Money Purchase · DOL Form 5500 · 2022

Board of Trustees, Sheet Metal Workers' Local 206 Money Purchase Plan

Data updated 2026-08-11

$49M
Total assets
971
Participants
88th
Percentile by assets
$50,289
Avg per participant
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Official DOL plan name: Sheet Metal Workers' Local 206 Section 401(a) Plan · Sponsored by Board of Trustees, Sheet Metal Workers' Local 206 · California · Construction

$49M in assets, 971 participants

Board of Trustees, Sheet Metal Workers' Local 206's Sheet Metal Workers' Local 206 Section 401(a) Plan reported $49M in total assets and 971 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)
  • #8,556 in Construction (9,927 peers)

Where Sheet Metal Workers' Local 206 Section 401(a) Plan sits by assets

Sheet Metal Workers' Local 206 Section 401(a) Plan sits in the top quartile of all filed plans by assets, $49M for 971 participants (~$50,289/participant), up 10.9% in 2022.

$49M
total plan assets (2022 EOY)
971
covered participants
88th
percentile by assets (of 139,126 plans)
$50,289
avg assets per participant
State
Industry

Sheet Metal Workers' Local 206 Section 401(a) Plan vs the 2022 asset distribution

By assets, Sheet Metal Workers' Local 206 Section 401(a) Plan outranks 88% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$49M
Net Income$5M
Employer EIN330614939
Plan Effective Date1994-08-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Sheet Metal Workers' Local 206)

$45M$50M$55M$60M$65M 202220232024 $48.8M $61.7M ▲ +26.3%
Total plan assets by year, all Board of Trustees, Sheet Metal Workers' Local 206 plans on file
Year Plans Participants Total Assets
2022 1 971 $49M
2023 1 1,021 $55M
2024 1 1,260 $62M

Nearby Money Purchase Plans in California

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers' Local 206 Section 401(a) Plan vs. nearby Money Purchase plans in California, assets vs. participants

Sheet Metal Workers' Local 206 Section 401(a) Plan vs. nearby Money Purchase plans in California, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Sheet Metal Workers'…The Permanente Contr…Kaiser Permanente Su…University of Southe…Carpenters Annuity T…Directors Guild of A…
Sheet Metal Workers' Local 206 Section 401(a) Plan vs. nearby Money Purchase plans in California, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Sheet Metal Workers' Local 206 Section 401(a) Plan by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal Workers' Local 206 Section 401(a) Plan assets move in 2022?
Sheet Metal Workers' Local 206 Section 401(a) Plan grew at a solid clip - up 10.9% during 2022, from $44M to $49M. Reported net income was $5M.
How have Board of Trustees, Sheet Metal Workers' Local 206 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Sheet Metal Workers' Local 206's sponsor-wide assets grew 26.3%, from $49M to $62M.
Where does Sheet Metal Workers' Local 206 Section 401(a) Plan rank by assets among Form 5500 filers?
Sheet Metal Workers' Local 206 Section 401(a) Plan 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 Money Purchase plans are similar in size to Sheet Metal Workers' Local 206 Section 401(a) Plan?
Among Money Purchase plans in other states, the closest by assets is Medela LLC Employees Pension Plan in IL ($49M, 452 participants).

Next read for Sheet Metal Workers' Local 206 Section 4…

Scale reading

Ways to act on Sheet Metal Workers' Local 206 Section 401(a) Plan's numbers.

  • By total assets, Sheet Metal Workers' Local 206 Section 401(a) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
  • Board of Trustees, Sheet Metal Workers' Local 206's sponsor-wide assets have grown 26.3% since 2022 across 3 plan years on file. More Construction plans