Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund Pension Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
179
Participants Small participant base
82nd
Percentile by assets National rank
$155,019
Avg per participant Above avg balance/head
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Official DOL plan name: Sheet Metal Workers Local #20 South Bend Area Pension Fund · Sponsored by Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund · Indiana · Manufacturing

$28M in assets, 179 participants

Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund's Sheet Metal Workers Local #20 South Bend Area Pension Fund reported $28M in total assets and 179 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.

  • #15,293 in Manufacturing (20,602 peers)

Coverage in Indiana

Sheet Metal Workers Local #20 South Bend Area Pension Fund covers 179 participants in Indiana, about 33% of the average Indiana filer (state average ~541 per filing). Assets: $28M.

#15,293
in Manufacturing (20,602 peers)
+7.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sheet Metal Workers Local #20 South Bend Area Pension Fund's outsized position by total assets

Sheet Metal Workers Local #20 South Bend Area Pension Fund vs every filed plan by assets

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

$27,748,483 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 #20 South Bend Area Pension 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 #20 South Bend Area Pension Fund sits mid-pack in the medium band (179 participants).

Published 5500 schedule card

Filing strip 356054275 · Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund PY 2022 · Defined Benefit (Pension)

Sheet Metal Workers Local #20 South Bend Area Pension Fund · $28M · 179 · 82nd

  • PART $28M
  • PART 179
  • PART 82nd
  • PART Defined Benefit (Pension)
  • PART near Iron Workers Local 498 Defined Benefit Plan
  • PART ind #15293

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 Manufacturing retirement plans → · Plans in Indiana →

Sheet Metal Workers Local #20 South Bend Area Pension Fund in the asset neighbourhood

Banco Popular De Pr Tax Qualified Ret. Restoration PlanBanco Popular De Pr Tax Qual…$28MTeamsters Joint Council No. 73 Pension & Trust FundTeamsters Joint Council No. …$28MSheet Metal Workers Local #20 South Bend Area Pension FundSheet Metal Workers Local #2…$28MIron Workers Local 498 Defined Benefit PlanIron Workers Local 498 Defin…$28MLocal 400 Food Terminal Employees' Pension PlanLocal 400 Food Terminal Empl…$28M
End-of-year total assets ($M) among Sheet Metal Workers Local #20 South Bend Area Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$28M
Net Income$2M
Employer EIN356054275
Plan Effective Date1962-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund)

Sponsor-wide plan assets over time

All Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$36M 29.783451585443427% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.8M $36M ▲ +29.8%
Year Plans Participants Total Assets
2022 1 179 $28M
2023 1 188 $31M
2024 1 198 $36M

Nearby Defined Benefit (Pension) Plans in Indiana

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

Sheet Metal Workers Local #20 South Bend Area Pension Fund vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -5051015 Total assets ($B) Participants Sheet Metal Workers Local #20 South Bend Area Pension Fund, Total assets ($B): 0.027748483 · Participants: 179Sheet Metal Workers Local #20 South Bend Area Pension FundThe Lilly Retirement Plan, Total assets ($B): 11.231261789 · Participants: 16878The Lilly Retirement PlanCummins Pension Plan, Total assets ($B): 3.227971207 · Participants: 24119Cummins Pension PlanIndiana Laborers Pension Fund, Total assets ($B): 1.488495807 · Participants: 9896Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.222287988 · Participants: 8650Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.05154978 · Participants: 2283Nisource Pension Plan
Sheet Metal Workers Local #20 South Bend Area Pension Fund vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
Compare Sheet Metal Workers Local #20 South Bend Area Pension Fund side-by-side with 3 peers →

Sheet Metal Workers Local #20 South Bend Area Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Indiana, the nearest Defined Benefit (Pension) by assets is Iron Workers Local 498 Defined Benefit Plan in IL ($28M); by covered participants it is Truck-Lite Pennsylvania Non-Exempt Employees Pension Plan in PA (179 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (179 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 #20 South Bend Area Pension Fund assets move in 2022? ▼
Sheet Metal Workers Local #20 South Bend Area Pension Fund grew at a solid clip - up 7.6% during 2022, from $26M to $28M. Reported net income was $2M.
How have Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund's sponsor-wide assets grew 29.8%, from $28M to $36M.
Where does Sheet Metal Workers Local #20 South Bend Area Pension Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local #20 South Bend Area Pension 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 Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local #20 South Bend Area Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Iron Workers Local 498 Defined Benefit Plan in IL ($28M, 146 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local #20 South Bend Area Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Truck-Lite Pennsylvania Non-Exempt Employees Pension Plan in PA (179 participants, $10M 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 356054275.

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.