Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees of the Smart Local Unions and Councils Pension Fund Pension Plan
Data updated 2026-08-06
- $349M
- Total assets
- 928
- Participants
- 97th
- Percentile by assets
- $375,912
- Avg per participant
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.
- 97th percentile by assets (of 139,258 plans)
- #8,347 in Other Services (8,406 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.
- $349M
- total plan assets (2022 EOY)
- 928
- covered participants
- 97th
- percentile by assets (of 139,258 plans)
- $375,912
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Smart Local Unions and Councils Pension Fund outranks 97% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.5x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $415M |
|---|---|
| Net Assets (End of Year) | $348M |
| Net Income | -$66M |
| Employer EIN | 874825609 |
| Plan Effective Date | 1971-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Smart Local Unions and Councils Pension Fund)
| 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
- Northrop Grumman Pension Plan $18.3B · 14,867
- Retirement Security Plan $9.4B · 54,531
- Ng Space&mission Systems Corp Salaried Pension Pla $8.1B · 7,799
- Dominion Energy Pension Plan $7.3B · 12,832
- Sheet Metal Workers' National Pension Fund $7.2B · 61,068
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Smart Local Unions and Councils Pension Fund by total assets, not by location.
- Sturdy Memorial Hospital Inc Retirement Plan (MA) $349M · 1,376
- Mativ Holdings, Inc. Pension Plan (GA) $349M · 62
- Sheet Metal Workers' Local 100 Washington, D.C. Area Pension Fund (OR) $348M · 1,371
- Packaging Corporation of America Hourly Pension Plan (IL) $350M · 3,360
Frequently Asked Questions
How did Smart Local Unions and Councils Pension Fund assets move in 2022? ▼
How have Board of Trustees of the Smart Local Unions and Councils Pension Fund plan assets changed over time? ▼
Where does Smart Local Unions and Councils Pension Fund rank by assets among Form 5500 filers? ▼
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Next read for Smart Local Unions and Councils Pension …
Scale reading
Ways to act on Smart Local Unions and Councils Pension Fund's numbers.
- By total assets, Smart Local Unions and Councils Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
- Board of Trustees of the Smart Local Unions and Councils Pension Fund's sponsor-wide assets have grown 13.8% since 2022 across 3 plan years on file. More Other Services plans