Defined Benefit (Pension) · DOL Form 5500 · 2023
Joint Board of Trustees Sheet Meta Workers Local 7, Zone 2 Pension Pension Plan
Data updated 2026-08-25
- $108M
- Total assets Near avg plan size
- 353
- Participants Below avg headcount
- 92nd
- Percentile by assets National rank
- $305,376
- Avg per participant High balance/head
Official DOL plan name: Sheet Metal Workers Local 7, Zone 2 Pension Plan · Sponsored by Joint Board of Trustees Sheet Meta Workers Local 7, Zone 2 Pension · Michigan · Construction
$108M in assets, 353 participants
Joint Board of Trustees Sheet Meta Workers Local 7, Zone 2 Pension's Sheet Metal Workers Local 7, Zone 2 Pension Plan reported $108M in total assets and 353 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- #8,140 in Construction (9,030 peers)
Where Sheet Metal Workers Local 7, Zone 2 Pension Plan sits by assets
Sheet Metal Workers Local 7, Zone 2 Pension Plan sits in the top 10% of all filed plans by assets, $108M for 353 participants (~$305,376/participant), up 14.4% in 2023.
- #8,140
- in Construction (9,030 peers)
- +14.4%
- assets growth YoY
- 1.1×
- vs typical plan assets (national mean)
Sheet Metal Workers Local 7, Zone 2 Pension Plan's outsized position by total assets
Sheet Metal Workers Local 7, Zone 2 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$107,797,901 Top 8% higher than 92% 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 7, Zone 2 Pension Plan 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 7, Zone 2 Pension Plan sits mid-pack in the medium band (353 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers Local 7, Zone 2 Pension Plan reported net income rose from -$17M in the plan year 2022 filing to $14M in the plan year 2023 filing.
- Sheet Metal Workers Local 7, Zone 2 Pension Plan end-of-year assets rose from $94M in the plan year 2022 filing to $108M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 381616942 · Joint Board of Trustees Sheet Meta Workers Local 7, Zone 2 Pension PY 2023 · Defined Benefit (Pension)
Sheet Metal Workers Local 7, Zone 2 Pension Plan · $108M · 353 · 92nd
- EBSA $108M
- PART 353
- TYPE 92nd
- NET Defined Benefit (Pension)
- BOOK near Bsa-Ila Pension Plan
- VS-ST ind #8140
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 7, Zone 2 Pension Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $94M |
|---|---|
| Net Assets (End of Year) | $107M |
| Net Income | $14M |
| Employer EIN | 381616942 |
| Plan Effective Date | 1966-01-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees Sheet Meta Workers Local 7, Zone 2 Pension)
Sponsor-wide plan assets over time
All Joint Board of Trustees Sheet Meta Workers Local 7, Zone 2 Pension plans reported in each filing year
- Latest sponsor-wide plan assets
- $121M 28.88639124552485% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 353 | $94M |
| 2023 | 1 | 353 | $108M |
| 2024 | 1 | 371 | $121M |
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 7, Zone 2 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is Bsa-Ila Pension Plan in MA ($108M); by covered participants it is Dairy Farmers of America, Inc. Retirement Plan in KS (353 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($108M here).
- Bsa-Ila Pension Plan (MA) $108M · 244
- National Fire Protection Association Employees' Retirement Plan (MA) $108M · 164
- Siltronic Corporation Pension Plan (OR) $108M · 160
- The Methodist Hospitals, Inc. Retirement Plan (IN) $108M · 419
Similar participant headcount
Nearest other-state filings by covered participants (353 participants); asset peers above are excluded.
- Dairy Farmers of America, Inc. Retirement Plan (KS) 353 · 0 off
- Teamsters Employers Local 945 Pension Fund (NJ) 353 · 0 off
- Am General Hourly Retirement Plan (IN) 352 · 1 off
- Federation Employees' Retirement Income Plan (IL) 352 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.