Money Purchase · DOL Form 5500 · 2022

Board of Trustees - Sheet Metal Workers Local 219 R.S.P. Money Purchase Plan

Data updated 2026-08-11

$158M
Total assets
839
Participants
95th
Percentile by assets
$188,061
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Sheet Metal Workers Local 219 Retirement Savings Fund · Sponsored by Board of Trustees - Sheet Metal Workers Local 219 R.S.P. · Illinois · Construction

$158M in assets, 839 participants

Board of Trustees - Sheet Metal Workers Local 219 R.S.P.'s Sheet Metal Workers Local 219 Retirement Savings Fund reported $158M in total assets and 839 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #9,312 in Construction (9,927 peers)

Where Sheet Metal Workers Local 219 Retirement Savings Fund sits by assets

Sheet Metal Workers Local 219 Retirement Savings Fund sits in the top 5% of all filed plans by assets, $158M for 839 participants (~$188,061/participant), down 12.1% in 2022.

$158M
total plan assets (2022 EOY)
839
covered participants
95th
percentile by assets (of 139,126 plans)
$188,061
avg assets per participant

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Sheet Metal Workers Local 219 Retirement Savings Fund vs the 2022 asset distribution

By assets, Sheet Metal Workers Local 219 Retirement Savings Fund outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$180M
Net Assets (End of Year)$158M
Net Income-$22M
Employer EIN364343290
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Sheet Metal Workers Local 219 R.S.P.)

$140M$160M$180M$200M$220M 202220232024 $158M $210M ▲ +32.9%
Total plan assets by year, all Board of Trustees - Sheet Metal Workers Local 219 R.S.P. plans on file
Year Plans Participants Total Assets
2022 1 839 $158M
2023 1 907 $184M
2024 1 936 $210M

Nearby Money Purchase Plans in Illinois

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local 219 Retirement Savings Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants

Sheet Metal Workers Local 219 Retirement Savings Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0100020003000 0200400600800 Total assets ($M) Participants Sheet Metal Workers …Retirement Plan for …NECA-IBEW Local 176 …NECA-IBEW Local 364 …Smart Local 265 Supp…International Associ…
Sheet Metal Workers Local 219 Retirement Savings Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Sheet Metal Workers Local 219 Retirement Savings Fund by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal Workers Local 219 Retirement Savings Fund assets move in 2022?
Sheet Metal Workers Local 219 Retirement Savings Fund pulled back noticeably - down 12.1% during 2022, from $180M to $158M. Reported net income was -$22M.
How have Board of Trustees - Sheet Metal Workers Local 219 R.S.P. plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees - Sheet Metal Workers Local 219 R.S.P.'s sponsor-wide assets grew 32.9%, from $158M to $210M.
Where does Sheet Metal Workers Local 219 Retirement Savings Fund rank by assets among Form 5500 filers?
Sheet Metal Workers Local 219 Retirement Savings Fund ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Money Purchase plans are similar in size to Sheet Metal Workers Local 219 Retirement Savings Fund?
Among Money Purchase plans in other states, the closest by assets is Midwest Pipe Trades Retirement Plan in TN ($159M, 1,481 participants).

Next read for Sheet Metal Workers Local 219 Retirement…

Scale reading

Ways to act on Sheet Metal Workers Local 219 Retirement Savings Fund's numbers.

  • By total assets, Sheet Metal Workers Local 219 Retirement Savings Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Illinois. Compare plans
  • Board of Trustees - Sheet Metal Workers Local 219 R.S.P.'s sponsor-wide assets have grown 32.9% since 2022 across 3 plan years on file. More Construction plans