401(k) · DOL Form 5500 · 2023

Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan 401(k) Plan

Data updated 2026-08-11

$351M
Total assets
4,161
Participants
97th
Percentile by assets
$84,296
Avg per participant
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Official DOL plan name: Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan · Sponsored by Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan · Maryland · Construction

$351M in assets, 4,161 participants

Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan's Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan reported $351M in total assets and 4,161 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #8,669 in Construction (9,030 peers)

Coverage in Maryland

Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan covers 4,161 participants in Maryland, 4.5x the typical Maryland plan (state average ~929 per filing). Assets: $351M.

$351M
total plan assets (2023 EOY)
4,161
covered participants
97th
percentile by assets (of 127,072 plans)
$84,296
avg assets per participant

Where Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan sits by total assets

Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan vs every filed plan by assets

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

$350,756,335 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan reported net income rose from -$73M in the plan year 2022 filing to $51M in the plan year 2023 filing.
  • Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan reported participants rose from 2,965 in the plan year 2022 filing to 4,161 in the plan year 2023 filing.
  • Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan end-of-year assets rose from $300M in the plan year 2022 filing to $351M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan reports 4,161 participants - 4.5x that state average ($351M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$300M
Net Assets (End of Year)$351M
Net Income$51M
Employer EIN521190205
Plan Effective Date1980-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan)

$250M$300M$350M$400M$450M 202220232024 $300M $392M ▲ +30.7%
Total plan assets by year, all Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan plans on file
Year Plans Participants Total Assets
2022 1 2,965 $300M
2023 1 4,161 $351M
2024 1 4,163 $392M

Nearby 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Plumbers and Steamfi…Lockheed Martin Corp…Marriott Retirement …T. Rowe Price U.S. R…Nfl Player Second Ca…Sodexo 401 (K) Emplo…
Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan assets move in 2023?
Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan grew sharply - up 17.1% during 2023, from $300M to $351M. Reported net income was $51M.
How have Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan's sponsor-wide assets grew 30.7%, from $300M to $392M.
Where does Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan rank by assets among Form 5500 filers?
Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan ranks in the 97th 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 401(k) plans are similar in size to Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Standard Motor Products, Inc. Profit Sharing 401(k) Capital Accumulation Plan in NY ($351M, 1,759 participants).

Next read for Plumbers and Steamfitters Local 486 Seve…

Filing takeaways

Ways to act on Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan's numbers.

  • By total assets, Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Maryland. Compare plans
  • Plumbers and Steamfitters Local 486 Severance and Annuity/401(k) Plan's sponsor-wide assets have grown 30.7% since 2022 across 3 plan years on file. More Construction plans