Defined Benefit (Pension) · DOL Form 5500 · 2023
Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund Pension Plan
Data updated 2026-08-25
- $194M
- Total assets Near avg plan size
- 832
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $233,401
- Avg per participant Above avg balance/head
Official DOL plan name: Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund · Sponsored by Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund · Indiana · Other Services
$194M in assets, 832 participants
Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund's Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund reported $194M in total assets and 832 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- #7,733 in Other Services (7,857 peers)
Where Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund sits by assets
Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund sits in the top 5% of all filed plans by assets, $194M for 832 participants (~$233,401/participant), up 11.5% in 2023.
- #7,733
- in Other Services (7,857 peers)
- +11.5%
- assets growth YoY
- 1.9×
- vs typical plan assets (national mean)
Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund's outsized position by total assets
Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$194,189,687 Top 5% higher than 95% 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. 20, Indianapolis Area, 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. 20, Indianapolis Area, Pension Fund sits mid-pack in the medium band (832 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund reported net income rose from -$31M in the plan year 2022 filing to $20M in the plan year 2023 filing.
- Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund end-of-year assets rose from $174M in the plan year 2022 filing to $194M in the plan year 2023 filing.
- Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund reported participants fell from 846 in the plan year 2022 filing to 832 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 510168516 · Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund PY 2023 · Defined Benefit (Pension)
Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund · $194M · 832 · 95th
- 5500 $194M
- ASSETS 832
- PCT 95th
- EIN Defined Benefit (Pension)
- RANK near Operating Engineers Pension Trust Fund of Washington D.C. and Vicinity
- PHOTO ind #7733
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 Other Services retirement plans → · Plans in Indiana →
Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $174M |
|---|---|
| Net Assets (End of Year) | $194M |
| Net Income | $20M |
| Employer EIN | 510168516 |
| Plan Effective Date | 1964-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund)
Sponsor-wide plan assets over time
All Sheet Metal Workers Local No. 20 Indianapolis Area, Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $212M 21.528244617458295% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 846 | $174M |
| 2023 | 1 | 832 | $194M |
| 2024 | 1 | 886 | $212M |
Nearby Defined Benefit (Pension) Plans in Indiana
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Lilly Retirement Plan $11.7B · 19,111
- Cummins Pension Plan $3.3B · 26,560
- Indiana Laborers Pension Fund $1.7B · 10,800
- Elevance Health Cash Balance Plan a $1.3B · 8,197
- Nisource Pension Plan $1.1B · 2,174
Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Indiana, the nearest Defined Benefit (Pension) by assets is Operating Engineers Pension Trust Fund of Washington D.C. and Vicinity in MD ($194M); by covered participants it is American Cast Iron Pipe Company Pension Plan in AL (832 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($194M here).
- Operating Engineers Pension Trust Fund of Washington D.C. and Vicinity (MD) $194M · 1,270
- Wci Steel/Pyro/Baron Retirement Plan (NY) $194M · N/A
- Xcel Energy Inc. Non-Bargaining Pension Plan (South) (MN) $194M · 933
- Driv Employees Retirement Plan (MI) $194M · 544
Similar participant headcount
Nearest other-state filings by covered participants (832 participants); asset peers above are excluded.
- American Cast Iron Pipe Company Pension Plan (AL) 832 · 0 off
- United Furniture Workers Pension Fund a (TN) 832 · 0 off
- Pension Plan for Salaried Employees of Stater Bros. Markets (CA) 832 · 0 off
- Lg&e and Ku Pension Plan (KY) 833 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.