Defined Benefit (Pension) · DOL Form 5500 · 2022
Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund Pension Plan
Data updated 2026-08-11
- $346M
- Total assets
- 1,221
- Participants
- 97th
- Percentile by assets
- $283,270
- Avg per participant
Official DOL plan name: Sheet Metal Workers Local Union No. 80 Pension Fund · Sponsored by Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund · Michigan · Construction
$346M in assets, 1,221 participants
Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund's Sheet Metal Workers Local Union No. 80 Pension Fund reported $346M in total assets and 1,221 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,126 plans)
- #9,608 in Construction (9,927 peers)
Where Sheet Metal Workers Local Union No. 80 Pension Fund sits by assets
Sheet Metal Workers Local Union No. 80 Pension Fund sits in the top 5% of all filed plans by assets, $346M for 1,221 participants (~$283,270/participant), down 2.4% in 2022.
- $346M
- total plan assets (2022 EOY)
- 1,221
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $283,270
- avg assets per participant
The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sheet Metal Workers Local Union No. 80 Pension Fund vs the 2022 asset distribution
By assets, Sheet Metal Workers Local Union No. 80 Pension Fund outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $354M |
|---|---|
| Net Assets (End of Year) | $345M |
| Net Income | -$6M |
| Employer EIN | 386105633 |
| Plan Effective Date | 1968-08-29 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,221 | $346M |
| 2023 | 1 | 1,202 | $393M |
| 2024 | 1 | 1,303 | $422M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers Local Union No. 80 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- General Motors Hourly-Rate Employees Pension Plan $40.2B · 18,766
- Ford Motor Company UAW Retirement Plan $19.3B · 27,567
- Ford Motor Company General Retirement Plan $13.4B · 11,760
- Dow Employees' Pension Plan $13.0B · 13,759
- Fca US LLC UAW Pension Agreement $8.6B · 14,563
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Sheet Metal Workers Local Union No. 80 Pension Fund by total assets, not by location.
- International Association Pension Plan (IL) $346M · 854
- Plumbers Union Local No. 12 Pension (MA) $346M · 1,623
- Zimmer Biomet Holdings, Inc. Retirement Income Plan (IN) $346M · 419
- IBEW Local No. 236 Pension Plan (NY) $346M · 1,158
Frequently Asked Questions
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Ways to act on Sheet Metal Workers Local Union No. 80 Pension Fund's numbers.
- By total assets, Sheet Metal Workers Local Union No. 80 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
- Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund's sponsor-wide assets have grown 21.9% since 2022 across 3 plan years on file. More Construction plans