Profit Sharing · DOL Form 5500 · 2023
Sheet Metal Workers Local No 58 Retirement Fund Profit Sharing Plan
Data updated 2026-08-25
- $14M
- Total assets Small plan by assets
- 212
- Participants Below avg headcount
- 65th
- Percentile by assets National rank
- $63,829
- Avg per participant Low balance/head
Official DOL plan name: Sheet Metal Workers Local No 58 Retirement Plan · Sponsored by Sheet Metal Workers Local No 58 Retirement Fund · New York · Construction
$14M in assets, 212 participants
Sheet Metal Workers Local No 58 Retirement Fund's Sheet Metal Workers Local No 58 Retirement Plan reported $14M in total assets and 212 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.
- #5,746 in Construction (9,030 peers)
Coverage in New York
Sheet Metal Workers Local No 58 Retirement Plan covers 212 participants in New York, about 27% of the average New York filer (state average ~798 per filing). Assets: $14M.
- #5,746
- in Construction (9,030 peers)
- +14.6%
- assets growth YoY
Sheet Metal Workers Local No 58 Retirement Plan's mid-pack asset rank among Construction and all filers
Sheet Metal Workers Local No 58 Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$13,531,682 Top 35% higher than 65% 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 58 Retirement 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 No 58 Retirement Plan sits mid-pack in the medium band (212 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers Local No 58 Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
- Sheet Metal Workers Local No 58 Retirement Plan end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
- Sheet Metal Workers Local No 58 Retirement Plan reported participants fell from 220 in the plan year 2022 filing to 212 in the plan year 2023 filing.
DOL schedule card
Filing strip 161188938 · Sheet Metal Workers Local No 58 Retirement Fund PY 2023 · Profit Sharing
Sheet Metal Workers Local No 58 Retirement Plan · $14M · 212 · 65th
- NET $14M
- BOOK 212
- VS-ST 65th
- BOY Profit Sharing
- SCH near 401(a) Profit-Sharing Plan for Employees of Evident Change
- EBSA ind #5746
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 New York →
Sheet Metal Workers Local No 58 Retirement Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $12M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | $2M |
| Employer EIN | 161188938 |
| Plan Effective Date | 1981-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sheet Metal Workers Local No 58 Retirement Fund)
Sponsor-wide plan assets over time
All Sheet Metal Workers Local No 58 Retirement Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $14M 21.489771640874277% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 220 | $12M |
| 2023 | 1 | 212 | $14M |
| 2024 | 1 | 212 | $14M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Annuity Plan of the Electrical Industry $2.2B · 18,907
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.9B · 3,402
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.7B · 5,807
- The Research Foundation for Suny Retirement Plan $1.2B · 10,120
- Mason Tenders District Council Annuity Fund $913M · 11,237
Sheet Metal Workers Local No 58 Retirement Plan's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is 401(a) Profit-Sharing Plan for Employees of Evident Change in CA ($14M); by covered participants it is John W. Mcdougall Co. , Inc. Profit Sharing and in TN (212 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($14M here).
- 401(a) Profit-Sharing Plan for Employees of Evident Change (CA) $14M · 101
- Cabinet Peaks Medical Center Personal Retirement Plan (MT) $14M · 279
- The Catherine Cook School 403(b) Plan (IL) $14M · 117
- Community Action Partnership of Ramsey and Washington Counties Tax Sheltered Investment Program 403(b) Plan (MN) $14M · 333
Similar participant headcount
Nearest other-state filings by covered participants (212 participants); asset peers above are excluded.
- John W. Mcdougall Co. , Inc. Profit Sharing and (TN) 212 · 0 off
- Axiscare Health Logistics Pr Retirement Plan (PR) 211 · 1 off
- United Mailing Services, Inc. Profit Sharing Plan (WI) 213 · 1 off
- Altira, Inc. Profit Sharing Plan (FL) 213 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.