Plumbers and Pipefitters Local 344 401(k) match, vesting and fees
What Plumbers and Pipefitters Local 344's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Ins. Co. of America | Schedule C ↗ |
| Independent auditor | Rubinbrown LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 570 defined-contribution plans in construction with 1,000 to 4,999 participants.
| Plumbers and Pipefitters Local 344: employer contribution per participant | $2,073 | |
| Peer median | $2,900 |
| Plumbers and Pipefitters Local 344: average balance | $40,216 | |
| Peer median | $67,876 |
| Plumbers and Pipefitters Local 344: admin expenses ÷ assets | 0.48% | |
| Peer median | 0.26% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $55.2M at the end of plan year 2023 to $61.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,617 | $61.6M | $3.2M | $2,073 | 0.48% | Not published | Form 5500 ↗ |
| 2023 | 1,508 | $55.2M | $2.7M | $1,961 | 0.47% | Not published | Form 5500 ↗ |
Common questions
Does Plumbers and Pipefitters Local 344 match 401(k) contributions?
The match terms for the Local 344 Annuity Fund Plan have not been published from its filing yet. The plan year 2024 filing reports $3.2M in employer contributions, about $2,073 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Plumbers and Pipefitters Local 344 401(k) match vested?
The vesting schedule for the Local 344 Annuity Fund Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Plumbers and Pipefitters Local 344 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Ins. Co. of America. The plan administrator is Plumbers and Pipefitters Local 344.
I left Plumbers and Pipefitters Local 344. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Plumbers and Pipefitters Local 344, (405) 682-4581) or the recordkeeper, Empower Annuity Ins. Co. of America. The Plumbers and Pipefitters Local 344 old 401(k) page lists the contacts from every plan filing. Find an old Plumbers and Pipefitters Local 344 401(k)
Data from the public Form 5500 annual reports Plumbers and Pipefitters Local 344 filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Plumbers and Pipefitters Local 344. Not financial advice. Report a correction · Methodology