401(k) · DOL Form 5500 · 2024

128 Plumbing & Heating, Inc. 401(k) Plan

Data updated 2026-05-15

$5M
Total assets
175
Participants
40th
Percentile by assets
$26,239
Avg per participant

Sponsored by 128 Plumbing & Heating, Inc. · Massachusetts · Construction

What the 2024 filing shows

128 Plumbing & Heating, Inc. 401(k) Plan holds $5M for 175 participants - about $26,239 per participant, in the lower half of filed plans by assets, up 74.4% over the 2024 plan year.

$5M
total plan assets (2024 EOY)
175
covered participants
40th
percentile by assets (of 116,472 plans)
$26,239
avg assets per participant
Industry
Construction

401(k) · DOL Form 5500 · 2024

What the Filing Says About 128 Plumbing & Heating, Inc. 401(k) Plan

128 Plumbing & Heating, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by 128 Plumbing & Heating, Inc., headquartered in Massachusetts. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $5M in total end-of-year assets and covers 175 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 043215014, and the plan has been effective since 2022-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets surged from $3M at the beginning of 2024 to $5M at year-end - up 74.4%. Net assets (after liabilities) closed the year at $5M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years 128 Plumbing & Heating, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $1M to $5M, a gain of 346.0%, while reported participants moved from 103 to 175 (+69.9%). The strongest year on file by total sponsor assets was 2024 at $5M; the softest was 2022 at $1M. Year-by-year, sponsor-wide filings show: 2022 - $1M in assets across 1 plan covering 103 participants; 2023 - $3M in assets across 1 plan covering 148 participants; 2024 - $5M in assets across 1 plan covering 175 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank 128 Plumbing & Heating, Inc. 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$5M
Net Assets (End of Year)$5M
Net Income$2M
Plan Type401(k)
Employer EIN043215014
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (128 Plumbing & Heating, Inc.)

Year Plans Participants Total Assets
2022 1 103 $1M
2023 1 148 $3M
2024 1 175 $5M

Nearby 401(k) Plans in Massachusetts

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

Frequently Asked Questions

How much money is in the 128 Plumbing & Heating, Inc. 401(k) Plan?
As of the 2024 Form 5500 filing, 128 Plumbing & Heating, Inc. 401(k) Plan holds $5M in total assets with 175 participants. It is sponsored by 128 Plumbing & Heating, Inc..
What type of plan is 128 Plumbing & Heating, Inc. 401(k) Plan?
128 Plumbing & Heating, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2022-01-01. The plan is filed with the U.S. Department of Labor under EIN 043215014.
Who sponsors the 128 Plumbing & Heating, Inc. 401(k) Plan?
128 Plumbing & Heating, Inc. 401(k) Plan is sponsored by 128 Plumbing & Heating, Inc., located in Massachusetts. The sponsor's EIN is 043215014 and the plan operates in the Construction industry.
How did 128 Plumbing & Heating, Inc. 401(k) Plan perform in 2024?
128 Plumbing & Heating, Inc. 401(k) Plan surged - up 74.4% during 2024, moving from $3M to $5M in total assets. Net income was $2M.

What this filing means

Ways to act on 128 Plumbing & Heating, Inc. 401(k) Plan's numbers.

  • By total assets, 128 Plumbing & Heating, Inc. 401(k) Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • 128 Plumbing & Heating, Inc.'s sponsor-wide assets have grown 346.0% since 2022 across 3 plan years on file. More Construction plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 043215014.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.