Defined Benefit (Pension) · DOL Form 5500 · 2023
Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund Pension Plan
Data updated 2026-08-25
- $101M
- Total assets Near avg plan size
- 476
- Participants Below avg headcount
- 91st
- Percentile by assets National rank
- $212,363
- Avg per participant Above avg balance/head
Official DOL plan name: Sheet Metal Workers Local No.20 Gary Area Pension · Sponsored by Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund · Michigan · Construction
$101M in assets, 476 participants
Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund's Sheet Metal Workers Local No.20 Gary Area Pension reported $101M in total assets and 476 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.
- #8,092 in Construction (9,030 peers)
Where Sheet Metal Workers Local No.20 Gary Area Pension sits by assets
Sheet Metal Workers Local No.20 Gary Area Pension sits in the top 10% of all filed plans by assets, $101M for 476 participants (~$212,363/participant), up 12.9% in 2023.
- #8,092
- in Construction (9,030 peers)
- +12.9%
- assets growth YoY
- 1.0×
- vs typical plan assets (national mean)
Sheet Metal Workers Local No.20 Gary Area Pension's outsized position by total assets
Sheet Metal Workers Local No.20 Gary Area Pension vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$101,084,959 Top 9% higher than 91% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Sheet Metal Workers Local No.20 Gary Area Pension among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers Local No.20 Gary Area Pension sits mid-pack in the medium band (476 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers Local No.20 Gary Area Pension reported net income rose from -$13M in the plan year 2022 filing to $11M in the plan year 2023 filing.
- Sheet Metal Workers Local No.20 Gary Area Pension end-of-year assets rose from $90M in the plan year 2022 filing to $101M in the plan year 2023 filing.
- Sheet Metal Workers Local No.20 Gary Area Pension reported participants rose from 453 in the plan year 2022 filing to 476 in the plan year 2023 filing.
DOL schedule card
Filing strip 356057213 · Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund PY 2023 · Defined Benefit (Pension)
Sheet Metal Workers Local No.20 Gary Area Pension · $101M · 476 · 91st
- NET $101M
- NET 476
- NET 91st
- NET Defined Benefit (Pension)
- NET near University Community Health System Consolidated Pension Plan
- NET ind #8092
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 Michigan →
Sheet Metal Workers Local No.20 Gary Area Pension in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $90M |
|---|---|
| Net Assets (End of Year) | $101M |
| Net Income | $11M |
| Employer EIN | 356057213 |
| Plan Effective Date | 1963-12-23 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund)
Sponsor-wide plan assets over time
All Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $113M 25.77930427993204% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 453 | $90M |
| 2023 | 1 | 476 | $101M |
| 2024 | 1 | 499 | $113M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
- Ford Motor Company UAW Retirement Plan $19.3B · 26,442
- Ford Motor Company General Retirement Plan $12.7B · 10,215
- Dow Employees' Pension Plan $11.5B · 14,051
- Fca US LLC UAW Pension Agreement $11.2B · 13,635
Sheet Metal Workers Local No.20 Gary Area Pension's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is University Community Health System Consolidated Pension Plan in FL ($101M); by covered participants it is Cincinnati Bell Management Pension Plan in OH (476 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($101M here).
Similar participant headcount
Nearest other-state filings by covered participants (476 participants); asset peers above are excluded.
- Cincinnati Bell Management Pension Plan (OH) 476 · 0 off
- Plumbers & Pipefitters Local 172 Pension Fund (IL) 476 · 0 off
- Plumbers & Pipefitters Local 123 Pension Fund (FL) 477 · 1 off
- Century Aluminum Consolidated Retirement Plan (IL) 477 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.