Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees, Sheet Metal Workers' Pension Plan Pension Plan
Data updated 2026-08-06
- $1.3B
- Total assets
- 5,299
- Participants
- 99th
- Percentile by assets
- $253,382
- Avg per participant
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.
- 99th percentile by assets (of 126,618 plans)
- #8,902 in Construction (8,993 peers)
Coverage in California
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada covers 5,299 participants in California, 8.3x the typical California plan (state average ~637 per filing). Assets: $1.3B.
- $1.3B
- total plan assets (2023 EOY)
- 5,299
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $253,382
- avg assets per participant
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 -$168M 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 $1.2B 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 fell from 5,414 in the plan year 2022 filing to 5,299 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 637 participants across 14,392 plans. Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada reports 5,299 participants - 8.3x that state average ($1.3B EOY assets).
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)
| 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.
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
- 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 (0.012% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.006% of 89,805,449 covered participants) - about $253,382 per participant (1.9x 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)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada by total assets, not by location.
- 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
Frequently Asked Questions
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Filing takeaways
Ways to act on Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada's numbers.
- By total assets, Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- Board of Trustees, Sheet Metal Workers' Pension Plan's sponsor-wide assets have declined 55.8% since 2022 across 3 plan years on file. More Construction plans