Money Purchase · DOL Form 5500 · 2022

Board of Trustees Plumbers & Steamfitters 577 Annuity Plan Money Purchase Plan

Data updated 2026-08-06

$16M
Total assets
297
Participants
73rd
Percentile by assets
$53,326
Avg per participant
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Official DOL plan name: Plumbers & Steamfitters Local 577 Annuity Plan · Sponsored by Board of Trustees Plumbers & Steamfitters 577 Annuity Plan · Kentucky · Construction

$16M in assets, 297 participants

Board of Trustees Plumbers & Steamfitters 577 Annuity Plan's Plumbers & Steamfitters Local 577 Annuity Plan reported $16M in total assets and 297 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • 73rd percentile by assets (of 139,258 plans)
  • #7,286 in Construction (9,938 peers)

Coverage in Kentucky

Plumbers & Steamfitters Local 577 Annuity Plan covers 297 participants in Kentucky, about 45% of the average Kentucky filer (state average ~658 per filing). Assets: $16M.

$16M
total plan assets (2022 EOY)
297
covered participants
73rd
percentile by assets (of 139,258 plans)
$53,326
avg assets per participant
State
Industry

Participants vs Kentucky filers

In Kentucky, the average filing covers about 658 participants across 1,242 plans. Plumbers & Steamfitters Local 577 Annuity Plan reports 297 participants - about 45% of that state average ($16M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN316134953
Plan Effective Date2000-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Plumbers & Steamfitters 577 Annuity Plan)

$95M$100M$105M$110M$115M 20222023 $97.6M $113M â–˛ +15.7%
Total plan assets by year, all Board of Trustees Plumbers & Steamfitters 577 Annuity Plan plans on file
Year Plans Participants Total Assets
2022 2 638 $98M
2023 2 675 $113M

Nearby Money Purchase Plans in Kentucky

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Plumbers & Steamfitters Local 577 Annuity Plan vs. nearby Money Purchase plans in Kentucky, assets vs. participants

Plumbers & Steamfitters Local 577 Annuity Plan vs. nearby Money Purchase plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.522.5 Total assets ($B) Participants Plumbers & Steamfitt…UPS/Ipa Defined Cont…UPS/Ibt Local 2727 D…University of Louisv…Shadwell Farm Retire…International Allian…
Plumbers & Steamfitters Local 577 Annuity Plan vs. nearby Money Purchase plans in Kentucky, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Plumbers & Steamfitters Local 577 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers & Steamfitters Local 577 Annuity Plan assets move in 2022?
Plumbers & Steamfitters Local 577 Annuity Plan grew sharply - up 15.4% during 2022, from $14M to $16M. Reported net income was $2M.
How have Board of Trustees Plumbers & Steamfitters 577 Annuity Plan plan assets changed over time?
Across 2 plan years on file (2022-2023), Board of Trustees Plumbers & Steamfitters 577 Annuity Plan's sponsor-wide assets grew 15.7%, from $98M to $113M.
Which Money Purchase plans are similar in size to Plumbers & Steamfitters Local 577 Annuity Plan?
Among Money Purchase plans in other states, the closest by assets is Brt Apartments Corp. Pension Plan in NY ($16M, 13 participants).

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Filing takeaways

Ways to act on Plumbers & Steamfitters Local 577 Annuity Plan's numbers.