401(k) · DOL Form 5500 · 2022

Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan 401(k) Plan

Data updated 2026-08-11

$300M
Total assets
2,965
Participants
97th
Percentile by assets
$101,058
Avg per participant
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Official DOL plan name: Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan · Sponsored by Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan · Maryland · Construction

$300M in assets, 2,965 participants

Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan's Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan reported $300M in total assets and 2,965 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)
  • #9,559 in Construction (9,927 peers)

Coverage in Maryland

Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan covers 2,965 participants in Maryland, 3.2x the typical Maryland plan (state average ~929 per filing). Assets: $300M.

$300M
total plan assets (2022 EOY)
2,965
covered participants
97th
percentile by assets (of 139,126 plans)
$101,058
avg assets per participant

The plan reported a net loss of $73M 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 Steamfitters Local 486 Severance and Annuity/401(k) Plan reports 2,965 participants - 3.2x that state average ($300M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$372M
Net Assets (End of Year)$300M
Net Income-$73M
Employer EIN521190205
Plan Effective Date1980-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan)

$250M$300M$350M$400M$450M 202220232024 $300M $392M ▲ +30.7%
Total plan assets by year, all Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan plans on file
Year Plans Participants Total Assets
2022 1 2,965 $300M
2023 1 4,161 $351M
2024 1 4,163 $392M

Nearby 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Plumbers and Steamfi…Lockheed Martin Corp…Marriott Retirement …T. Rowe Price U.S. R…Nfl Player Second Ca…Sodexo 401 (K) Emplo…
Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan assets move in 2022?
Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan declined sharply - down 19.5% during 2022, from $372M to $300M. Reported net income was -$73M.
How have Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan's sponsor-wide assets grew 30.7%, from $300M to $392M.
Where does Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan rank by assets among Form 5500 filers?
Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Hexion Inc. Retirement Savings Plan in OH ($300M, 1,026 participants).

Next read for Plumbers and Steamfitters Local 486 Seve…

Filing takeaways

Ways to act on Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan's numbers.

  • By total assets, Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Maryland. Compare plans
  • Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan's sponsor-wide assets have grown 30.7% since 2022 across 3 plan years on file. More Construction plans