Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Steamfitters Surety Fund Local 475 Profit Sharing Plan

Data updated 2026-08-25

$175M
Total assets Near avg plan size
1,484
Participants Near avg headcount
94th
Percentile by assets National rank
$117,694
Avg per participant Below avg balance/head
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Official DOL plan name: Steamfitters Surety Fund Local Union No 475 · Sponsored by Board of Trustees Steamfitters Surety Fund Local 475 · New Jersey · Construction

$175M in assets, 1,484 participants

Board of Trustees Steamfitters Surety Fund Local 475's Steamfitters Surety Fund Local Union No 475 reported $175M in total assets and 1,484 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,358 in Construction (9,039 peers)

Where Steamfitters Surety Fund Local Union No 475 sits by assets

Steamfitters Surety Fund Local Union No 475 sits in the top 10% of all filed plans by assets, $175M for 1,484 participants (~$117,694/participant), up 5.7% in 2024.

#8,358
in Construction (9,039 peers)
+5.7%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Steamfitters Surety Fund Local Union No 475's outsized position by total assets

Steamfitters Surety Fund Local Union No 475 vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$174,657,569 Top 6% higher than 94% of 123,620 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 2024

Steamfitters Surety Fund Local Union No 475's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Steamfitters Surety Fund Local Union No 475 lands in the large band (1,484 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Steamfitters Surety Fund Local Union No 475 reported net income fell from $13M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Steamfitters Surety Fund Local Union No 475 end-of-year assets rose from $165M in the plan year 2023 filing to $175M in the plan year 2024 filing.
  • Steamfitters Surety Fund Local Union No 475 reported participants rose from 1,432 in the plan year 2023 filing to 1,484 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 222351695 · Board of Trustees Steamfitters Surety Fund Local 475 PY 2024 · Profit Sharing

Steamfitters Surety Fund Local Union No 475 · $175M · 1,484 · 94th

  • 5500 $175M
  • ASSETS 1,484
  • PCT 94th
  • EIN Profit Sharing
  • RANK near St. Lawrence Health System 403(b) Retirement Plan
  • PHOTO ind #8358

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 New Jersey →

Steamfitters Surety Fund Local Union No 475 in the asset neighbourhood

Steamfitters Surety Fund Local Union No 475Steamfitters Surety Fund Loc…$175MSt. Lawrence Health System 403(b) Retirement PlanSt. Lawrence Health System 4…$173MSouthern Ohio Medical Center Retirement Savings ProgramSouthern Ohio Medical Center…$173MLocal 550 Annuity Plan$173MGreenwich Hospital Retirement and Savings PlanGreenwich Hospital Retiremen…$173M
End-of-year total assets ($M) among Steamfitters Surety Fund Local Union No 475 and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$165M
Net Assets (End of Year)$174M
Net Income$9M
Employer EIN222351695
Plan Effective Date1980-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Steamfitters Surety Fund Local 475)

Sponsor-wide plan assets over time

All Board of Trustees Steamfitters Surety Fund Local 475 plans reported in each filing year

Latest sponsor-wide plan assets
$175M 14.713741587221676% vs 2022
2024 filing year
$150M$160M$170M$180M 202220232024 $152M $175M ▲ +14.7%
Year Plans Participants Total Assets
2022 1 1,615 $152M
2023 1 1,432 $165M
2024 1 1,484 $175M

Nearby Profit Sharing Plans in New Jersey

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

Steamfitters Surety Fund Local Union No 475 vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 0123 Total assets ($B) Participants Steamfitters Surety Fund Local Union No 475, Total assets ($B): 0.174657569 · Participants: 1484Steamfitters Surety Fund Local Union No 475Ernst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.537544692 · Participants: 1666Ernst & Young Partnership Retirement (Hr-10) PlanHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.550996804 · Participants: 8865Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.508059789 · Participants: 10365Operating Engineers Local 825 Profit Sharing FundIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.684866455 · Participants: 2382IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.52416742 · Participants: 1704Kpmg Partner Retirement Savings Plan
Steamfitters Surety Fund Local Union No 475 vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Steamfitters Surety Fund Local Union No 475's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is St. Lawrence Health System 403(b) Retirement Plan in NY ($173M); by covered participants it is Meadville Medical Center Defined Contribution Retirement Plan in PA (1,483 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($175M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,484 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Steamfitters Surety Fund Local Union No 475 assets move in 2024?
Steamfitters Surety Fund Local Union No 475 grew at a solid clip - up 5.7% during 2024, from $165M to $175M. Reported net income was $9M.
How have Board of Trustees Steamfitters Surety Fund Local 475 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Steamfitters Surety Fund Local 475's sponsor-wide assets grew 14.7%, from $152M to $175M.
Where does Steamfitters Surety Fund Local Union No 475 rank by assets among Form 5500 filers?
Steamfitters Surety Fund Local Union No 475 ranks in the 94th percentile by end-of-year assets among 123,622 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 Steamfitters Surety Fund Local Union No 475?
Among Profit Sharing plans in other states, the closest by assets is St. Lawrence Health System 403(b) Retirement Plan in NY ($173M, 2,152 participants).
Which Profit Sharing plans cover a similar participant headcount to Steamfitters Surety Fund Local Union No 475?
Among Profit Sharing plans in other states, the closest by covered participants is Meadville Medical Center Defined Contribution Retirement Plan in PA (1,483 participants, $23M in assets).