Profit Sharing · DOL Form 5500 · 2024

Plumbers and Gasfitters Local 5 Retirement Savings Fund Profit Sharing Plan

Data updated 2026-07-24

$144M
Total assets: 2,075
Participants: 93rd
Percentile by assets: $69,305
Avg per participant

Official DOL plan name: Plumbers and Gasfitters Local 5 Retirement Savings Plan · Sponsored by Plumbers and Gasfitters Local 5 Retirement Savings Fund · Maryland · Construction

$144M in assets, 2,075 participants

Plumbers and Gasfitters Local 5 Retirement Savings Fund's Plumbers and Gasfitters Local 5 Retirement Savings Plan reported $144M in total assets and 2,075 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 116,472 plans)

Coverage in Maryland

Plumbers and Gasfitters Local 5 Retirement Savings Plan covers 2,075 participants in Maryland, 2.1x the typical Maryland plan (state average ~971 per filing). Assets: $144M.

$144M
total plan assets (2024 EOY): 2,075
covered participants: 93rd
percentile by assets (of 116,472 plans): $69,305
avg assets per participant

Plumbers and Gasfitters Local 5 Retirement Savings Plan end-of-year assets rose from $122M in the plan year 2023 filing to $144M in the plan year 2024 filing.
Plumbers and Gasfitters Local 5 Retirement Savings Plan reported net income fell from $22M in the plan year 2023 filing to $21M in the plan year 2024 filing.
Plumbers and Gasfitters Local 5 Retirement Savings Plan reported participants rose from 2,043 in the plan year 2023 filing to 2,075 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Maryland

Industry

Construction

Participants vs Maryland filers

In Maryland, the average filing covers about 971 participants across 2,307 plans. Plumbers and Gasfitters Local 5 Retirement Savings Plan reports 2,075 participants - 2.1x that state average ($144M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)	$122M
Net Assets (End of Year)	$144M
Net Income	$21M
Employer EIN	522124369
Plan Effective Date	1998-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Plumbers and Gasfitters Local 5 Retirement Savings Fund)

Total plan assets by year, all Plumbers and Gasfitters Local 5 Retirement Savings Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	1,988	$100M
2023	1	2,043	$122M
2024	1	2,075	$144M

Nearby Profit Sharing Plans in Maryland

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

Plumbers and Gasfitters Local 5 Retirement Savings Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Sprinkler Industry Supplemental Pension Fund $3.3B · 28,393
Nfl Player Annuity Program $2.0B · 2,745
University of Maryland Medical System 403(b) Retirement Savings Plan $730M · 19,560
Nfl Player Capital Accumulation Plan $707M · 2,693
International Painters and Allied Trades Industry Annuity Plan $644M · 10,721

Compare Plumbers and Gasfitters Local 5 Retireme… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Plumbers and Gasfitters Local 5 Retirement Savings Plan by total assets, not by location.

Medical Center Emergency Services Retirement Savings Thrift Plan (MI) $144M · 76
Dolese Bros. Co. Profit Sharing Plan (OK) $145M · 788
Pillsbury Winthrop Shaw Pittman LLP Retirement Savings Plan No. 2 (CA) $143M · 595
Iuoe Local 57 Annuity Plan (RI) $146M · 948

Frequently Asked Questions

How did Plumbers and Gasfitters Local 5 Retirement Savings Plan assets move in 2024? ▼

Plumbers and Gasfitters Local 5 Retirement Savings Plan grew sharply - up 17.4% during 2024, from $122M to $144M. Reported net income was $21M.

How have Plumbers and Gasfitters Local 5 Retirement Savings Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Plumbers and Gasfitters Local 5 Retirement Savings Fund's sponsor-wide assets grew 43.4%, from $100M to $144M.

Where does Plumbers and Gasfitters Local 5 Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Plumbers and Gasfitters Local 5 Retirement Savings Plan ranks in the 93rd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Plumbers and Gasfitters Local 5 Retirement Savings Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Medical Center Emergency Services Retirement Savings Thrift Plan in MI ($144M, 76 participants).

Next read for Plumbers and Gasfitters Local 5 Retireme…

Filing takeaways

Ways to act on Plumbers and Gasfitters Local 5 Retirement Savings Plan's numbers.

By total assets, Plumbers and Gasfitters Local 5 Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Maryland. Compare plans
Plumbers and Gasfitters Local 5 Retirement Savings Fund's sponsor-wide assets have grown 43.4% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 522124369.

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.