Profit Sharing · DOL Form 5500 · 2024

Bd of Tees of Steamfitters Lu No 420 Srp Profit Sharing Plan

Data updated 2026-08-25

$728M
Total assets Above avg plan size
6,716
Participants Above avg headcount
98th
Percentile by assets National rank
$108,348
Avg per participant Below avg balance/head
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Official DOL plan name: Steamfitters Local Union No. 420 Srp · Sponsored by Bd of Tees of Steamfitters Lu No 420 Srp · Pennsylvania · Construction

$728M in assets, 6,716 participants

Bd of Tees of Steamfitters Lu No 420 Srp's Steamfitters Local Union No. 420 Srp reported $728M in total assets and 6,716 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,853 in Construction (9,039 peers)

Coverage in Pennsylvania

Steamfitters Local Union No. 420 Srp covers 6,716 participants in Pennsylvania, 8.2x the typical Pennsylvania plan (state average ~822 per filing). Assets: $728M.

#8,853
in Construction (9,039 peers)
+8.4%
assets growth YoY
7.3×
vs typical plan assets (national mean)

Steamfitters Local Union No. 420 Srp's outsized position by total assets

Steamfitters Local Union No. 420 Srp vs every filed plan by assets

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

$727,663,300 Top 2% higher than 98% 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 Local Union No. 420 Srp'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 Local Union No. 420 Srp lands in the large band (6,716 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Steamfitters Local Union No. 420 Srp reported net income fell from $84M in the plan year 2023 filing to $57M in the plan year 2024 filing.
  • Steamfitters Local Union No. 420 Srp end-of-year assets rose from $671M in the plan year 2023 filing to $728M in the plan year 2024 filing.
  • Steamfitters Local Union No. 420 Srp reported participants rose from 6,295 in the plan year 2023 filing to 6,716 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 232495379 · Bd of Tees of Steamfitters Lu No 420 Srp PY 2024 · Profit Sharing

Steamfitters Local Union No. 420 Srp · $728M · 6,716 · 98th

  • RANK $728M
  • RANK 6,716
  • RANK 98th
  • RANK Profit Sharing
  • RANK near University of Maryland Medical System 403(b) Retirement Savings Plan
  • RANK ind #8853

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 Pennsylvania →

Steamfitters Local Union No. 420 Srp in the asset neighbourhood

University of Maryland Medical System 403(b) Retirement Savings PlanUniversity of Maryland Medic…$730MSteamfitters Local Union No. 420 SrpSteamfitters Local Union No.…$728MSteamfitters' Industry Supplemental Retirement FundSteamfitters' Industry Suppl…$724MNfl Player Capital Accumulation PlanNfl Player Capital Accumulat…$707MLoma Linda University Faculty Medical Group Multiple Employer Retirement PlanLoma Linda University Facult…$700M
End-of-year total assets ($M) among Steamfitters Local Union No. 420 Srp and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$671M
Net Assets (End of Year)$727M
Net Income$57M
Employer EIN232495379
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Tees of Steamfitters Lu No 420 Srp)

Sponsor-wide plan assets over time

All Bd of Tees of Steamfitters Lu No 420 Srp plans reported in each filing year

Latest sponsor-wide plan assets
$728M 24.048190677737043% vs 2022
2024 filing year
$550M$600M$650M$700M$750M 202220232024 $587M $728M ▲ +24.0%
Year Plans Participants Total Assets
2022 1 6,353 $587M
2023 1 6,295 $671M
2024 1 6,716 $728M

Nearby Profit Sharing Plans in Pennsylvania

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

Steamfitters Local Union No. 420 Srp vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 0.511.522.5 Total assets ($B) Participants Steamfitters Local Union No. 420 Srp, Total assets ($B): 0.7276633 · Participants: 6716Steamfitters Local Union No. 420 SrpEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.245462462 · Participants: 14807Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.995663035 · Participants: 21954University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.259021509 · Participants: 3927International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.876135705 · Participants: 10394Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.781454632 · Participants: 2477Morgan, Lewis & Bockius LLP Defined Contribution Plan
Steamfitters Local Union No. 420 Srp vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare Steamfitters Local Union No. 420 Srp side-by-side with 3 peers →

Scale composition for Steamfitters Local Union No. 420 Srp

Steamfitters Local Union No. 420 Srp reports $728M in end-of-year assets across 6,716 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $108,348 per participant (78% of the national average assets-per-participant) . Net income for plan year 2024 was $57M.

This plan identity (EIN 232495379, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $587M to $728M (+24.0%) while covered participants moved from 6,353 to 6,716 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,353 $587M Open filing
2023 6,295 $671M Open filing
2024 · index core 6,716 $728M This page

Steamfitters Local Union No. 420 Srp's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is University of Maryland Medical System 403(b) Retirement Savings Plan in MD ($730M); by covered participants it is Pih Health, Inc. 401(a) Plan in CA (6,747 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,716 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 Local Union No. 420 Srp assets move in 2024? ▼
Steamfitters Local Union No. 420 Srp grew at a solid clip - up 8.4% during 2024, from $671M to $728M. Reported net income was $57M.
How have Bd of Tees of Steamfitters Lu No 420 Srp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bd of Tees of Steamfitters Lu No 420 Srp's sponsor-wide assets grew 24.0%, from $587M to $728M.
Where does Steamfitters Local Union No. 420 Srp rank by assets among Form 5500 filers? ▼
Steamfitters Local Union No. 420 Srp ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Steamfitters Local Union No. 420 Srp? ▼
Among Profit Sharing plans in other states, the closest by assets is University of Maryland Medical System 403(b) Retirement Savings Plan in MD ($730M, 19,560 participants).
Which Profit Sharing plans cover a similar participant headcount to Steamfitters Local Union No. 420 Srp? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Pih Health, Inc. 401(a) Plan in CA (6,747 participants, $194M 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 232495379.

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.