Defined Benefit (Pension) · DOL Form 5500 · 2023

Sheet Metal Workers Local #44 Retirement Plan Pension Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
195
Participants Below avg headcount
80th
Percentile by assets National rank
$165,215
Avg per participant Above avg balance/head
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Official DOL plan name: Sheet Metal Workers Local #44 Retirement Income Plan · Sponsored by Sheet Metal Workers Local #44 Retirement Plan · Pennsylvania · Manufacturing

$32M in assets, 195 participants

Sheet Metal Workers Local #44 Retirement Plan's Sheet Metal Workers Local #44 Retirement Income Plan reported $32M in total assets and 195 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #13,533 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Sheet Metal Workers Local #44 Retirement Income Plan covers 195 participants in Pennsylvania, about 24% of the average Pennsylvania filer (state average ~822 per filing). Assets: $32M.

#13,533
in Manufacturing (18,722 peers)
+11.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sheet Metal Workers Local #44 Retirement Income Plan's outsized position by total assets

Sheet Metal Workers Local #44 Retirement Income Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$32,216,969 Top 20% higher than 80% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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 #44 Retirement Income 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 #44 Retirement Income Plan sits mid-pack in the medium band (195 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal Workers Local #44 Retirement Income Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sheet Metal Workers Local #44 Retirement Income Plan end-of-year assets rose from $29M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Sheet Metal Workers Local #44 Retirement Income Plan reported participants rose from 187 in the plan year 2022 filing to 195 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 236537135 · Sheet Metal Workers Local #44 Retirement Plan PY 2023 · Defined Benefit (Pension)

Sheet Metal Workers Local #44 Retirement Income Plan · $32M · 195 · 80th

  • ASSETS $32M
  • PCT 195
  • EIN 80th
  • RANK Defined Benefit (Pension)
  • PHOTO near Red Wing Shoe Company Retirement Plan
  • IND ind #13533

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 Manufacturing retirement plans → · Plans in Pennsylvania →

Sheet Metal Workers Local #44 Retirement Income Plan in the asset neighbourhood

Pension Plan of United Way WorldwidePension Plan of United Way W…$32MMedical Group of Beverly Hills Defined Benefit Pension PlanMedical Group of Beverly Hil…$32MRetirement Plan for Employees of Haldor Topsoe,Retirement Plan for Employee…$32MSheet Metal Workers Local #44 Retirement Income PlanSheet Metal Workers Local #4…$32MRed Wing Shoe Company Retirement PlanRed Wing Shoe Company Retire…$32M
End-of-year total assets ($M) among Sheet Metal Workers Local #44 Retirement Income Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$32M
Net Income$3M
Employer EIN236537135
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local #44 Retirement Plan)

Sponsor-wide plan assets over time

All Sheet Metal Workers Local #44 Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$35M 22.04455495107514% vs 2022
2024 filing year
$28M$30M$32M$34M$36M 202220232024 $28.9M $35.2M ▲ +22.0%
Year Plans Participants Total Assets
2022 1 187 $29M
2023 1 195 $32M
2024 1 158 $35M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local #44 Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sheet Metal Workers Local #44 Retirement Income Plan, Total assets ($B): 0.032216969 · Participants: 195Sheet Metal Workers Local #44 Retirement Income PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Sheet Metal Workers Local #44 Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Sheet Metal Workers Local #44 Retirement Income Plan side-by-side with 3 peers →

Sheet Metal Workers Local #44 Retirement Income Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Red Wing Shoe Company Retirement Plan in MN ($32M); by covered participants it is Frost Brown Todd LLP Cash Balance Pension Plan in KY (195 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (195 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sheet Metal Workers Local #44 Retirement Income Plan assets move in 2023? ▼
Sheet Metal Workers Local #44 Retirement Income Plan grew at a solid clip - up 11.6% during 2023, from $29M to $32M. Reported net income was $3M.
How have Sheet Metal Workers Local #44 Retirement Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local #44 Retirement Plan's sponsor-wide assets grew 22.0%, from $29M to $35M.
Where does Sheet Metal Workers Local #44 Retirement Income Plan rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local #44 Retirement Income Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local #44 Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Red Wing Shoe Company Retirement Plan in MN ($32M, 130 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local #44 Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Frost Brown Todd LLP Cash Balance Pension Plan in KY (195 participants, $30M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 236537135.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.