Trustees of Pipe Fitters Retirement Fund Local 597 retirement plan: assets, participants and fees
What Trustees of Pipe Fitters Retirement Fund Local 597's retirement plan 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 | Legacy Professionals LLP | Schedule C ↗ |
| Independent auditor | Legacy Professionals LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 57 pension plans in construction with 10,000 to 49,999 participants.
| Trustees of Pipe Fitters Retirement Fund Local 597: employer contribution per participant | $6,980 | |
| Peer median | $6,151 |
| Trustees of Pipe Fitters Retirement Fund Local 597: average balance | $203,915 | |
| Peer median | $107,788 |
| Trustees of Pipe Fitters Retirement Fund Local 597: admin expenses ÷ assets | 0.13% | |
| Peer median | 0.47% |
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 $3B at the end of plan year 2021 to $3B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 14,689 | $3B | $103M | $6,980 | 0.13% | Not published | Form 5500 ↗ |
| 2023 | 14,408 | $2.7B | $97.5M | $6,769 | 0.14% | Not published | Form 5500 ↗ |
| 2022 | 14,218 | $2.5B | $96.6M | $6,793 | 0.14% | Not published | Form 5500 ↗ |
| 2021 | 13,981 | $3B | $95M | $6,796 | 0.14% | Not published | Form 5500 ↗ |
Common questions
Does Trustees of Pipe Fitters Retirement Fund Local 597 match 401(k) contributions?
The match terms for the Pipe Fitters Retirement Fund, Local 597 have not been published from its filing yet. The plan year 2024 filing reports $103M in employer contributions, about $6,980 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Trustees of Pipe Fitters Retirement Fund Local 597 401(k) match vested?
The vesting schedule for the Pipe Fitters Retirement Fund, Local 597 is not in the data published so far. Your Summary Plan Description states it.
Who manages the Trustees of Pipe Fitters Retirement Fund Local 597 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Legacy Professionals LLP. The plan administrator is Trustees of Pipe Fitters Retirement Fund Local 597.
I left Trustees of Pipe Fitters Retirement Fund Local 597. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Trustees of Pipe Fitters Retirement Fund Local 597, (312) 633-0597) or the recordkeeper, Legacy Professionals LLP. The Trustees of Pipe Fitters Retirement Fund Local 597 old 401(k) page lists the contacts from every plan filing. Find an old Trustees of Pipe Fitters Retirement Fund Local 597 401(k)
Data from the public Form 5500 annual reports Trustees of Pipe Fitters Retirement Fund Local 597 filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Trustees of Pipe Fitters Retirement Fund Local 597. Not financial advice. Report a correction · Methodology