Profit Sharing · DOL Form 5500 · 2022
Board of Trustees - Steamfitters Local 602 Retirement Savings Plan Profit Sharing Plan
Data updated 2026-08-11
- $365M
- Total assets
- 5,177
- Participants
- 97th
- Percentile by assets
- $70,569
- Avg per participant
Official DOL plan name: Steamfitters Local 602 Retirement Savings Plan Savings Plan · Sponsored by Board of Trustees - Steamfitters Local 602 Retirement Savings Plan · Maryland · Construction
$365M in assets, 5,177 participants
Board of Trustees - Steamfitters Local 602 Retirement Savings Plan's Steamfitters Local 602 Retirement Savings Plan Savings Plan reported $365M in total assets and 5,177 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,126 plans)
- #9,619 in Construction (9,927 peers)
Coverage in Maryland
Steamfitters Local 602 Retirement Savings Plan Savings Plan covers 5,177 participants in Maryland, 5.6x the typical Maryland plan (state average ~929 per filing). Assets: $365M.
- $365M
- total plan assets (2022 EOY)
- 5,177
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $70,569
- avg assets per participant
The plan reported a net loss of $57M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Maryland filers
In Maryland, the average filing covers about 929 participants across 2,484 plans. Steamfitters Local 602 Retirement Savings Plan Savings Plan reports 5,177 participants - 5.6x that state average ($365M EOY assets).
Maryland filing particulars
| Total Assets (Beginning of Year) | $423M |
|---|---|
| Net Assets (End of Year) | $365M |
| Net Income | -$57M |
| Employer EIN | 522187219 |
| Plan Effective Date | 1999-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees - Steamfitters Local 602 Retirement Savings Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,177 | $365M |
| 2023 | 1 | 5,155 | $445M |
| 2024 | 1 | 4,949 | $522M |
Nearby Profit Sharing Plans in Maryland
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Steamfitters Local 602 Retirement Savings Plan Savings Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants
- Sprinkler Industry Supplemental Pension Fund $2.4B · 24,528
- Nfl Player Annuity Program $1.4B · 2,781
- Major League Baseball Players Investment Plan $928M · 4,122
- International Painters and Allied Trades Industry Annuity Plan $614M · 10,013
- Nfl Player Capital Accumulation Plan $460M · 2,732
Scale composition for Steamfitters Local 602 Retirement Savings Plan Savings Plan
Steamfitters Local 602 Retirement Savings Plan Savings Plan reports $365M in end-of-year assets across 5,177 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $70,569 per participant (51% of the national average assets-per-participant) . Net income for plan year 2022 was -$57M.
This plan identity (EIN 522187219, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $365M to $522M (+42.9%) while covered participants moved from 5,177 to 4,949 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,177 | $365M | This page |
| 2023 | 5,155 | $445M | Open filing |
| 2024 · index core | 4,949 | $522M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Steamfitters Local 602 Retirement Savings Plan Savings Plan (Profit Sharing, $522M, 4,949 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Steamfitters Local 602 Retirement Savings Plan Savings Plan by total assets, not by location.
- The Arc New York Affiliated Employers 401(k) Plan (NY) $365M · 5,272
- Ohio Carpenters' Annuity Plan (MI) $371M · 8,330
- Presbyterian Healthcare Services 401(a) Plan (NM) $372M · 11,300
- Sidley Austin LLP Retirement Plan for Partners (IL) $376M · 616
Frequently Asked Questions
How did Steamfitters Local 602 Retirement Savings Plan Savings Plan assets move in 2022? ▼
How have Board of Trustees - Steamfitters Local 602 Retirement Savings Plan plan assets changed over time? ▼
Where does Steamfitters Local 602 Retirement Savings Plan Savings Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Steamfitters Local 602 Retirement Savings Plan Savings Plan? ▼
Next read for Steamfitters Local 602 Retirement Saving…
Filing takeaways
Ways to act on Steamfitters Local 602 Retirement Savings Plan Savings Plan's numbers.
- By total assets, Steamfitters Local 602 Retirement Savings Plan Savings Plan 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 Maryland. Compare plans
- Board of Trustees - Steamfitters Local 602 Retirement Savings Plan's sponsor-wide assets have grown 42.9% since 2022 across 3 plan years on file. More Construction plans