Defined Benefit (Pension) · DOL Form 5500 · 2022
Bd of Trustees Sheet Metal Workers' National Pension Fund Pension Plan
Data updated 2026-08-25
- $7.2B
- Total assets Very large vs avg
- 61,068
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $117,168
- Avg per participant Below avg balance/head
Official DOL plan name: Sheet Metal Workers' National Pension Fund · Sponsored by Bd of Trustees Sheet Metal Workers' National Pension Fund · Virginia · Construction
$7.2B in assets, 61,068 participants
Bd of Trustees Sheet Metal Workers' National Pension Fund's Sheet Metal Workers' National Pension Fund reported $7.2B in total assets and 61,068 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- #9,924 in Construction (9,927 peers)
Coverage in Virginia
Sheet Metal Workers' National Pension Fund covers 61,068 participants in Virginia, 78x the typical Virginia plan (state average ~782 per filing). Assets: $7.2B.
- #9,924
- in Construction (9,927 peers)
- -10.7%
- assets change YoY
- 72×
- vs typical plan assets (national mean)
The plan reported a net loss of $824M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sheet Metal Workers' National Pension Fund's outsized position by total assets
Sheet Metal Workers' National Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$7,155,241,333 Highest reported value at or above every one of 139,123 filed plans
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' National Pension Fund's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers' National Pension Fund is a mega filing (61,068 participants), the rightmost band on the breakdown.
Plan-year Form 5500 strip
Filing strip 526112463 · Bd of Trustees Sheet Metal Workers' National Pension Fund PY 2022 · Defined Benefit (Pension)
Sheet Metal Workers' National Pension Fund · $7.2B · 61,068 · 100th
- PCT $7.2B
- PCT 61,068
- PCT 100th
- PCT Defined Benefit (Pension)
- PCT near Cox Enterprises, Inc. Pension Plan
- PCT ind #9924
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 Construction retirement plans → · Plans in Virginia →
Sheet Metal Workers' National Pension Fund in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $8.0B |
|---|---|
| Net Assets (End of Year) | $6.6B |
| Net Income | -$824M |
| Employer EIN | 526112463 |
| Plan Effective Date | 1966-05-16 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bd of Trustees Sheet Metal Workers' National Pension Fund)
Sponsor-wide plan assets over time
All Bd of Trustees Sheet Metal Workers' National Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $8.9B 24.41560870830239% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 61,068 | $7.2B |
| 2023 | 1 | 61,272 | $8.3B |
| 2024 | 1 | 63,530 | $8.9B |
Nearby Defined Benefit (Pension) Plans in Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 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
- United Association National Pension Fund $6.7B · 81,342
Scale composition for Sheet Metal Workers' National Pension Fund
Sheet Metal Workers' National Pension Fund reports $7.2B in end-of-year assets across 61,068 participants (0.058% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.065% of 93,925,755 covered participants) - about $117,168 per participant (85% of the national average assets-per-participant) . Net income for plan year 2022 was -$824M.
This plan identity (EIN 526112463, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.2B to $8.9B (+24.4%) while covered participants moved from 61,068 to 63,530 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 61,068 | $7.2B | This page |
| 2023 | 61,272 | $8.3B | Open filing |
| 2024 · index core | 63,530 | $8.9B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Sheet Metal Workers' National Pension Fund (Defined Benefit (Pension), $8.9B, 63,530 participants)
Sheet Metal Workers' National Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Virginia, the nearest Defined Benefit (Pension) by assets is Cox Enterprises, Inc. Pension Plan in GA ($7.1B); by covered participants it is The Bank of America Pension Plan in RI (59,906 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7.2B here).
- Cox Enterprises, Inc. Pension Plan (GA) $7.1B · 26,075
- John Deere Pension Plan for Salaried Employees (IL) $7.3B · N/A
- Delta Retirement Plan (GA) $7.4B · 15,951
- Boilermaker-Blacksmith National Pension Trust (MO) $7.5B · 31,010
Similar participant headcount
Nearest other-state filings by covered participants (61,068 participants); asset peers above are excluded.
- The Bank of America Pension Plan (RI) 59,906 · 1,162 off
- Wells Fargo & Company Cash Balance Plan (CA) 59,141 · 1,927 off
- The PNC Financial Services Group, Inc. Pension Plan (PA) 63,731 · 2,663 off
- Motion Picture Industry Pension Plan (CA) 63,914 · 2,846 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.