Defined Benefit (Pension) · DOL Form 5500 · 2022

Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund Pension Plan

Data updated 2026-08-25

$174M
Total assets Near avg plan size
846
Participants Near avg headcount
95th
Percentile by assets National rank
$205,881
Avg per participant Above avg balance/head
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Official DOL plan name: Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund · Sponsored by Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund · Indiana · Other Services

$174M in assets, 846 participants

Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund's Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund reported $174M in total assets and 846 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.

  • #8,280 in Other Services (8,398 peers)

Where Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund sits by assets

Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund sits in the top 5% of all filed plans by assets, $174M for 846 participants (~$205,881/participant), down 14.9% in 2022.

#8,280
in Other Services (8,398 peers)
-14.9%
assets change YoY
1.7×
vs typical plan assets (national mean)

The plan reported a net loss of $31M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund's outsized position by total assets

Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund vs every filed plan by assets

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

$174,175,009 Top 5% higher than 95% 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. 20, Indianapolis Area, 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. 20, Indianapolis Area, Pension Fund sits mid-pack in the medium band (846 participants).

Form 5500 schedule snapshot

Filing strip 510168516 · Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund PY 2022 · Defined Benefit (Pension)

Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund · $174M · 846 · 95th

  • PART $174M
  • TYPE 846
  • NET 95th
  • BOOK Defined Benefit (Pension)
  • VS-ST near IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan
  • BOY ind #8280

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 Other Services retirement plans → · Plans in Indiana →

Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund in the asset neighbourhood

Laundry, Dry Cleaning Workers & Allied Industries Retirement Fund, Workers UnitedLaundry, Dry Cleaning Worker…$174MElectrician's Retirement Fund$174MSheet Metal Workers Local No. 20, Indianapolis Area, Pension FundSheet Metal Workers Local No…$174MIBEW Local No 640 & Az Chapter NECA Defined Benefit Pension PlanIBEW Local No 640 & Az Chapt…$174MLink-Belt Construction Equipment Company Employees' Retirement PlanLink-Belt Construction Equip…$174M
End-of-year total assets ($M) among Sheet Metal Workers Local No. 20, Indianapolis Area, 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)$205M
Net Assets (End of Year)$174M
Net Income-$31M
Employer EIN510168516
Plan Effective Date1964-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund)

Sponsor-wide plan assets over time

All Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$212M 21.528244617458295% vs 2022
2024 filing year
$160M$180M$200M$220M 202220232024 $174M $212M ▲ +21.5%
Year Plans Participants Total Assets
2022 1 846 $174M
2023 1 832 $194M
2024 1 886 $212M

Nearby Defined Benefit (Pension) Plans in Indiana

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

Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -5051015 Total assets ($B) Participants Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund, Total assets ($B): 0.174175009 · Participants: 846Sheet Metal Workers Local No. 20, Indianapolis Area, Pension FundThe Lilly Retirement Plan, Total assets ($B): 11.231261789 · Participants: 16878The Lilly Retirement PlanCummins Pension Plan, Total assets ($B): 3.227971207 · Participants: 24119Cummins Pension PlanIndiana Laborers Pension Fund, Total assets ($B): 1.488495807 · Participants: 9896Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.222287988 · Participants: 8650Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.05154978 · Participants: 2283Nisource Pension Plan
Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Indiana, the nearest Defined Benefit (Pension) by assets is IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan in AZ ($174M); by covered participants it is Ncci Holdings, Inc. Employees' Retirement Plan in FL (846 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (846 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. 20, Indianapolis Area, Pension Fund assets move in 2022?
Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund pulled back noticeably - down 14.9% during 2022, from $205M to $174M. Reported net income was -$31M.
How have Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund's sponsor-wide assets grew 21.5%, from $174M to $212M.
Where does Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund rank by assets among Form 5500 filers?
Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan in AZ ($174M, 1,710 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ncci Holdings, Inc. Employees' Retirement Plan in FL (846 participants, $41M in assets).