Money Purchase · DOL Form 5500 · 2024

Board of Trustees Plumbers & Steamfitters 577 Annuity Plan Money Purchase Plan

Data updated 2026-08-11

$23M
Total assets
338
Participants
73rd
Percentile by assets
$68,955
Avg per participant
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Official DOL plan name: Plumbers & Steamfitters Local 577 Annuity Plan · Sponsored by Board of Trustees Plumbers & Steamfitters 577 Annuity Plan · Kentucky · Construction

$23M in assets, 338 participants

Board of Trustees Plumbers & Steamfitters 577 Annuity Plan's Plumbers & Steamfitters Local 577 Annuity Plan reported $23M in total assets and 338 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • 73rd percentile by assets (of 123,622 plans)
  • #6,502 in Construction (9,039 peers)

Board of Trustees Plumbers & Steamfitters 577 Annuity Plan multi-year trail

Board of Trustees Plumbers & Steamfitters 577 Annuity Plan's plans moved +27.6% in assets from 2022 to 2024; this filing shows Plumbers & Steamfitters Local 577 Annuity Plan at $23M / 338 participants.

$23M
total plan assets (2024 EOY)
338
covered participants
73rd
percentile by assets (of 123,622 plans)
$68,955
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plumbers & Steamfitters Local 577 Annuity Plan end-of-year assets rose from $20M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Plumbers & Steamfitters Local 577 Annuity Plan reported participants fell from 344 in the plan year 2023 filing to 338 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Board of Trustees Plumbers & Steamfitters 577 Annuity Plan across 3 plan years on file

Across the 3 plan years Board of Trustees Plumbers & Steamfitters 577 Annuity Plan has on file (2022-2024), sponsor-wide plan assets have moved from $98M to $125M, a gain of 27.6%, while reported participants moved from 638 to 676 (+6.0%). Peak year by sponsor assets: 2024 ($125M); trough: 2022 ($98M).

Board of Trustees Plumbers & Steamfitters 577 Annuity Plan multi-year asset trail

$90M$100M$110M$120M$130M 202220232024 $97.6M $125M â–˛ +27.6%
Total plan assets by year, all Board of Trustees Plumbers & Steamfitters 577 Annuity Plan plans on file
Year Plans Participants Total Assets
2022 2 638 $98M
2023 2 675 $113M
2024 2 676 $125M

Board of Trustees Plumbers & Steamfitters 577 Annuity Plan filing trail (2024)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN316134953
Plan Effective Date2000-06-01
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 577 Annuity Plan vs. nearby Money Purchase plans in Kentucky, assets vs. participants

Plumbers & Steamfitters Local 577 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 577 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 577 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Plumbers & Steamfitters Local 577 Annuity Plan assets move in 2024?
Plumbers & Steamfitters Local 577 Annuity Plan grew sharply - up 18.9% during 2024, from $20M to $23M. Reported net income was $4M.
How have Board of Trustees Plumbers & Steamfitters 577 Annuity Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Plumbers & Steamfitters 577 Annuity Plan's sponsor-wide assets grew 27.6%, from $98M to $125M.
Which Money Purchase plans are similar in size to Plumbers & Steamfitters Local 577 Annuity Plan?
Among Money Purchase plans in other states, the closest by assets is Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) in MI ($23M, 3,087 participants).

Next read for Plumbers & Steamfitters Local 577 Annuit…

Multi-year trail

Ways to act on Plumbers & Steamfitters Local 577 Annuity Plan's numbers.