Other
2022 plan-year Other DOL Form 5500

SHEET METAL WORKERS' LOCAL 10 PENSION FUND

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

TRUSTEES OF SHEET METAL WORKERS' LOCAL 10 PENSION FUND

This Other plan holds $322M in total assets and serves 2,813 participants as of 2022. It is sponsored by TRUSTEES OF SHEET METAL WORKERS' LOCAL 10 PENSION FUND in Minnesota. The plan reported a net loss of $36M for the year.

Total Assets (2023)
$322M
Participants
2,813
State
Industry
Construction

What the Filing Says About SHEET METAL WORKERS' LOCAL 10 PENSION FUND

SHEET METAL WORKERS' LOCAL 10 PENSION FUND is a Other retirement plan sponsored by TRUSTEES OF SHEET METAL WORKERS' LOCAL 10 PENSION FUND, headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $322M in total end-of-year assets and covers 2,813 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 411562581, and the plan has been effective since 1986-09-02. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $358M at the beginning of 2022 to $322M at year-end — a decline of 10.1%. Net assets (after liabilities) closed the year at $322M, with reported net income of $-35,974,480 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$358M
Total Assets (End of Year)$322M
Net Assets (End of Year)$322M
Net Income$-35,974,480
Plan TypeOther
Employer EIN411562581
Plan Effective Date1986-09-02
Filing StatusFILING RECEIVED

Sponsor Plan History (TRUSTEES OF SHEET METAL WORKERS' LOCAL 10 PENSION FUND)

Year Plans Participants Total Assets
2022 1 2,813 $322M
2023 1 2,612 $366M
2024 1 2,616 $406M

Nearby Other Plans in Minnesota

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the SHEET METAL WORKERS' LOCAL 10 PENSION FUND?
As of the 2022 Form 5500 filing, SHEET METAL WORKERS' LOCAL 10 PENSION FUND holds $322M in total assets with 2,813 participants. It is sponsored by TRUSTEES OF SHEET METAL WORKERS' LOCAL 10 PENSION FUND.
What type of plan is SHEET METAL WORKERS' LOCAL 10 PENSION FUND?
SHEET METAL WORKERS' LOCAL 10 PENSION FUND is a Other plan. It has been effective since 1986-09-02. The plan is filed with the U.S. Department of Labor under EIN 411562581.
Who sponsors the SHEET METAL WORKERS' LOCAL 10 PENSION FUND?
SHEET METAL WORKERS' LOCAL 10 PENSION FUND is sponsored by TRUSTEES OF SHEET METAL WORKERS' LOCAL 10 PENSION FUND, located in Minnesota. The sponsor's EIN is 411562581 and the plan operates in the Construction industry.
How did SHEET METAL WORKERS' LOCAL 10 PENSION FUND perform in 2022?
SHEET METAL WORKERS' LOCAL 10 PENSION FUND declined by 10.1% during 2022, moving from $358M to $322M in total assets. Net income was $-35,974,480.
Where can I find official filings for SHEET METAL WORKERS' LOCAL 10 PENSION FUND?
Official Form 5500 filings for SHEET METAL WORKERS' LOCAL 10 PENSION FUND are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 411562581 or plan name at efast.dol.gov.
How does SHEET METAL WORKERS' LOCAL 10 PENSION FUND compare to other plans?
You can compare SHEET METAL WORKERS' LOCAL 10 PENSION FUND against other Other plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 411562581.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.