Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Employer - Industrial Sheet Metal Workers 16 Pension Tr Pension Plan

Data updated 2026-08-25

$89M
Total assets Below avg plan size
255
Participants Below avg headcount
90th
Percentile by assets National rank
$347,068
Avg per participant High balance/head
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Official DOL plan name: Employer-Industrial Sheet Metal Workers Local 16 Pension Trust · Sponsored by Trustees of Employer - Industrial Sheet Metal Workers 16 Pension Tr · Oregon · Manufacturing

$89M in assets, 255 participants

Trustees of Employer - Industrial Sheet Metal Workers 16 Pension Tr's Employer-Industrial Sheet Metal Workers Local 16 Pension Trust reported $89M in total assets and 255 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #16,038 in Manufacturing (18,722 peers)

Where Employer-Industrial Sheet Metal Workers Local 16 Pension Trust sits by assets

Employer-Industrial Sheet Metal Workers Local 16 Pension Trust sits in the top 10% of all filed plans by assets, $89M for 255 participants (~$347,068/participant), up 6.0% in 2023.

#16,038
in Manufacturing (18,722 peers)
+6.0%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Employer-Industrial Sheet Metal Workers Local 16 Pension Trust's outsized position by total assets

Employer-Industrial Sheet Metal Workers Local 16 Pension Trust vs every filed plan by assets

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

$88,502,296 Top 10% higher than 90% 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

Employer-Industrial Sheet Metal Workers Local 16 Pension Trust 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. Employer-Industrial Sheet Metal Workers Local 16 Pension Trust sits mid-pack in the medium band (255 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Employer-Industrial Sheet Metal Workers Local 16 Pension Trust reported net income rose from -$21M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Employer-Industrial Sheet Metal Workers Local 16 Pension Trust end-of-year assets rose from $84M in the plan year 2022 filing to $89M in the plan year 2023 filing.
  • Employer-Industrial Sheet Metal Workers Local 16 Pension Trust reported participants rose from 247 in the plan year 2022 filing to 255 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 510171397 · Trustees of Employer - Industrial Sheet Metal Workers 16 Pension Tr PY 2023 · Defined Benefit (Pension)

Employer-Industrial Sheet Metal Workers Local 16 Pension Trust · $89M · 255 · 90th

  • ASSETS $89M
  • ASSETS 255
  • ASSETS 90th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near I.B.E.W. Local Union No. 90 Pension Fund
  • ASSETS ind #16038

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 Oregon →

Employer-Industrial Sheet Metal Workers Local 16 Pension Trust in the asset neighbourhood

Carroll Hospital Center, Inc. Retirement Income PlanCarroll Hospital Center, Inc…$89MEaglepicher Closed Defined Benefit PlanEaglepicher Closed Defined B…$89MI.B.E.W. Local Union No. 90 Pension FundI.B.E.W. Local Union No. 90 …$89MEmployer-Industrial Sheet Metal Workers Local 16 Pension TrustEmployer-Industrial Sheet Me…$89MAmalgamated Transit Union Pension Plan for International Officers and EmployeesAmalgamated Transit Union Pe…$88M
End-of-year total assets ($M) among Employer-Industrial Sheet Metal Workers Local 16 Pension Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$84M
Net Assets (End of Year)$88M
Net Income$5M
Employer EIN510171397
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Employer - Industrial Sheet Metal Workers 16 Pension Tr)

Sponsor-wide plan assets over time

All Trustees of Employer - Industrial Sheet Metal Workers 16 Pension Tr plans reported in each filing year

Latest sponsor-wide plan assets
$91M 8.454604075396272% vs 2022
2024 filing year
$80M$85M$90M$95M 202220232024 $83.5M $90.6M ▲ +8.5%
Year Plans Participants Total Assets
2022 1 247 $84M
2023 1 255 $89M
2024 1 268 $91M

Nearby Defined Benefit (Pension) Plans in Oregon

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

Employer-Industrial Sheet Metal Workers Local 16 Pension Trust vs. nearby Defined Benefit (Pension) plans in Oregon, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 00.511.52 Total assets ($B) Participants Employer-Industrial Sheet Metal Workers Local 16 Pension Trust, Total assets ($B): 0.088502296 · Participants: 255Employer-Industrial Sheet Metal Workers Local 16 Pension TrustXpo Pension Plan, Total assets ($B): 1.662597016 · Participants: 4840Xpo Pension PlanNorthwest Sheet Metal Workers Pension Plan, Total assets ($B): 1.546537504 · Participants: 4660Northwest Sheet Metal Workers Pension PlanUa Local 290 Plumber, Steamfitter & Shipfitter Pension Plan, Total assets ($B): 1.119947239 · Participants: 3351Ua Local 290 Plumber, Steamfitter & Shipfitter Pension PlanPrecision Castparts Corp. Retirement Plan, Total assets ($B): 1.05006839 · Participants: 2018Precision Castparts Corp. Retirement PlanOregon Retail Employees Pension Plan, Total assets ($B): 1.019198743 · Participants: 20043Oregon Retail Employees Pension Plan
Employer-Industrial Sheet Metal Workers Local 16 Pension Trust vs. nearby Defined Benefit (Pension) plans in Oregon, assets vs. participants
Compare Employer-Industrial Sheet Metal Workers Local 16 Pension Trust side-by-side with 3 peers →

Employer-Industrial Sheet Metal Workers Local 16 Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Oregon, the nearest Defined Benefit (Pension) by assets is I.B.E.W. Local Union No. 90 Pension Fund in CT ($89M); by covered participants it is Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan in MI (255 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (255 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 Employer-Industrial Sheet Metal Workers Local 16 Pension Trust assets move in 2023? ▼
Employer-Industrial Sheet Metal Workers Local 16 Pension Trust grew at a solid clip - up 6.0% during 2023, from $84M to $89M. Reported net income was $5M.
How have Trustees of Employer - Industrial Sheet Metal Workers 16 Pension Tr plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Employer - Industrial Sheet Metal Workers 16 Pension Tr's sponsor-wide assets grew 8.5%, from $84M to $91M.
Where does Employer-Industrial Sheet Metal Workers Local 16 Pension Trust rank by assets among Form 5500 filers? ▼
Employer-Industrial Sheet Metal Workers Local 16 Pension Trust ranks in the 90th 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 Defined Benefit (Pension) plans are similar in size to Employer-Industrial Sheet Metal Workers Local 16 Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is I.B.E.W. Local Union No. 90 Pension Fund in CT ($89M, 386 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Employer-Industrial Sheet Metal Workers Local 16 Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan in MI (255 participants, $90M 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 510171397.

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.