Profit Sharing · DOL Form 5500 · 2024
Bd of Tees of Steamfitters Lu No 420 Srp Profit Sharing Plan
Data updated 2026-07-24
- $728M
- Total assets
- 6,716
- Participants
- 98th
- Percentile by assets
- $108,348
- Avg per participant
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.
- 98th percentile by assets (of 116,472 plans)
Coverage in Pennsylvania
Steamfitters Local Union No. 420 Srp covers 6,716 participants in Pennsylvania, 8.1x the typical Pennsylvania plan (state average ~824 per filing). Assets: $728M.
- $728M
- total plan assets (2024 EOY)
- 6,716
- covered participants
- 98th
- percentile by assets (of 116,472 plans)
- $108,348
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Steamfitters Local Union No. 420 Srp reports 6,716 participants - 8.1x that state average ($728M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $671M |
|---|---|
| Net Assets (End of Year) | $727M |
| Net Income | $57M |
| Employer EIN | 232495379 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bd of Tees of Steamfitters Lu No 420 Srp)
| 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
- Eastern Atlantic States Carpenters Annuity Fund $2.2B · 14,807
- University of Pennsylvania Basic Plan $2.0B · 21,954
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.3B · 3,927
- Temple University Health System, Inc. Defined Contribution Retirement Plan $876M · 10,394
- Lehigh Valley Health Network, Inc. Defined Contribution Retirement Plan $630M · 18,994
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Steamfitters Local Union No. 420 Srp by total assets, not by location.
- University of Maryland Medical System 403(b) Retirement Savings Plan (MD) $730M · 19,560
- Steamfitters' Industry Supplemental Retirement Fund (NY) $724M · 3,592
- Nfl Player Capital Accumulation Plan (MD) $707M · 2,693
- Loma Linda University Faculty Medical Group Multiple Employer Retirement Plan (CA) $700M · 3,882
Frequently Asked Questions
How did Steamfitters Local Union No. 420 Srp assets move in 2024? ▼
How have Bd of Tees of Steamfitters Lu No 420 Srp plan assets changed over time? ▼
Where does Steamfitters Local Union No. 420 Srp rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Steamfitters Local Union No. 420 Srp? ▼
Next read for Steamfitters Local Union No. 420 Srp
Filing takeaways
Ways to act on Steamfitters Local Union No. 420 Srp's numbers.
- By total assets, Steamfitters Local Union No. 420 Srp ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- Bd of Tees of Steamfitters Lu No 420 Srp's sponsor-wide assets have grown 24.0% 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 232495379.
Read our methodology - how this data is sourced, computed, and verified.