Defined Benefit (Pension) · DOL Form 5500 · 2023

B of T, Northwest Sheet Metal Workers Pension Plan Pension Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
4,660
Participants Above avg headcount
99th
Percentile by assets National rank
$331,875
Avg per participant High balance/head
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Official DOL plan name: Northwest Sheet Metal Workers Pension Plan · Sponsored by B of T, Northwest Sheet Metal Workers Pension Plan · Oregon · Construction

$1.5B in assets, 4,660 participants

B of T, Northwest Sheet Metal Workers Pension Plan's Northwest Sheet Metal Workers Pension Plan reported $1.5B in total assets and 4,660 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,956 in Construction (9,030 peers)

Coverage in Oregon

Northwest Sheet Metal Workers Pension Plan covers 4,660 participants in Oregon, 11x the typical Oregon plan (state average ~443 per filing). Assets: $1.5B.

#8,956
in Construction (9,030 peers)
+13.5%
assets growth YoY
16×
vs typical plan assets (national mean)

Northwest Sheet Metal Workers Pension Plan's outsized position by total assets

Northwest Sheet Metal Workers Pension Plan vs every filed plan by assets

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

$1,546,537,504 Top 1% higher than 99% 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

Northwest Sheet Metal Workers Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northwest Sheet Metal Workers Pension Plan lands in the large band (4,660 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northwest Sheet Metal Workers Pension Plan reported net income rose from $17M in the plan year 2022 filing to $168M in the plan year 2023 filing.
  • Northwest Sheet Metal Workers Pension Plan end-of-year assets rose from $1.4B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
  • Northwest Sheet Metal Workers Pension Plan reported participants rose from 4,602 in the plan year 2022 filing to 4,660 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 916061344 · B of T, Northwest Sheet Metal Workers Pension Plan PY 2023 · Defined Benefit (Pension)

Northwest Sheet Metal Workers Pension Plan · $1.5B · 4,660 · 99th

  • BOY $1.5B
  • BOY 4,660
  • BOY 99th
  • BOY Defined Benefit (Pension)
  • BOY near Pipeline Industry Pension Fund
  • BOY ind #8956

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 Oregon →

Northwest Sheet Metal Workers Pension Plan in the asset neighbourhood

S.E.I.U. National Industry Pension FundS.E.I.U. National Industry P…$1.6BNorthwest Sheet Metal Workers Pension PlanNorthwest Sheet Metal Worker…$1.5BPipeline Industry Pension FundPipeline Industry Pension Fu…$1.6BAon Retirement Pension Plan$1.6BSiemens Pension Plan$1.5B
End-of-year total assets ($B) among Northwest Sheet Metal Workers Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Oregon filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.5B
Net Income$168M
Employer EIN916061344
Plan Effective Date1965-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (B of T, Northwest Sheet Metal Workers Pension Plan)

Sponsor-wide plan assets over time

All B of T, Northwest Sheet Metal Workers Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 24.16254518727672% vs 2022
2024 filing year
$1.3B$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.36B $1.69B ▲ +24.3%
Year Plans Participants Total Assets
2022 1 4,602 $1.4B
2023 1 4,660 $1.5B
2024 1 4,783 $1.7B

Nearby Defined Benefit (Pension) Plans in Oregon

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

Northwest Sheet Metal Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in Oregon, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 0.811.21.41.61.8 Total assets ($B) Participants Northwest Sheet Metal Workers Pension Plan, Total assets ($B): 1.546537504 · Participants: 4660Northwest Sheet Metal Workers Pension PlanXpo Pension Plan, Total assets ($B): 1.662597016 · Participants: 4840Xpo Pension PlanUa Local 290 Plumber, Steamfitter & Shipfitter Pension Plan, Total assets ($B): 1.119947239 · Participants: 3351Ua Local 290 Plumber, Steamfitter & Shipfitter Pension PlanPrecision Castparts Corp. Retirement Plan, Total assets ($B): 1.05006839 · Participants: 2018Precision Castparts Corp. Retirement PlanOregon Retail Employees Pension Plan, Total assets ($B): 1.019198743 · Participants: 20043Oregon Retail Employees Pension PlanEdison Pension Plan, Total assets ($B): 0.922411141 · Participants: 4497Edison Pension Plan
Northwest Sheet Metal Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in Oregon, assets vs. participants
Compare Northwest Sheet Metal Workers Pension Plan side-by-side with 3 peers →

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

Outside Oregon, the nearest Defined Benefit (Pension) by assets is Pipeline Industry Pension Fund in OK ($1.6B); by covered participants it is Pipe Trades Services Mn Pension Plan in MN (4,658 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,660 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 Northwest Sheet Metal Workers Pension Plan assets move in 2023? ▼
Northwest Sheet Metal Workers Pension Plan grew at a solid clip - up 13.5% during 2023, from $1.4B to $1.5B. Reported net income was $168M.
How have B of T, Northwest Sheet Metal Workers Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), B of T, Northwest Sheet Metal Workers Pension Plan's sponsor-wide assets grew 24.2%, from $1.4B to $1.7B.
Where does Northwest Sheet Metal Workers Pension Plan rank by assets among Form 5500 filers? ▼
Northwest Sheet Metal Workers Pension Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Northwest Sheet Metal Workers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pipeline Industry Pension Fund in OK ($1.6B, 1,904 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Northwest Sheet Metal Workers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pipe Trades Services Mn Pension Plan in MN (4,658 participants, $1.5B 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 916061344.

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.