Profit Sharing · DOL Form 5500 · 2022
Sheet Metal Workers Local No. 17 Annuity Income Fund Profit Sharing Plan
Data updated 2026-08-11
- $540M
- Total assets
- 2,153
- Participants
- 98th
- Percentile by assets
- $251,029
- Avg per participant
Official DOL plan name: Sheet Metal Workers Local 17 Annuity Income Fund · Sponsored by Sheet Metal Workers Local No. 17 Annuity Income Fund · Massachusetts · Administrative & Support Services
$540M in assets, 2,153 participants
Sheet Metal Workers Local No. 17 Annuity Income Fund's Sheet Metal Workers Local 17 Annuity Income Fund reported $540M in total assets and 2,153 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #4,896 in Administrative & Support Services (4,927 peers)
Coverage in Massachusetts
Sheet Metal Workers Local 17 Annuity Income Fund covers 2,153 participants in Massachusetts, 3.3x the typical Massachusetts plan (state average ~659 per filing). Assets: $540M.
- $540M
- total plan assets (2022 EOY)
- 2,153
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $251,029
- avg assets per participant
The plan reported a net loss of $21M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Sheet Metal Workers Local 17 Annuity Income Fund reports 2,153 participants - 3.3x that state average ($540M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $424M |
|---|---|
| Net Assets (End of Year) | $540M |
| Net Income | -$21M |
| Employer EIN | 046394579 |
| Plan Effective Date | 1975-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sheet Metal Workers Local No. 17 Annuity Income Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,153 | $540M |
| 2023 | 1 | 2,868 | $617M |
| 2024 | 1 | 3,065 | $656M |
Nearby Profit Sharing Plans in Massachusetts
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers Local 17 Annuity Income Fund vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
- Consolidated 403(b) Program of Mass General Brigham and Member Organizations $12.1B · 74,556
- Demoulas (Restated) Profit Sharing Plan & Trust $873M · 12,106
- Dana-Farber Cancer Institute Retirement Plan $635M · 4,216
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $573M · 5,008
- Medical Information Technology, Inc. Profit Sharing Plan $414M · 3,109
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sheet Metal Workers Local 17 Annuity Income Fund by total assets, not by location.
- Sheet Metal Workers Local Union No. 28 Annuity Fund (NY) $541M · 3,871
- Fairview Health Services Pension Plan (MN) $542M · 5,177
- Legacy Health Defined Contribution Retirement Plan (OR) $557M · 10,849
- Morgan, Lewis & Bockius LLP Defined Contribution Plan (PA) $558M · 2,434
Frequently Asked Questions
How did Sheet Metal Workers Local 17 Annuity Income Fund assets move in 2022? ▼
How have Sheet Metal Workers Local No. 17 Annuity Income Fund plan assets changed over time? ▼
Where does Sheet Metal Workers Local 17 Annuity Income Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local 17 Annuity Income Fund? ▼
Next read for Sheet Metal Workers Local 17 Annuity Inc…
Filing takeaways
Ways to act on Sheet Metal Workers Local 17 Annuity Income Fund's numbers.
- By total assets, Sheet Metal Workers Local 17 Annuity Income Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
- Sheet Metal Workers Local No. 17 Annuity Income Fund's sponsor-wide assets have grown 21.4% since 2022 across 3 plan years on file. More Administrative & Support Services plans