Profit Sharing · DOL Form 5500 · 2022

Trustees of the Sheet Metal Workers Local 44 Profit Sharing Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
304
Participants Below avg headcount
87th
Percentile by assets National rank
$139,888
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sheet Metal Workers Local 44 Annuity Fund · Sponsored by Trustees of the Sheet Metal Workers Local 44 · Pennsylvania · Manufacturing

$43M in assets, 304 participants

Trustees of the Sheet Metal Workers Local 44's Sheet Metal Workers Local 44 Annuity Fund reported $43M in total assets and 304 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #16,575 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Sheet Metal Workers Local 44 Annuity Fund covers 304 participants in Pennsylvania, about 37% of the average Pennsylvania filer (state average ~822 per filing). Assets: $43M.

#16,575
in Manufacturing (20,602 peers)
-18.9%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sheet Metal Workers Local 44 Annuity Fund's outsized position by total assets

Sheet Metal Workers Local 44 Annuity Fund vs every filed plan by assets

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

$42,525,818 Top 13% higher than 87% 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 44 Annuity Fund 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 44 Annuity Fund sits mid-pack in the medium band (304 participants).

Published 5500 schedule card

Filing strip 236751172 · Trustees of the Sheet Metal Workers Local 44 PY 2022 · Profit Sharing

Sheet Metal Workers Local 44 Annuity Fund · $43M · 304 · 87th

  • BOOK $43M
  • VS-ST 304
  • BOY 87th
  • SCH Profit Sharing
  • EBSA near The Profit Sharing and Retirement Plan for the Mountain Company and the Laurel Management Group, Inc.
  • PART ind #16575

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 Manufacturing retirement plans → · Plans in Pennsylvania →

Sheet Metal Workers Local 44 Annuity Fund in the asset neighbourhood

Acld, Inc. 401(k) Retirement PlanAcld, Inc. 401(k) Retirement…$43MIBEW Local No. 229 Annuity FundIBEW Local No. 229 Annuity F…$43MI.B.E.W. Local 1253 Retirement PlanI.B.E.W. Local 1253 Retireme…$43MSheet Metal Workers Local 44 Annuity FundSheet Metal Workers Local 44…$43MThe Profit Sharing and Retirement Plan for the Mountain Company and the Laurel Management Group, Inc.The Profit Sharing and Retir…$42M
End-of-year total assets ($M) among Sheet Metal Workers Local 44 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$43M
Net Income-$10M
Employer EIN236751172
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the Sheet Metal Workers Local 44)

Sponsor-wide plan assets over time

All Trustees of the Sheet Metal Workers Local 44 plans reported in each filing year

Latest sponsor-wide plan assets
$51M 20.415865957005224% vs 2022
2024 filing year
$40M$45M$50M$55M 202220232024 $42.5M $51.2M ▲ +20.4%
Year Plans Participants Total Assets
2022 1 304 $43M
2023 1 333 $47M
2024 1 322 $51M

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local 44 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Sheet Metal Workers Local 44 Annuity Fund, Total assets ($B): 0.042525818 · Participants: 304Sheet Metal Workers Local 44 Annuity FundEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.032358305 · Participants: 8058Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.417850182 · Participants: 14515University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 0.958457322 · Participants: 3904International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.640341222 · Participants: 9017Temple University Health System, Inc. Defined Contribution Retirement PlanSteamfitters Local Union No. 420 Srp, Total assets ($B): 0.58659727 · Participants: 6353Steamfitters Local Union No. 420 Srp
Sheet Metal Workers Local 44 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare Sheet Metal Workers Local 44 Annuity Fund side-by-side with 3 peers →

Sheet Metal Workers Local 44 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is The Profit Sharing and Retirement Plan for the Mountain Company and the Laurel Management Group, Inc. in WV ($42M); by covered participants it is Hirevue Retirement Trust in UT (303 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (304 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 44 Annuity Fund assets move in 2022? ▼
Sheet Metal Workers Local 44 Annuity Fund declined sharply - down 18.9% during 2022, from $52M to $43M. Reported net income was -$10M.
How have Trustees of the Sheet Metal Workers Local 44 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of the Sheet Metal Workers Local 44's sponsor-wide assets grew 20.4%, from $43M to $51M.
Where does Sheet Metal Workers Local 44 Annuity Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local 44 Annuity Fund ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local 44 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is The Profit Sharing and Retirement Plan for the Mountain Company and the Laurel Management Group, Inc. in WV ($42M, 280 participants).
Which Profit Sharing plans cover a similar participant headcount to Sheet Metal Workers Local 44 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Hirevue Retirement Trust in UT (303 participants, $23M in assets).

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 236751172.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.