Money Purchase · DOL Form 5500 · 2022

Sheet Metal Workers Local 63 Money Purchase Plan

Data updated 2026-08-11

$73M
Total assets
523
Participants
91st
Percentile by assets
$140,170
Avg per participant
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Official DOL plan name: Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan · Sponsored by Sheet Metal Workers Local 63 · Massachusetts · Construction

$73M in assets, 523 participants

Sheet Metal Workers Local 63's Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan reported $73M in total assets and 523 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 139,126 plans)
  • #8,880 in Construction (9,927 peers)

Where Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan sits by assets

Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan sits in the top 10% of all filed plans by assets, $73M for 523 participants (~$140,170/participant), down 7.7% in 2022.

$73M
total plan assets (2022 EOY)
523
covered participants
91st
percentile by assets (of 139,126 plans)
$140,170
avg assets per participant

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan vs the 2022 asset distribution

By assets, Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$79M
Net Assets (End of Year)$73M
Net Income-$6M
Employer EIN046128658
Plan Effective Date1972-06-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in Massachusetts

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

Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan vs. nearby Money Purchase plans in Massachusetts, assets vs. participants

Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan vs. nearby Money Purchase plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Sheet Metal Workers …The Mitre Corporatio…Massachusetts Labore…Retirement Income Pl…Harvard University D…Electrical Workers D…
Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan vs. nearby Money Purchase plans in Massachusetts, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan assets move in 2022?
Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan pulled back noticeably - down 7.7% during 2022, from $79M to $73M. Reported net income was -$6M.
Where does Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan rank by assets among Form 5500 filers?
Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan ranks in the 91st 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 Money Purchase plans are similar in size to Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan?
Among Money Purchase plans in other states, the closest by assets is Ingram Marine Group Retirement Plan in TN ($73M, 1,604 participants).

Next read for Sheet Metal Workers Local Union No. 63 S…

Scale reading

Ways to act on Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan's numbers.

  • By total assets, Sheet Metal Workers Local Union No. 63 Supplemental Annuity Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Massachusetts. Compare plans