Profit Sharing · DOL Form 5500 · 2023
Trustees of the Sheet Metal Workers Local 44 Profit Sharing Plan
Data updated 2026-08-11
- $47M
- Total assets
- 333
- Participants
- 85th
- Percentile by assets
- $141,512
- Avg per participant
Official DOL plan name: Sheet Metal Workers Local 44 Annuity Fund · Sponsored by Trustees of the Sheet Metal Workers Local 44 · Pennsylvania · Manufacturing
$47M in assets, 333 participants
Trustees of the Sheet Metal Workers Local 44's Sheet Metal Workers Local 44 Annuity Fund reported $47M in total assets and 333 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.
- 85th percentile by assets (of 127,072 plans)
- #14,650 in Manufacturing (18,722 peers)
Coverage in Pennsylvania
Sheet Metal Workers Local 44 Annuity Fund covers 333 participants in Pennsylvania, about 41% of the average Pennsylvania filer (state average ~822 per filing). Assets: $47M.
- $47M
- total plan assets (2023 EOY)
- 333
- covered participants
- 85th
- percentile by assets (of 127,072 plans)
- $141,512
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers Local 44 Annuity Fund reported net income rose from -$10M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Sheet Metal Workers Local 44 Annuity Fund end-of-year assets rose from $43M in the plan year 2022 filing to $47M in the plan year 2023 filing.
- Sheet Metal Workers Local 44 Annuity Fund reported participants rose from 304 in the plan year 2022 filing to 333 in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Sheet Metal Workers Local 44 Annuity Fund reports 333 participants - about 41% of that state average ($47M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $43M |
|---|---|
| Net Assets (End of Year) | $47M |
| Net Income | $5M |
| Employer EIN | 236751172 |
| Plan Effective Date | 1983-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the Sheet Metal Workers Local 44)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 304 | $43M |
| 2023 | 1 | 333 | $47M |
| 2024 | 1 | 322 | $51M |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers Local 44 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
- Eastern Atlantic States Carpenters Annuity Fund $2.1B · 17,441
- University of Pennsylvania Basic Plan $1.7B · 21,016
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.1B · 3,905
- Temple University Health System, Inc. Defined Contribution Retirement Plan $763M · 10,204
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $714M · 2,458
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sheet Metal Workers Local 44 Annuity Fund by total assets, not by location.
- The Legal Aid Society Retirement Plan (NY) $47M · 597
- Annual Reviews 403(b) DC Plan (CA) $47M · 92
- Regional District Council Retirement Plan (OR) $47M · 1,613
- Prent Corporation Employees' Profit Sharing Plan (WI) $47M · 420
Frequently Asked Questions
How did Sheet Metal Workers Local 44 Annuity Fund assets move in 2023? ▼
How have Trustees of the Sheet Metal Workers Local 44 plan assets changed over time? ▼
Where does Sheet Metal Workers Local 44 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local 44 Annuity Fund? ▼
Next read for Sheet Metal Workers Local 44 Annuity Fun…
Filing takeaways
Ways to act on Sheet Metal Workers Local 44 Annuity Fund's numbers.
- By total assets, Sheet Metal Workers Local 44 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- Trustees of the Sheet Metal Workers Local 44's sponsor-wide assets have grown 20.4% since 2022 across 3 plan years on file. More Manufacturing plans