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      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
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        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
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      <AuditCommitteeInd>false</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleD documentId="RetDoc2">
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        <DepreciationAmt>704989</DepreciationAmt>
        <BookValueAmt>1100679</BookValueAmt>
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      <EquipmentGrp>
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        <DepreciationAmt>1652045</DepreciationAmt>
        <BookValueAmt>399564</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>1500243</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>PAYROLL LIABILITIES</Desc>
        <Amt>4748</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>4748</TotalLiabilityAmt>
      <FootnoteTextInd>X</FootnoteTextInd>
      <TotalRevEtcAuditedFinclStmtAmt>4363363</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>252443</NetUnrealizedGainsInvstAmt>
      <RevenueNotReportedAmt>252443</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>4110920</RevenueSubtotalAmt>
      <InvestmentExpensesNotIncldAmt>20652</InvestmentExpensesNotIncldAmt>
      <RevenueNotReportedFinclStmtAmt>20652</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>4131572</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>4103586</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>4103586</ExpensesSubtotalAmt>
      <InvestmentExpensesNotIncld2Amt>20652</InvestmentExpensesNotIncld2Amt>
      <ExpensesNotRptFinclStmtAmt>20652</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>4124238</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 3, PART X</FormAndLineReferenceDesc>
        <ExplanationTxt>MANAGEMENT OF THE FUND BELIEVES THAT THE FUND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS IN ORDER TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
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      <SeverancePaymentInd>false</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>JEREMY LINDQUIST</PersonNm>
        <TitleTxt>TRAINING DIRECTOR</TitleTxt>
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        <DeferredCompensationFlngOrgAmt>33878</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>21112</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>180954</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>JAMES BIRD</PersonNm>
        <TitleTxt>INSTRUCTOR</TitleTxt>
        <BaseCompensationFilingOrgAmt>117262</BaseCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>33878</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>21112</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>172252</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>LEE GARD</PersonNm>
        <TitleTxt>INSTRUCTOR</TitleTxt>
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        <DeferredCompensationFlngOrgAmt>33878</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>21112</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>172252</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>CHRIS ONSTOT</PersonNm>
        <TitleTxt>INSTRUCTOR</TitleTxt>
        <BaseCompensationFilingOrgAmt>117262</BaseCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>33878</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>21112</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>172252</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>BRIAN PATTON</PersonNm>
        <TitleTxt>INSTRUCTOR</TitleTxt>
        <BaseCompensationFilingOrgAmt>117262</BaseCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>33878</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>21112</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>172252</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>JOE SHELTON</PersonNm>
        <TitleTxt>INSTRUCTOR</TitleTxt>
        <BaseCompensationFilingOrgAmt>117262</BaseCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>33878</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>21112</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>172252</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc4">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD MEMBERS ARE PROVIDED A COPY OF THE FORM 990 TO REVIEW BEFORE THE FORM 990 IS ELECTRONICALLY FILED WITH THE IRS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>COMPENSATION IS BASED ON THE COLLECTIVE BARGAINING AGREEMENT AND REVIEWED BY THE BOARD ANNUALLY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>COMPENSATION IS BASED ON THE COLLECTIVE BARGAINING AGREEMENT AND REVIEWED BY THE BOARD ANNUALLY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990 IS AVAILABLE UPON REQUEST AT THE FUND'S OFFICE.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
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          <BusinessNameLine1Txt>PLUMBERS &amp; STEAM LOCAL 33 H&amp;W FD</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>2501 BELL AVENUE</AddressLine1Txt>
          <CityNm>DES MOINES</CityNm>
          <StateAbbreviationCd>IA</StateAbbreviationCd>
          <ZIPCd>50321</ZIPCd>
        </USAddress>
        <EIN>420930021</EIN>
        <PrimaryActivitiesTxt>HW PLAN</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>IA</LegalDomicileStateCd>
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        <ControlledOrganizationInd>false</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>PLUMBERS &amp; STEAM LOCAL 33 PENSION</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>2501 BELL AVENUE</AddressLine1Txt>
          <CityNm>DES MOINES</CityNm>
          <StateAbbreviationCd>IA</StateAbbreviationCd>
          <ZIPCd>50321</ZIPCd>
        </USAddress>
        <EIN>426086687</EIN>
        <PrimaryActivitiesTxt>PENSION PL</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>IA</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>401A</ExemptCodeSectionTxt>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <ControlledOrganizationInd>false</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
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      <GiftGrntOrCapContriToOthOrgInd>false</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>false</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>false</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>false</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>false</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>false</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>false</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>false</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>false</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>false</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>true</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>false</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>false</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>false</TransferFromOtherOrgInd>
    </IRS990ScheduleR>
  </ReturnData>
</Return>