Profit Sharing · DOL Form 5500 · 2023

Plumbers & Pipefitters Local 625 Profit Sharing Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
985
Participants Near avg headcount
55th
Percentile by assets National rank
$8,422
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Plumbers & Pipefitters Local 625 Local Pension · Sponsored by Plumbers & Pipefitters Local 625 · West Virginia · Construction

$8M in assets, 985 participants

Plumbers & Pipefitters Local 625's Plumbers & Pipefitters Local 625 Local Pension reported $8M in total assets and 985 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #4,775 in Construction (9,030 peers)

Coverage in West Virginia

Plumbers & Pipefitters Local 625 Local Pension covers 985 participants in West Virginia, 2.1x the typical West Virginia plan (state average ~467 per filing). Assets: $8M.

#4,775
in Construction (9,030 peers)
+23.9%
assets growth YoY

Plumbers & Pipefitters Local 625 Local Pension's mid-pack asset rank among Construction and all filers

Plumbers & Pipefitters Local 625 Local Pension vs every filed plan by assets

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

$8,295,283 Top 45% higher than 55% 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 & Pipefitters Local 625 Local Pension 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 & Pipefitters Local 625 Local Pension sits mid-pack in the medium band (985 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plumbers & Pipefitters Local 625 Local Pension reported net income rose from $319K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Plumbers & Pipefitters Local 625 Local Pension end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Plumbers & Pipefitters Local 625 Local Pension reported participants rose from 972 in the plan year 2022 filing to 985 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 550278224 · Plumbers & Pipefitters Local 625 PY 2023 · Profit Sharing

Plumbers & Pipefitters Local 625 Local Pension · $8M · 985 · 55th

  • EOY $8M
  • 5500 985
  • ASSETS 55th
  • PCT Profit Sharing
  • EIN near Lighthouse Masonry, Inc. Retirement Savings Plan
  • RANK ind #4775

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 West Virginia →

Plumbers & Pipefitters Local 625 Local Pension in the asset neighbourhood

Plumbers & Pipefitters Local 625 Local PensionPlumbers & Pipefitters Local…$8MLighthouse Masonry, Inc. Retirement Savings PlanLighthouse Masonry, Inc. Ret…$8MUcp of the North Bay, Inc. 403(b) Retirement PlanUcp of the North Bay, Inc. 4…$8MRay Gokaldas, M.D. a Professional Corporation Profit Sharing PlanRay Gokaldas, M.D. a Profess…$8MX-Treme Care LLC Employee Retirement PlanX-Treme Care LLC Employee Re…$8M
End-of-year total assets ($M) among Plumbers & Pipefitters Local 625 Local Pension and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

West Virginia filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN550278224
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers & Pipefitters Local 625)

Sponsor-wide plan assets over time

All Plumbers & Pipefitters Local 625 plans reported in each filing year

Latest sponsor-wide plan assets
$10M 50.470722037647306% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $6.7M $10.1M ▲ +50.3%
Year Plans Participants Total Assets
2022 1 972 $7M
2023 1 985 $8M
2024 1 1,006 $10M

Nearby Profit Sharing Plans in West Virginia

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

Plumbers & Pipefitters Local 625 Local Pension vs. nearby Profit Sharing plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 050100150200 Total assets ($M) Participants Plumbers & Pipefitters Local 625 Local Pension, Total assets ($M): 8.295283 · Participants: 985Plumbers & Pipefitters Local 625 Local PensionWest Virginia Laborers Profit Sharing Plan, Total assets ($M): 150.972254 · Participants: 5751West Virginia Laborers Profit Sharing PlanInt Brotherhood of Electrical Workers Local 141 Profit Sharing Plan, Total assets ($M): 104.30095 · Participants: 225Int Brotherhood of Electrical Workers Local 141 Profit Sharing PlanI.U.O.E. Local #132 Annuity & Savings Fund, Total assets ($M): 100.212407 · Participants: 7765I.U.O.E. Local #132 Annuity & Savings FundIronworkers Local Union 549 and 550 Security Plan, Total assets ($M): 52.76328 · Participants: 3624Ironworkers Local Union 549 and 550 Security PlanThe Profit Sharing and Retirement Plan for the Mountain Company and the Laurel Management Group, Inc., Total assets ($M): 48.541861 · Participants: 274The Profit Sharing and Retirement Plan for the Mountain Company and the Laurel Management Group, Inc.
Plumbers & Pipefitters Local 625 Local Pension vs. nearby Profit Sharing plans in West Virginia, assets vs. participants

Plumbers & Pipefitters Local 625 Local Pension's out-of-state Profit Sharing peers by assets and headcount

Outside West Virginia, the nearest Profit Sharing by assets is Lighthouse Masonry, Inc. Retirement Savings Plan in MA ($8M); by covered participants it is IBEW Local No 461 Defined Contribution Pension Plan in MI (982 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (985 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 & Pipefitters Local 625 Local Pension assets move in 2023?
Plumbers & Pipefitters Local 625 Local Pension grew sharply - up 23.9% during 2023, from $7M to $8M. Reported net income was $2M.
How have Plumbers & Pipefitters Local 625 plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers & Pipefitters Local 625's sponsor-wide assets grew 50.5%, from $7M to $10M.
Which Profit Sharing plans are similar in size to Plumbers & Pipefitters Local 625 Local Pension?
Among Profit Sharing plans in other states, the closest by assets is Lighthouse Masonry, Inc. Retirement Savings Plan in MA ($8M, 227 participants).
Which Profit Sharing plans cover a similar participant headcount to Plumbers & Pipefitters Local 625 Local Pension?
Among Profit Sharing plans in other states, the closest by covered participants is IBEW Local No 461 Defined Contribution Pension Plan in MI (982 participants, $154M in assets).