Profit Sharing · DOL Form 5500 · 2022

Sheet Metal Workers Local 22 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$71M
Total assets Below avg plan size
239
Participants Below avg headcount
91st
Percentile by assets National rank
$295,910
Avg per participant High balance/head
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Official DOL plan name: Sheet Metal Workers Local 22 - Annuity Fund · Sponsored by Sheet Metal Workers Local 22 Annuity Fund · New Jersey · Construction

$71M in assets, 239 participants

Sheet Metal Workers Local 22 Annuity Fund's Sheet Metal Workers Local 22 - Annuity Fund reported $71M in total assets and 239 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #8,852 in Construction (9,927 peers)

Coverage in New Jersey

Sheet Metal Workers Local 22 - Annuity Fund covers 239 participants in New Jersey, about 28% of the average New Jersey filer (state average ~844 per filing). Assets: $71M.

#8,852
in Construction (9,927 peers)
-2.0%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sheet Metal Workers Local 22 - Annuity Fund's outsized position by total assets

Sheet Metal Workers Local 22 - Annuity Fund vs every filed plan by assets

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

$70,722,589 Top 9% higher than 91% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Sheet Metal Workers Local 22 - Annuity Fund among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers Local 22 - Annuity Fund sits mid-pack in the medium band (239 participants).

DOL schedule card

Filing strip 227375195 · Sheet Metal Workers Local 22 Annuity Fund PY 2022 · Profit Sharing

Sheet Metal Workers Local 22 - Annuity Fund · $71M · 239 · 91st

  • TYPE $71M
  • TYPE 239
  • TYPE 91st
  • TYPE Profit Sharing
  • TYPE near Claxton-Hepburn Medical Center 403b Retirement Plan
  • TYPE ind #8852

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 New Jersey →

Sheet Metal Workers Local 22 - Annuity Fund in the asset neighbourhood

The Alliance Retirement Plan$71MSprinkler Fitters and Apprentices Local 704 Defined Contribution Pension Fund PlanSprinkler Fitters and Appren…$71MSheet Metal Workers Local 22 - Annuity FundSheet Metal Workers Local 22…$71MClaxton-Hepburn Medical Center 403b Retirement PlanClaxton-Hepburn Medical Cent…$71MRoofers Local No. 96 Annuity FundRoofers Local No. 96 Annuity…$70M
End-of-year total assets ($M) among Sheet Metal Workers Local 22 - Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$71M
Net Income-$1M
Employer EIN227375195
Plan Effective Date1974-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local 22 Annuity Fund)

Sponsor-wide plan assets over time

All Sheet Metal Workers Local 22 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$83M 16.969088900294643% vs 2022
2024 filing year
$65M$70M$75M$80M$85M 202220232024 $70.7M $82.7M ▲ +17.0%
Year Plans Participants Total Assets
2022 1 239 $71M
2023 1 240 $78M
2024 1 241 $83M

Nearby Profit Sharing Plans in New Jersey

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

Sheet Metal Workers Local 22 - Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Sheet Metal Workers Local 22 - Annuity Fund, Total assets ($B): 0.070722589 · Participants: 239Sheet Metal Workers Local 22 - Annuity FundErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.170942715 · Participants: 2189Ernst & Young Partnership Retirement (Hr-10) PlanPrinceton University Retirement Plan, Total assets ($B): 1.829863121 · Participants: 8141Princeton University Retirement PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.328796729 · Participants: 10006Operating Engineers Local 825 Profit Sharing FundHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.300397825 · Participants: 8556Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.592706172 · Participants: 3061IBEW Local Union No 102 Surety Plan
Sheet Metal Workers Local 22 - Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
Compare Sheet Metal Workers Local 22 - Annuity Fund side-by-side with 3 peers →

Sheet Metal Workers Local 22 - Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Claxton-Hepburn Medical Center 403b Retirement Plan in NY ($71M); by covered participants it is Comprehensive Senior Care Corp. 403(b) Plan in MI (239 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (239 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sheet Metal Workers Local 22 - Annuity Fund assets move in 2022? ▼
Sheet Metal Workers Local 22 - Annuity Fund edged down modestly - down 2.0% during 2022, from $72M to $71M. Reported net income was -$1M.
How have Sheet Metal Workers Local 22 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local 22 Annuity Fund's sponsor-wide assets grew 17.0%, from $71M to $83M.
Where does Sheet Metal Workers Local 22 - Annuity Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local 22 - Annuity Fund ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local 22 - Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Claxton-Hepburn Medical Center 403b Retirement Plan in NY ($71M, 801 participants).
Which Profit Sharing plans cover a similar participant headcount to Sheet Metal Workers Local 22 - Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Comprehensive Senior Care Corp. 403(b) Plan in MI (239 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 227375195.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.