Profit Sharing · DOL Form 5500 · 2022
Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund Profit Sharing Plan
Data updated 2026-08-11
- $88M
- Total assets
- 1,041
- Participants
- 92nd
- Percentile by assets
- $84,220
- Avg per participant
Official DOL plan name: Sheet Metal Workers Local Union No. 12 Annuity Fund · Sponsored by Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund · Pennsylvania · Construction
$88M in assets, 1,041 participants
Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund's Sheet Metal Workers Local Union No. 12 Annuity Fund reported $88M in total assets and 1,041 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 139,126 plans)
- #9,005 in Construction (9,927 peers)
Where Sheet Metal Workers Local Union No. 12 Annuity Fund sits by assets
Sheet Metal Workers Local Union No. 12 Annuity Fund sits in the top 10% of all filed plans by assets, $88M for 1,041 participants (~$84,220/participant), down 17.9% in 2022.
- $88M
- total plan assets (2022 EOY)
- 1,041
- covered participants
- 92nd
- percentile by assets (of 139,126 plans)
- $84,220
- avg assets per participant
The plan reported a net loss of $19M 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. 12 Annuity Fund vs the 2022 asset distribution
By assets, Sheet Metal Workers Local Union No. 12 Annuity Fund outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $107M |
|---|---|
| Net Assets (End of Year) | $88M |
| Net Income | -$19M |
| Employer EIN | 251478389 |
| Plan Effective Date | 1983-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,041 | $88M |
| 2023 | 1 | 980 | $99M |
| 2024 | 1 | 973 | $112M |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers Local Union No. 12 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
- Eastern Atlantic States Carpenters Annuity Fund $2.0B · 8,058
- University of Pennsylvania Basic Plan $1.4B · 14,515
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $958M · 3,904
- Temple University Health System, Inc. Defined Contribution Retirement Plan $640M · 9,017
- Steamfitters Local Union No. 420 Srp $587M · 6,353
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sheet Metal Workers Local Union No. 12 Annuity Fund by total assets, not by location.
- Beloit Health System 403(b) Plan (WI) $88M · 1,689
- The Agma Retirement Plan (NY) $88M · 7,814
- Plumbers and Steamfitters Local No. 7 Annuity Fund (NY) $87M · 1,019
- Hood College Defined Contribution Retirement Plan (MD) $87M · 299
Frequently Asked Questions
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Ways to act on Sheet Metal Workers Local Union No. 12 Annuity Fund's numbers.
- By total assets, Sheet Metal Workers Local Union No. 12 Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund's sponsor-wide assets have grown 28.0% since 2022 across 3 plan years on file. More Construction plans