Local 354 Plumbers & Pipe Fitters Pension Fund retirement plan: assets, participants and fees
What Local 354 Plumbers & Pipe Fitters Pension Fund's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Bridgeway Benefit Technologies | 2023 Schedule C ↗ |
| Independent auditor | Packer Thomas (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
How the plan compares
Plan year 2024 medians for 523 defined-contribution plans in construction with 500 to 999 participants.
| Local 354 Plumbers & Pipe Fitters Pension Fund: employer contribution per participant | $6,377 | |
| Peer median | $2,361 |
| Local 354 Plumbers & Pipe Fitters Pension Fund: average balance | $169,556 | |
| Peer median | $60,193 |
| Local 354 Plumbers & Pipe Fitters Pension Fund: admin expenses ÷ assets | 0.14% | |
| Peer median | 0.31% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $133M at the end of plan year 2021 to $135M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,521 | $135M | $5.1M | $6,377 | 0.14% | Not published | Form 5500 ↗ |
| 2023 | 1,500 | $123M | $4.7M | $5,564 | 0.19% | Not published | Form 5500 ↗ |
| 2022 | 1,498 | $109M | $4.7M | $4,796 | 0.19% | Not published | Form 5500 ↗ |
| 2021 | 1,479 | $133M | $5.4M | $3,667 | 0.17% | Not published | Form 5500 ↗ |
Common questions
Does Local 354 Plumbers & Pipe Fitters Pension Fund match 401(k) contributions?
The match terms for the Plumbers & Pipe Fitters Local 354 Pension Fund have not been published from its filing yet. The plan year 2024 filing reports $5.1M in employer contributions, about $6,377 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Local 354 Plumbers & Pipe Fitters Pension Fund 401(k) match vested?
The vesting schedule for the Plumbers & Pipe Fitters Local 354 Pension Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the Local 354 Plumbers & Pipe Fitters Pension Fund 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Bridgeway Benefit Technologies. The plan administrator is Local 354 Plumbers & Pipe Fitters Pension Fund.
I left Local 354 Plumbers & Pipe Fitters Pension Fund. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Local 354 Plumbers & Pipe Fitters Pension Fund, (412) 481-1641) or the recordkeeper, Bridgeway Benefit Technologies. The Local 354 Plumbers & Pipe Fitters Pension Fund old 401(k) page lists the contacts from every plan filing. Find an old Local 354 Plumbers & Pipe Fitters Pension Fund 401(k)
Data from the public Form 5500 annual reports Local 354 Plumbers & Pipe Fitters Pension Fund filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Local 354 Plumbers & Pipe Fitters Pension Fund. Not financial advice. Report a correction · Methodology