Money Purchase · DOL Form 5500 · 2024
Trustees of Plumbers & Steamfitter Local No 489 Annuity Plan Money Purchase Plan
Data updated 2026-08-11
- $14M
- Total assets
- 183
- Participants
- 63rd
- Percentile by assets
- $76,035
- Avg per participant
Official DOL plan name: Plumbers & Steamfitters Local No 489 Annuity Plan · Sponsored by Trustees of Plumbers & Steamfitter Local No 489 Annuity Plan · Maryland · Construction
$14M in assets, 183 participants
Trustees of Plumbers & Steamfitter Local No 489 Annuity Plan's Plumbers & Steamfitters Local No 489 Annuity Plan reported $14M in total assets and 183 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.
- 63rd percentile by assets (of 123,622 plans)
- #5,531 in Construction (9,039 peers)
Coverage in Maryland
Plumbers & Steamfitters Local No 489 Annuity Plan covers 183 participants in Maryland, about 20% of the average Maryland filer (state average ~929 per filing). Assets: $14M.
- $14M
- total plan assets (2024 EOY)
- 183
- covered participants
- 63rd
- percentile by assets (of 123,622 plans)
- $76,035
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Plumbers & Steamfitters Local No 489 Annuity Plan reported net income fell from $2M in the plan year 2023 filing to $455K in the plan year 2024 filing.
- Plumbers & Steamfitters Local No 489 Annuity Plan end-of-year assets rose from $13M in the plan year 2023 filing to $14M in the plan year 2024 filing.
- Plumbers & Steamfitters Local No 489 Annuity Plan reported participants rose from 179 in the plan year 2023 filing to 183 in the plan year 2024 filing.
Participants vs Maryland filers
In Maryland, the average filing covers about 929 participants across 2,484 plans. Plumbers & Steamfitters Local No 489 Annuity Plan reports 183 participants - about 20% of that state average ($14M EOY assets).
Maryland filing particulars
| Total Assets (Beginning of Year) | $13M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | $455K |
| Employer EIN | 521975410 |
| Plan Effective Date | 1996-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Plumbers & Steamfitter Local No 489 Annuity Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 185 | $12M |
| 2023 | 1 | 179 | $13M |
| 2024 | 1 | 183 | $14M |
Nearby Money Purchase Plans in Maryland
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Plumbers & Steamfitters Local No 489 Annuity Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants
- National Electrical Annuity Plan $18.1B · 86,141
- The Johns Hopkins University Applied Physics Laboratory Pension Plan a $3.0B · 8,190
- Meba Pension Trust-Money Purchase Benefit Plan $306M · 2,964
- Seafarers Money Purchase Pension Plan $168M · 8,583
- Defined Contribution Plan for the Employees of the American Institute of Physics $141M · 222
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Plumbers & Steamfitters Local No 489 Annuity Plan by total assets, not by location.
Frequently Asked Questions
How did Plumbers & Steamfitters Local No 489 Annuity Plan assets move in 2024? ▼
How have Trustees of Plumbers & Steamfitter Local No 489 Annuity Plan plan assets changed over time? ▼
Which Money Purchase plans are similar in size to Plumbers & Steamfitters Local No 489 Annuity Plan? ▼
Next read for Plumbers & Steamfitters Local No 489 Ann…
Filing takeaways
Ways to act on Plumbers & Steamfitters Local No 489 Annuity Plan's numbers.
- By total assets, Plumbers & Steamfitters Local No 489 Annuity Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Maryland. Compare plans
- Trustees of Plumbers & Steamfitter Local No 489 Annuity Plan's sponsor-wide assets have grown 18.2% since 2022 across 3 plan years on file. More Construction plans