Profit Sharing · DOL Form 5500 · 2022
Board of Trustees Steamfitters Surety Fund Local 475 Profit Sharing Plan
Data updated 2026-08-11
- $152M
- Total assets
- 1,615
- Participants
- 95th
- Percentile by assets
- $94,276
- Avg per participant
Official DOL plan name: Steamfitters Surety Fund Local Union No 475 · Sponsored by Board of Trustees Steamfitters Surety Fund Local 475 · New Jersey · Construction
$152M in assets, 1,615 participants
Board of Trustees Steamfitters Surety Fund Local 475's Steamfitters Surety Fund Local Union No 475 reported $152M in total assets and 1,615 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 139,126 plans)
- #9,301 in Construction (9,927 peers)
Where Steamfitters Surety Fund Local Union No 475 sits by assets
Steamfitters Surety Fund Local Union No 475 sits in the top 5% of all filed plans by assets, $152M for 1,615 participants (~$94,276/participant), down 6.3% in 2022.
- $152M
- total plan assets (2022 EOY)
- 1,615
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $94,276
- 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.
Steamfitters Surety Fund Local Union No 475 vs the 2022 asset distribution
By assets, Steamfitters Surety Fund Local Union No 475 outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $163M |
|---|---|
| Net Assets (End of Year) | $152M |
| Net Income | -$10M |
| Employer EIN | 222351695 |
| Plan Effective Date | 1980-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Steamfitters Surety Fund Local 475)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,615 | $152M |
| 2023 | 1 | 1,432 | $165M |
| 2024 | 1 | 1,484 | $175M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Steamfitters Surety Fund Local Union No 475 vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.2B · 2,189
- Princeton University Retirement Plan $1.8B · 8,141
- Operating Engineers Local 825 Profit Sharing Fund $1.3B · 10,006
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.3B · 8,556
- IBEW Local Union No 102 Surety Plan $593M · 3,061
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Steamfitters Surety Fund Local Union No 475 by total assets, not by location.
- International Brotherhood of Electrical Workers Local Union No. 99 Annuity Plan (RI) $153M · 1,039
- Southeast Georgia Health System, Inc. 403(b) Retirement Savings Plan (GA) $154M · 2,400
- Scot Industries, Inc. Profit Sharing Trust (TX) $154M · 789
- TACK (PA) $150M · 13,008
Frequently Asked Questions
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Scale reading
Ways to act on Steamfitters Surety Fund Local Union No 475's numbers.
- By total assets, Steamfitters Surety Fund Local Union No 475 ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
- Board of Trustees Steamfitters Surety Fund Local 475's sponsor-wide assets have grown 14.7% since 2022 across 3 plan years on file. More Construction plans