Missouri › Finance and insurance › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jun 2024 to 31 May 2025
Pipe Fitters Local No 533 Pension Plan
Sponsored by Pipe Fitters Local No 533 Pension Plan, Kansas City, MO
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.
Pipe Fitters Local No 533 Pension Plan of Kansas City, Missouri sponsors Pipe Fitters Local No 533 Pension Plan, a defined benefit pension plan. Its Form 5500 for the plan year ending 31 May 2025 shows 2,321 participants (1,235 active) and $330M in net assets. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $142,006 per participant, well above the $87,935 median for defined benefit plans with 1,000 to 4,999 participants and above the $119,983 median for defined benefit plans in finance and insurance. 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 $15.1M for the year ($12,246 per active participant) and benefits paid were $19.3M. 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 9 service provider organisations paid $5,000 or more, with reported compensation of $516K: $222 per participant, well below the same-size median of $325. Administrative expenses charged to the plan were $676K. 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 $149M in 2009 to $330M in 2024 (up 121%), and participants from 1,923 to 2,321 (up 21%).
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 | $142,006 | $87,935 | $119,983 | $86,221 |
| Employer contributions per active participant | $12,246 | $10,593 | $7,849 | $10,244 |
| Schedule C compensation per participant | $222 | $325 | $352 | $344 |
| Schedule C compensation, share of net assets | 0.16% | 0.41% | 0.32% | 0.42% |
| Administrative expenses per participant | $291 | $513 | $433 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,540 plans), finance and insurance (690) 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 | 2,321 | $330M | $142,006 | $15.1M | — | $516K |
| 2023 | 2,242 | $309M | $137,927 | $14.8M | — | $482K |
| 2022 | 2,156 | $281M | $130,558 | $12.4M | — | $498K |
| 2021 | 2,132 | $293M | $137,356 | $11.9M | — | $512K |
| 2020 | 2,146 | $327M | $152,540 | $11.3M | — | $471K |
| 2019 | 2,083 | $274M | $131,386 | $11.8M | — | $449K |
| 2018 | 2,055 | $257M | $124,830 | $11.5M | — | $418K |
| 2017 | 2,025 | $250M | $123,310 | $11.1M | — | $356K |
| 2016 | 2,006 | $240M | $119,564 | $11.6M | — | $365K |
| 2015 | 1,987 | $222M | $111,711 | $11.2M | — | $344K |
| 2014 | 1,988 | $223M | $111,926 | $11.0M | — | $304K |
| 2013 | 1,943 | $211M | $108,699 | $10.3M | — | $298K |
| 2012 | 1,976 | $194M | $98,353 | $9.6M | — | $310K |
| 2011 | 1,980 | $173M | $87,620 | $9.6M | — | $316K |
| 2010 | 1,902 | $174M | $91,517 | $9.9M | — | $328K |
| 2009 | 1,923 | $149M | $77,680 | $10.2M | — | $983K |
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$309,231,996
- Employer contributions$15,123,211
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$15,123,211
- Total income, including investment results$40,371,758
- Benefits paid$19,331,033
- Administrative expenses$676,009
- Total expenses$20,007,042
- Net income$20,364,716
- Net transfers$0
- Net assets, end of year$329,596,712
Participants
- Active participants1,235
- Retired or separated, receiving benefits678
- Retired or separated, entitled to future benefits213
- Total participants, end of year2,321
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Solxsys Administrative Solutions LL | Contract Administrator; Recordkeeping and information management | $167,273 | $0 |
| Blake & Uhlig, P.A. | Legal | $104,387 | $0 |
| Transamerica Retirement Solutions | Actuarial; Claims processing; Recordkeeping and information management; Investment management; Participant communication | $96,000 | $0 |
| United Actuarial Services, Inc. | Actuarial; Consulting (pension) | $85,433 | $0 |
| CliftonLarsonAllen LLP | Accounting (including auditing) | $31,948 | $0 |
| Macomb Business Forms Inc. | Copying and duplicating | $10,215 | $0 |
| Calibre CPA Group PLLC | Accounting (including auditing) | $9,937 | $0 |
| Lees Printing Co., Inc. | Copying and duplicating | $5,505 | $0 |
| Pension Benefit Information, LLC | Direct payment from the plan; Other fees | $5,229 | $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$173,242
- Contract administrator fees$167,844
- Legal fees$104,387
- Investment advisory and management fees$96,000
- Actuarial fees$85,433
- IQPA audit fees$31,948
- Recordkeeping fees$9,937
- Other trustee fees and expenses$7,208
- Trustee and custodial fees$10
- Total administrative expenses$676,009
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)$214M · 64.9%
- Common/collective trusts$112M · 34.0%
- Receivables$3.0M · 0.9%
- Cash (interest and non-interest bearing)$681K · 0.2%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmCliftonLarsonAllen LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $5,000,000
- 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
1BBenefits are primarily flat dollar (includes dollars per year of service)
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 525100: Insurance & Employee Benefit Funds.
Other plans of Pipe Fitters Local No 533 Pension Plan
| Plan | Participants | Net assets |
|---|---|---|
| Pipe Fitters Local No 533 Individual Account Plan | 1,621 | $301M |
Similar plans in Missouri
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Shelter Insurance Employees Retirement Plan | Shelter Mutual Insurance Company | 3,330 | $596M | $179,095 |
| Unite/here 74 Pension Trust Fund | Board of Trustees Unite/here Local 74 Pension Trust Fund | 2,196 | $45.3M | $20,625 |
| Contract Cleaners Service Employees' Pension Plan | Contract Cleaners Service Employees' Pension Trust | 5,054 | $22.7M | $4,499 |
| Commerce Bancshares, Inc. Restated Retirement Plan | Commerce Bancshares, Inc. | 1,820 | $87.0M | $47,817 |
| Carpenters Pension Trust Fund of St. Louis | Trustees of Carpenters Benefit Plans of St. Louis | 27,598 | $3.28B | $118,685 |
| Rga Reinsurance Company Performance Pension Plan | Rga Reinsurance Company | 1,627 | $196M | $120,177 |
Defined benefit plans in finance and insurance closest in size.
Questions and answers
How big is Pipe Fitters Local No 533 Pension Plan?
2,321 participants at the end of the plan year ending 31 May 2025, of whom 1,235 were active employees, with net assets of $329,596,712. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,540 plans in plan year 2024.
What does Pipe Fitters Local No 533 Pension Plan contribute per participant?
The filing reports $15,123,211 in employer contributions for the year, which is $12,246 per active participant; the median for plans of the same type and size was $10,593 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 $515,927 in compensation to service provider organisations, $222 per participant or 0.16% of net assets. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $676,009. 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 Pipe Fitters Local No 533 Pension Plan. Recordkeeping or administration: Solxsys Administrative Solutions LL and Transamerica Retirement Solutions. Investment advisory or management: Transamerica Retirement Solutions. The financial statements were audited by CliftonLarsonAllen LLP. 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 Jun 2024 to 31 May 2025, received by the Department of Labor on 31 Dec 2025. 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 43-6175719, plan 001, received 31 Dec 2025; 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.