Profit Sharing · DOL Form 5500 · 2022

Sheet Metal Workers Local 46 Annuity Plan Board of Trustees Profit Sharing Plan

Data updated 2026-08-11

$39M
Total assets
379
Participants
86th
Percentile by assets
$102,951
Avg per participant
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Official DOL plan name: Sheet Metal Workers Local 46 Annuity Plan · Sponsored by Sheet Metal Workers Local 46 Annuity Plan Board of Trustees · New York · Construction

$39M in assets, 379 participants

Sheet Metal Workers Local 46 Annuity Plan Board of Trustees's Sheet Metal Workers Local 46 Annuity Plan reported $39M in total assets and 379 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 139,126 plans)
  • #8,355 in Construction (9,927 peers)

Coverage in New York

Sheet Metal Workers Local 46 Annuity Plan covers 379 participants in New York, about 48% of the average New York filer (state average ~798 per filing). Assets: $39M.

$39M
total plan assets (2022 EOY)
379
covered participants
86th
percentile by assets (of 139,126 plans)
$102,951
avg assets per participant

Where Sheet Metal Workers Local 46 Annuity Plan sits by total assets

Sheet Metal Workers Local 46 Annuity Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$39,018,325 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Sheet Metal Workers Local 46 Annuity Plan reports 379 participants - about 48% of that state average ($39M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$39M
Net Income$2M
Employer EIN161168659
Plan Effective Date1981-09-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local 46 Annuity Plan Board of Trustees)

$35M$40M$45M$50M 202220232024 $39M $47.3M ▲ +21.2%
Total plan assets by year, all Sheet Metal Workers Local 46 Annuity Plan Board of Trustees plans on file
Year Plans Participants Total Assets
2022 1 379 $39M
2023 1 371 $44M
2024 1 396 $47M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local 46 Annuity Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Sheet Metal Workers Local 46 Annuity Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Sheet Metal Workers …Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
Sheet Metal Workers Local 46 Annuity Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Sheet Metal Workers Local 46 Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal Workers Local 46 Annuity Plan assets move in 2022?
Sheet Metal Workers Local 46 Annuity Plan grew at a solid clip - up 5.2% during 2022, from $37M to $39M. Reported net income was $2M.
How have Sheet Metal Workers Local 46 Annuity Plan Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local 46 Annuity Plan Board of Trustees's sponsor-wide assets grew 21.2%, from $39M to $47M.
Where does Sheet Metal Workers Local 46 Annuity Plan rank by assets among Form 5500 filers?
Sheet Metal Workers Local 46 Annuity Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local 46 Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan in MN ($39M, 17 participants).

Next read for Sheet Metal Workers Local 46 Annuity Pla…

Filing takeaways

Ways to act on Sheet Metal Workers Local 46 Annuity Plan's numbers.

  • By total assets, Sheet Metal Workers Local 46 Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
  • Sheet Metal Workers Local 46 Annuity Plan Board of Trustees's sponsor-wide assets have grown 21.2% since 2022 across 3 plan years on file. More Construction plans