401(k) · DOL Form 5500 · 2023

Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan 401(k) Plan

Data updated 2026-08-25

$74M
Total assets Below avg plan size
875
Participants Near avg headcount
89th
Percentile by assets National rank
$84,955
Avg per participant Below avg balance/head
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Official DOL plan name: Plumbers Local No 98 Defined Contribution Pension Plan · Sponsored by Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan · Michigan · Construction

$74M in assets, 875 participants

Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan's Plumbers Local No 98 Defined Contribution Pension Plan reported $74M in total assets and 875 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,859 in Construction (9,030 peers)

Where Plumbers Local No 98 Defined Contribution Pension Plan sits by assets

Plumbers Local No 98 Defined Contribution Pension Plan sits in the top quartile of all filed plans by assets, $74M for 875 participants (~$84,955/participant), up 15.5% in 2023.

#7,859
in Construction (9,030 peers)
+15.5%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Plumbers Local No 98 Defined Contribution Pension Plan's outsized position by total assets

Plumbers Local No 98 Defined Contribution Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$74,336,025 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Plumbers Local No 98 Defined Contribution Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plumbers Local No 98 Defined Contribution Pension Plan sits mid-pack in the medium band (875 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plumbers Local No 98 Defined Contribution Pension Plan reported net income rose from -$17M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Plumbers Local No 98 Defined Contribution Pension Plan end-of-year assets rose from $64M in the plan year 2022 filing to $74M in the plan year 2023 filing.
  • Plumbers Local No 98 Defined Contribution Pension Plan reported participants rose from 861 in the plan year 2022 filing to 875 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 383155388 · Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan PY 2023 · 401(k)

Plumbers Local No 98 Defined Contribution Pension Plan · $74M · 875 · 89th

  • PCT $74M
  • PCT 875
  • PCT 89th
  • PCT 401(k)
  • PCT near Ab Car Rental Services Retirement Savings Plan for Bargaining Hourly Employees
  • PCT ind #7859

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 Michigan →

Plumbers Local No 98 Defined Contribution Pension Plan in the asset neighbourhood

Valid Management LLC 401(k) Profit Sharing PlanValid Management LLC 401(k) …$74MPlumbers Local No 98 Defined Contribution Pension PlanPlumbers Local No 98 Defined…$74MAb Car Rental Services Retirement Savings Plan for Bargaining Hourly EmployeesAb Car Rental Services Retir…$74MAsha 401(k) Plan$74MFisher Profit Sharing and Prevailing Wage PlanFisher Profit Sharing and Pr…$74M
End-of-year total assets ($M) among Plumbers Local No 98 Defined Contribution Pension Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$74M
Net Income$10M
Employer EIN383155388
Plan Effective Date1984-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan)

Sponsor-wide plan assets over time

All Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$84M 30.29308986598542% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $64.4M $83.9M ▲ +30.3%
Year Plans Participants Total Assets
2022 1 861 $64M
2023 1 875 $74M
2024 1 936 $84M

Nearby 401(k) Plans in Michigan

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

Plumbers Local No 98 Defined Contribution Pension Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Plumbers Local No 98 Defined Contribution Pension Plan, Total assets ($B): 0.074336025 · Participants: 875Plumbers Local No 98 Defined Contribution Pension PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Plumbers Local No 98 Defined Contribution Pension Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Plumbers Local No 98 Defined Contribution Pension Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Ab Car Rental Services Retirement Savings Plan for Bargaining Hourly Employees in NJ ($74M); by covered participants it is Rite Rug Co. 401(k) Retirement Plan in OH (875 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (875 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Plumbers Local No 98 Defined Contribution Pension Plan assets move in 2023?
Plumbers Local No 98 Defined Contribution Pension Plan grew sharply - up 15.5% during 2023, from $64M to $74M. Reported net income was $10M.
How have Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan's sponsor-wide assets grew 30.3%, from $64M to $84M.
Where does Plumbers Local No 98 Defined Contribution Pension Plan rank by assets among Form 5500 filers?
Plumbers Local No 98 Defined Contribution Pension Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Plumbers Local No 98 Defined Contribution Pension Plan?
Among 401(k) plans in other states, the closest by assets is Ab Car Rental Services Retirement Savings Plan for Bargaining Hourly Employees in NJ ($74M, 4,233 participants).
Which 401(k) plans cover a similar participant headcount to Plumbers Local No 98 Defined Contribution Pension Plan?
Among 401(k) plans in other states, the closest by covered participants is Rite Rug Co. 401(k) Retirement Plan in OH (875 participants, $16M in assets).