Profit Sharing · DOL Form 5500 · 2022

Smart Local 27 Annuity Fund Trustees Profit Sharing Plan

Data updated 2026-08-11

$124M
Total assets
986
Participants
94th
Percentile by assets
$125,713
Avg per participant
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Official DOL plan name: Sheet Metal, Air, Rail Transportation Local No.27 · Sponsored by Smart Local 27 Annuity Fund Trustees · New Jersey · Construction

$124M in assets, 986 participants

Smart Local 27 Annuity Fund Trustees's Sheet Metal, Air, Rail Transportation Local No.27 reported $124M in total assets and 986 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #9,200 in Construction (9,927 peers)

Where Sheet Metal, Air, Rail Transportation Local No.27 sits by assets

Sheet Metal, Air, Rail Transportation Local No.27 sits in the top 10% of all filed plans by assets, $124M for 986 participants (~$125,713/participant), down 14.9% in 2022.

$124M
total plan assets (2022 EOY)
986
covered participants
94th
percentile by assets (of 139,126 plans)
$125,713
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, Air, Rail Transportation Local No.27 vs the 2022 asset distribution

By assets, Sheet Metal, Air, Rail Transportation Local No.27 outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$146M
Net Assets (End of Year)$124M
Net Income-$22M
Employer EIN222604860
Plan Effective Date1984-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smart Local 27 Annuity Fund Trustees)

$120M$130M$140M$150M$160M 202220232024 $124M $148M ▲ +19.6%
Total plan assets by year, all Smart Local 27 Annuity Fund Trustees plans on file
Year Plans Participants Total Assets
2022 1 986 $124M
2023 1 1,008 $139M
2024 1 1,039 $148M

Nearby Profit Sharing Plans in New Jersey

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

Sheet Metal, Air, Rail Transportation Local No.27 vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Sheet Metal, Air, Rail Transportation Local No.27 vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 00.511.522.5 Total assets ($B) Participants Sheet Metal, Air, Ra…Ernst & Young Partne…Princeton University…Operating Engineers …Heavy & General Labo…IBEW Local Union No …
Sheet Metal, Air, Rail Transportation Local No.27 vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Sheet Metal, Air, Rail Transportation Local No.27 by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal, Air, Rail Transportation Local No.27 assets move in 2022?
Sheet Metal, Air, Rail Transportation Local No.27 pulled back noticeably - down 14.9% during 2022, from $146M to $124M. Reported net income was -$22M.
How have Smart Local 27 Annuity Fund Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Smart Local 27 Annuity Fund Trustees's sponsor-wide assets grew 19.6%, from $124M to $148M.
Where does Sheet Metal, Air, Rail Transportation Local No.27 rank by assets among Form 5500 filers?
Sheet Metal, Air, Rail Transportation Local No.27 ranks in the 94th 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 Profit Sharing plans are similar in size to Sheet Metal, Air, Rail Transportation Local No.27?
Among Profit Sharing plans in other states, the closest by assets is Mid-Atlantic Regional Council of Carpenters' Annuity Fund in MD ($123M, 12,943 participants).

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Ways to act on Sheet Metal, Air, Rail Transportation Local No.27's numbers.

  • By total assets, Sheet Metal, Air, Rail Transportation Local No.27 ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
  • Smart Local 27 Annuity Fund Trustees's sponsor-wide assets have grown 19.6% since 2022 across 3 plan years on file. More Construction plans