Defined Benefit (Pension) · DOL Form 5500 · 2022

Sheet Metal Workers Local Union No. 268 Pension Plan

Data updated 2026-08-11

$52M
Total assets: 349
Participants: 88th
Percentile by assets: $148,972
Avg per participant

Official DOL plan name: Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement · Sponsored by Sheet Metal Workers Local Union No. 268 · Illinois · Construction

$52M in assets, 349 participants

Sheet Metal Workers Local Union No. 268's Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement reported $52M in total assets and 349 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

88th percentile by assets (of 139,126 plans)
#8,609 in Construction (9,927 peers)

Coverage in Illinois

Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement covers 349 participants in Illinois, about 45% of the average Illinois filer (state average ~779 per filing). Assets: $52M.

$52M
total plan assets (2022 EOY): 349
covered participants: 88th
percentile by assets (of 139,126 plans): $148,972
avg assets per participant

The plan reported a net loss of $87K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement sits by total assets

Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement vs every filed plan by assets

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

$51,991,240 Top 12% higher than 88% 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

State

Illinois

Industry

Construction

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement reports 349 participants - about 45% of that state average ($52M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$52M
Net Assets (End of Year)	$52M
Net Income	-$87K
Employer EIN	370557803
Plan Effective Date	1960-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local Union No. 268)

Total plan assets by year, all Sheet Metal Workers Local Union No. 268 plans on file

Year	Plans	Participants	Total Assets
2022	1	349	$52M
2023	1	351	$60M
2024	1	361	$65M

Nearby Defined Benefit (Pension) Plans in Illinois

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

Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

Central States, Southeast & Southwest Areas Pension Plan $42.6B · 50,096
State Farm Insurance Companies Retirement Plan for United States Employees $32.1B · 49,052
United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,170
John Deere Pension Plan for Salaried Employees $7.3B · N/A
Abbott Laboratories Annuity Retirement Plan $6.8B · 16,809

Compare Int'l Assoc. of S.M.a.R.T. Workers Local… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement by total assets, not by location.

Teamsters Local 211 Pension Fund (PA) $52M · 33
Sheet Metal Workers Local 218(s) Pension Plan (KS) $52M · 132
Bricklayers Pension Plan of Western PA (PA) $52M · 330
United Mine Workers of America 1974 Pension Trust Employees' Pension Plan (DC) $52M · 164

Frequently Asked Questions

How did Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement assets move in 2022? ▼

Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement held essentially flat - down 0.2% during 2022, from $52M to $52M. Reported net income was -$87K.

How have Sheet Metal Workers Local Union No. 268 plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Sheet Metal Workers Local Union No. 268's sponsor-wide assets grew 24.6%, from $52M to $65M.

Where does Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement rank by assets among Form 5500 filers? ▼

Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement ranks in the 88th 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 Defined Benefit (Pension) plans are similar in size to Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Teamsters Local 211 Pension Fund in PA ($52M, 33 participants).

Next read for Int'l Assoc. of S.M.a.R.T. Workers Local…

Filing takeaways

Ways to act on Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement's numbers.

By total assets, Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
Sheet Metal Workers Local Union No. 268's sponsor-wide assets have grown 24.6% since 2022 across 3 plan years on file. More Construction plans

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 370557803.