Missouri › Construction › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Plumbers & Gasfitters Local Union No. 8 Defined Contribution Plan
Sponsored by Plumbers Local 8 DC Plan, Kansas City, MO
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Plumbers & Gasfitters Local Union No. 8 Defined Contribution Plan is a 401(k) plan sponsored by Plumbers Local 8 DC Plan of Kansas City, Missouri. For the plan year ending 31 Dec 2024 it reported 1,045 participants, 996 of them active, and net assets of $52.6M. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $50,334 per participant, close to the $50,295 median for defined contribution plans with 1,000 to 4,999 participants and below the $54,962 median for defined contribution plans in construction. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $1.4M during the year, or $1,442 per active participant against a same-size median of $2,045; participants contributed $1.7M. Benefits paid out totalled $2.8M.
Schedule C lists 5 service provider organisations paid $5,000 or more, with reported compensation of $160K: $153 per participant, well above the same-size median of $82.08. Administrative expenses charged to the plan were $233K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $15.5M in 2009 to $52.6M in 2024 (up 238%), and participants from 643 to 1,045 (up 63%).
The independent accountant's opinion on the financial statements was disclaimer, from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $50,334 | $50,295 | $54,962 | $53,102 |
| Employer contributions per active participant | $1,442 | $2,045 | $2,728 | $2,175 |
| Schedule C compensation per participant | $153 | $82.08 | $162 | $123 |
| Schedule C compensation, share of net assets | 0.30% | 0.17% | 0.33% | 0.26% |
| Administrative expenses per participant | $223 | $82.20 | $166 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 1,000 to 4,999 participants (10,207 plans), construction (4,204) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 1,045 | $52.6M | $50,334 | $1.4M | $1.7M | $160K |
| 2023 | 994 | $47.0M | $47,246 | $941K | $1.5M | $168K |
| 2022 | 938 | $39.6M | $42,199 | $639K | $1.5M | $140K |
| 2021 | 884 | $47.4M | $53,648 | $581K | $1.5M | $66K |
| 2020 | 861 | $41.7M | $48,383 | $583K | $1.4M | $51K |
| 2019 | 842 | $35.8M | $42,557 | $593K | $1.5M | $57K |
| 2018 | 790 | $28.4M | $36,009 | $506K | $1.3M | $58K |
| 2017 | 737 | $30.2M | $41,023 | $544K | $1.2M | $22K |
| 2016 | 738 | $25.7M | $34,795 | $474K | $1.0M | $37K |
| 2015 | 708 | $23.2M | $32,744 | $435K | $911K | $72K |
| 2014 | 657 | $23.5M | $35,828 | $446K | $813K | $39K |
| 2013 | 646 | $22.2M | $34,381 | $468K | $784K | $25K |
| 2012 | 675 | $19.1M | $28,296 | $464K | $715K | $31K |
| 2011 | 571 | $17.6M | $30,774 | $578K | $605K | $35K |
| 2010 | 616 | $18.0M | $29,234 | $918K | $616K | $37K |
| 2009 | 643 | $15.5M | $24,182 | $990K | $629K | $30K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$46,962,621
- Employer contributions$1,435,972
- Participant contributions$1,696,691
- Rollovers and other contributions—
- Total contributions$3,132,663
- Total income, including investment results$8,708,957
- Benefits paid$2,839,706
- Administrative expenses$232,935
- Total expenses$3,072,641
- Net income$5,636,316
- Net transfers$0
- Net assets, end of year$52,598,937
Participants
- Active participants996
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits43
- Participants with account balances982
- Total participants, end of year1,045
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Principal | Recordkeeping and information management | $97,107 | $0 |
| Novak Birks, P.C. | Accounting (including auditing) | $27,718 | $0 |
| Strategic Capital | Investment advisory (plan) | $21,750 | $0 |
| Segal Insurance | Insurance services | $7,244 | $0 |
| Spencer Fane Britt & Browne LLP | Legal | $6,329 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Recordkeeping fees$97,107
- Salaries and allowances$49,869
- Other administrative expenses$30,162
- IQPA audit fees$27,718
- Investment advisory and management fees$21,750
- Legal fees$6,329
- Total administrative expenses$232,935
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$51.1M · 97.1%
- Common/collective trusts$919K · 1.7%
- Cash (interest and non-interest bearing)$322K · 0.6%
- Receivables$291K · 0.6%
Audit and compliance answers, as filed
- Accountant's opinionDisclaimer
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmNovak Birks, P.C.
- Participant contributions reported as transmitted lateYes, $29,068
- Covered by a fidelity bondYes, $5,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2JCode section 401(k) feature2GTotal participant-directed account plan2EProfit-sharing plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 238220: Plumbing, Heating, & Air-Conditioning Contractors.
Similar plans in Missouri
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Bricklayers Union Local #1 of Missouri Supplemental Pension Plan | Joint Board of Trustees Bricklayers Local #1 Supplemental Pension Plan | 1,119 | $99.2M | $88,627 |
| Bricklayers Local No. 8 and Employers Pension Plan | Board of Trustees of Bricklayers Local No. 8 and Employers Pension Pla | 1,021 | $104M | $101,576 |
| Adb Companies, LLC Retirement Savings Plan | Adb Companies, LLC | 1,181 | $38.0M | $32,193 |
| Flint Group 401(k) Plan | Flint Holding Company, LLC | 897 | $16.2M | $18,051 |
| Cement Masons and Plasterers Local 518 Defined Contribution Fund | Board of Trustees of Cement Masons and Plasterers Local 518 Defined Co. | 1,598 | $70.2M | $43,929 |
| Acme Group Holding 401(k) Plan | Acme Group Holding Company, Inc. | 848 | $9.5M | $11,162 |
Defined contribution plans in construction closest in size.
Questions and answers
How big is Plumbers & Gasfitters Local Union No. 8 Defined Contribution Plan?
1,045 participants at the end of the plan year ending 31 Dec 2024, of whom 996 were active employees, with net assets of $52,598,937. Among defined contribution plans that places it in the 1,000 to 4,999 participants band, which held 10,207 plans in plan year 2024.
What does Plumbers Local 8 DC Plan contribute per participant?
The filing reports $1,435,972 in employer contributions for the year, which is $1,442 per active participant; the median for plans of the same type and size was $2,045 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $160,148 in compensation to service provider organisations, $153 per participant or 0.30% of net assets. The same-size median among plans reporting any Schedule C compensation was $82.08 per participant. Administrative expenses on Schedule H were $232,935. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Plumbers Local 8 DC Plan. Recordkeeping or administration: Principal. Investment advisory or management: Strategic Capital. The financial statements were audited by Novak Birks, P.C.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an disclaimer opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. A disclaimer of opinion was the usual result of a limited-scope audit under the rules in force before 2021 and is not by itself a finding about the plan.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 14 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 43-1869060, plan 001, received 14 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.