Profit Sharing · DOL Form 5500 · 2024

Trustees of Plumbers and Steamfitters Local No. 7 Annuity Fund Profit Sharing Plan

Data updated 2026-08-11

$116M
Total assets: 998
Participants: 91st
Percentile by assets: $115,897
Avg per participant

Official DOL plan name: Plumbers and Steamfitters Local No. 7 Annuity Fund · Sponsored by Trustees of Plumbers and Steamfitters Local No. 7 Annuity Fund · New York · Construction

$116M in assets, 998 participants

Trustees of Plumbers and Steamfitters Local No. 7 Annuity Fund's Plumbers and Steamfitters Local No. 7 Annuity Fund reported $116M in total assets and 998 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 123,622 plans)
#8,126 in Construction (9,039 peers)

Where Plumbers and Steamfitters Local No. 7 Annuity Fund sits by assets

Plumbers and Steamfitters Local No. 7 Annuity Fund sits in the top 10% of all filed plans by assets, $116M for 998 participants (~$115,897/participant), up 10.7% in 2024.

$116M
total plan assets (2024 EOY): 998
covered participants: 91st
percentile by assets (of 123,622 plans): $115,897
avg assets per participant

Plumbers and Steamfitters Local No. 7 Annuity Fund reported net income fell from $18M in the plan year 2023 filing to $11M in the plan year 2024 filing.
Plumbers and Steamfitters Local No. 7 Annuity Fund end-of-year assets rose from $105M in the plan year 2023 filing to $116M in the plan year 2024 filing.
Plumbers and Steamfitters Local No. 7 Annuity Fund reported participants fell from 1,012 in the plan year 2023 filing to 998 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New York

Industry

Construction

Plumbers and Steamfitters Local No. 7 Annuity Fund vs the 2024 asset distribution

By assets, Plumbers and Steamfitters Local No. 7 Annuity Fund outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$105M
Net Assets (End of Year)	$115M
Net Income	$11M
Employer EIN	900127434
Plan Effective Date	2004-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees of Plumbers and Steamfitters Local No. 7 Annuity Fund)

Total plan assets by year, all Trustees of Plumbers and Steamfitters Local No. 7 Annuity Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	1,019	$87M
2023	1	1,012	$105M
2024	1	998	$116M

Nearby Profit Sharing Plans in New York

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

Plumbers and Steamfitters Local No. 7 Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Annuity Plan of the Electrical Industry $2.3B · 18,200
Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $2.1B · 3,278
Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.8B · 5,817
The Research Foundation for the State University of New York Retirement Plan $1.3B · 9,758
Rochester Regional Health 403(b) Defined Contribution Plan $987M · 15,432

Compare Plumbers and Steamfitters Local No. 7 An… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Plumbers and Steamfitters Local No. 7 Annuity Fund by total assets, not by location.

The Medical Faculty Associates 401(a) Retirement Plan (DC) $116M · 917
The Torrance Health Association Inc 401(a) Plan (CA) $115M · 5,096
Operative Plasterers and Cement Masons Profit Sharing Annuity Plan (OH) $115M · 1,581
Healthalliance Partnership Retirement Savings Plan (MA) $117M · 1,402

Frequently Asked Questions

How did Plumbers and Steamfitters Local No. 7 Annuity Fund assets move in 2024? ▼

Plumbers and Steamfitters Local No. 7 Annuity Fund grew at a solid clip - up 10.7% during 2024, from $105M to $116M. Reported net income was $11M.

How have Trustees of Plumbers and Steamfitters Local No. 7 Annuity Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of Plumbers and Steamfitters Local No. 7 Annuity Fund's sponsor-wide assets grew 33.3%, from $87M to $116M.

Where does Plumbers and Steamfitters Local No. 7 Annuity Fund rank by assets among Form 5500 filers? ▼

Plumbers and Steamfitters Local No. 7 Annuity Fund ranks in the 91st 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 Plumbers and Steamfitters Local No. 7 Annuity Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is The Medical Faculty Associates 401(a) Retirement Plan in DC ($116M, 917 participants).

Next read for Plumbers and Steamfitters Local No. 7 An…

Scale reading

Ways to act on Plumbers and Steamfitters Local No. 7 Annuity Fund's numbers.

By total assets, Plumbers and Steamfitters Local No. 7 Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
Trustees of Plumbers and Steamfitters Local No. 7 Annuity Fund's sponsor-wide assets have grown 33.3% 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 900127434.