Defined Benefit (Pension) · DOL Form 5500 · 2024

Plumbers Union Local No. 12 Pension Local No. 12 Pension Fund Pension Plan

Data updated 2026-08-25

$429M
Total assets Above avg plan size
1,619
Participants Near avg headcount
97th
Percentile by assets National rank
$264,711
Avg per participant High balance/head
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Official DOL plan name: Plumbers Union Local No. 12 Pension · Sponsored by Plumbers Union Local No. 12 Pension Local No. 12 Pension Fund · Massachusetts · Construction

$429M in assets, 1,619 participants

Plumbers Union Local No. 12 Pension Local No. 12 Pension Fund's Plumbers Union Local No. 12 Pension reported $429M in total assets and 1,619 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,713 in Construction (9,039 peers)

Coverage in Massachusetts

Plumbers Union Local No. 12 Pension covers 1,619 participants in Massachusetts, 2.5x the typical Massachusetts plan (state average ~659 per filing). Assets: $429M.

#8,713
in Construction (9,039 peers)
+10.0%
assets growth YoY
4.3×
vs typical plan assets (national mean)

Plumbers Union Local No. 12 Pension's outsized position by total assets

Plumbers Union Local No. 12 Pension vs every filed plan by assets

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

$428,567,547 Top 3% higher than 97% 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 Union Local No. 12 Pension'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 Union Local No. 12 Pension lands in the large band (1,619 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers Union Local No. 12 Pension reported net income fell from $44M in the plan year 2023 filing to $39M in the plan year 2024 filing.
  • Plumbers Union Local No. 12 Pension end-of-year assets rose from $390M in the plan year 2023 filing to $429M in the plan year 2024 filing.
  • Plumbers Union Local No. 12 Pension reported participants fell from 1,720 in the plan year 2023 filing to 1,619 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 046023174 · Plumbers Union Local No. 12 Pension Local No. 12 Pension Fund PY 2024 · Defined Benefit (Pension)

Plumbers Union Local No. 12 Pension · $429M · 1,619 · 97th

  • EBSA $429M
  • EBSA 1,619
  • EBSA 97th
  • EBSA Defined Benefit (Pension)
  • EBSA near Legacy Ghs/Tuomey Pension Plan
  • EBSA ind #8713

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 Massachusetts →

Plumbers Union Local No. 12 Pension in the asset neighbourhood

Hawaii Longshore Pension Plan$430MGeneral Dynamics Retirement Plan (Bath Iron Works)General Dynamics Retirement …$429MPlumbers Union Local No. 12 PensionPlumbers Union Local No. 12 …$429MLegacy Ghs/Tuomey Pension PlanLegacy Ghs/Tuomey Pension Pl…$428MCash Balance Retirement Plan of Hallmark Cards, Inc.Cash Balance Retirement Plan…$427M
End-of-year total assets ($M) among Plumbers Union Local No. 12 Pension and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$390M
Net Assets (End of Year)$428M
Net Income$39M
Employer EIN046023174
Plan Effective Date1954-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers Union Local No. 12 Pension Local No. 12 Pension Fund)

Sponsor-wide plan assets over time

All Plumbers Union Local No. 12 Pension Local No. 12 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$429M 23.87547668788753% vs 2022
2024 filing year
$300M$350M$400M$450M 202220232024 $346M $429M ▲ +23.9%
Year Plans Participants Total Assets
2022 1 1,623 $346M
2023 1 1,720 $390M
2024 1 1,619 $429M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Plumbers Union Local No. 12 Pension vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Plumbers Union Local No. 12 Pension, Total assets ($B): 0.428567547 · Participants: 1619Plumbers Union Local No. 12 PensionConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 11.586293172 · Participants: 60621Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.093299462 · Participants: 21577New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.250686483 · Participants: 34910Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.888715533 · Participants: 12533Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 5.086051556 · Participants: 16946N. Atlantic States Carp. Pension Fund
Plumbers Union Local No. 12 Pension vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Plumbers Union Local No. 12 Pension's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Legacy Ghs/Tuomey Pension Plan in SC ($428M); by covered participants it is Alaska United Food and Commercial Workers Pension Trust in OR (1,622 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($429M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,619 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 Union Local No. 12 Pension assets move in 2024? ▼
Plumbers Union Local No. 12 Pension grew at a solid clip - up 10.0% during 2024, from $390M to $429M. Reported net income was $39M.
How have Plumbers Union Local No. 12 Pension Local No. 12 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Plumbers Union Local No. 12 Pension Local No. 12 Pension Fund's sponsor-wide assets grew 23.9%, from $346M to $429M.
Where does Plumbers Union Local No. 12 Pension rank by assets among Form 5500 filers? ▼
Plumbers Union Local No. 12 Pension ranks in the 97th 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 Union Local No. 12 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Legacy Ghs/Tuomey Pension Plan in SC ($428M, 2,307 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Plumbers Union Local No. 12 Pension? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Alaska United Food and Commercial Workers Pension Trust in OR (1,622 participants, $206M in assets).