Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees - Sheet Metal Workers Local No. 177 Pension Fund Pension Plan

Data updated 2026-08-25

$62M
Total assets Below avg plan size
575
Participants Below avg headcount
90th
Percentile by assets National rank
$108,081
Avg per participant Below avg balance/head
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Official DOL plan name: Sheet Metal Workers Local No. 177 Pension Fund · Sponsored by Trustees - Sheet Metal Workers Local No. 177 Pension Fund · Tennessee · Construction

$62M in assets, 575 participants

Trustees - Sheet Metal Workers Local No. 177 Pension Fund's Sheet Metal Workers Local No. 177 Pension Fund reported $62M in total assets and 575 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #8,741 in Construction (9,927 peers)

Where Sheet Metal Workers Local No. 177 Pension Fund sits by assets

Sheet Metal Workers Local No. 177 Pension Fund sits in the top 10% of all filed plans by assets, $62M for 575 participants (~$108,081/participant), down 14.8% in 2022.

#8,741
in Construction (9,927 peers)
-14.8%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sheet Metal Workers Local No. 177 Pension Fund's outsized position by total assets

Sheet Metal Workers Local No. 177 Pension Fund vs every filed plan by assets

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

$62,146,849 Top 10% higher than 90% 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 No. 177 Pension Fund among mid-size 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 No. 177 Pension Fund sits mid-pack in the medium band (575 participants).

Form 5500 schedule snapshot

Filing strip 626093256 · Trustees - Sheet Metal Workers Local No. 177 Pension Fund PY 2022 · Defined Benefit (Pension)

Sheet Metal Workers Local No. 177 Pension Fund · $62M · 575 · 90th

  • RANK $62M
  • RANK 575
  • RANK 90th
  • RANK Defined Benefit (Pension)
  • RANK near Leggett & Platt, Incorporated Retirement Plan
  • RANK ind #8741

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 Tennessee →

Sheet Metal Workers Local No. 177 Pension Fund in the asset neighbourhood

Indian River Memorial Hospital, Inc. Pension PlanIndian River Memorial Hospit…$62MSchurz Communications, Inc. Retirement PlanSchurz Communications, Inc. …$62MSheet Metal Workers Local No. 177 Pension FundSheet Metal Workers Local No…$62MLeggett & Platt, Incorporated Retirement PlanLeggett & Platt, Incorporate…$62MNewsguild of New York Consumer Reports Pension PlaNewsguild of New York Consum…$62M
End-of-year total assets ($M) among Sheet Metal Workers Local No. 177 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$73M
Net Assets (End of Year)$62M
Net Income-$11M
Employer EIN626093256
Plan Effective Date1967-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees - Sheet Metal Workers Local No. 177 Pension Fund)

Sponsor-wide plan assets over time

All Trustees - Sheet Metal Workers Local No. 177 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$76M 21.67151386870797% vs 2022
2024 filing year
$60M$65M$70M$75M$80M 202220232024 $62.2M $75.6M ▲ +21.7%
Year Plans Participants Total Assets
2022 1 575 $62M
2023 1 653 $70M
2024 1 646 $76M

Nearby Defined Benefit (Pension) Plans in Tennessee

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

Sheet Metal Workers Local No. 177 Pension Fund vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Sheet Metal Workers Local No. 177 Pension Fund, Total assets ($B): 0.062146849 · Participants: 575Sheet Metal Workers Local No. 177 Pension FundFedex Corporation Employees' Pension Plan, Total assets ($B): 25.607567505 · Participants: 119742Fedex Corporation Employees' Pension PlanRetirement Plan of International Paper Company, Total assets ($B): 8.844607131 · Participants: 20914Retirement Plan of International Paper CompanyPension Plan for Employees at Ornl, Total assets ($B): 2.326549411 · Participants: 5460Pension Plan for Employees at OrnlRetirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee, Total assets ($B): 2.039541449 · Participants: 2920Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, TennesseeNissan Employee Retirement Plan, Total assets ($B): 1.533696203 · Participants: 4575Nissan Employee Retirement Plan
Sheet Metal Workers Local No. 177 Pension Fund vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants
Compare Sheet Metal Workers Local No. 177 Pension Fund side-by-side with 3 peers →

Sheet Metal Workers Local No. 177 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Tennessee, the nearest Defined Benefit (Pension) by assets is Leggett & Platt, Incorporated Retirement Plan in MO ($62M); by covered participants it is Outstate Michigan Trowel Trades Pension Fund in MI (574 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (575 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 No. 177 Pension Fund assets move in 2022? ▼
Sheet Metal Workers Local No. 177 Pension Fund pulled back noticeably - down 14.8% during 2022, from $73M to $62M. Reported net income was -$11M.
How have Trustees - Sheet Metal Workers Local No. 177 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees - Sheet Metal Workers Local No. 177 Pension Fund's sponsor-wide assets grew 21.7%, from $62M to $76M.
Where does Sheet Metal Workers Local No. 177 Pension Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local No. 177 Pension Fund ranks in the 90th 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 Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local No. 177 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Leggett & Platt, Incorporated Retirement Plan in MO ($62M, 733 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local No. 177 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Outstate Michigan Trowel Trades Pension Fund in MI (574 participants, $74M in assets).

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 626093256.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.