Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Steamfitters Surety Fund Local 475 Profit Sharing Plan

Data updated 2026-08-25

$165M
Total assets Near avg plan size
1,432
Participants Near avg headcount
94th
Percentile by assets National rank
$115,374
Avg per participant Below avg balance/head
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Official DOL plan name: Steamfitters Surety Fund Local Union No 475 · Sponsored by Board of Trustees Steamfitters Surety Fund Local 475 · New Jersey · Construction

$165M in assets, 1,432 participants

Board of Trustees Steamfitters Surety Fund Local 475's Steamfitters Surety Fund Local Union No 475 reported $165M in total assets and 1,432 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,361 in Construction (9,030 peers)

Where Steamfitters Surety Fund Local Union No 475 sits by assets

Steamfitters Surety Fund Local Union No 475 sits in the top 10% of all filed plans by assets, $165M for 1,432 participants (~$115,374/participant), up 8.5% in 2023.

#8,361
in Construction (9,030 peers)
+8.5%
assets growth YoY
1.7×
vs typical plan assets (national mean)

Steamfitters Surety Fund Local Union No 475's outsized position by total assets

Steamfitters Surety Fund Local Union No 475 vs every filed plan by assets

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

$165,215,693 Top 6% higher than 94% 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

Steamfitters Surety Fund Local Union No 475's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Steamfitters Surety Fund Local Union No 475 lands in the large band (1,432 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Steamfitters Surety Fund Local Union No 475 reported net income rose from -$10M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Steamfitters Surety Fund Local Union No 475 reported participants fell from 1,615 in the plan year 2022 filing to 1,432 in the plan year 2023 filing.
  • Steamfitters Surety Fund Local Union No 475 end-of-year assets rose from $152M in the plan year 2022 filing to $165M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 222351695 · Board of Trustees Steamfitters Surety Fund Local 475 PY 2023 · Profit Sharing

Steamfitters Surety Fund Local Union No 475 · $165M · 1,432 · 94th

  • ASSETS $165M
  • PCT 1,432
  • EIN 94th
  • RANK Profit Sharing
  • PHOTO near Edc Retirement Plan
  • IND ind #8361

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 New Jersey →

Steamfitters Surety Fund Local Union No 475 in the asset neighbourhood

Steamfitters Surety Fund Local Union No 475Steamfitters Surety Fund Loc…$165MEdc Retirement Plan$165MNnpp Contractor Capital Accumulation PlanNnpp Contractor Capital Accu…$165MPih Health, Inc. 401(a) Plan$165MGeneral Building Laborers' Local 66 Annuity FundGeneral Building Laborers' L…$164M
End-of-year total assets ($M) among Steamfitters Surety Fund Local Union No 475 and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$152M
Net Assets (End of Year)$165M
Net Income$13M
Employer EIN222351695
Plan Effective Date1980-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Steamfitters Surety Fund Local 475)

Sponsor-wide plan assets over time

All Board of Trustees Steamfitters Surety Fund Local 475 plans reported in each filing year

Latest sponsor-wide plan assets
$175M 14.713741587221676% vs 2022
2024 filing year
$150M$160M$170M$180M 202220232024 $152M $175M ▲ +14.7%
Year Plans Participants Total Assets
2022 1 1,615 $152M
2023 1 1,432 $165M
2024 1 1,484 $175M

Nearby Profit Sharing Plans in New Jersey

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

Steamfitters Surety Fund Local Union No 475 vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 0123 Total assets ($B) Participants Steamfitters Surety Fund Local Union No 475, Total assets ($B): 0.165215693 · Participants: 1432Steamfitters Surety Fund Local Union No 475Ernst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.4875433 · Participants: 1843Ernst & Young Partnership Retirement (Hr-10) PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.438796802 · Participants: 10336Operating Engineers Local 825 Profit Sharing FundHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.401252704 · Participants: 8602Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.637415895 · Participants: 2283IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.529416194 · Participants: 1895Kpmg Partner Retirement Savings Plan
Steamfitters Surety Fund Local Union No 475 vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
Compare Steamfitters Surety Fund Local Union No 475 side-by-side with 3 peers →

Steamfitters Surety Fund Local Union No 475's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Edc Retirement Plan in MA ($165M); by covered participants it is Plan De Ahorro, Inversiones Y Retiro De Empleados De Holsum De Puerto Rico, Inc. in PR (1,437 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($165M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,432 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 Steamfitters Surety Fund Local Union No 475 assets move in 2023? ▼
Steamfitters Surety Fund Local Union No 475 grew at a solid clip - up 8.5% during 2023, from $152M to $165M. Reported net income was $13M.
How have Board of Trustees Steamfitters Surety Fund Local 475 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Steamfitters Surety Fund Local 475's sponsor-wide assets grew 14.7%, from $152M to $175M.
Where does Steamfitters Surety Fund Local Union No 475 rank by assets among Form 5500 filers? ▼
Steamfitters Surety Fund Local Union No 475 ranks in the 94th 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 Steamfitters Surety Fund Local Union No 475? ▼
Among Profit Sharing plans in other states, the closest by assets is Edc Retirement Plan in MA ($165M, 544 participants).
Which Profit Sharing plans cover a similar participant headcount to Steamfitters Surety Fund Local Union No 475? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Plan De Ahorro, Inversiones Y Retiro De Empleados De Holsum De Puerto Rico, Inc. in PR (1,437 participants, $20M in assets).

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 222351695.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.