Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees - Sheet Metal Workers Local No. 177 Pension Fund Pension Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size: 653
Participants Below avg headcount: 89th
Percentile by assets National rank: $106,542
Avg per participant Below avg balance/head

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Official DOL plan name: Sheet Metal Workers Local No. 177 Pension Fund · Sponsored by Trustees - Sheet Metal Workers Local No. 177 Pension Fund · Tennessee · Construction

$70M in assets, 653 participants

Trustees - Sheet Metal Workers Local No. 177 Pension Fund's Sheet Metal Workers Local No. 177 Pension Fund reported $70M in total assets and 653 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

#7,808 in Construction (9,030 peers)

Where Sheet Metal Workers Local No. 177 Pension Fund sits by assets

Sheet Metal Workers Local No. 177 Pension Fund sits in the top quartile of all filed plans by assets, $70M for 653 participants (~$106,542/participant), up 11.9% in 2023.

#7,808
in Construction (9,030 peers): +11.9%
assets growth YoY: 0.7×
vs typical plan assets (national mean)

Sheet Metal Workers Local No. 177 Pension Fund's outsized position by total assets

Sheet Metal Workers Local No. 177 Pension Fund vs every filed plan by assets

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

$69,572,172 Top 11% higher than 89% 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 No. 177 Pension 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 No. 177 Pension Fund sits mid-pack in the medium band (653 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Sheet Metal Workers Local No. 177 Pension Fund reported net income rose from -$11M in the plan year 2022 filing to $7M in the plan year 2023 filing.
Sheet Metal Workers Local No. 177 Pension Fund reported participants rose from 575 in the plan year 2022 filing to 653 in the plan year 2023 filing.
Sheet Metal Workers Local No. 177 Pension Fund end-of-year assets rose from $62M in the plan year 2022 filing to $70M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 626093256 · Trustees - Sheet Metal Workers Local No. 177 Pension Fund PY 2023 · Defined Benefit (Pension)

Sheet Metal Workers Local No. 177 Pension Fund · $70M · 653 · 89th

BOOK $70M
BOOK 653
BOOK 89th
BOOK Defined Benefit (Pension)
BOOK near Princeton Community Hospital Pension Plan
BOOK ind #7808

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 Construction retirement plans → · Plans in Tennessee →

End-of-year total assets ($M) among Sheet Metal Workers Local No. 177 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$62M
Net Assets (End of Year)	$70M
Net Income	$7M
Employer EIN	626093256
Plan Effective Date	1967-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees - Sheet Metal Workers Local No. 177 Pension Fund)

Latest sponsor-wide plan assets: $76M 21.67151386870797% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	575	$62M
2023	1	653	$70M
2024	1	646	$76M

Nearby Defined Benefit (Pension) Plans in Tennessee

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

Sheet Metal Workers Local No. 177 Pension Fund vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants

Fedex Corporation Employees' Pension Plan $26.6B · 139,031
Retirement Plan of International Paper Company $8.8B · 20,164
Pace Industry Union-Management Pension Fund $2.7B · 3,192
Pension Plan for Employees at Ornl $2.5B · 5,801
Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee $2.1B · 2,710

Compare Sheet Metal Workers Local No. 177 Pension Fund side-by-side with 3 peers →

Sheet Metal Workers Local No. 177 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Tennessee, the nearest Defined Benefit (Pension) by assets is Princeton Community Hospital Pension Plan in WV ($70M); by covered participants it is Lexmark Retirement Growth Account Plan in KY (653 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($70M here).

Princeton Community Hospital Pension Plan (WV) $70M · N/A
Retirement Plan for Employees of Sun Pacific Shippers, L.P. (CA) $70M · 735
Eglin Federal Credit Union Retirement Plan (FL) $70M · 264
Asr Staunton Employee's Retirement Plan (CT) $70M · 2

Similar participant headcount

Nearest other-state filings by covered participants (653 participants); asset peers above are excluded.

Lexmark Retirement Growth Account Plan (KY) 653 · 0 off
Jacksonville Maritime Association / International Longshoremen's Association Pension Plan (FL) 653 · 0 off
Iuoe Local 98 Pension Plan (MA) 654 · 1 off
Chicago Tile Institute Pension Fund (IL) 652 · 1 off

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 No. 177 Pension Fund assets move in 2023? ▼

Sheet Metal Workers Local No. 177 Pension Fund grew at a solid clip - up 11.9% during 2023, from $62M to $70M. Reported net income was $7M.

How have Trustees - Sheet Metal Workers Local No. 177 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees - Sheet Metal Workers Local No. 177 Pension Fund's sponsor-wide assets grew 21.7%, from $62M to $76M.

Where does Sheet Metal Workers Local No. 177 Pension Fund rank by assets among Form 5500 filers? ▼

Sheet Metal Workers Local No. 177 Pension Fund ranks in the 89th 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 No. 177 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Princeton Community Hospital Pension Plan in WV ($70M, N/A participants).

Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local No. 177 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Lexmark Retirement Growth Account Plan in KY (653 participants, $354M 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 626093256.