Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund Pension Plan

Data updated 2026-08-25

$160M
Total assets Near avg plan size
590
Participants Below avg headcount
94th
Percentile by assets National rank
$271,211
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sheet Metal Workers Local No. 292 Pension Fund · Sponsored by Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund · Michigan · Manufacturing

$160M in assets, 590 participants

Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund's Sheet Metal Workers Local No. 292 Pension Fund reported $160M in total assets and 590 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #16,958 in Manufacturing (18,722 peers)

Where Sheet Metal Workers Local No. 292 Pension Fund sits by assets

Sheet Metal Workers Local No. 292 Pension Fund sits in the top 10% of all filed plans by assets, $160M for 590 participants (~$271,211/participant), up 9.7% in 2023.

#16,958
in Manufacturing (18,722 peers)
+9.7%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Sheet Metal Workers Local No. 292 Pension Fund's outsized position by total assets

Sheet Metal Workers Local No. 292 Pension Fund vs every filed plan by assets

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

$160,014,552 Top 6% higher than 94% 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

Sheet Metal Workers Local No. 292 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. 292 Pension Fund sits mid-pack in the medium band (590 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal Workers Local No. 292 Pension Fund reported net income rose from -$7M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Sheet Metal Workers Local No. 292 Pension Fund end-of-year assets rose from $146M in the plan year 2022 filing to $160M in the plan year 2023 filing.
  • Sheet Metal Workers Local No. 292 Pension Fund reported participants fell from 607 in the plan year 2022 filing to 590 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 381659157 · Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund PY 2023 · Defined Benefit (Pension)

Sheet Metal Workers Local No. 292 Pension Fund · $160M · 590 · 94th

  • TYPE $160M
  • TYPE 590
  • TYPE 94th
  • TYPE Defined Benefit (Pension)
  • TYPE near Oce Employees' Cash Accumulation Plan
  • TYPE ind #16958

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 Michigan →

Sheet Metal Workers Local No. 292 Pension Fund in the asset neighbourhood

Hawaii Truckers-Teamsters Union Pension PlanHawaii Truckers-Teamsters Un…$160MSheet Metal Workers Local No. 292 Pension FundSheet Metal Workers Local No…$160MOce Employees' Cash Accumulation PlanOce Employees' Cash Accumula…$160MThe Cooper Companies, Inc. Retirement Income PlanThe Cooper Companies, Inc. R…$160MIllinois Education Association Staff Retirement PlanIllinois Education Associati…$160M
End-of-year total assets ($M) among Sheet Metal Workers Local No. 292 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)$146M
Net Assets (End of Year)$158M
Net Income$13M
Employer EIN381659157
Plan Effective Date1961-06-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$166M 14.102865761205347% vs 2022
2024 filing year
$140M$150M$160M$170M 202220232024 $146M $166M ▲ +14.1%
Year Plans Participants Total Assets
2022 1 607 $146M
2023 1 590 $160M
2024 1 608 $166M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Sheet Metal Workers Local No. 292 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Sheet Metal Workers Local No. 292 Pension Fund, Total assets ($B): 0.160014552 · Participants: 590Sheet Metal Workers Local No. 292 Pension FundGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Sheet Metal Workers Local No. 292 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Sheet Metal Workers Local No. 292 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Oce Employees' Cash Accumulation Plan in NY ($160M); by covered participants it is Ila Local 1478-2 Pension Plan in NJ (589 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (590 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 Sheet Metal Workers Local No. 292 Pension Fund assets move in 2023?
Sheet Metal Workers Local No. 292 Pension Fund grew at a solid clip - up 9.7% during 2023, from $146M to $160M. Reported net income was $13M.
How have Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund's sponsor-wide assets grew 14.1%, from $146M to $166M.
Where does Sheet Metal Workers Local No. 292 Pension Fund rank by assets among Form 5500 filers?
Sheet Metal Workers Local No. 292 Pension Fund ranks in the 94th 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 Sheet Metal Workers Local No. 292 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Oce Employees' Cash Accumulation Plan in NY ($160M, 600 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local No. 292 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ila Local 1478-2 Pension Plan in NJ (589 participants, $69M in assets).