Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund Pension Plan

Data updated 2026-08-25

$90M
Total assets Below avg plan size
453
Participants Below avg headcount
92nd
Percentile by assets National rank
$197,589
Avg per participant Above avg balance/head
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Official DOL plan name: Sheet Metal Workers Local No.20 Gary Area Pension · Sponsored by Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund · Michigan · Construction

$90M in assets, 453 participants

Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund's Sheet Metal Workers Local No.20 Gary Area Pension reported $90M in total assets and 453 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #9,021 in Construction (9,927 peers)

Where Sheet Metal Workers Local No.20 Gary Area Pension sits by assets

Sheet Metal Workers Local No.20 Gary Area Pension sits in the top 10% of all filed plans by assets, $90M for 453 participants (~$197,589/participant), down 12.6% in 2022.

#9,021
in Construction (9,927 peers)
-12.6%
assets change YoY
0.9×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sheet Metal Workers Local No.20 Gary Area Pension's outsized position by total assets

Sheet Metal Workers Local No.20 Gary Area Pension vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$89,507,753 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Sheet Metal Workers Local No.20 Gary Area Pension among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers Local No.20 Gary Area Pension sits mid-pack in the medium band (453 participants).

Form 5500 schedule snapshot

Filing strip 356057213 · Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund PY 2022 · Defined Benefit (Pension)

Sheet Metal Workers Local No.20 Gary Area Pension · $90M · 453 · 92nd

  • EIN $90M
  • EIN 453
  • EIN 92nd
  • EIN Defined Benefit (Pension)
  • EIN near Retirement Plan for National Office and Field Staff Employees of the March of Dimes Foundation
  • EIN ind #9021

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Michigan →

Sheet Metal Workers Local No.20 Gary Area Pension in the asset neighbourhood

Cmta-Gmpp & Allied Workers Local 164b Pension TrustCmta-Gmpp & Allied Workers L…$90MThe New York State Nurses Association Employees' Pension PlanThe New York State Nurses As…$90MRetirement Plan for National Office and Field Staff Employees of the March of Dimes FoundationRetirement Plan for National…$90MSheet Metal Workers Local No.20 Gary Area PensionSheet Metal Workers Local No…$90MMerged Utu and Greenbrier Pension PlanMerged Utu and Greenbrier Pe…$89M
End-of-year total assets ($M) among Sheet Metal Workers Local No.20 Gary Area Pension and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$102M
Net Assets (End of Year)$89M
Net Income-$13M
Employer EIN356057213
Plan Effective Date1963-12-23
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund)

Sponsor-wide plan assets over time

All Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$113M 25.77930427993204% vs 2022
2024 filing year
$80M$90M$100M$110M$120M 202220232024 $89.5M $113M ▲ +25.8%
Year Plans Participants Total Assets
2022 1 453 $90M
2023 1 476 $101M
2024 1 499 $113M

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local No.20 Gary Area Pension vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Sheet Metal Workers Local No.20 Gary Area Pension, Total assets ($B): 0.089507753 · Participants: 453Sheet Metal Workers Local No.20 Gary Area PensionGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 40.23255743 · Participants: 18766General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.279653433 · Participants: 27567Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 13.42905347 · Participants: 11760Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 13.018181682 · Participants: 13759Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 8.553889919 · Participants: 14563Fca US LLC UAW Pension Agreement
Sheet Metal Workers Local No.20 Gary Area Pension vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Sheet Metal Workers Local No.20 Gary Area Pension's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Retirement Plan for National Office and Field Staff Employees of the March of Dimes Foundation in VA ($90M); by covered participants it is Vencore, Inc. Pension Plan in VA (453 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (453 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sheet Metal Workers Local No.20 Gary Area Pension assets move in 2022?
Sheet Metal Workers Local No.20 Gary Area Pension pulled back noticeably - down 12.6% during 2022, from $102M to $90M. Reported net income was -$13M.
How have Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund's sponsor-wide assets grew 25.8%, from $90M to $113M.
Where does Sheet Metal Workers Local No.20 Gary Area Pension rank by assets among Form 5500 filers?
Sheet Metal Workers Local No.20 Gary Area Pension ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local No.20 Gary Area Pension?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for National Office and Field Staff Employees of the March of Dimes Foundation in VA ($90M, 67 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local No.20 Gary Area Pension?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Vencore, Inc. Pension Plan in VA (453 participants, $331M in assets).