Profit Sharing · DOL Form 5500 · 2023

Board of Trustees - Plumbers and Steamfitters Local Union No. 538 Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
320
Participants Below avg headcount
34th
Percentile by assets National rank
$8,562
Avg per participant Low balance/head
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Official DOL plan name: Plumbers and Steamfitters Local Union No. 538 Annuity Fund · Sponsored by Board of Trustees - Plumbers and Steamfitters Local Union No. 538 · Tennessee · Construction

$3M in assets, 320 participants

Board of Trustees - Plumbers and Steamfitters Local Union No. 538's Plumbers and Steamfitters Local Union No. 538 Annuity Fund reported $3M in total assets and 320 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

  • #2,922 in Construction (9,030 peers)

Coverage in Tennessee

Plumbers and Steamfitters Local Union No. 538 Annuity Fund covers 320 participants in Tennessee, about 28% of the average Tennessee filer (state average ~1,126 per filing). Assets: $3M.

#2,922
in Construction (9,030 peers)
+51.7%
assets growth YoY

Plumbers and Steamfitters Local Union No. 538 Annuity Fund's mid-pack asset rank among Construction and all filers

Plumbers and Steamfitters Local Union No. 538 Annuity Fund vs every filed plan by assets

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

$2,739,832 34th percentile higher than 34% 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 and Steamfitters Local Union No. 538 Annuity Fund 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 and Steamfitters Local Union No. 538 Annuity Fund sits mid-pack in the medium band (320 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plumbers and Steamfitters Local Union No. 538 Annuity Fund end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Plumbers and Steamfitters Local Union No. 538 Annuity Fund reported participants rose from 214 in the plan year 2022 filing to 320 in the plan year 2023 filing.
  • Plumbers and Steamfitters Local Union No. 538 Annuity Fund reported net income fell from $1M in the plan year 2022 filing to $957K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 861903667 · Board of Trustees - Plumbers and Steamfitters Local Union No. 538 PY 2023 · Profit Sharing

Plumbers and Steamfitters Local Union No. 538 Annuity Fund · $3M · 320 · 34th

  • EOY $3M
  • 5500 320
  • ASSETS 34th
  • PCT Profit Sharing
  • EIN near Lightning Inc. Retirement Plan
  • RANK ind #2922

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 Tennessee →

Plumbers and Steamfitters Local Union No. 538 Annuity Fund in the asset neighbourhood

Plumbers and Steamfitters Local Union No. 538 Annuity FundPlumbers and Steamfitters Lo…$3MLightning Inc. Retirement PlanLightning Inc. Retirement Pl…$3MKrass Co. Retirement Plan$3MJames River Interiors Inc Profit Sharing PlanJames River Interiors Inc Pr…$3MAmberoon Inc. Retirement Plan$3M
End-of-year total assets ($M) among Plumbers and Steamfitters Local Union No. 538 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$957K
Employer EIN861903667
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Plumbers and Steamfitters Local Union No. 538)

Sponsor-wide plan assets over time

All Board of Trustees - Plumbers and Steamfitters Local Union No. 538 plans reported in each filing year

Latest sponsor-wide plan assets
$4M 118.545762987759% vs 2022
2024 filing year
$1M$2M$3M$4M$5M 202220232024 $1.81M $3.95M ▲ +118.2%
Year Plans Participants Total Assets
2022 1 214 $2M
2023 1 320 $3M
2024 1 331 $4M

Nearby Profit Sharing Plans in Tennessee

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

Plumbers and Steamfitters Local Union No. 538 Annuity Fund vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants Plumbers and Steamfitters Local Union No. 538 Annuity Fund, Total assets ($M): 2.739832 · Participants: 320Plumbers and Steamfitters Local Union No. 538 Annuity FundBallad Health 401(a) Plan, Total assets ($M): 478.135258 · Participants: 5420Ballad Health 401(a) PlanShreveport Electrical Industry Profit Sharing Plan, Total assets ($M): 87.734816 · Participants: 494Shreveport Electrical Industry Profit Sharing PlanNew Orleans Electrical Annuity Plan, Total assets ($M): 77.298273 · Participants: 1475New Orleans Electrical Annuity PlanUlps Employee Savings Plan, Total assets ($M): 66.606114 · Participants: 237Ulps Employee Savings PlanGerber/Taylor Capital Advisors Profit Sharing Plan, Total assets ($M): 45.840819 · Participants: 40Gerber/Taylor Capital Advisors Profit Sharing Plan
Plumbers and Steamfitters Local Union No. 538 Annuity Fund vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
Compare Plumbers and Steamfitters Local Union No. 538 Annuity Fund side-by-side with 3 peers →

Plumbers and Steamfitters Local Union No. 538 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Tennessee, the nearest Profit Sharing by assets is Lightning Inc. Retirement Plan in TX ($3M); by covered participants it is Southwest Transplant Alliance 401(a) Retirement Plan in TX (320 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (320 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 and Steamfitters Local Union No. 538 Annuity Fund assets move in 2023? ▼
Plumbers and Steamfitters Local Union No. 538 Annuity Fund surged - up 51.7% during 2023, from $2M to $3M. Reported net income was $957K.
How have Board of Trustees - Plumbers and Steamfitters Local Union No. 538 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees - Plumbers and Steamfitters Local Union No. 538's sponsor-wide assets grew 118.5%, from $2M to $4M.
Which Profit Sharing plans are similar in size to Plumbers and Steamfitters Local Union No. 538 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Lightning Inc. Retirement Plan in TX ($3M, 17 participants).
Which Profit Sharing plans cover a similar participant headcount to Plumbers and Steamfitters Local Union No. 538 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Southwest Transplant Alliance 401(a) Retirement Plan in TX (320 participants, $14M 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 861903667.

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.