Profit Sharing · DOL Form 5500 · 2023

Bd of Tees of Steamfitters Lu No 420 Srp Profit Sharing Plan

Data updated 2026-08-25

$671M
Total assets Above avg plan size
6,295
Participants Above avg headcount
98th
Percentile by assets National rank
$106,602
Avg per participant Below avg balance/head
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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.

  • #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.

#8,847
in Construction (9,030 peers)
+14.4%
assets growth YoY
6.7×
vs typical plan assets (national mean)

Steamfitters Local Union No. 420 Srp's outsized position by total assets

Steamfitters Local Union No. 420 Srp vs every filed plan by assets

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

$671,059,968 Top 2% higher than 98% 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 Local Union No. 420 Srp'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 Local Union No. 420 Srp lands in the large band (6,295 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 232495379 · Bd of Tees of Steamfitters Lu No 420 Srp PY 2023 · Profit Sharing

Steamfitters Local Union No. 420 Srp · $671M · 6,295 · 98th

  • BOY $671M
  • SCH 6,295
  • EBSA 98th
  • PART Profit Sharing
  • TYPE near St. Luke's Health System Performance Incentive and 401(a) Matching Plan
  • NET ind #8847

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 Pennsylvania →

Steamfitters Local Union No. 420 Srp in the asset neighbourhood

Popular, Inc. Pr Savings and Investment PlanPopular, Inc. Pr Savings and…$701MLegacy Health Defined Contribution Retirement PlanLegacy Health Defined Contri…$697MThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundThe Boston Consulting Group,…$679MSt. Luke's Health System Performance Incentive and 401(a) Matching PlanSt. Luke's Health System Per…$672MSteamfitters Local Union No. 420 SrpSteamfitters Local Union No.…$671M
End-of-year total assets ($M) among Steamfitters Local Union No. 420 Srp and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$587M
Net Assets (End of Year)$671M
Net Income$84M
Employer EIN232495379
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Tees of Steamfitters Lu No 420 Srp)

Sponsor-wide plan assets over time

All Bd of Tees of Steamfitters Lu No 420 Srp plans reported in each filing year

Latest sponsor-wide plan assets
$728M 24.048190677737043% vs 2022
2024 filing year
$550M$600M$650M$700M$750M 202220232024 $587M $728M ▲ +24.0%
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 Scatter plot of 6 data points. 0500010000150002000025000 0.511.522.5 Total assets ($B) Participants Steamfitters Local Union No. 420 Srp, Total assets ($B): 0.671059968 · Participants: 6295Steamfitters Local Union No. 420 SrpEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.13036391 · Participants: 17441Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.71732421 · Participants: 21016University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.126483012 · Participants: 3905International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.763491384 · Participants: 10204Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.71403391 · Participants: 2458Morgan, Lewis & Bockius LLP Defined Contribution Plan
Steamfitters Local Union No. 420 Srp vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare Steamfitters Local Union No. 420 Srp side-by-side with 3 peers →

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's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is St. Luke's Health System Performance Incentive and 401(a) Matching Plan in ID ($672M); by covered participants it is Operating Engineers Local 139 Defined Contribution Annuity Fund in WI (6,242 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,295 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 Local Union No. 420 Srp assets move in 2023? ▼
Steamfitters Local Union No. 420 Srp grew at a solid clip - up 14.4% during 2023, from $587M to $671M. Reported net income was $84M.
How have Bd of Tees of Steamfitters Lu No 420 Srp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bd of Tees of Steamfitters Lu No 420 Srp's sponsor-wide assets grew 24.0%, from $587M to $728M.
Where does Steamfitters Local Union No. 420 Srp rank by assets among Form 5500 filers? ▼
Steamfitters Local Union No. 420 Srp ranks in the 98th percentile by end-of-year assets among 127,072 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 Local Union No. 420 Srp? ▼
Among Profit Sharing plans in other states, the closest by assets is St. Luke's Health System Performance Incentive and 401(a) Matching Plan in ID ($672M, 16,714 participants).
Which Profit Sharing plans cover a similar participant headcount to Steamfitters Local Union No. 420 Srp? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Operating Engineers Local 139 Defined Contribution Annuity Fund in WI (6,242 participants, $34M 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 232495379.

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.