Plumbers Local No 98 Defined Contribution Pension Plan 401(k) Plan: Login, Facts & Contact Information

Plumbers Local No 98 Defined Contribution Pension Plan 401(k) Plan Facts

Plan name
PLUMBERS LOCAL NO 98 DEFINED CONTRIBUTION PENSION PLAN
Plan type
401(k) and profit sharing
Plan sponsor
JOINT BOARD OF TRUSTEE PLUMBERS 98 DEFINED CONTRIBUTION PENSION PLAN
Participants
1,492 (907 active employees)
Former employees with a balance
8
Plan assets
$83,879,688 at Dec 31, 2024
Average account balance
$50,898 across 1,648 accounts
Employer contributions
$2,098,271 in plan year 2024 (56% of all contributions)
Recordkeeper
Benesys, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1984
— Employer contributions— Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.76 million went into the plan in contributions, $2.10 million of it from the employer (56%).
  • $4.44 million was paid out to participants.
  • Investment and other income added $10.5 million.
  • Administrative expenses were $257,562, about $156 per account.

How the Plumbers Local No 98 Defined Contribution Pension Plan 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,732$65.4 million$1.06 million$4.46 million
20201,153$74.2 million$1.25 million$4.19 million
20211,346$81.2 million$1.49 million$5.28 million
20221,377$64.4 million$1.70 million$4.66 million
20231,462$74.3 million$1.95 million$4.82 million
20241,492$83.9 million$2.10 million$4.44 million

Plumbers Local No 98 Defined Contribution Pension Plan 401(k) Contact Information

Phone
248-813-9800
Mailing address
700 TOWER DRIVE SUITE 300, TROY MI 48098
Plan sponsor
JOINT BOARD OF TRUSTEE PLUMBERS 98 DEFINED CONTRIBUTION PENSION PLAN
Plan administrator
BENESYS, INC.
Employer identification number (EIN)
38-3155388
Plan number
001

Questions about the Plumbers Local No 98 Defined Contribution Pension Plan 401(k)

Does Plumbers Local No 98 Defined Contribution Pension Plan contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $2.10 million in employer contributions for plan year 2024.

Does the Plumbers Local No 98 Defined Contribution Pension Plan 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Plumbers Local No 98 Defined Contribution Pension Plan 401(k) plan?

1,492 participants at the start of plan year 2024, 907 of them active employees, and 8 former employees who still had money in the plan.

What is the average 401(k) balance at Plumbers Local No 98 Defined Contribution Pension Plan?

About $50,898 per account: $83.9 million in plan assets across 1,648 accounts with a balance at the end of plan year 2024.

Who manages the Plumbers Local No 98 Defined Contribution Pension Plan 401(k) accounts?

BENESYS, INC. is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Plumbers Local No 98 Defined Contribution Pension Plan. How do I access my 401(k)?

Your account stays with BENESYS, INC. after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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