Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Steamfitters' Industry Supplemental Retirement Profit Sharing Plan

Data updated 2026-08-06

$636M
Total assets
3,691
Participants
98th
Percentile by assets
$172,436
Avg per participant
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Official DOL plan name: Steamfitters' Industry Supplemental Retirement Fund · Sponsored by Board of Trustees Steamfitters' Industry Supplemental Retirement · New York · Construction

$636M in assets, 3,691 participants

Board of Trustees Steamfitters' Industry Supplemental Retirement's Steamfitters' Industry Supplemental Retirement Fund reported $636M in total assets and 3,691 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 126,618 plans)
  • #8,796 in Construction (8,993 peers)

Coverage in New York

Steamfitters' Industry Supplemental Retirement Fund covers 3,691 participants in New York, 4.6x the typical New York plan (state average ~795 per filing). Assets: $636M.

$636M
total plan assets (2023 EOY)
3,691
covered participants
98th
percentile by assets (of 126,618 plans)
$172,436
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Steamfitters' Industry Supplemental Retirement Fund reported net income rose from -$175M in the plan year 2022 filing to $79M in the plan year 2023 filing.
  • Steamfitters' Industry Supplemental Retirement Fund end-of-year assets rose from $558M in the plan year 2022 filing to $636M in the plan year 2023 filing.
  • Steamfitters' Industry Supplemental Retirement Fund reported participants fell from 3,897 in the plan year 2022 filing to 3,691 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Steamfitters' Industry Supplemental Retirement Fund reports 3,691 participants - 4.6x that state average ($636M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$558M
Net Assets (End of Year)$636M
Net Income$79M
Employer EIN133917806
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Steamfitters' Industry Supplemental Retirement)

$500M$550M$600M$650M$700M$750M 202220232024 $558M $724M ▲ +29.9%
Total plan assets by year, all Board of Trustees Steamfitters' Industry Supplemental Retirement plans on file
Year Plans Participants Total Assets
2022 1 3,897 $558M
2023 1 3,691 $636M
2024 1 3,592 $724M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Steamfitters' Industry Supplemental Retirement Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Steamfitters' Industry Supplemental Retirement Fund vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 0.511.522.5 Total assets ($B) Participants Steamfitters' Indust…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
Steamfitters' Industry Supplemental Retirement Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Steamfitters' Industry Supplemental Retirement Fund by total assets, not by location.

Frequently Asked Questions

How did Steamfitters' Industry Supplemental Retirement Fund assets move in 2023?
Steamfitters' Industry Supplemental Retirement Fund grew at a solid clip - up 14.1% during 2023, from $558M to $636M. Reported net income was $79M.
How have Board of Trustees Steamfitters' Industry Supplemental Retirement plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Steamfitters' Industry Supplemental Retirement's sponsor-wide assets grew 29.9%, from $558M to $724M.
Where does Steamfitters' Industry Supplemental Retirement Fund rank by assets among Form 5500 filers?
Steamfitters' Industry Supplemental Retirement Fund ranks in the 98th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Steamfitters' Industry Supplemental Retirement Fund?
Among Profit Sharing plans in other states, the closest by assets is Midwest Operating Engineers Retirement Enhancement in IL ($637M, 16,067 participants).

Next read for Steamfitters' Industry Supplemental Reti…

Filing takeaways

Ways to act on Steamfitters' Industry Supplemental Retirement Fund's numbers.

  • By total assets, Steamfitters' Industry Supplemental Retirement Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
  • Board of Trustees Steamfitters' Industry Supplemental Retirement's sponsor-wide assets have grown 29.9% since 2022 across 3 plan years on file. More Construction plans