America Inc. Pension Plan (TN) $623M · 551
- Ng Es - Space Division Consolidated Pension Plan (VA) $623M · 440
- Hii Ingalls Shipbuilding, Inc. Hourly Employees' Retirement Plan (VA) $623M · 7,220
- Pamcah-Ua Local 675 Pension Plan (HI) $622M · 1,532
Frequently Asked Questions
How did Plumbers & Pipefitters Local Unions 502 & 633 Pens assets move in 2024? ▼
How have Joint Board of Trustees Plumbers & Pipefitters Local Unions plan assets changed over time? ▼
Where does Plumbers & Pipefitters Local Unions 502 & 633 Pens rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Plumbers & Pipefitters Local Unions 502 & 633 Pens? ▼
Next read for Plumbers & Pipefitters Local Unions 502 …
Filing takeaways
Ways to act on Plumbers & Pipefitters Local Unions 502 & 633 Pens's numbers.
- By total assets, Plumbers & Pipefitters Local Unions 502 & 633 Pens 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 Michigan. Compare plans
- Joint Board of Trustees Plumbers & Pipefitters Local Unions's sponsor-wide assets have grown 26.2% since 2022 across 3 plan years on file. More Construction plans