Profit Sharing · DOL Form 5500 · 2023

Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund Profit Sharing Plan

Data updated 2026-08-11

$149M
Total assets
411
Participants
93rd
Percentile by assets
$361,980
Avg per participant
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Official DOL plan name: Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund · Sponsored by Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund · New Jersey · Finance & Insurance

$149M in assets, 411 participants

Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund's Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund reported $149M in total assets and 411 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #7,968 in Finance & Insurance (8,869 peers)

Coverage in New Jersey

Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund covers 411 participants in New Jersey, about 49% of the average New Jersey filer (state average ~844 per filing). Assets: $149M.

$149M
total plan assets (2023 EOY)
411
covered participants
93rd
percentile by assets (of 127,072 plans)
$361,980
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund reported net income rose from -$21M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund end-of-year assets rose from $137M in the plan year 2022 filing to $149M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund reports 411 participants - about 49% of that state average ($149M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$137M
Net Assets (End of Year)$149M
Net Income$11M
Employer EIN222586286
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund)

$130M$140M$150M$160M 202220232024 $137M $158M ▲ +15.0%
Total plan assets by year, all Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 408 $137M
2023 1 411 $149M
2024 1 410 $158M

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 0123 Total assets ($B) Participants Sheet Metal Workers …Ernst & Young Partne…Operating Engineers …Heavy & General Labo…IBEW Local Union No …Kpmg Partner Retirem…
Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund assets move in 2023?
Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund grew at a solid clip - up 8.4% during 2023, from $137M to $149M. Reported net income was $11M.
How have Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund's sponsor-wide assets grew 15.0%, from $137M to $158M.
Where does Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund rank by assets among Form 5500 filers?
Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is St. Lawrence Health System 403(b) Retirement Plan in NY ($149M, 2,075 participants).

Next read for Sheet Metal Workers Local Union No 25 Ne…

Filing takeaways

Ways to act on Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund's numbers.

  • By total assets, Sheet Metal Workers Local Union No 25 New Jersey 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 New Jersey. Compare plans
  • Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund's sponsor-wide assets have grown 15.0% since 2022 across 3 plan years on file. More Finance & Insurance plans