Ohio › Construction › 500 to 999 participants
Form 5500 statement · plan year 1 May 2024 to 30 Apr 2025
Plumbing and Pipefitting Industry Local 219 Pension Plan
Sponsored by Trustees of Local 219 Pension Trust, Canfield, OH
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Trustees of Local 219 Pension Trust of Canfield, Ohio sponsors Plumbing and Pipefitting Industry Local 219 Pension Plan, a defined benefit pension plan. Its Form 5500 for the plan year ending 30 Apr 2025 shows 641 participants (258 active) and $47.3M in net assets. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $73,812 per participant, below the $86,583 median for defined benefit plans with 500 to 999 participants and well below the $100,593 median for defined benefit plans in construction. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $5.0M for the year ($19,438 per active participant) and benefits paid were $5.6M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 11 service provider organisations paid $5,000 or more, with reported compensation of $264K: $411 per participant, above the same-size median of $377. Administrative expenses charged to the plan were $374K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $29.9M in 2009 to $47.3M in 2024 (up 58%), and participants from 677 to 641 (down 5%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $73,812 | $86,583 | $100,593 | $86,221 |
| Employer contributions per active participant | $19,438 | $10,758 | $13,292 | $10,244 |
| Schedule C compensation per participant | $411 | $377 | $443 | $344 |
| Schedule C compensation, share of net assets | 0.56% | 0.48% | 0.46% | 0.42% |
| Administrative expenses per participant | $583 | $591 | $596 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 500 to 999 participants (873 plans), construction (655) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 641 | $47.3M | $73,811 | $5.0M | — | $264K |
| 2023 | 657 | $44.4M | $67,650 | $4.9M | — | $257K |
| 2022 | 638 | $40.9M | $64,161 | $5.0M | — | $245K |
| 2021 | 643 | $41.6M | $64,630 | $4.6M | — | $231K |
| 2020 | 653 | $43.8M | $67,077 | $4.3M | — | $283K |
| 2019 | 655 | $35.2M | $53,669 | $4.7M | — | $293K |
| 2018 | 657 | $36.7M | $55,848 | $5.1M | — | $320K |
| 2017 | 641 | $34.9M | $54,401 | $4.4M | — | $310K |
| 2016 | 641 | $32.8M | $51,245 | $3.7M | — | $291K |
| 2015 | 648 | $31.0M | $47,900 | $3.6M | — | $303K |
| 2014 | 654 | $34.1M | $52,080 | $4.2M | — | $284K |
| 2013 | 663 | $33.0M | $49,843 | $4.0M | — | $299K |
| 2012 | 667 | $30.5M | $45,724 | $3.7M | — | $259K |
| 2011 | 610 | $29.5M | $48,311 | $3.8M | — | $255K |
| 2010 | 684 | $30.7M | $44,858 | $3.4M | — | $221K |
| 2009 | 677 | $29.9M | $44,157 | $3.6M | — | $228K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$44,446,036
- Employer contributions$5,015,094
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$5,015,094
- Total income, including investment results$8,810,656
- Benefits paid$5,569,844
- Administrative expenses$373,540
- Total expenses$5,943,384
- Net income$2,867,272
- Net transfers$0
- Net assets, end of year$47,313,308
Participants
- Active participants258
- Retired or separated, receiving benefits210
- Retired or separated, entitled to future benefits78
- Total participants, end of year641
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Strategic Capital Investment | Investment management fees paid directly by plan | $64,667 | $0 |
| Benesys | Contract Administrator | $58,982 | $0 |
| Ciuni & Panichi, Inc. | Accounting (including auditing) | $31,130 | $0 |
| Johnson & Krol LLC | Legal | $19,217 | $0 |
| L. Calvin Jones and Co. Inc. | Insurance agents and brokers | $17,053 | $0 |
| Stockbridge Capital Group, LLC | Investment management | $14,295 | $0 |
| Plumbers & Pipefitters 219 Combined | Recordkeeping fees | $14,037 | $0 |
| National Invesment Services | Consulting (general) | $13,163 | $0 |
| Washington Capital Management, Inc. | Investment management | $12,507 | $0 |
| PNC Bank | Investment management | $10,058 | $0 |
| American Core Realty Fund, LLC | Investment management | $8,426 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$141,703
- Contract administrator fees$58,982
- Investment advisory and management fees$58,474
- Actuarial fees$54,350
- IQPA audit fees$31,130
- Legal fees$19,217
- Trustee and custodial fees$7,714
- Other trustee fees and expenses$1,970
- Total administrative expenses$373,540
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$36.9M · 77.9%
- Common/collective trusts$8.0M · 16.9%
- Cash (interest and non-interest bearing)$1.7M · 3.6%
- Receivables$712K · 1.5%
- Other investments$19K · 0.0%
- Corporate debt instruments$1,103 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmCiuni & Panichi, Inc.
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 238220: Plumbing, Heating, & Air-Conditioning Contractors.
Similar plans in Ohio
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Bridge, Structural & Ornamental Ironworkers Local 207 Pension Fund | Bridge, Structural & Ornamental Ironworkers Local 207 Pension Fund | 658 | $79.8M | $121,266 |
| Plumbers and Steamfitters Local No. 42 Pension Plan | Board of Trustees of Plumbers and Steamfitters Local No. 42 Pension | 625 | $71.8M | $114,830 |
| Sheet Metal, Air, Rail & Transportation Association Local No. 33 Youngstown District Pension Fund | Board of Trustees Sheet Metal, Air Youngstown District | 670 | $82.7M | $123,409 |
| IBEW Local Union 64 Pension Plan | IBEW Local Union 64 Pension Plan Joint Board of Trades | 624 | $43.1M | $69,100 |
| United Union of Roofers, Waterproofers and Allied Workers, Local No. 44 Pension Plan | United Union of Roofers, Waterproofers and Allied Workers, Local No. | 736 | $98.2M | $133,458 |
| Ohio Local No 1 Operative Plasterers and Cement Masons Pension Fund | BD of Trustees Ohio Local No 1 | 571 | $30.8M | $53,930 |
Defined benefit plans in construction closest in size.
Questions and answers
How big is Plumbing and Pipefitting Industry Local 219 Pension Plan?
641 participants at the end of the plan year ending 30 Apr 2025, of whom 258 were active employees, with net assets of $47,313,308. Among defined benefit plans that places it in the 500 to 999 participants band, which held 873 plans in plan year 2024.
What does Trustees of Local 219 Pension Trust contribute per participant?
The filing reports $5,015,094 in employer contributions for the year, which is $19,438 per active participant; the median for plans of the same type and size was $10,758 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $263,535 in compensation to service provider organisations, $411 per participant or 0.56% of net assets. The same-size median among plans reporting any Schedule C compensation was $377 per participant. Administrative expenses on Schedule H were $373,540. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Trustees of Local 219 Pension Trust. Recordkeeping or administration: Benesys and Plumbers & Pipefitters 219 Combined. Investment advisory or management: Stockbridge Capital Group, LLC, Washington Capital Management, Inc. and PNC Bank. The financial statements were audited by Ciuni & Panichi, Inc.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 May 2024 to 30 Apr 2025, received by the Department of Labor on 17 Feb 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 34-6682376, plan 001, received 17 Feb 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.