Utah Sheet Metal Pension Trust

Other · DOL Form 5500 · 2022

What the Filing Says About Utah Sheet Metal Pension Trust

Utah Sheet Metal Pension Trust is an Other retirement plan sponsored by Utah Sheet Metal Pension Trust, headquartered in Utah. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $204M in total end-of-year assets and covers 770 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 876156446, and the plan has been effective since 1963-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets edged down modestly from $207M at the beginning of 2022 to $204M at year-end - down 1.3%. Net assets (after liabilities) closed the year at $204M, with reported net income of $7M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Across the 2 plan years Utah Sheet Metal Pension Trust has on file with PlainRetire (2022-2023), sponsor-wide plan assets have moved from $204M to $249M, a gain of 22.1%, while reported participants moved from 770 to 757 (-1.7%). Year-by-year, sponsor-wide filings show: 2022 - $204M in assets across 1 plan covering 770 participants; 2023 - $249M in assets across 1 plan covering 757 participants.

By assets, Utah Sheet Metal Pension Trust outranks 96% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.0x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank Utah Sheet Metal Pension Trust against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.