Profit Sharing · DOL Form 5500 · 2022
Joint Board of Trustees of Sheet Metal Workers Union Local No. 24 Profit Sharing Plan
Data updated 2026-08-11
- $31M
- Total assets
- 640
- Participants
- 83rd
- Percentile by assets
- $48,009
- Avg per participant
Official DOL plan name: Sheet Metal Workers Union Local No. 24 Columbus Area Retirement Savings Plan · Sponsored by Joint Board of Trustees of Sheet Metal Workers Union Local No. 24 · Ohio · Construction
$31M in assets, 640 participants
Joint Board of Trustees of Sheet Metal Workers Union Local No. 24's Sheet Metal Workers Union Local No. 24 Columbus Area Retirement Savings Plan reported $31M in total assets and 640 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.
- 83rd percentile by assets (of 139,126 plans)
- #8,145 in Construction (9,927 peers)
Where Sheet Metal Workers Union Local No. 24 Columbus Area Retirement Savings Plan sits by assets
Sheet Metal Workers Union Local No. 24 Columbus Area Retirement Savings Plan sits in the top quartile of all filed plans by assets, $31M for 640 participants (~$48,009/participant), down 9.1% in 2022.
- $31M
- total plan assets (2022 EOY)
- 640
- covered participants
- 83rd
- percentile by assets (of 139,126 plans)
- $48,009
- avg assets per participant
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Sheet Metal Workers Union Local No. 24 Columbus Area Retirement Savings Plan sits by total assets
Sheet Metal Workers Union Local No. 24 Columbus Area Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$30,725,542 Top 17% higher than 83% of 139,123 filed plans
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 Union Local No. 24 Columbus Area Retirement Savings Plan vs the 2022 asset distribution
By assets, Sheet Metal Workers Union Local No. 24 Columbus Area Retirement Savings Plan outranks 83% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $34M |
|---|---|
| Net Assets (End of Year) | $31M |
| Net Income | -$3M |
| Employer EIN | 311764742 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees of Sheet Metal Workers Union Local No. 24)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 640 | $31M |
| 2023 | 1 | 776 | $39M |
| 2024 | 1 | 915 | $48M |
Nearby Profit Sharing Plans in Ohio
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers Union Local No. 24 Columbus Area Retirement Savings Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants
- Cleveland Clinic Investment Pension Plan $1.2B · 46,417
- The Employer Retirement Savings Plan- Premier Health Partners $202M · 11,973
- White Castle Profit Sharing Plan $172M · 4,241
- Holzer Health System 401a Profit Sharing Plan $166M · 1,876
- Southern Ohio Medical Center Retirement Savings Program $136M · 3,162
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sheet Metal Workers Union Local No. 24 Columbus Area Retirement Savings Plan by total assets, not by location.
Frequently Asked Questions
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How have Joint Board of Trustees of Sheet Metal Workers Union Local No. 24 plan assets changed over time? ▼
Where does Sheet Metal Workers Union Local No. 24 Columbus Area Retirement Savings Plan rank by assets among Form 5500 filers? ▼
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Ways to act on Sheet Metal Workers Union Local No. 24 Columbus Area Retirement Savings Plan's numbers.
- By total assets, Sheet Metal Workers Union Local No. 24 Columbus Area Retirement Savings Plan 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 Ohio. Compare plans
- Joint Board of Trustees of Sheet Metal Workers Union Local No. 24's sponsor-wide assets have grown 55.1% since 2022 across 3 plan years on file. More Construction plans