Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Steamfitters Surety Fund Local 475 Profit Sharing Plan

Data updated 2026-07-24

$175M
Total assets: 1,484
Participants: 94th
Percentile by assets: $117,694
Avg per participant

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.

94th percentile by assets (of 116,472 plans)

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.

$175M
total plan assets (2024 EOY): 1,484
covered participants: 94th
percentile by assets (of 116,472 plans): $117,694
avg assets per participant

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 →

State

New Jersey

Industry

Construction

Steamfitters Surety Fund Local Union No 475 vs the 2024 asset distribution

By assets, Steamfitters Surety Fund Local Union No 475 outranks 94% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.7x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$165M
Net Assets (End of Year)	$174M
Net Income	$9M
Employer EIN	222351695
Plan Effective Date	1980-05-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Board of Trustees Steamfitters Surety Fund Local 475 plans on file

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

Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,666
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.6B · 8,865
IBEW Local Union No 102 Surety Plan $685M · 2,382
Kpmg Partner Retirement Savings Plan $524M · 1,704
Cooper Health System, Inc. Defined Contribution Retirement Plan $359M · 7,208

Compare Steamfitters Surety Fund Local Union No … side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Steamfitters Surety Fund Local Union No 475 by total assets, not by location.

St. Lawrence Health System 403(b) Retirement Plan (NY) $173M · 2,152
Southern Ohio Medical Center Retirement Savings Program (OH) $173M · 3,112
Local 550 Annuity Plan (MA) $173M · 783
Sheet Metal Workers' Local 33 Profit Sharing Annuity Plan (OH) $176M · 3,783

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 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 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).

Next read for Steamfitters Surety Fund Local Union No …

Scale reading

Ways to act on Steamfitters Surety Fund Local Union No 475's numbers.

By total assets, Steamfitters Surety Fund Local Union No 475 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 New Jersey. Compare plans
Board of Trustees Steamfitters Surety Fund Local 475's sponsor-wide assets have grown 14.7% 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 222351695.

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.