Profit Sharing · DOL Form 5500 · 2022
Board of Trustees - Steamfitters Local 602 Retirement Savings Plan Profit Sharing Plan
Data updated 2026-08-25
- $365M
- Total assets Above avg plan size
- 5,177
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $70,569
- Avg per participant Below avg balance/head
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.
- #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.
- #9,619
- in Construction (9,927 peers)
- -13.6%
- assets change YoY
- 3.7×
- vs typical plan assets (national mean)
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.
Steamfitters Local 602 Retirement Savings Plan Savings Plan's outsized position by total assets
Steamfitters Local 602 Retirement Savings Plan Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$365,335,293 Top 3% higher than 97% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Steamfitters Local 602 Retirement Savings Plan Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Steamfitters Local 602 Retirement Savings Plan Savings Plan lands in the large band (5,177 participants).
Plan-year Form 5500 strip
Filing strip 522187219 · Board of Trustees - Steamfitters Local 602 Retirement Savings Plan PY 2022 · Profit Sharing
Steamfitters Local 602 Retirement Savings Plan Savings Plan · $365M · 5,177 · 97th
- TYPE $365M
- TYPE 5,177
- TYPE 97th
- TYPE Profit Sharing
- TYPE near The Arc New York Affiliated Employers 401(k) Plan
- TYPE ind #9619
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Maryland →
Steamfitters Local 602 Retirement Savings Plan Savings Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Board of Trustees - Steamfitters Local 602 Retirement Savings Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $522M 42.87582229292038% vs 2022
- 2024 filing year
| 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.
- 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)
Steamfitters Local 602 Retirement Savings Plan Savings Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Maryland, the nearest Profit Sharing by assets is The Arc New York Affiliated Employers 401(k) Plan in NY ($365M); by covered participants it is Fairview Health Services Pension Plan in MN (5,177 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($365M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (5,177 participants); asset peers above are excluded.
- Fairview Health Services Pension Plan (MN) 5,177 · 0 off
- Painting Industry Annuity Fund (NY) 5,164 · 13 off
- Les Schwab Profit Sharing Retirement Plan (OR) 5,197 · 20 off
- Firsthealth of the Carolinas, Inc. Retirement Growth Plan (NC) 5,217 · 40 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.