United Association of Journeyman & Apprentice Pipefitters Local 524 retirement plan: assets, participants and fees
What United Association of Journeyman & Apprentice Pipefitters Local 524'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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Alan Ross & Company PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 523 defined-contribution plans in construction with 500 to 999 participants.
| United Association of Journeyman & Apprentice Pipefitters Local 524: employer contribution per participant | $6,195 | |
| Peer median | $2,361 |
| United Association of Journeyman & Apprentice Pipefitters Local 524: average balance | $83,350 | |
| Peer median | $60,193 |
| United Association of Journeyman & Apprentice Pipefitters Local 524: admin expenses ÷ assets | 0.32% | |
| Peer median | 0.31% |
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 $38.7M at the end of plan year 2021 to $53.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 644 | $53.7M | $4M | $6,195 | 0.32% | Not published | Form 5500 ↗ |
| 2023 | 644 | $48.4M | $2.5M | $3,945 | 0.17% | Not published | Form 5500 ↗ |
| 2022 | 681 | $43.6M | $2.8M | $4,082 | 0.25% | Not published | Form 5500 ↗ |
| 2021 | 670 | $38.7M | $2.3M | $3,445 | 0.27% | Not published | Form 5500 ↗ |
Common questions
Does United Association of Journeyman & Apprentice Pipefitters Local 524 match 401(k) contributions?
The match terms for the Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan have not been published from its filing yet. The plan year 2024 filing reports $4M in employer contributions, about $6,195 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the United Association of Journeyman & Apprentice Pipefitters Local 524 401(k) match vested?
The vesting schedule for the Pipefitters and Plumbers Local No. 524 Pension and Annuity Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the United Association of Journeyman & Apprentice Pipefitters Local 524 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is United Association of Journeyman & Apprentice Pipefitters Local 524.
I left United Association of Journeyman & Apprentice Pipefitters Local 524. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (United Association of Journeyman & Apprentice Pipefitters Local 524, (570) 347-3256) or the recordkeeper, Empower Annuity Insurance Company. The United Association of Journeyman & Apprentice Pipefitters Local 524 old 401(k) page lists the contacts from every plan filing. Find an old United Association of Journeyman & Apprentice Pipefitters Local 524 401(k)
Data from the public Form 5500 annual reports United Association of Journeyman & Apprentice Pipefitters Local 524 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 United Association of Journeyman & Apprentice Pipefitters Local 524. Not financial advice. Report a correction · Methodology