Money Purchase · DOL Form 5500 · 2024

Board of Trustees Plm & Steamfitters 248 Annuity Pln Money Purchase Plan

Data updated 2026-08-11

$14M
Total assets
366
Participants
63rd
Percentile by assets
$38,384
Avg per participant
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Official DOL plan name: Plumbers & Steamfitters Local 248 Annuity Plan · Sponsored by Board of Trustees Plm & Steamfitters 248 Annuity Pln · Kentucky · Construction

$14M in assets, 366 participants

Board of Trustees Plm & Steamfitters 248 Annuity Pln's Plumbers & Steamfitters Local 248 Annuity Plan reported $14M in total assets and 366 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)
  • #5,548 in Construction (9,039 peers)

Board of Trustees Plm & Steamfitters 248 Annuity Pln multi-year trail

Board of Trustees Plm & Steamfitters 248 Annuity Pln's plans moved +74.8% in assets from 2022 to 2024; this filing shows Plumbers & Steamfitters Local 248 Annuity Plan at $14M / 366 participants.

$14M
total plan assets (2024 EOY)
366
covered participants
63rd
percentile by assets (of 123,622 plans)
$38,384
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers & Steamfitters Local 248 Annuity Plan end-of-year assets rose from $11M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Plumbers & Steamfitters Local 248 Annuity Plan reported participants rose from 291 in the plan year 2023 filing to 366 in the plan year 2024 filing.
  • Plumbers & Steamfitters Local 248 Annuity Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Board of Trustees Plm & Steamfitters 248 Annuity Pln across 3 plan years on file

Across the 3 plan years Board of Trustees Plm & Steamfitters 248 Annuity Pln has on file (2022-2024), sponsor-wide plan assets have moved from $8M to $14M, a gain of 74.8%, while reported participants moved from 282 to 366 (+29.8%). Peak year by sponsor assets: 2024 ($14M); trough: 2022 ($8M).

Board of Trustees Plm & Steamfitters 248 Annuity Pln multi-year asset trail

$6M$8M$10M$12M$14M$16M 202220232024 $8.04M $14.1M â–˛ +74.8%
Total plan assets by year, all Board of Trustees Plm & Steamfitters 248 Annuity Pln plans on file
Year Plans Participants Total Assets
2022 1 282 $8M
2023 1 291 $11M
2024 1 366 $14M

Board of Trustees Plm & Steamfitters 248 Annuity Pln filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$14M
Net Income$3M
Employer EIN476290329
Plan Effective Date2014-06-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in Kentucky

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Plumbers & Steamfitters Local 248 Annuity Plan vs. nearby Money Purchase plans in Kentucky, assets vs. participants

Plumbers & Steamfitters Local 248 Annuity Plan vs. nearby Money Purchase plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -10123 Total assets ($B) Participants Plumbers & Steamfitt…UPS/Ipa Defined Cont…UPS/Ibt Local 2727 D…University of Louisv…Plumbers & Steamfitt…Bricklayers & Allied…
Plumbers & Steamfitters Local 248 Annuity Plan vs. nearby Money Purchase plans in Kentucky, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Plumbers & Steamfitters Local 248 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers & Steamfitters Local 248 Annuity Plan assets move in 2024?
Plumbers & Steamfitters Local 248 Annuity Plan grew sharply - up 26.6% during 2024, from $11M to $14M. Reported net income was $3M.
How have Board of Trustees Plm & Steamfitters 248 Annuity Pln plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Plm & Steamfitters 248 Annuity Pln's sponsor-wide assets grew 74.8%, from $8M to $14M.
Which Money Purchase plans are similar in size to Plumbers & Steamfitters Local 248 Annuity Plan?
Among Money Purchase plans in other states, the closest by assets is Heat & Frost Insulators and Allied Workers Local #50 Annuity Plan in IN ($14M, 490 participants).

Next read for Plumbers & Steamfitters Local 248 Annuit…

Multi-year trail

Ways to act on Plumbers & Steamfitters Local 248 Annuity Plan's numbers.