Defined Benefit (Pension) · DOL Form 5500 · 2023

Hawaii Sheet Metal Workers Pension Fund Pension Plan

Data updated 2026-08-25

$289M
Total assets Near avg plan size
463
Participants Below avg headcount
96th
Percentile by assets National rank
$624,418
Avg per participant High balance/head
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Official DOL plan name: Hawaii Sheet Metal Workers Pension Fund · Sponsored by Hawaii Sheet Metal Workers Pension Fund · Hawaii · Construction

$289M in assets, 463 participants

Hawaii Sheet Metal Workers Pension Fund's Hawaii Sheet Metal Workers Pension Fund reported $289M in total assets and 463 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,600 in Construction (9,030 peers)

Where Hawaii Sheet Metal Workers Pension Fund sits by assets

Hawaii Sheet Metal Workers Pension Fund sits in the top 5% of all filed plans by assets, $289M for 463 participants (~$624,418/participant), up 3.4% in 2023.

#8,600
in Construction (9,030 peers)
+3.4%
assets growth YoY
2.9×
vs typical plan assets (national mean)

Hawaii Sheet Metal Workers Pension Fund's outsized position by total assets

Hawaii Sheet Metal Workers Pension Fund vs every filed plan by assets

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

$289,105,504 Top 4% higher than 96% 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

Hawaii Sheet Metal Workers 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. Hawaii Sheet Metal Workers Pension Fund sits mid-pack in the medium band (463 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hawaii Sheet Metal Workers Pension Fund reported net income rose from -$27M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Hawaii Sheet Metal Workers Pension Fund end-of-year assets rose from $280M in the plan year 2022 filing to $289M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 996009479 · Hawaii Sheet Metal Workers Pension Fund PY 2023 · Defined Benefit (Pension)

Hawaii Sheet Metal Workers Pension Fund · $289M · 463 · 96th

  • EOY $289M
  • EOY 463
  • EOY 96th
  • EOY Defined Benefit (Pension)
  • EOY near Mattel Cash Balance Plan
  • EOY ind #8600

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 Hawaii →

Hawaii Sheet Metal Workers Pension Fund in the asset neighbourhood

Mattel Cash Balance Plan$289MHawaii Sheet Metal Workers Pension FundHawaii Sheet Metal Workers P…$289MSeneca Foods Corporation Employees' Pension Benefit PlanSeneca Foods Corporation Emp…$289MMg Advantage Retirement Plan$289MLocal Union 212 IBEW Pension Trust FundLocal Union 212 IBEW Pension…$288M
End-of-year total assets ($M) among Hawaii Sheet Metal Workers 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)$280M
Net Assets (End of Year)$288M
Net Income$10M
Employer EIN996009479
Plan Effective Date1965-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hawaii Sheet Metal Workers Pension Fund)

Sponsor-wide plan assets over time

All Hawaii Sheet Metal Workers Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$316M 13.130682857220924% vs 2022
2024 filing year
$260M$280M$300M$320M 202220232024 $280M $316M ▲ +13.1%
Year Plans Participants Total Assets
2022 1 464 $280M
2023 1 463 $289M
2024 1 455 $316M

Nearby Defined Benefit (Pension) Plans in Hawaii

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

Hawaii Sheet Metal Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 02000400060008000 00.511.52 Total assets ($B) Participants Hawaii Sheet Metal Workers Pension Fund, Total assets ($B): 0.289105504 · Participants: 463Hawaii Sheet Metal Workers Pension FundRetirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries, Total assets ($B): 1.91180259 · Participants: 2406Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating SubsidiariesHotel Union and Hotel Industry of Hawaii Pension Plan, Total assets ($B): 0.704996682 · Participants: 7370Hotel Union and Hotel Industry of Hawaii Pension PlanPamcah-Ua Local 675 Pension Plan, Total assets ($B): 0.574975486 · Participants: 1505Pamcah-Ua Local 675 Pension PlanThe Queen's Health Systems Pension Plan, Total assets ($B): 0.505374398 · Participants: 5037The Queen's Health Systems Pension PlanHawaii Pacific Health Retirement Plan, Total assets ($B): 0.452484278 · Participants: 5550Hawaii Pacific Health Retirement Plan
Hawaii Sheet Metal Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants
Compare Hawaii Sheet Metal Workers Pension Fund side-by-side with 3 peers →

Hawaii Sheet Metal Workers Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Hawaii, the nearest Defined Benefit (Pension) by assets is Mattel Cash Balance Plan in CA ($289M); by covered participants it is Tidewater Electrical Industry Pension Fund in VA (463 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($289M here).

Similar participant headcount

Nearest other-state filings by covered participants (463 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 Hawaii Sheet Metal Workers Pension Fund assets move in 2023? ▼
Hawaii Sheet Metal Workers Pension Fund edged up modestly - up 3.4% during 2023, from $280M to $289M. Reported net income was $10M.
How have Hawaii Sheet Metal Workers Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hawaii Sheet Metal Workers Pension Fund's sponsor-wide assets grew 13.1%, from $280M to $316M.
Where does Hawaii Sheet Metal Workers Pension Fund rank by assets among Form 5500 filers? ▼
Hawaii Sheet Metal Workers Pension Fund ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Hawaii Sheet Metal Workers Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mattel Cash Balance Plan in CA ($289M, 246 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hawaii Sheet Metal Workers Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Tidewater Electrical Industry Pension Fund in VA (463 participants, $58M 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 996009479.

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.