Defined Benefit (Pension) · DOL Form 5500 · 2022

Sheet Metal Workers Lo 194 Industrial Pension Fund Pension Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
87
Participants Small participant base
43rd
Percentile by assets National rank
$38,820
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sheet Metal Workers Local 194 Industrial Pension Fund · Sponsored by Sheet Metal Workers Lo 194 Industrial Pension Fund · Pennsylvania · Construction

$3M in assets, 87 participants

Sheet Metal Workers Lo 194 Industrial Pension Fund's Sheet Metal Workers Local 194 Industrial Pension Fund reported $3M in total assets and 87 participants in its 2022 DOL Form 5500 filing, ranking in the 43rd 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.

  • #4,079 in Construction (9,927 peers)

Sheet Metal Workers Lo 194 Industrial Pension Fund multi-year trail

Sheet Metal Workers Lo 194 Industrial Pension Fund's plans moved +15.2% in assets from 2022 to 2024; this filing shows Sheet Metal Workers Local 194 Industrial Pension Fund at $3M / 87 participants.

#4,079
in Construction (9,927 peers)
-10.3%
assets change YoY

The plan reported a net loss of $387K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sheet Metal Workers Local 194 Industrial Pension Fund's mid-pack asset rank among Construction and all filers

Sheet Metal Workers Local 194 Industrial Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$3,377,368 43rd percentile higher than 43% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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 194 Industrial Pension Fund among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers Local 194 Industrial Pension Fund is a small filing (87 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 232203610 · Sheet Metal Workers Lo 194 Industrial Pension Fund PY 2022 · Defined Benefit (Pension)

Sheet Metal Workers Local 194 Industrial Pension Fund · $3M · 87 · 43rd

  • PCT $3M
  • PCT 87
  • PCT 43rd
  • PCT Defined Benefit (Pension)
  • PCT near Nippon Dynawave Packaging Company Pension Plan for Salaried Employees
  • PCT ind #4079

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 Pennsylvania →

Sheet Metal Workers Local 194 Industrial Pension Fund in the asset neighbourhood

Sheet Metal Workers Local 194 Industrial Pension FundSheet Metal Workers Local 19…$3MNippon Dynawave Packaging Company Pension Plan for Salaried EmployeesNippon Dynawave Packaging Co…$3MMri USA Inc. Employees' Pension Plan and TrustMri USA Inc. Employees' Pens…$3MRock River Energy Services Co. Pension Plan and TrustRock River Energy Services C…$3MDr. Leonard Goldman, P.a. Cash Balance PlanDr. Leonard Goldman, P.a. Ca…$3M
End-of-year total assets ($M) among Sheet Metal Workers Local 194 Industrial Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Sheet Metal Workers Lo 194 Industrial Pension Fund multi-year asset trail

Sponsor-wide plan assets over time

All Sheet Metal Workers Lo 194 Industrial Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$4M 15.196596876621085% vs 2022
2024 filing year
$3.2M$3.4M$3.6M$3.8M$4M 202220232024 $3.38M $3.89M ▲ +15.1%
Year Plans Participants Total Assets
2022 1 87 $3M
2023 1 87 $4M
2024 1 87 $4M

Sheet Metal Workers Lo 194 Industrial Pension Fund filing trail (2022)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$387K
Employer EIN232203610
Plan Effective Date1963-09-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local 194 Industrial Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sheet Metal Workers Local 194 Industrial Pension Fund, Total assets ($B): 0.003377368 · Participants: 87Sheet Metal Workers Local 194 Industrial Pension FundNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Sheet Metal Workers Local 194 Industrial Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Sheet Metal Workers Local 194 Industrial Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Nippon Dynawave Packaging Company Pension Plan for Salaried Employees in WA ($3M); by covered participants it is Columbus Orthopaedic Clinic, P.a. Cash Balance Plan in MS (87 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (87 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sheet Metal Workers Local 194 Industrial Pension Fund assets move in 2022?
Sheet Metal Workers Local 194 Industrial Pension Fund pulled back noticeably - down 10.3% during 2022, from $4M to $3M. Reported net income was -$387K.
How have Sheet Metal Workers Lo 194 Industrial Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Sheet Metal Workers Lo 194 Industrial Pension Fund's sponsor-wide assets grew 15.2%, from $3M to $4M.
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local 194 Industrial Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Nippon Dynawave Packaging Company Pension Plan for Salaried Employees in WA ($3M, 62 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local 194 Industrial Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Columbus Orthopaedic Clinic, P.a. Cash Balance Plan in MS (87 participants, N/A in assets).