Defined Benefit (Pension) · DOL Form 5500 · 2022
Trustees of Sheet Metal Workers' Local 10 Pension Fund Pension Plan
Data updated 2026-08-25
- $322M
- Total assets Above avg plan size
- 2,813
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $114,396
- Avg per participant Below avg balance/head
Official DOL plan name: Sheet Metal Workers' Local 10 Pension Fund · Sponsored by Trustees of Sheet Metal Workers' Local 10 Pension Fund · Minnesota · Construction
$322M in assets, 2,813 participants
Trustees of Sheet Metal Workers' Local 10 Pension Fund's Sheet Metal Workers' Local 10 Pension Fund reported $322M in total assets and 2,813 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- #9,583 in Construction (9,927 peers)
Coverage in Minnesota
Sheet Metal Workers' Local 10 Pension Fund covers 2,813 participants in Minnesota, 2.5x the typical Minnesota plan (state average ~1,126 per filing). Assets: $322M.
- #9,583
- in Construction (9,927 peers)
- -10.1%
- assets change YoY
- 3.2×
- vs typical plan assets (national mean)
The plan reported a net loss of $36M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sheet Metal Workers' Local 10 Pension Fund's outsized position by total assets
Sheet Metal Workers' Local 10 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$321,795,235 Top 3% higher than 97% 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' Local 10 Pension Fund's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers' Local 10 Pension Fund lands in the large band (2,813 participants).
Form 5500 schedule snapshot
Filing strip 411562581 · Trustees of Sheet Metal Workers' Local 10 Pension Fund PY 2022 · Defined Benefit (Pension)
Sheet Metal Workers' Local 10 Pension Fund · $322M · 2,813 · 97th
- TYPE $322M
- NET 2,813
- BOOK 97th
- VS-ST Defined Benefit (Pension)
- BOY near Oneok, Inc. Retirement Plan
- SCH ind #9583
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Minnesota →
Sheet Metal Workers' Local 10 Pension Fund in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $358M |
|---|---|
| Net Assets (End of Year) | $322M |
| Net Income | -$36M |
| Employer EIN | 411562581 |
| Plan Effective Date | 1986-09-02 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Sheet Metal Workers' Local 10 Pension Fund)
Sponsor-wide plan assets over time
All Trustees of Sheet Metal Workers' Local 10 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $406M 26.187942155203135% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,813 | $322M |
| 2023 | 1 | 2,612 | $366M |
| 2024 | 1 | 2,616 | $406M |
Nearby Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 3M Employee Retirement Income Plan $14.0B · 12,160
- Mayo Pension Plan $10.3B · 66,434
- The Travelers Pension Plan $3.9B · 25,144
- U.S. Bank Pension Plan $3.7B · 55,836
- Target Corporation Pension Plan $3.3B · 50,515
Sheet Metal Workers' Local 10 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Oneok, Inc. Retirement Plan in OK ($322M); by covered participants it is Blue Bell Creameries, Inc. Pension Plan in TX (2,812 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($322M here).
- Oneok, Inc. Retirement Plan (OK) $322M · 274
- Sun Chemical Retirement Plan (NJ) $322M · 882
- The University of Chicago Pension Plan for Staff Employees (IL) $321M · 5,866
- Employers Mutual Casualty Company Retirement Plan (IA) $321M · 2,037
Similar participant headcount
Nearest other-state filings by covered participants (2,813 participants); asset peers above are excluded.
- Blue Bell Creameries, Inc. Pension Plan (TX) 2,812 · 1 off
- Western & Southern Financial Group Pension Plan (OH) 2,799 · 14 off
- Ryder System, Inc. Retirement Plan (FL) 2,796 · 17 off
- General Dynamics Retirement Plan (Mission Systems) (VA) 2,834 · 21 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.