Profit Sharing · DOL Form 5500 · 2023

Smart Local 27 Annuity Fund Trustees Profit Sharing Plan

Data updated 2026-08-11

$139M
Total assets
1,008
Participants
93rd
Percentile by assets
$138,341
Avg per participant
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Official DOL plan name: Sheet Metal, Air, Rail Transportation Local No.27 · Sponsored by Smart Local 27 Annuity Fund Trustees · New Jersey · Construction

$139M in assets, 1,008 participants

Smart Local 27 Annuity Fund Trustees's Sheet Metal, Air, Rail Transportation Local No.27 reported $139M in total assets and 1,008 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #8,272 in Construction (9,030 peers)

Where Sheet Metal, Air, Rail Transportation Local No.27 sits by assets

Sheet Metal, Air, Rail Transportation Local No.27 sits in the top 10% of all filed plans by assets, $139M for 1,008 participants (~$138,341/participant), up 12.5% in 2023.

$139M
total plan assets (2023 EOY)
1,008
covered participants
93rd
percentile by assets (of 127,072 plans)
$138,341
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal, Air, Rail Transportation Local No.27 reported net income rose from -$22M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Sheet Metal, Air, Rail Transportation Local No.27 end-of-year assets rose from $124M in the plan year 2022 filing to $139M in the plan year 2023 filing.
  • Sheet Metal, Air, Rail Transportation Local No.27 reported participants rose from 986 in the plan year 2022 filing to 1,008 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Sheet Metal, Air, Rail Transportation Local No.27 vs the 2023 asset distribution

By assets, Sheet Metal, Air, Rail Transportation Local No.27 outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$124M
Net Assets (End of Year)$139M
Net Income$16M
Employer EIN222604860
Plan Effective Date1984-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smart Local 27 Annuity Fund Trustees)

$120M$130M$140M$150M$160M 202220232024 $124M $148M ▲ +19.6%
Total plan assets by year, all Smart Local 27 Annuity Fund Trustees plans on file
Year Plans Participants Total Assets
2022 1 986 $124M
2023 1 1,008 $139M
2024 1 1,039 $148M

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Sheet Metal, Air, Rail Transportation Local No.27 vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Sheet Metal, Air, Rail Transportation Local No.27 vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050001000015000 0123 Total assets ($B) Participants Sheet Metal, Air, Ra…Ernst & Young Partne…Operating Engineers …Heavy & General Labo…IBEW Local Union No …Kpmg Partner Retirem…
Sheet Metal, Air, Rail Transportation Local No.27 vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Sheet Metal, Air, Rail Transportation Local No.27 by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal, Air, Rail Transportation Local No.27 assets move in 2023?
Sheet Metal, Air, Rail Transportation Local No.27 grew at a solid clip - up 12.5% during 2023, from $124M to $139M. Reported net income was $16M.
How have Smart Local 27 Annuity Fund Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Smart Local 27 Annuity Fund Trustees's sponsor-wide assets grew 19.6%, from $124M to $148M.
Where does Sheet Metal, Air, Rail Transportation Local No.27 rank by assets among Form 5500 filers?
Sheet Metal, Air, Rail Transportation Local No.27 ranks in the 93rd 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 Profit Sharing plans are similar in size to Sheet Metal, Air, Rail Transportation Local No.27?
Among Profit Sharing plans in other states, the closest by assets is Pointers, Cleaners & Caulkers Annuity Fund in NY ($139M, 2,316 participants).

Next read for Sheet Metal, Air, Rail Transportation Lo…

Scale reading

Ways to act on Sheet Metal, Air, Rail Transportation Local No.27's numbers.

  • By total assets, Sheet Metal, Air, Rail Transportation Local No.27 ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
  • Smart Local 27 Annuity Fund Trustees's sponsor-wide assets have grown 19.6% since 2022 across 3 plan years on file. More Construction plans