Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees of the Smart Local Unions and Councils Pension Fund Pension Plan

Data updated 2026-08-25

$349M
Total assets Above avg plan size
928
Participants Near avg headcount
97th
Percentile by assets National rank
$375,912
Avg per participant High balance/head
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Official DOL plan name: Smart Local Unions and Councils Pension Fund · Sponsored by Board of Trustees of the Smart Local Unions and Councils Pension Fund · Virginia · Other Services

$349M in assets, 928 participants

Board of Trustees of the Smart Local Unions and Councils Pension Fund's Smart Local Unions and Councils Pension Fund reported $349M in total assets and 928 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,339 in Other Services (8,398 peers)

Where Smart Local Unions and Councils Pension Fund sits by assets

Smart Local Unions and Councils Pension Fund sits in the top 5% of all filed plans by assets, $349M for 928 participants (~$375,912/participant), down 16.0% in 2022.

#8,339
in Other Services (8,398 peers)
-16.0%
assets change YoY
3.5×
vs typical plan assets (national mean)

The plan reported a net loss of $66M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Smart Local Unions and Councils Pension Fund's outsized position by total assets

Smart Local Unions and Councils Pension Fund vs every filed plan by assets

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

$348,846,578 Top 3% higher than 97% 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

Smart Local Unions and Councils 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. Smart Local Unions and Councils Pension Fund sits mid-pack in the medium band (928 participants).

EBSA filing schedule strip

Filing strip 874825609 · Board of Trustees of the Smart Local Unions and Councils Pension Fund PY 2022 · Defined Benefit (Pension)

Smart Local Unions and Councils Pension Fund · $349M · 928 · 97th

  • EOY $349M
  • EOY 928
  • EOY 97th
  • EOY Defined Benefit (Pension)
  • EOY near Sturdy Memorial Hospital Inc Retirement Plan
  • EOY ind #8339

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 Virginia →

Smart Local Unions and Councils Pension Fund in the asset neighbourhood

Packaging Corporation of America Hourly Pension PlanPackaging Corporation of Ame…$350MMativ Holdings, Inc. Pension PlanMativ Holdings, Inc. Pension…$349MSturdy Memorial Hospital Inc Retirement PlanSturdy Memorial Hospital Inc…$349MSmart Local Unions and Councils Pension FundSmart Local Unions and Counc…$349MSheet Metal Workers' Local 100 Washington, D.C. Area Pension FundSheet Metal Workers' Local 1…$348M
End-of-year total assets ($M) among Smart Local Unions and Councils 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)$415M
Net Assets (End of Year)$348M
Net Income-$66M
Employer EIN874825609
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Smart Local Unions and Councils Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of the Smart Local Unions and Councils Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$397M 13.752946431367889% vs 2022
2024 filing year
$340M$360M$380M$400M$420M 202220232024 $349M $397M ▲ +13.8%
Year Plans Participants Total Assets
2022 1 928 $349M
2023 1 938 $375M
2024 1 1,026 $397M

Nearby Defined Benefit (Pension) Plans in Virginia

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

Smart Local Unions and Councils Pension Fund vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Smart Local Unions and Councils Pension Fund, Total assets ($B): 0.348846578 · Participants: 928Smart Local Unions and Councils Pension FundNorthrop Grumman Pension Plan, Total assets ($B): 18.331391337 · Participants: 14867Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 9.385168374 · Participants: 54531Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.061267673 · Participants: 7799Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 7.265847838 · Participants: 12832Dominion Energy Pension PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 7.155241333 · Participants: 61068Sheet Metal Workers' National Pension Fund
Smart Local Unions and Councils Pension Fund vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Smart Local Unions and Councils Pension Fund side-by-side with 3 peers →

Smart Local Unions and Councils Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Sturdy Memorial Hospital Inc Retirement Plan in MA ($349M); by covered participants it is The Teknor Apex Company Retirement Plan in RI (927 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (928 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 Smart Local Unions and Councils Pension Fund assets move in 2022? ▼
Smart Local Unions and Councils Pension Fund declined sharply - down 16.0% during 2022, from $415M to $349M. Reported net income was -$66M.
How have Board of Trustees of the Smart Local Unions and Councils Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of the Smart Local Unions and Councils Pension Fund's sponsor-wide assets grew 13.8%, from $349M to $397M.
Where does Smart Local Unions and Councils Pension Fund rank by assets among Form 5500 filers? ▼
Smart Local Unions and Councils Pension Fund ranks in the 97th 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 Smart Local Unions and Councils Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sturdy Memorial Hospital Inc Retirement Plan in MA ($349M, 1,376 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Smart Local Unions and Councils Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Teknor Apex Company Retirement Plan in RI (927 participants, $233M 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 874825609.

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.