Profit Sharing · DOL Form 5500 · 2023
Bd of Tees of Steamfitters Lu No 420 Srp Profit Sharing Plan
Data updated 2026-08-11
- $671M
- Total assets
- 6,295
- Participants
- 98th
- Percentile by assets
- $106,602
- Avg per participant
Official DOL plan name: Steamfitters Local Union No. 420 Srp · Sponsored by Bd of Tees of Steamfitters Lu No 420 Srp · Pennsylvania · Construction
$671M in assets, 6,295 participants
Bd of Tees of Steamfitters Lu No 420 Srp's Steamfitters Local Union No. 420 Srp reported $671M in total assets and 6,295 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 127,072 plans)
- #8,847 in Construction (9,030 peers)
Coverage in Pennsylvania
Steamfitters Local Union No. 420 Srp covers 6,295 participants in Pennsylvania, 7.7x the typical Pennsylvania plan (state average ~822 per filing). Assets: $671M.
- $671M
- total plan assets (2023 EOY)
- 6,295
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $106,602
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Steamfitters Local Union No. 420 Srp reported net income rose from -$84M in the plan year 2022 filing to $84M in the plan year 2023 filing.
- Steamfitters Local Union No. 420 Srp end-of-year assets rose from $587M in the plan year 2022 filing to $671M in the plan year 2023 filing.
- Steamfitters Local Union No. 420 Srp reported participants fell from 6,353 in the plan year 2022 filing to 6,295 in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Steamfitters Local Union No. 420 Srp reports 6,295 participants - 7.7x that state average ($671M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $587M |
|---|---|
| Net Assets (End of Year) | $671M |
| Net Income | $84M |
| Employer EIN | 232495379 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bd of Tees of Steamfitters Lu No 420 Srp)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,353 | $587M |
| 2023 | 1 | 6,295 | $671M |
| 2024 | 1 | 6,716 | $728M |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Steamfitters Local Union No. 420 Srp vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
- Eastern Atlantic States Carpenters Annuity Fund $2.1B · 17,441
- University of Pennsylvania Basic Plan $1.7B · 21,016
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.1B · 3,905
- Temple University Health System, Inc. Defined Contribution Retirement Plan $763M · 10,204
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $714M · 2,458
Scale composition for Steamfitters Local Union No. 420 Srp
Steamfitters Local Union No. 420 Srp reports $671M in end-of-year assets across 6,295 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $106,602 per participant (77% of the national average assets-per-participant) . Net income for plan year 2023 was $84M.
This plan identity (EIN 232495379, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $587M to $728M (+24.0%) while covered participants moved from 6,353 to 6,716 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,353 | $587M | Open filing |
| 2023 | 6,295 | $671M | This page |
| 2024 · index core | 6,716 | $728M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Steamfitters Local Union No. 420 Srp (Profit Sharing, $728M, 6,716 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Steamfitters Local Union No. 420 Srp by total assets, not by location.
- St. Luke's Health System Performance Incentive and 401(a) Matching Plan (ID) $672M · 16,714
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund (MA) $679M · 6,360
- Legacy Health Defined Contribution Retirement Plan (OR) $697M · 11,313
- Popular, Inc. Pr Savings and Investment Plan (PR) $701M · 8,134
Frequently Asked Questions
How did Steamfitters Local Union No. 420 Srp assets move in 2023? ▼
How have Bd of Tees of Steamfitters Lu No 420 Srp plan assets changed over time? ▼
Where does Steamfitters Local Union No. 420 Srp rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Steamfitters Local Union No. 420 Srp? ▼
Next read for Steamfitters Local Union No. 420 Srp
Filing takeaways
Ways to act on Steamfitters Local Union No. 420 Srp's numbers.
- By total assets, Steamfitters Local Union No. 420 Srp 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 Pennsylvania. Compare plans
- Bd of Tees of Steamfitters Lu No 420 Srp's sponsor-wide assets have grown 24.0% since 2022 across 3 plan years on file. More Construction plans