Profit Sharing · DOL Form 5500 · 2022

Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
556
Participants Below avg headcount
82nd
Percentile by assets National rank
$49,424
Avg per participant Low balance/head
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Official DOL plan name: Sheet Metal Workers Local Union No. 292 Annuity Fund · Sponsored by Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund · Michigan · Manufacturing

$27M in assets, 556 participants

Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund's Sheet Metal Workers Local Union No. 292 Annuity Fund reported $27M in total assets and 556 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • #15,263 in Manufacturing (20,602 peers)

Where Sheet Metal Workers Local Union No. 292 Annuity Fund sits by assets

Sheet Metal Workers Local Union No. 292 Annuity Fund sits in the top quartile of all filed plans by assets, $27M for 556 participants (~$49,424/participant), down 17.1% in 2022.

#15,263
in Manufacturing (20,602 peers)
-17.1%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sheet Metal Workers Local Union No. 292 Annuity Fund's outsized position by total assets

Sheet Metal Workers Local Union No. 292 Annuity Fund vs every filed plan by assets

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

$27,479,511 Top 18% higher than 82% 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 Union No. 292 Annuity 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 Union No. 292 Annuity Fund sits mid-pack in the medium band (556 participants).

Plan-year Form 5500 strip

Filing strip 383204600 · Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund PY 2022 · Profit Sharing

Sheet Metal Workers Local Union No. 292 Annuity Fund · $27M · 556 · 82nd

  • IND $27M
  • IND 556
  • IND 82nd
  • IND Profit Sharing
  • IND near Hyspan Precision Products, Inc. Profit Sharing Plan
  • IND ind #15263

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 Manufacturing retirement plans → · Plans in Michigan →

Sheet Metal Workers Local Union No. 292 Annuity Fund in the asset neighbourhood

The Carroll School Retirement PlanThe Carroll School Retiremen…$28MHyspan Precision Products, Inc. Profit Sharing PlanHyspan Precision Products, I…$28MSheet Metal Workers Local Union No. 292 Annuity FundSheet Metal Workers Local Un…$27MArtis Naples, Inc. Retirement PlanArtis Naples, Inc. Retiremen…$27MIron Workers, Riggers & Machinery Movers Local 405 Annuity FundIron Workers, Riggers & Mach…$27M
End-of-year total assets ($M) among Sheet Metal Workers Local Union No. 292 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$27M
Net Income-$6M
Employer EIN383204600
Plan Effective Date1994-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund)

Sponsor-wide plan assets over time

All Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$37M 35.963136316363126% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.5M $37.4M ▲ +36.0%
Year Plans Participants Total Assets
2022 1 556 $27M
2023 1 550 $32M
2024 1 537 $37M

Nearby Profit Sharing Plans in Michigan

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local Union No. 292 Annuity Fund vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Sheet Metal Workers Local Union No. 292 Annuity Fund, Total assets ($B): 0.027479511 · Participants: 556Sheet Metal Workers Local Union No. 292 Annuity FundHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.562673044 · Participants: 15480Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.474769731 · Participants: 10395Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.370960232 · Participants: 8330Ohio Carpenters' Annuity PlanIBEW Local 150 Supplemental Pension Fund, Total assets ($B): 0.247597207 · Participants: 1286IBEW Local 150 Supplemental Pension FundHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.233598708 · Participants: 687Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan
Sheet Metal Workers Local Union No. 292 Annuity Fund vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Sheet Metal Workers Local Union No. 292 Annuity Fund side-by-side with 3 peers →

Sheet Metal Workers Local Union No. 292 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Hyspan Precision Products, Inc. Profit Sharing Plan in CA ($28M); by covered participants it is Easterseals Arc 403(b) Plan in IN (556 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (556 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 Union No. 292 Annuity Fund assets move in 2022? ▼
Sheet Metal Workers Local Union No. 292 Annuity Fund declined sharply - down 17.1% during 2022, from $33M to $27M. Reported net income was -$6M.
How have Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund's sponsor-wide assets grew 36.0%, from $27M to $37M.
Where does Sheet Metal Workers Local Union No. 292 Annuity Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local Union No. 292 Annuity Fund ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local Union No. 292 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Hyspan Precision Products, Inc. Profit Sharing Plan in CA ($28M, 408 participants).
Which Profit Sharing plans cover a similar participant headcount to Sheet Metal Workers Local Union No. 292 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Easterseals Arc 403(b) Plan in IN (556 participants, $8M 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 383204600.

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.