401(k) · DOL Form 5500 · 2024

Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan 401(k) Plan

Data updated 2026-08-11

$84M
Total assets
936
Participants
89th
Percentile by assets
$89,615
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Plumbers Local No 98 Defined Contribution Pension Plan · Sponsored by Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan · Michigan · Construction

$84M in assets, 936 participants

Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan's Plumbers Local No 98 Defined Contribution Pension Plan reported $84M in total assets and 936 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 123,622 plans)
  • #7,899 in Construction (9,039 peers)

Where Plumbers Local No 98 Defined Contribution Pension Plan sits by assets

Plumbers Local No 98 Defined Contribution Pension Plan sits in the top quartile of all filed plans by assets, $84M for 936 participants (~$89,615/participant), up 12.8% in 2024.

$84M
total plan assets (2024 EOY)
936
covered participants
89th
percentile by assets (of 123,622 plans)
$89,615
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers Local No 98 Defined Contribution Pension Plan end-of-year assets rose from $74M in the plan year 2023 filing to $84M in the plan year 2024 filing.
  • Plumbers Local No 98 Defined Contribution Pension Plan reported participants rose from 875 in the plan year 2023 filing to 936 in the plan year 2024 filing.
  • Plumbers Local No 98 Defined Contribution Pension Plan reported net income fell from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Plumbers Local No 98 Defined Contribution Pension Plan vs the 2024 asset distribution

By assets, Plumbers Local No 98 Defined Contribution Pension Plan outranks 89% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$84M
Net Income$10M
Employer EIN383155388
Plan Effective Date1984-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan)

$60M$70M$80M$90M 202220232024 $64.4M $83.9M ▲ +30.3%
Total plan assets by year, all Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 861 $64M
2023 1 875 $74M
2024 1 936 $84M

Nearby 401(k) Plans in Michigan

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

Plumbers Local No 98 Defined Contribution Pension Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Plumbers Local No 98 Defined Contribution Pension Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Plumbers Local No 98…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Plumbers Local No 98 Defined Contribution Pension Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Plumbers Local No 98 Defined Contribution Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers Local No 98 Defined Contribution Pension Plan assets move in 2024?
Plumbers Local No 98 Defined Contribution Pension Plan grew at a solid clip - up 12.8% during 2024, from $74M to $84M. Reported net income was $10M.
How have Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan's sponsor-wide assets grew 30.3%, from $64M to $84M.
Where does Plumbers Local No 98 Defined Contribution Pension Plan rank by assets among Form 5500 filers?
Plumbers Local No 98 Defined Contribution Pension Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Plumbers Local No 98 Defined Contribution Pension Plan?
Among 401(k) plans in other states, the closest by assets is Ssr Mining Inc. 401(k) & Savings Plan in CO ($84M, 577 participants).

Next read for Plumbers Local No 98 Defined Contributio…

Scale reading

Ways to act on Plumbers Local No 98 Defined Contribution Pension Plan's numbers.

  • By total assets, Plumbers Local No 98 Defined Contribution Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan's sponsor-wide assets have grown 30.3% since 2022 across 3 plan years on file. More Construction plans