401(k)
2024 plan-year 401(k) DOL Form 5500

Steamfitters Local 602 Retirement Savings Plan Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Board of Trustees - Steamfitters Local 602 Retirement Savings Plan · Maryland · Construction

What the 2023 filing shows

Steamfitters Local 602 Retirement Savings Plan Savings Plan holds $522M for 4,949 participants — about $105,471 per participant, up 17.3% over the 2024 plan year.

$522M
total plan assets (2024 EOY)
4,949
covered participants
$105,471
avg assets per participant
+17.3%
assets growth YoY
Total Assets (2023)
$522M
Participants
4,949
State
Industry
Construction

What the Filing Says About Steamfitters Local 602 Retirement Savings Plan Savings Plan

Steamfitters Local 602 Retirement Savings Plan Savings Plan is a 401(k) retirement plan sponsored by Board of Trustees - Steamfitters Local 602 Retirement Savings Plan, headquartered in Maryland. As of the 2024 Form 5500 filing, the plan reports $522M in total end-of-year assets and covers 4,949 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 522187219, and the plan has been effective since 1999-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $445M at the beginning of 2024 to $522M at year-end — a gain of 17.3%. Net assets (after liabilities) closed the year at $522M, with reported net income of $77M 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.

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.

Financial Summary (2023)

Total Assets (Beginning of Year)$445M
Total Assets (End of Year)$522M
Net Assets (End of Year)$522M
Net Income$77M
Plan Type401(k)
Employer EIN522187219
Plan Effective Date1999-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Steamfitters Local 602 Retirement Savings Plan)

Year Plans Participants Total Assets
2022 1 5,177 $365M
2023 1 5,155 $445M
2024 1 4,949 $522M

Nearby 401(k) Plans in Maryland

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Frequently Asked Questions

How much money is in the Steamfitters Local 602 Retirement Savings Plan Savings Plan?
As of the 2024 Form 5500 filing, Steamfitters Local 602 Retirement Savings Plan Savings Plan holds $522M in total assets with 4,949 participants. It is sponsored by Board of Trustees - Steamfitters Local 602 Retirement Savings Plan.
What type of plan is Steamfitters Local 602 Retirement Savings Plan Savings Plan?
Steamfitters Local 602 Retirement Savings Plan Savings Plan is a 401(k) plan. It has been effective since 1999-08-01. The plan is filed with the U.S. Department of Labor under EIN 522187219.
Who sponsors the Steamfitters Local 602 Retirement Savings Plan Savings Plan?
Steamfitters Local 602 Retirement Savings Plan Savings Plan is sponsored by Board of Trustees - Steamfitters Local 602 Retirement Savings Plan, located in Maryland. The sponsor's EIN is 522187219 and the plan operates in the Construction industry.
How did Steamfitters Local 602 Retirement Savings Plan Savings Plan perform in 2024?
Steamfitters Local 602 Retirement Savings Plan Savings Plan grew by 17.3% during 2024, moving from $445M to $522M in total assets. Net income was $77M.
Where can I find official filings for Steamfitters Local 602 Retirement Savings Plan Savings Plan?
Official Form 5500 filings for Steamfitters Local 602 Retirement Savings Plan Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 522187219 or plan name at efast.dol.gov.
How does Steamfitters Local 602 Retirement Savings Plan Savings Plan compare to other plans?
You can compare Steamfitters Local 602 Retirement Savings Plan Savings Plan against other 401(k) plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 522187219.

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.