Profit Sharing · DOL Form 5500 · 2024

Board of Trustees - Plumbers and Steamfitters Local Union No. 538 Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
331
Participants Below avg headcount
38th
Percentile by assets National rank
$11,925
Avg per participant Low balance/head
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Official DOL plan name: Plumbers and Steamfitters Local Union No. 538 Annuity Fund · Sponsored by Board of Trustees - Plumbers and Steamfitters Local Union No. 538 · Tennessee · Construction

$4M in assets, 331 participants

Board of Trustees - Plumbers and Steamfitters Local Union No. 538's Plumbers and Steamfitters Local Union No. 538 Annuity Fund reported $4M in total assets and 331 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • #3,325 in Construction (9,039 peers)

Coverage in Tennessee

Plumbers and Steamfitters Local Union No. 538 Annuity Fund covers 331 participants in Tennessee, about 29% of the average Tennessee filer (state average ~1,126 per filing). Assets: $4M.

#3,325
in Construction (9,039 peers)
+44.1%
assets growth YoY

Plumbers and Steamfitters Local Union No. 538 Annuity Fund's mid-pack asset rank among Construction and all filers

Plumbers and Steamfitters Local Union No. 538 Annuity Fund vs every filed plan by assets

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

$3,947,249 38th percentile higher than 38% 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

Plumbers and Steamfitters Local Union No. 538 Annuity Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plumbers and Steamfitters Local Union No. 538 Annuity Fund sits mid-pack in the medium band (331 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers and Steamfitters Local Union No. 538 Annuity Fund end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Plumbers and Steamfitters Local Union No. 538 Annuity Fund reported net income rose from $957K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Plumbers and Steamfitters Local Union No. 538 Annuity Fund reported participants rose from 320 in the plan year 2023 filing to 331 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 861903667 · Board of Trustees - Plumbers and Steamfitters Local Union No. 538 PY 2024 · Profit Sharing

Plumbers and Steamfitters Local Union No. 538 Annuity Fund · $4M · 331 · 38th

  • ASSETS $4M
  • PCT 331
  • EIN 38th
  • RANK Profit Sharing
  • PHOTO near Haid Ventures Inc. Retirement Plan
  • IND ind #3325

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 Tennessee →

Plumbers and Steamfitters Local Union No. 538 Annuity Fund in the asset neighbourhood

Plumbers and Steamfitters Local Union No. 538 Annuity FundPlumbers and Steamfitters Lo…$4MHaid Ventures Inc. Retirement PlanHaid Ventures Inc. Retiremen…$4MMaram Zakko, M.D. Profit Sharing PlanMaram Zakko, M.D. Profit Sha…$4MJay L. Liss, Inc. Employee Profit Sharing PlanJay L. Liss, Inc. Employee P…$4MDavid Hockney Self Employed Retirement PlanDavid Hockney Self Employed …$4M
End-of-year total assets ($M) among Plumbers and Steamfitters Local Union No. 538 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$1M
Employer EIN861903667
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Plumbers and Steamfitters Local Union No. 538)

Sponsor-wide plan assets over time

All Board of Trustees - Plumbers and Steamfitters Local Union No. 538 plans reported in each filing year

Latest sponsor-wide plan assets
$4M 118.545762987759% vs 2022
2024 filing year
$1M$2M$3M$4M$5M 202220232024 $1.81M $3.95M ▲ +118.2%
Year Plans Participants Total Assets
2022 1 214 $2M
2023 1 320 $3M
2024 1 331 $4M

Nearby Profit Sharing Plans in Tennessee

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

Plumbers and Steamfitters Local Union No. 538 Annuity Fund vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants Plumbers and Steamfitters Local Union No. 538 Annuity Fund, Total assets ($M): 3.947249 · Participants: 331Plumbers and Steamfitters Local Union No. 538 Annuity FundBallad Health 401(a) Plan, Total assets ($M): 486.286208 · Participants: 4963Ballad Health 401(a) PlanShreveport Electrical Industry Profit Sharing Plan, Total assets ($M): 95.199644 · Participants: 527Shreveport Electrical Industry Profit Sharing PlanNew Orleans Electrical Annuity Plan, Total assets ($M): 88.353304 · Participants: 1393New Orleans Electrical Annuity PlanUlps Employee Savings Plan, Total assets ($M): 78.101983 · Participants: 236Ulps Employee Savings PlanThompson Machinery Commerce Corp Profit Sharing Plan, Total assets ($M): 57.665281 · Participants: 944Thompson Machinery Commerce Corp Profit Sharing Plan
Plumbers and Steamfitters Local Union No. 538 Annuity Fund vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
Compare Plumbers and Steamfitters Local Union No. 538 Annuity Fund side-by-side with 3 peers →

Plumbers and Steamfitters Local Union No. 538 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Tennessee, the nearest Profit Sharing by assets is Haid Ventures Inc. Retirement Plan in OH ($4M); by covered participants it is United Center Joint Venture 401(k) and Supplemental Retirement Plan in IL (331 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (331 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 Plumbers and Steamfitters Local Union No. 538 Annuity Fund assets move in 2024? ▼
Plumbers and Steamfitters Local Union No. 538 Annuity Fund surged - up 44.1% during 2024, from $3M to $4M. Reported net income was $1M.
How have Board of Trustees - Plumbers and Steamfitters Local Union No. 538 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees - Plumbers and Steamfitters Local Union No. 538's sponsor-wide assets grew 118.5%, from $2M to $4M.
Which Profit Sharing plans are similar in size to Plumbers and Steamfitters Local Union No. 538 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Haid Ventures Inc. Retirement Plan in OH ($4M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Plumbers and Steamfitters Local Union No. 538 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is United Center Joint Venture 401(k) and Supplemental Retirement Plan in IL (331 participants, $24M in assets).

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 861903667.

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.