Profit Sharing · DOL Form 5500 · 2022

Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
407
Participants Below avg headcount
82nd
Percentile by assets National rank
$71,543
Avg per participant Below avg balance/head
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Official DOL plan name: Sheet Metal Workers Local Union No.71 Annuity Fund · Sponsored by Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund · New York · Construction

$29M in assets, 407 participants

Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund's Sheet Metal Workers Local Union No.71 Annuity Fund reported $29M in total assets and 407 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • #8,088 in Construction (9,927 peers)

Where Sheet Metal Workers Local Union No.71 Annuity Fund sits by assets

Sheet Metal Workers Local Union No.71 Annuity Fund sits in the top quartile of all filed plans by assets, $29M for 407 participants (~$71,543/participant), up 1.2% in 2022.

#8,088
in Construction (9,927 peers)
+1.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sheet Metal Workers Local Union No.71 Annuity Fund's outsized position by total assets

Sheet Metal Workers Local Union No.71 Annuity Fund vs every filed plan by assets

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

$29,117,812 Top 18% higher than 82% 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 Union No.71 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 Union No.71 Annuity Fund sits mid-pack in the medium band (407 participants).

Form 5500 schedule snapshot

Filing strip 161592883 · Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund PY 2022 · Profit Sharing

Sheet Metal Workers Local Union No.71 Annuity Fund · $29M · 407 · 82nd

  • IND $29M
  • EOY 407
  • 5500 82nd
  • ASSETS Profit Sharing
  • PCT near Anderson Regional Medical Center Retirement Savings Plan
  • EIN ind #8088

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 York →

Sheet Metal Workers Local Union No.71 Annuity Fund in the asset neighbourhood

Liberty Pr Mobility 401(k) Savings PlansLiberty Pr Mobility 401(k) S…$29MSheet Metal Workers Local Union No.71 Annuity FundSheet Metal Workers Local Un…$29MAnderson Regional Medical Center Retirement Savings PlanAnderson Regional Medical Ce…$29MAmerican Student Assistance 403(b) Retirement PlanAmerican Student Assistance …$29MSinai Health System Retirement PlanSinai Health System Retireme…$29M
End-of-year total assets ($M) among Sheet Metal Workers Local Union No.71 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$29M
Net Income$347K
Employer EIN161592883
Plan Effective Date2000-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$38M 29.8349992781051% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $29.1M $37.8M ▲ +29.8%
Year Plans Participants Total Assets
2022 1 407 $29M
2023 1 404 $34M
2024 1 389 $38M

Nearby Profit Sharing Plans in New York

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

Sheet Metal Workers Local Union No.71 Annuity Fund 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 ($B) Participants Sheet Metal Workers Local Union No.71 Annuity Fund, Total assets ($B): 0.029117812 · Participants: 407Sheet Metal Workers Local Union No.71 Annuity FundAnnuity Plan of the Electrical Industry, Total assets ($B): 1.982735962 · Participants: 19997Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.649838154 · Participants: 3494Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.458865603 · Participants: 5696Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.065250862 · Participants: 11139The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.836936679 · Participants: 11072Mason Tenders District Council Annuity Fund
Sheet Metal Workers Local Union No.71 Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Sheet Metal Workers Local Union No.71 Annuity Fund side-by-side with 3 peers →

Sheet Metal Workers Local Union No.71 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Anderson Regional Medical Center Retirement Savings Plan in MS ($29M); by covered participants it is Birmingham Community Charter High School Retirement Plan in CA (408 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (407 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 Union No.71 Annuity Fund assets move in 2022? ▼
Sheet Metal Workers Local Union No.71 Annuity Fund edged up modestly - up 1.2% during 2022, from $29M to $29M. Reported net income was $347K.
How have Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund's sponsor-wide assets grew 29.8%, from $29M to $38M.
Where does Sheet Metal Workers Local Union No.71 Annuity Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local Union No.71 Annuity Fund ranks in the 82nd 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 Union No.71 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Anderson Regional Medical Center Retirement Savings Plan in MS ($29M, 1,475 participants).
Which Profit Sharing plans cover a similar participant headcount to Sheet Metal Workers Local Union No.71 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Birmingham Community Charter High School Retirement Plan in CA (408 participants, $5M 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 161592883.

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.