Defined Benefit (Pension) · DOL Form 5500 · 2022
Sheet Metal Workers Local 85 Pension Fund Pension Plan
Data updated 2026-08-25
- $148M
- Total assets Near avg plan size
- 1,061
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $139,510
- Avg per participant Near avg balance/head
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.
- #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.
- #9,287
- in Construction (9,927 peers)
- -11.8%
- assets change YoY
- 1.5×
- vs typical plan assets (national mean)
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's outsized position by total assets
Sheet Metal Workers Local 85 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$148,020,010 Top 5% higher than 95% 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 85 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 85 Pension Fund lands in the large band (1,061 participants).
Form 5500 schedule snapshot
Filing strip 586084968 · Sheet Metal Workers Local 85 Pension Fund PY 2022 · Defined Benefit (Pension)
Sheet Metal Workers Local 85 Pension Fund · $148M · 1,061 · 95th
- TYPE $148M
- NET 1,061
- BOOK 95th
- VS-ST Defined Benefit (Pension)
- BOY near Edgewell Personal Care Company Defined Benefit Plan
- SCH ind #9287
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 85 Pension Fund in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Sheet Metal Workers Local 85 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $187M 26.546033877446707% vs 2022
- 2024 filing year
| 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.
- 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
Sheet Metal Workers Local 85 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Tennessee, the nearest Defined Benefit (Pension) by assets is Edgewell Personal Care Company Defined Benefit Plan in CT ($148M); by covered participants it is Transocean U.S. Retirement Plan in (1,062 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($148M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (1,061 participants); asset peers above are excluded.
- Transocean U.S. Retirement Plan () 1,062 · 1 off
- Building Laborers Local 310 Pension Fund (OH) 1,062 · 1 off
- Retirement Allowance Plan of the University of Pennsylvania (PA) 1,062 · 1 off
- Northwestern Ohio Plumbers and Pipefitters Pension Plan and Trust (OH) 1,059 · 2 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.