Profit Sharing · DOL Form 5500 · 2024

Board of Trustees of Plumbers Local 55 Defined Contribution Retirement Profit Sharing Plan

Data updated 2026-07-24

$41M
Total assets
828
Participants
82nd
Percentile by assets
$49,615
Avg per participant
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Official DOL plan name: Plumbers Local 55 Defined Contribution Retirement Plan · Sponsored by Board of Trustees of Plumbers Local 55 Defined Contribution Retirement · Ohio · Other Services

$41M in assets, 828 participants

Board of Trustees of Plumbers Local 55 Defined Contribution Retirement's Plumbers Local 55 Defined Contribution Retirement Plan reported $41M in total assets and 828 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 116,472 plans)

Where Plumbers Local 55 Defined Contribution Retirement Plan sits by assets

Plumbers Local 55 Defined Contribution Retirement Plan sits in the top quartile of all filed plans by assets, $41M for 828 participants (~$49,615/participant), up 25.1% in 2024.

$41M
total plan assets (2024 EOY)
828
covered participants
82nd
percentile by assets (of 116,472 plans)
$49,615
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers Local 55 Defined Contribution Retirement Plan end-of-year assets rose from $33M in the plan year 2023 filing to $41M in the plan year 2024 filing.
  • Plumbers Local 55 Defined Contribution Retirement Plan reported participants rose from 704 in the plan year 2023 filing to 828 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Plumbers Local 55 Defined Contribution Retirement Plan vs the 2024 asset distribution

By assets, Plumbers Local 55 Defined Contribution Retirement Plan outranks 82% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$41M
Net Income$8M
Employer EIN204805291
Plan Effective Date2006-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Plumbers Local 55 Defined Contribution Retirement)

$20M$25M$30M$35M$40M$45M 202220232024 $24.6M $41.1M ▲ +66.8%
Total plan assets by year, all Board of Trustees of Plumbers Local 55 Defined Contribution Retirement plans on file
Year Plans Participants Total Assets
2022 1 597 $25M
2023 1 704 $33M
2024 1 828 $41M

Nearby Profit Sharing Plans in Ohio

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

Plumbers Local 55 Defined Contribution Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Plumbers Local 55 Defined Contribution Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants Plumbers Local 55 De…Cleveland Clinic Inv…Masterbrand, Inc. Re…Worthington Steel, I…The Employer Retirem…Three Rivers Annuity…
Plumbers Local 55 Defined Contribution Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Plumbers Local 55 Defined Contribution Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers Local 55 Defined Contribution Retirement Plan assets move in 2024?
Plumbers Local 55 Defined Contribution Retirement Plan grew sharply - up 25.1% during 2024, from $33M to $41M. Reported net income was $8M.
How have Board of Trustees of Plumbers Local 55 Defined Contribution Retirement plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Plumbers Local 55 Defined Contribution Retirement's sponsor-wide assets grew 66.8%, from $25M to $41M.
Where does Plumbers Local 55 Defined Contribution Retirement Plan rank by assets among Form 5500 filers?
Plumbers Local 55 Defined Contribution Retirement Plan ranks in the 82nd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Plumbers Local 55 Defined Contribution Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Hirevue Retirement Trust in UT ($41M, 356 participants).

Next read for Plumbers Local 55 Defined Contribution R…

Scale reading

Ways to act on Plumbers Local 55 Defined Contribution Retirement Plan's numbers.

  • By total assets, Plumbers Local 55 Defined Contribution Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Ohio. Compare plans
  • Board of Trustees of Plumbers Local 55 Defined Contribution Retirement's sponsor-wide assets have grown 66.8% since 2022 across 3 plan years on file. More Other Services 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 204805291.

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