401(k) · DOL Form 5500 · 2022

Plumbers Local Union No. 1 Employee 401(k) Savings Plan 401(k) Plan

Data updated 2026-08-11

$744M
Total assets
4,764
Participants
99th
Percentile by assets
$156,216
Avg per participant
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Official DOL plan name: Plumbers Local Union No. 1 Employee 401(k) Savings Plan · Sponsored by Plumbers Local Union No. 1 Employee 401(k) Savings Plan · New York · Construction

$744M in assets, 4,764 participants

Plumbers Local Union No. 1 Employee 401(k) Savings Plan's Plumbers Local Union No. 1 Employee 401(k) Savings Plan reported $744M in total assets and 4,764 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,126 plans)
  • #9,784 in Construction (9,927 peers)

Coverage in New York

Plumbers Local Union No. 1 Employee 401(k) Savings Plan covers 4,764 participants in New York, 6.0x the typical New York plan (state average ~798 per filing). Assets: $744M.

$744M
total plan assets (2022 EOY)
4,764
covered participants
99th
percentile by assets (of 139,126 plans)
$156,216
avg assets per participant

The plan reported a net loss of $133M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Plumbers Local Union No. 1 Employee 401(k) Savings Plan reports 4,764 participants - 6.0x that state average ($744M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$877M
Net Assets (End of Year)$744M
Net Income-$133M
Employer EIN133877439
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers Local Union No. 1 Employee 401(k) Savings Plan)

$700M$800M$900M$1,000M 202220232024 $744M $961M ▲ +29.2%
Total plan assets by year, all Plumbers Local Union No. 1 Employee 401(k) Savings Plan plans on file
Year Plans Participants Total Assets
2022 1 4,764 $744M
2023 1 4,724 $873M
2024 1 4,638 $961M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Plumbers Local Union No. 1 Employee 401(k) Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants

Plumbers Local Union No. 1 Employee 401(k) Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Plumbers Local Union…IBM 401 (K) Plus PlanMorgan Stanley 401(k…The Pepsico Savings …Deloitte 401(k) PlanThe Goldman Sachs 40…
Plumbers Local Union No. 1 Employee 401(k) Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Plumbers Local Union No. 1 Employee 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers Local Union No. 1 Employee 401(k) Savings Plan assets move in 2022?
Plumbers Local Union No. 1 Employee 401(k) Savings Plan declined sharply - down 15.2% during 2022, from $877M to $744M. Reported net income was -$133M.
How have Plumbers Local Union No. 1 Employee 401(k) Savings Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers Local Union No. 1 Employee 401(k) Savings Plan's sponsor-wide assets grew 29.2%, from $744M to $961M.
Where does Plumbers Local Union No. 1 Employee 401(k) Savings Plan rank by assets among Form 5500 filers?
Plumbers Local Union No. 1 Employee 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Plumbers Local Union No. 1 Employee 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Sutter Medical Group 401(k) Profit Sharing Plan in CA ($745M, 1,274 participants).

Next read for Plumbers Local Union No. 1 Employee 401(…

Filing takeaways

Ways to act on Plumbers Local Union No. 1 Employee 401(k) Savings Plan's numbers.

  • By total assets, Plumbers Local Union No. 1 Employee 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
  • Plumbers Local Union No. 1 Employee 401(k) Savings Plan's sponsor-wide assets have grown 29.2% since 2022 across 3 plan years on file. More Construction plans