Profit Sharing · DOL Form 5500 · 2022
Sprinkler Fitters and Apprentices Local 704 Profit Sharing Plan
Data updated 2026-08-11
- $71M
- Total assets
- 555
- Participants
- 91st
- Percentile by assets
- $128,456
- Avg per participant
Official DOL plan name: Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan · Sponsored by Sprinkler Fitters and Apprentices Local 704 · Michigan · Finance & Insurance
$71M in assets, 555 participants
Sprinkler Fitters and Apprentices Local 704's Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan reported $71M in total assets and 555 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 139,126 plans)
- #7,868 in Finance & Insurance (9,261 peers)
Where Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan sits by assets
Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan sits in the top 10% of all filed plans by assets, $71M for 555 participants (~$128,456/participant), down 12.1% in 2022.
- $71M
- total plan assets (2022 EOY)
- 555
- covered participants
- 91st
- percentile by assets (of 139,126 plans)
- $128,456
- avg assets per participant
The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan vs the 2022 asset distribution
By assets, Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $81M |
|---|---|
| Net Assets (End of Year) | $71M |
| Net Income | -$10M |
| Employer EIN | 352328542 |
| Plan Effective Date | 2008-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sprinkler Fitters and Apprentices Local 704)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 555 | $71M |
| 2023 | 1 | 538 | $86M |
| 2024 | 1 | 495 | $98M |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
- Henry Ford Health System Retirement Savings Plan $1.6B · 15,480
- Construction Industry Retirement Fund of Rockford $475M · 10,395
- Ohio Carpenters' Annuity Plan $371M · 8,330
- IBEW Local 150 Supplemental Pension Fund $248M · 1,286
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $234M · 687
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan by total assets, not by location.
- The Alliance Retirement Plan (MN) $71M · 112
- IBEW Local 712 Profit Sharing Plan (PA) $72M · 1,414
- Kitchell Affiliates Employees' Profit Sharing Plan (AZ) $72M · 558
- Sheet Metal Workers Local 22 - Annuity Fund (NJ) $71M · 239
Frequently Asked Questions
How did Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan assets move in 2022? ▼
How have Sprinkler Fitters and Apprentices Local 704 plan assets changed over time? ▼
Where does Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan? ▼
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Scale reading
Ways to act on Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan's numbers.
- By total assets, Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
- Sprinkler Fitters and Apprentices Local 704's sponsor-wide assets have grown 37.8% since 2022 across 3 plan years on file. More Finance & Insurance plans