Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees, Sheet Metal Workers' Pension Plan Pension Plan

Data updated 2026-08-06

$957M
Total assets
4,520
Participants
99th
Percentile by assets
$211,653
Avg per participant
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Official DOL plan name: Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada · Sponsored by Board of Trustees, Sheet Metal Workers' Pension Plan · California · Construction

$957M in assets, 4,520 participants

Board of Trustees, Sheet Metal Workers' Pension Plan's Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada reported $957M in total assets and 4,520 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,258 plans)
  • #9,824 in Construction (9,938 peers)

Coverage in California

Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada covers 4,520 participants in California, 7.1x the typical California plan (state average ~637 per filing). Assets: $957M.

$957M
total plan assets (2022 EOY)
4,520
covered participants
99th
percentile by assets (of 139,258 plans)
$211,653
avg assets per participant

The plan reported a net loss of $56M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada reports 4,520 participants - 7.1x that state average ($957M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$951M
Net Income-$56M
Employer EIN956052257
Plan Effective Date1958-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Sheet Metal Workers' Pension Plan)

$1B$2B$3B$4B 202220232024 $3.22B $1.42B ▼ -55.9%
Total plan assets by year, all Board of Trustees, Sheet Metal Workers' Pension Plan plans on file
Year Plans Participants Total Assets
2022 3 14,291 $3.2B
2023 1 5,299 $1.3B
2024 1 5,402 $1.4B

Nearby Defined Benefit (Pension) Plans in California

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

Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Sheet Metal Workers'…Kaiser Permanente Re…Pacific Gas and Elec…Retirement Plan for …Disney Salaried Pens…Wells Fargo & Compan…
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada assets move in 2022?
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada pulled back noticeably - down 5.7% during 2022, from $1.0B to $957M. Reported net income was -$56M.
How have Board of Trustees, Sheet Metal Workers' Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Sheet Metal Workers' Pension Plan's sponsor-wide assets declined 55.8%, from $3.2B to $1.4B.
Where does Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada rank by assets among Form 5500 filers?
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada?
Among Defined Benefit (Pension) plans in other states, the closest by assets is International Union of Operating Engineers Pension Fund of Eastern Pennsylvania and Delaware in PA ($956M, 2,860 participants).

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Filing takeaways

Ways to act on Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada's numbers.

  • By total assets, Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
  • Board of Trustees, Sheet Metal Workers' Pension Plan's sponsor-wide assets have declined 55.8% since 2022 across 3 plan years on file. More Construction plans