Profit Sharing · DOL Form 5500 · 2023

Plumbers and Gasfitters Local 5 Retirement Savings Fund Profit Sharing Plan

Data updated 2026-08-11

$122M
Total assets: 2,043
Participants: 92nd
Percentile by assets: $59,939
Avg per participant

Official DOL plan name: Plumbers and Gasfitters Local 5 Retirement Savings Plan · Sponsored by Plumbers and Gasfitters Local 5 Retirement Savings Fund · Maryland · Construction

$122M in assets, 2,043 participants

Plumbers and Gasfitters Local 5 Retirement Savings Fund's Plumbers and Gasfitters Local 5 Retirement Savings Plan reported $122M in total assets and 2,043 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#8,217 in Construction (9,030 peers)

Coverage in Maryland

Plumbers and Gasfitters Local 5 Retirement Savings Plan covers 2,043 participants in Maryland, 2.2x the typical Maryland plan (state average ~929 per filing). Assets: $122M.

$122M
total plan assets (2023 EOY): 2,043
covered participants: 92nd
percentile by assets (of 127,072 plans): $59,939
avg assets per participant

Plumbers and Gasfitters Local 5 Retirement Savings Plan reported net income rose from -$22M in the plan year 2022 filing to $22M in the plan year 2023 filing.
Plumbers and Gasfitters Local 5 Retirement Savings Plan end-of-year assets rose from $100M in the plan year 2022 filing to $122M in the plan year 2023 filing.
Plumbers and Gasfitters Local 5 Retirement Savings Plan reported participants rose from 1,988 in the plan year 2022 filing to 2,043 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Maryland

Industry

Construction

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 2,043 participants - 2.2x that state average ($122M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)	$100M
Net Assets (End of Year)	$122M
Net Income	$22M
Employer EIN	522124369
Plan Effective Date	1998-09-01
Filing Status	FILING RECEIVED

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

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

Sprinkler Industry Supplemental Pension Fund $2.6B · 25,150
Nfl Player Annuity Program $1.7B · 2,736
Major League Baseball Players Investment Plan $1.1B · 4,293
International Painters and Allied Trades Industry Annuity Plan $622M · 10,625
Nfl Player Capital Accumulation Plan $617M · 2,701

Compare Plumbers and Gasfitters Local 5 Retireme… side-by-side with 3 peers →

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.

Plumbers & Pipe Fitters Local 354 Pension Fund (PA) $123M · 1,330
Pillsbury Winthrop Shaw Pittman LLP Retirement Savings Plan No. 2 (CA) $123M · 593
Building Laborers Local 310 Annuity Fund (OH) $122M · 1,341
Otterbein University Tax Deferred Annuity and Defined Contribution Retirement Plan (OH) $123M · 765

Frequently Asked Questions

How did Plumbers and Gasfitters Local 5 Retirement Savings Plan assets move in 2023? ▼

Plumbers and Gasfitters Local 5 Retirement Savings Plan grew sharply - up 22.1% during 2023, from $100M to $122M. 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 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Plumbers & Pipe Fitters Local 354 Pension Fund in PA ($123M, 1,330 participants).

Next read for Plumbers and Gasfitters Local 5 Retireme…

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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 522124369.