Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees, Sheet Metal Workers' Pension Plan Pension Plan
Data updated 2026-08-25
- $1.3B
- Total assets Very large vs avg
- 5,299
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $253,382
- Avg per participant Above avg balance/head
Official DOL plan name: Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada · Sponsored by Board of Trustees, Sheet Metal Workers' Pension Plan · California · Construction
$1.3B in assets, 5,299 participants
Board of Trustees, Sheet Metal Workers' Pension Plan's Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada reported $1.3B in total assets and 5,299 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #8,939 in Construction (9,030 peers)
Coverage in California
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada covers 5,299 participants in California, 8.4x the typical California plan (state average ~630 per filing). Assets: $1.3B.
- #8,939
- in Construction (9,030 peers)
- +7.9%
- assets growth YoY
- 13×
- vs typical plan assets (national mean)
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada's outsized position by total assets
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,342,672,345 Top 1% higher than 99% 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' Pension Plan of Southern California Arizona and Nevada's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada lands in the large band (5,299 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada reported net income rose from -$56M in the plan year 2022 filing to $98M in the plan year 2023 filing.
- Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada end-of-year assets rose from $957M in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
- Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada reported participants rose from 4,520 in the plan year 2022 filing to 5,299 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 956052257 · Board of Trustees, Sheet Metal Workers' Pension Plan PY 2023 · Defined Benefit (Pension)
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada · $1.3B · 5,299 · 99th
- PART $1.3B
- TYPE 5,299
- NET 99th
- BOOK Defined Benefit (Pension)
- VS-ST near Colgate-Palmolive Company Employees' Retirement Income Plan
- BOY ind #8939
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 California →
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | $98M |
| Employer EIN | 956052257 |
| Plan Effective Date | 1958-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Sheet Metal Workers' Pension Plan)
Sponsor-wide plan assets over time
All Board of Trustees, Sheet Metal Workers' Pension Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.4B 55.844555277240296% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 14,291 | $3.2B |
| 2023 | 1 | 5,299 | $1.3B |
| 2024 | 1 | 5,402 | $1.4B |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Kaiser Permanente Retirement Plan $33.5B · 127,356
- Pacific Gas and Electric Company Retirement Plan $21.4B · 22,914
- Pacific Gas and Electric Company Retirement Plan $18.0B · 25,647
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.8B · 19,545
- Disney Salaried Pension Plan D $10.1B · 10,813
Scale composition for Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada reports $1.3B in end-of-year assets across 5,299 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $253,382 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2023 was $98M.
This plan identity (EIN 956052257, plan #001) has 5 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.4B (+14.1%) while covered participants moved from 5,414 to 5,402 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,414 | $1.2B | Open filing |
| 2022 | 4,357 | $1.0B | Open filing |
| 2022 | 4,520 | $957M | Open filing |
| 2023 | 5,299 | $1.3B | This page |
| 2024 · index core | 5,402 | $1.4B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada (Defined Benefit (Pension), $1.4B, 5,402 participants)
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside California, the nearest Defined Benefit (Pension) by assets is Colgate-Palmolive Company Employees' Retirement Income Plan in NY ($1.3B); by covered participants it is Kaleida Health Pension Growth Plan in NY (5,300 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.3B here).
- Colgate-Palmolive Company Employees' Retirement Income Plan (NY) $1.3B · 1,443
- Eastman Retirement Assistance Plan (TN) $1.4B · 3,245
- Williams Pension Plan (OK) $1.3B · 3,588
- Western Washington Laborers-Employers Pension Plan (WA) $1.4B · 10,417
Similar participant headcount
Nearest other-state filings by covered participants (5,299 participants); asset peers above are excluded.
- Kaleida Health Pension Growth Plan (NY) 5,300 · 1 off
- John Hancock Pension Plan (MA) 5,302 · 3 off
- Puget Sound Electrical Workers Pension Plan (WA) 5,292 · 7 off
- Unite Here Local 25 and Hotel Association of Washington, DC Pension Plan (MD) 5,291 · 8 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.