Profit Sharing · DOL Form 5500 · 2022
Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund Profit Sharing Plan
Data updated 2026-08-11
- $29M
- Total assets
- 407
- Participants
- 82nd
- Percentile by assets
- $71,543
- Avg per participant
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.
- 82nd percentile by assets (of 139,126 plans)
- #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.
- $29M
- total plan assets (2022 EOY)
- 407
- covered participants
- 82nd
- percentile by assets (of 139,126 plans)
- $71,543
- avg assets per participant
Sheet Metal Workers Local Union No.71 Annuity Fund vs the 2022 asset distribution
By assets, Sheet Metal Workers Local Union No.71 Annuity Fund outranks 82% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $29M |
|---|---|
| Net Assets (End of Year) | $29M |
| Net Income | $347K |
| Employer EIN | 161592883 |
| Plan Effective Date | 2000-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund)
| 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
- Annuity Plan of the Electrical Industry $2.0B · 19,997
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.6B · 3,494
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.5B · 5,696
- The Research Foundation for Suny Retirement Plan $1.1B · 11,139
- Mason Tenders District Council Annuity Fund $837M · 11,072
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sheet Metal Workers Local Union No.71 Annuity Fund by total assets, not by location.
- Anderson Regional Medical Center Retirement Savings Plan (MS) $29M · 1,475
- Liberty Pr Mobility 401(k) Savings Plans (CO) $29M · 1,208
- American Student Assistance 403(b) Retirement Plan (MA) $29M · 77
- Sinai Health System Retirement Plan (IL) $29M · 3,259
Frequently Asked Questions
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How have Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund plan assets changed over time? ▼
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Ways to act on Sheet Metal Workers Local Union No.71 Annuity Fund's numbers.
- By total assets, Sheet Metal Workers Local Union No.71 Annuity Fund 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
- Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund's sponsor-wide assets have grown 29.8% since 2022 across 3 plan years on file. More Construction plans