Profit Sharing · DOL Form 5500 · 2022
Trustees of the Sheet Metal Workers Local 44 Profit Sharing Plan
Data updated 2026-08-11
- $43M
- Total assets
- 304
- Participants
- 87th
- Percentile by assets
- $139,888
- Avg per participant
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.
- 87th percentile by assets (of 139,126 plans)
- #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.
- $43M
- total plan assets (2022 EOY)
- 304
- covered participants
- 87th
- percentile by assets (of 139,126 plans)
- $139,888
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Sheet Metal Workers Local 44 Annuity Fund reports 304 participants - about 37% of that state average ($43M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $52M |
|---|---|
| Net Assets (End of Year) | $43M |
| Net Income | -$10M |
| Employer EIN | 236751172 |
| Plan Effective Date | 1983-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the Sheet Metal Workers Local 44)
| 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
- Eastern Atlantic States Carpenters Annuity Fund $2.0B · 8,058
- University of Pennsylvania Basic Plan $1.4B · 14,515
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $958M · 3,904
- Temple University Health System, Inc. Defined Contribution Retirement Plan $640M · 9,017
- Steamfitters Local Union No. 420 Srp $587M · 6,353
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sheet Metal Workers Local 44 Annuity Fund by total assets, not by location.
Frequently Asked Questions
How did Sheet Metal Workers Local 44 Annuity Fund assets move in 2022? ▼
How have Trustees of the Sheet Metal Workers Local 44 plan assets changed over time? ▼
Where does Sheet Metal Workers Local 44 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local 44 Annuity Fund? ▼
Next read for Sheet Metal Workers Local 44 Annuity Fun…
Filing takeaways
Ways to act on Sheet Metal Workers Local 44 Annuity Fund's numbers.
- By total assets, Sheet Metal Workers Local 44 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- Trustees of the Sheet Metal Workers Local 44's sponsor-wide assets have grown 20.4% since 2022 across 3 plan years on file. More Manufacturing plans