Profit Sharing · DOL Form 5500 · 2022

Plumbers and Gasfitters Local 5 Retirement Savings Fund Profit Sharing Plan

Data updated 2026-08-11

$100M
Total assets
1,988
Participants
93rd
Percentile by assets
$50,438
Avg per participant
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Official DOL plan name: Plumbers and Gasfitters Local 5 Retirement Savings Plan · Sponsored by Plumbers and Gasfitters Local 5 Retirement Savings Fund · Maryland · Construction

$100M in assets, 1,988 participants

Plumbers and Gasfitters Local 5 Retirement Savings Fund's Plumbers and Gasfitters Local 5 Retirement Savings Plan reported $100M in total assets and 1,988 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 139,126 plans)
  • #9,086 in Construction (9,927 peers)

Coverage in Maryland

Plumbers and Gasfitters Local 5 Retirement Savings Plan covers 1,988 participants in Maryland, 2.1x the typical Maryland plan (state average ~929 per filing). Assets: $100M.

$100M
total plan assets (2022 EOY)
1,988
covered participants
93rd
percentile by assets (of 139,126 plans)
$50,438
avg assets per participant

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Plumbers and Gasfitters Local 5 Retirement Savings Plan reports 1,988 participants - 2.1x that state average ($100M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$123M
Net Assets (End of Year)$100M
Net Income-$22M
Employer EIN522124369
Plan Effective Date1998-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers and Gasfitters Local 5 Retirement Savings Fund)

$80M$100M$120M$140M$160M 202220232024 $100M $144M ▲ +43.4%
Total plan assets by year, all Plumbers and Gasfitters Local 5 Retirement Savings Fund plans on file
Year Plans Participants Total Assets
2022 1 1,988 $100M
2023 1 2,043 $122M
2024 1 2,075 $144M

Nearby Profit Sharing Plans in Maryland

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Plumbers and Gasfitters Local 5 Retirement Savings Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Plumbers and Gasfitters Local 5 Retirement Savings Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants Scatter plot of 6 data points. 050001000015000200002500030000 -0.500.511.522.5 Total assets ($B) Participants Plumbers and Gasfitt…Sprinkler Industry S…Nfl Player Annuity P…Major League Basebal…International Painte…Nfl Player Capital A…
Plumbers and Gasfitters Local 5 Retirement Savings Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Plumbers and Gasfitters Local 5 Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers and Gasfitters Local 5 Retirement Savings Plan assets move in 2022?
Plumbers and Gasfitters Local 5 Retirement Savings Plan declined sharply - down 18.2% during 2022, from $123M to $100M. Reported net income was -$22M.
How have Plumbers and Gasfitters Local 5 Retirement Savings Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers and Gasfitters Local 5 Retirement Savings Fund's sponsor-wide assets grew 43.4%, from $100M to $144M.
Where does Plumbers and Gasfitters Local 5 Retirement Savings Plan rank by assets among Form 5500 filers?
Plumbers and Gasfitters Local 5 Retirement Savings Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Plumbers and Gasfitters Local 5 Retirement Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is The Adena Health System Defined Contribution Plan in OH ($100M, 3,748 participants).

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Filing takeaways

Ways to act on Plumbers and Gasfitters Local 5 Retirement Savings Plan's numbers.

  • By total assets, Plumbers and Gasfitters Local 5 Retirement Savings 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 Maryland. Compare plans
  • Plumbers and Gasfitters Local 5 Retirement Savings Fund's sponsor-wide assets have grown 43.4% since 2022 across 3 plan years on file. More Construction plans