Texas › Construction › 250 to 499 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
Greenville Plumbers & Pipefitters Pension Fund
Sponsored by Greenville Plumbers & Pipefitters Pension Fund, Sugar Land, TX
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.
Greenville Plumbers & Pipefitters Pension Fund of Sugar Land, Texas sponsors Greenville Plumbers & Pipefitters Pension Fund, a defined benefit pension plan. Its Form 5500 for the plan year ending 30 Jun 2025 shows 434 participants and $35.7M in net assets. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $82,320 per participant, below the $87,254 median for defined benefit plans with 250 to 499 participants and 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.
Schedule C lists 6 service provider organisations paid $5,000 or more, with reported compensation of $209K: $483 per participant, above the same-size median of $413. Administrative expenses charged to the plan were $238K. 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 $19.0M in 2009 to $35.7M in 2024 (up 88%), and participants from 842 to 434 (down 48%).
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 | $82,320 | $87,254 | $100,593 | $86,221 |
| Employer contributions per active participant | — | $11,032 | $13,292 | $10,244 |
| Schedule C compensation per participant | $483 | $413 | $443 | $344 |
| Schedule C compensation, share of net assets | 0.59% | 0.51% | 0.46% | 0.42% |
| Administrative expenses per participant | $548 | $596 | $596 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 250 to 499 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 | 434 | $35.7M | $82,320 | — | — | $209K |
| 2023 | 441 | $36.0M | $81,683 | — | — | $220K |
| 2022 | 486 | $36.5M | $75,121 | — | — | $246K |
| 2021 | 485 | $15.1M | $31,221 | $0 | $0 | $216K |
| 2020 | 505 | $19.5M | $38,683 | $0 | — | $218K |
| 2019 | 530 | $17.0M | $32,151 | $0 | — | $269K |
| 2018 | 533 | $17.8M | $33,338 | $0 | — | $298K |
| 2017 | 539 | $18.8M | $34,798 | $306K | — | $397K |
| 2016 | 564 | $19.4M | $34,459 | $469K | — | $341K |
| 2015 | 570 | $19.0M | $33,279 | $543K | — | $362K |
| 2013 | 584 | $22.7M | $38,926 | $678K | — | $330K |
| 2012 | 595 | $20.7M | $34,746 | $692K | — | $262K |
| 2011 | 724 | $19.4M | $26,760 | $887K | — | $252K |
| 2010 | 757 | $21.3M | $28,094 | $547K | — | $344K |
| 2009 | 842 | $19.0M | $22,565 | $313K | — | $373K |
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$36,022,036
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions—
- Total income, including investment results$2,164,922
- Benefits paid$2,222,091
- Administrative expenses$237,857
- Total expenses$2,459,948
- Net income−$295,026
- Net transfers$0
- Net assets, end of year$35,727,010
Participants
- Active participants—
- Retired or separated, receiving benefits254
- Retired or separated, entitled to future benefits96
- Total participants, end of year434
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Morgan Stanley Smith Barney | Custodial (securities); Investment advisory (plan); Securities brokerage; Other services | $74,619 | $0 |
| Zenith American Solutions | Contract Administrator | $60,000 | $0 |
| Horizon Actuarial Services | Actuarial; Consulting (pension) | $42,738 | $0 |
| Legacy Professionals LLP | Accounting (including auditing) | $19,000 | $0 |
| Wells Fargo Bank NA | Custodial (other than securities) | $7,881 | $0 |
| Quinn, Connor, Weaver, Davies & Rou | Legal | $5,166 | $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
- Investment advisory and management fees$74,619
- Contract administrator fees$60,000
- Actuarial fees$42,738
- Other administrative expenses$28,453
- IQPA audit fees$19,000
- Trustee and custodial fees$7,881
- Legal fees$5,166
- Total administrative expenses$237,857
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.
- Receivables$20.7M · 57.8%
- Corporate stocks$7.3M · 20.5%
- Registered investment companies (mutual funds)$4.2M · 11.7%
- U.S. Government securities$2.1M · 5.9%
- Cash (interest and non-interest bearing)$1.5M · 4.1%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmLegacy Professionals LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
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
1HPlan covered by PBGC that was terminated and closed out for PBGC purposes
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 238900: Other Specialty Trade Contractors (including site preparation).
Similar plans in Texas
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| IBEW Local Union No. 527 Pension Plan | Board of Trustees of IBEW Local Union No. 527 Pension Plan | 677 | $11.2M | $16,534 |
| Amended Employees' Pension and Investment Plan of the Hunt Corporation and Related Companies | Aecom | 249 | $8.4M | $33,753 |
| Plumbers & Steamfitters Local 146 Pension Plan | Plumbers & Steamfitters Local 146 Pension Plan | 868 | $54.0M | $62,196 |
| Heat & Frost & Allied Workers No. 21 Pension Plan | International Assoc. of Heat & Frost Insulators & Asbestos Workers No. | 247 | $19.7M | $79,873 |
| Neca-Ibew Local 584 Pension Plan | Neca-Ibew Local 584 Pension Plan | 899 | $46.9M | $52,130 |
| Cement Masons Local Union 681 Pension Plan | Cement Masons Local #681 Pension | 154 | $9.3M | $60,395 |
Defined benefit plans in construction closest in size.
Questions and answers
How big is Greenville Plumbers & Pipefitters Pension Fund?
434 participants at the end of the plan year ending 30 Jun 2025, with net assets of $35,727,010. Among defined benefit plans that places it in the 250 to 499 participants band, which held 873 plans in plan year 2024.
What does Greenville Plumbers & Pipefitters Pension Fund contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $209,404 in compensation to service provider organisations, $483 per participant or 0.59% of net assets. The same-size median among plans reporting any Schedule C compensation was $413 per participant. Administrative expenses on Schedule H were $237,857. 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 Greenville Plumbers & Pipefitters Pension Fund. Recordkeeping or administration: Zenith American Solutions. Investment advisory or management: Morgan Stanley Smith Barney. Trustee or custodian: Morgan Stanley Smith Barney and Wells Fargo Bank NA. The financial statements were audited by Legacy Professionals 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 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 15 Apr 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 57-6041658, plan 068, received 15 Apr 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.