Other
2022 plan-year Other DOL Form 5500

SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

JOINT BOARD OF TRUSTEES SHEET META WORKERS LOCAL 7, ZONE 2 PENSION

This Other plan holds $94M in total assets and serves 353 participants as of 2022. It is sponsored by JOINT BOARD OF TRUSTEES SHEET META WORKERS LOCAL 7, ZONE 2 PENSION in Michigan. The plan reported a net loss of $17M for the year.

Total Assets (2023)
$94M
Participants
353
State
Industry
Construction

What the Filing Says About SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN

SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN is a Other retirement plan sponsored by JOINT BOARD OF TRUSTEES SHEET META WORKERS LOCAL 7, ZONE 2 PENSION, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $94M in total end-of-year assets and covers 353 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 381616942, and the plan has been effective since 1966-01-31. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $111M at the beginning of 2022 to $94M at year-end — a decline of 15.3%. Net assets (after liabilities) closed the year at $93M, with reported net income of $-17,314,454 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$111M
Total Assets (End of Year)$94M
Net Assets (End of Year)$93M
Net Income$-17,314,454
Plan TypeOther
Employer EIN381616942
Plan Effective Date1966-01-31
Filing StatusFILING RECEIVED

Sponsor Plan History (JOINT BOARD OF TRUSTEES SHEET META WORKERS LOCAL 7, ZONE 2 PENSION)

Year Plans Participants Total Assets
2022 1 353 $94M
2023 1 353 $108M
2024 1 371 $121M

Nearby Other Plans in Michigan

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN?
As of the 2022 Form 5500 filing, SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN holds $94M in total assets with 353 participants. It is sponsored by JOINT BOARD OF TRUSTEES SHEET META WORKERS LOCAL 7, ZONE 2 PENSION.
What type of plan is SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN?
SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN is a Other plan. It has been effective since 1966-01-31. The plan is filed with the U.S. Department of Labor under EIN 381616942.
Who sponsors the SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN?
SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN is sponsored by JOINT BOARD OF TRUSTEES SHEET META WORKERS LOCAL 7, ZONE 2 PENSION, located in Michigan. The sponsor's EIN is 381616942 and the plan operates in the Construction industry.
How did SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN perform in 2022?
SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN declined by 15.3% during 2022, moving from $111M to $94M in total assets. Net income was $-17,314,454.
Where can I find official filings for SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN?
Official Form 5500 filings for SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 381616942 or plan name at efast.dol.gov.
How does SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN compare to other plans?
You can compare SHEET METAL WORKERS LOCAL 7, ZONE 2 PENSION PLAN against other Other plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 381616942.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.