Profit Sharing · DOL Form 5500 · 2024

Sprinkler Fitters and Apprentices Local 704 Profit Sharing Plan

Data updated 2026-08-25

$98M
Total assets Below avg plan size
495
Participants Below avg headcount
90th
Percentile by assets National rank
$198,501
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan · Sponsored by Sprinkler Fitters and Apprentices Local 704 · Michigan · Finance & Insurance

$98M in assets, 495 participants

Sprinkler Fitters and Apprentices Local 704's Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan reported $98M in total assets and 495 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,258 in Finance & Insurance (8,549 peers)

Where Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan sits by assets

Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan sits in the top 10% of all filed plans by assets, $98M for 495 participants (~$198,501/participant), up 14.7% in 2024.

#7,258
in Finance & Insurance (8,549 peers)
+14.7%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan's outsized position by total assets

Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan vs every filed plan by assets

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

$98,258,211 Top 10% higher than 90% 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

Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan sits mid-pack in the medium band (495 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan end-of-year assets rose from $86M in the plan year 2023 filing to $98M in the plan year 2024 filing.
  • Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan reported net income fell from $14M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan reported participants fell from 538 in the plan year 2023 filing to 495 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 352328542 · Sprinkler Fitters and Apprentices Local 704 PY 2024 · Profit Sharing

Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan · $98M · 495 · 90th

  • IND $98M
  • EOY 495
  • 5500 90th
  • ASSETS Profit Sharing
  • PCT near Schiff Hardin LLP Professional Retirement Plan I
  • EIN ind #7258

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 Finance & Insurance retirement plans → · Plans in Michigan →

Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan in the asset neighbourhood

Plumbers & Pipefitters Lu No. 74 Annuity FundPlumbers & Pipefitters Lu No…$99MBac Local 3 Ny Individual Account Retirement FundBac Local 3 Ny Individual Ac…$99MGolub Corporation Profit Sharing PlanGolub Corporation Profit Sha…$99MSprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund PlanSprinkler Fitters and Appren…$98MSchiff Hardin LLP Professional Retirement Plan ISchiff Hardin LLP Profession…$98M
End-of-year total assets ($M) among Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$86M
Net Assets (End of Year)$98M
Net Income$13M
Employer EIN352328542
Plan Effective Date2008-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sprinkler Fitters and Apprentices Local 704)

Sponsor-wide plan assets over time

All Sprinkler Fitters and Apprentices Local 704 plans reported in each filing year

Latest sponsor-wide plan assets
$98M 37.82245726121565% vs 2022
2024 filing year
$60M$70M$80M$90M$100M$110M 202220232024 $71.3M $98.3M ▲ +37.8%
Year Plans Participants Total Assets
2022 1 555 $71M
2023 1 538 $86M
2024 1 495 $98M

Nearby Profit Sharing Plans in Michigan

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

Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 00.511.52 Total assets ($B) Participants Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan, Total assets ($B): 0.098258211 · Participants: 495Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.838163362 · Participants: 13461Henry Ford Health System Retirement Savings PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.339745231 · Participants: 1472Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanIron Workers Defined Contribution Pension Fund Plan, Total assets ($B): 0.231623418 · Participants: 5319Iron Workers Defined Contribution Pension Fund PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.229985274 · Participants: 2755NECA-IBEW Memphis Retirement PlanPlumbers and Pipefitters Local Union 520 Annuity Plan, Total assets ($B): 0.219548504 · Participants: 1639Plumbers and Pipefitters Local Union 520 Annuity Plan
Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Schiff Hardin LLP Professional Retirement Plan I in DC ($98M); by covered participants it is New Hope Community, Inc. Retirement Plan in NY (497 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (495 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 Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan assets move in 2024?
Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan grew at a solid clip - up 14.7% during 2024, from $86M to $98M. Reported net income was $13M.
How have Sprinkler Fitters and Apprentices Local 704 plan assets changed over time?
Across 3 plan years on file (2022-2024), Sprinkler Fitters and Apprentices Local 704's sponsor-wide assets grew 37.8%, from $71M to $98M.
Where does Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan rank by assets among Form 5500 filers?
Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan?
Among Profit Sharing plans in other states, the closest by assets is Schiff Hardin LLP Professional Retirement Plan I in DC ($98M, 185 participants).
Which Profit Sharing plans cover a similar participant headcount to Sprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund Plan?
Among Profit Sharing plans in other states, the closest by covered participants is New Hope Community, Inc. Retirement Plan in NY (497 participants, $15M in assets).