Profit Sharing · DOL Form 5500 · 2023

Board of Trustees of Plumbers Local 55 Defined Contribution Retirement Profit Sharing Plan

Data updated 2026-08-11

$33M
Total assets: 704
Participants: 80th
Percentile by assets: $46,642
Avg per participant

Official DOL plan name: Plumbers Local 55 Defined Contribution Retirement Plan · Sponsored by Board of Trustees of Plumbers Local 55 Defined Contribution Retirement · Ohio · Other Services

$33M in assets, 704 participants

Board of Trustees of Plumbers Local 55 Defined Contribution Retirement's Plumbers Local 55 Defined Contribution Retirement Plan reported $33M in total assets and 704 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

80th percentile by assets (of 127,072 plans)
#7,112 in Other Services (7,857 peers)

Where Plumbers Local 55 Defined Contribution Retirement Plan sits by assets

Plumbers Local 55 Defined Contribution Retirement Plan sits in the top quartile of all filed plans by assets, $33M for 704 participants (~$46,642/participant), up 33.3% in 2023.

$33M
total plan assets (2023 EOY): 704
covered participants: 80th
percentile by assets (of 127,072 plans): $46,642
avg assets per participant

Plumbers Local 55 Defined Contribution Retirement Plan reported net income rose from -$125K in the plan year 2022 filing to $8M in the plan year 2023 filing.
Plumbers Local 55 Defined Contribution Retirement Plan end-of-year assets rose from $25M in the plan year 2022 filing to $33M in the plan year 2023 filing.
Plumbers Local 55 Defined Contribution Retirement Plan reported participants rose from 597 in the plan year 2022 filing to 704 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Ohio

Industry

Other Services

Plumbers Local 55 Defined Contribution Retirement Plan vs the 2023 asset distribution

By assets, Plumbers Local 55 Defined Contribution Retirement Plan outranks 80% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$25M
Net Assets (End of Year)	$33M
Net Income	$8M
Employer EIN	204805291
Plan Effective Date	2006-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of Plumbers Local 55 Defined Contribution Retirement)

Total plan assets by year, all Board of Trustees of Plumbers Local 55 Defined Contribution Retirement plans on file

Year	Plans	Participants	Total Assets
2022	1	597	$25M
2023	1	704	$33M
2024	1	828	$41M

Nearby Profit Sharing Plans in Ohio

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

Plumbers Local 55 Defined Contribution Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Cleveland Clinic Investment Pension Plan $1.5B · 48,582
Masterbrand, Inc. Retirement Savings Plan $485M · 7,345
The Employer Retirement Savings Plan- Premier Health Partners $228M · 11,923
Three Rivers Annuity Fund $199M · 1,460
Holzer Health System 401a Profit Sharing Plan $175M · 1,779

Compare Plumbers Local 55 Defined Contribution R… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Plumbers Local 55 Defined Contribution Retirement Plan by total assets, not by location.

Rail Group 401(k) & Profit Sharing Plan (WA) $33M · 1,426
Westamerica Bancorporation Tax-Deferred Profit Sharing Plan (CA) $33M · 606
Heritage Christian Services, Inc. Retirement Plan (NY) $33M · 2,941
Pathology Associates, P.C. Profit Sharing Plan and Trust (AL) $33M · 42

Frequently Asked Questions

How did Plumbers Local 55 Defined Contribution Retirement Plan assets move in 2023? ▼

Plumbers Local 55 Defined Contribution Retirement Plan surged - up 33.3% during 2023, from $25M to $33M. Reported net income was $8M.

How have Board of Trustees of Plumbers Local 55 Defined Contribution Retirement plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of Plumbers Local 55 Defined Contribution Retirement's sponsor-wide assets grew 66.8%, from $25M to $41M.

Where does Plumbers Local 55 Defined Contribution Retirement Plan rank by assets among Form 5500 filers? ▼

Plumbers Local 55 Defined Contribution Retirement Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Plumbers Local 55 Defined Contribution Retirement Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Rail Group 401(k) & Profit Sharing Plan in WA ($33M, 1,426 participants).

Next read for Plumbers Local 55 Defined Contribution R…

Scale reading

Ways to act on Plumbers Local 55 Defined Contribution Retirement Plan's numbers.

By total assets, Plumbers Local 55 Defined Contribution Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Ohio. Compare plans
Board of Trustees of Plumbers Local 55 Defined Contribution Retirement's sponsor-wide assets have grown 66.8% since 2022 across 3 plan years on file. More Other Services plans

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 204805291.