Profit Sharing · DOL Form 5500 · 2023
Trustees of the Sheet Metal Workers Local 44 Profit Sharing Plan
Data updated 2026-08-25
- $47M
- Total assets Below avg plan size
- 333
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $141,512
- Avg per participant Near avg balance/head
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.
- #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.
- #14,650
- in Manufacturing (18,722 peers)
- +10.8%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Sheet Metal Workers Local 44 Annuity Fund's outsized position by total assets
Sheet Metal Workers Local 44 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$47,123,454 Top 15% higher than 85% 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 Local 44 Annuity Fund 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 Annuity Fund sits mid-pack in the medium band (333 participants).
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.
Plan-year Form 5500 strip
Filing strip 236751172 · Trustees of the Sheet Metal Workers Local 44 PY 2023 · Profit Sharing
Sheet Metal Workers Local 44 Annuity Fund · $47M · 333 · 85th
- ASSETS $47M
- ASSETS 333
- ASSETS 85th
- ASSETS Profit Sharing
- ASSETS near The Legal Aid Society Retirement Plan
- ASSETS ind #14650
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 Annuity Fund in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Trustees of the Sheet Metal Workers Local 44 plans reported in each filing year
- Latest sponsor-wide plan assets
- $51M 20.415865957005224% vs 2022
- 2024 filing year
| 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.
- 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
Sheet Metal Workers Local 44 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside Pennsylvania, the nearest Profit Sharing by assets is The Legal Aid Society Retirement Plan in NY ($47M); by covered participants it is Community Action Partnership of Ramsey and Washington Counties Tax Sheltered Investment Program 403(b) Plan in MN (333 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($47M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (333 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.