Defined Benefit (Pension) · DOL Form 5500 · 2022
Sheet Metal Workers Local 85 Pension Fund Pension Plan
Data updated 2026-08-11
- $148M
- Total assets
- 1,061
- Participants
- 95th
- Percentile by assets
- $139,510
- Avg per participant
Official DOL plan name: Sheet Metal Workers Local 85 Pension Fund · Sponsored by Sheet Metal Workers Local 85 Pension Fund · Tennessee · Construction
$148M in assets, 1,061 participants
Sheet Metal Workers Local 85 Pension Fund's Sheet Metal Workers Local 85 Pension Fund reported $148M in total assets and 1,061 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 139,126 plans)
- #9,287 in Construction (9,927 peers)
Where Sheet Metal Workers Local 85 Pension Fund sits by assets
Sheet Metal Workers Local 85 Pension Fund sits in the top 5% of all filed plans by assets, $148M for 1,061 participants (~$139,510/participant), down 11.8% in 2022.
- $148M
- total plan assets (2022 EOY)
- 1,061
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $139,510
- avg assets per participant
The plan reported a net loss of $20M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sheet Metal Workers Local 85 Pension Fund vs the 2022 asset distribution
By assets, Sheet Metal Workers Local 85 Pension Fund outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $168M |
|---|---|
| Net Assets (End of Year) | $148M |
| Net Income | -$20M |
| Employer EIN | 586084968 |
| Plan Effective Date | 1967-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sheet Metal Workers Local 85 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,061 | $148M |
| 2023 | 1 | 1,041 | $167M |
| 2024 | 1 | 1,055 | $187M |
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 85 Pension Fund vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants
- Fedex Corporation Employees' Pension Plan $25.6B · 119,742
- Retirement Plan of International Paper Company $8.8B · 20,914
- Pension Plan for Employees at Ornl $2.3B · 5,460
- Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee $2.0B · 2,920
- Nissan Employee Retirement Plan $1.5B · 4,575
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Sheet Metal Workers Local 85 Pension Fund by total assets, not by location.
- Edgewell Personal Care Company Defined Benefit Plan (CT) $148M · 708
- The Cooper Companies, Inc. Retirement Income Plan (CA) $148M · 1,857
- Unitil Corporation Retirement Plan (NH) $148M · 207
- Modine Manufacturing Company Frozen Pension Plan (MS) $148M · 977
Frequently Asked Questions
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Next read for Sheet Metal Workers Local 85 Pension Fun…
Scale reading
Ways to act on Sheet Metal Workers Local 85 Pension Fund's numbers.
- By total assets, Sheet Metal Workers Local 85 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Tennessee. Compare plans
- Sheet Metal Workers Local 85 Pension Fund's sponsor-wide assets have grown 26.5% since 2022 across 3 plan years on file. More Construction plans