Profit Sharing · DOL Form 5500 · 2022
Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund Profit Sharing Plan
Data updated 2026-08-11
- $27M
- Total assets
- 556
- Participants
- 82nd
- Percentile by assets
- $49,424
- Avg per participant
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.
- 82nd percentile by assets (of 139,126 plans)
- #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.
- $27M
- total plan assets (2022 EOY)
- 556
- covered participants
- 82nd
- percentile by assets (of 139,126 plans)
- $49,424
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Sheet Metal Workers Local Union No. 292 Annuity Fund outranks 82% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $33M |
|---|---|
| Net Assets (End of Year) | $27M |
| Net Income | -$6M |
| Employer EIN | 383204600 |
| Plan Effective Date | 1994-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund)
| 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
- Henry Ford Health System Retirement Savings Plan $1.6B · 15,480
- Construction Industry Retirement Fund of Rockford $475M · 10,395
- Ohio Carpenters' Annuity Plan $371M · 8,330
- IBEW Local 150 Supplemental Pension Fund $248M · 1,286
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $234M · 687
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sheet Metal Workers Local Union No. 292 Annuity Fund by total assets, not by location.
Frequently Asked Questions
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Ways to act on Sheet Metal Workers Local Union No. 292 Annuity Fund's numbers.
- By total assets, Sheet Metal Workers Local Union No. 292 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
- Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund's sponsor-wide assets have grown 36.0% since 2022 across 3 plan years on file. More Manufacturing plans