Profit Sharing · DOL Form 5500 · 2023
Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund Profit Sharing Plan
Data updated 2026-08-11
- $99M
- Total assets
- 980
- Participants
- 91st
- Percentile by assets
- $101,349
- Avg per participant
Official DOL plan name: Sheet Metal Workers Local Union No. 12 Annuity Fund · Sponsored by Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund · Pennsylvania · Construction
$99M in assets, 980 participants
Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund's Sheet Metal Workers Local Union No. 12 Annuity Fund reported $99M in total assets and 980 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.
- 91st percentile by assets (of 127,072 plans)
- #8,083 in Construction (9,030 peers)
Where Sheet Metal Workers Local Union No. 12 Annuity Fund sits by assets
Sheet Metal Workers Local Union No. 12 Annuity Fund sits in the top 10% of all filed plans by assets, $99M for 980 participants (~$101,349/participant), up 13.3% in 2023.
- $99M
- total plan assets (2023 EOY)
- 980
- covered participants
- 91st
- percentile by assets (of 127,072 plans)
- $101,349
- avg assets per participant
Where Sheet Metal Workers Local Union No. 12 Annuity Fund sits by total assets
Sheet Metal Workers Local Union No. 12 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$99,322,213 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
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers Local Union No. 12 Annuity Fund reported net income rose from -$19M in the plan year 2022 filing to $12M in the plan year 2023 filing.
- Sheet Metal Workers Local Union No. 12 Annuity Fund end-of-year assets rose from $88M in the plan year 2022 filing to $99M in the plan year 2023 filing.
- Sheet Metal Workers Local Union No. 12 Annuity Fund reported participants fell from 1,041 in the plan year 2022 filing to 980 in the plan year 2023 filing.
Sheet Metal Workers Local Union No. 12 Annuity Fund vs the 2023 asset distribution
By assets, Sheet Metal Workers Local Union No. 12 Annuity Fund outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $88M |
|---|---|
| Net Assets (End of Year) | $99M |
| Net Income | $12M |
| Employer EIN | 251478389 |
| Plan Effective Date | 1983-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,041 | $88M |
| 2023 | 1 | 980 | $99M |
| 2024 | 1 | 973 | $112M |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers Local Union No. 12 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
- Eastern Atlantic States Carpenters Annuity Fund $2.1B · 17,441
- University of Pennsylvania Basic Plan $1.7B · 21,016
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.1B · 3,905
- Temple University Health System, Inc. Defined Contribution Retirement Plan $763M · 10,204
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $714M · 2,458
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sheet Metal Workers Local Union No. 12 Annuity Fund by total assets, not by location.
- St. Louis-Kansas City Carpenters Regional Annuity (MO) $99M · 23,861
- Virginia Pilot Association Retirement Plan (VA) $99M · 51
- Proskauer Rose LLP Profit Sharing Plan (NY) $100M · 675
- Stowers Group Retirement Plan (MO) $98M · 420
Frequently Asked Questions
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Ways to act on Sheet Metal Workers Local Union No. 12 Annuity Fund's numbers.
- By total assets, Sheet Metal Workers Local Union No. 12 Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund's sponsor-wide assets have grown 28.0% since 2022 across 3 plan years on file. More Construction plans