Defined Benefit (Pension) · DOL Form 5500 · 2023
Sheet Metal Workers Local Union No. 268 Pension Plan
Data updated 2026-08-25
- $60M
- Total assets Below avg plan size
- 351
- Participants Below avg headcount
- 87th
- Percentile by assets National rank
- $170,723
- Avg per participant Above avg balance/head
Official DOL plan name: Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement · Sponsored by Sheet Metal Workers Local Union No. 268 · Illinois · Construction
$60M in assets, 351 participants
Sheet Metal Workers Local Union No. 268's Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement reported $60M in total assets and 351 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.
- #7,697 in Construction (9,030 peers)
Coverage in Illinois
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement covers 351 participants in Illinois, about 45% of the average Illinois filer (state average ~779 per filing). Assets: $60M.
- #7,697
- in Construction (9,030 peers)
- +15.3%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement's outsized position by total assets
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$59,923,910 Top 13% higher than 87% 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
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement 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. Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement sits mid-pack in the medium band (351 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement reported net income rose from -$87K in the plan year 2022 filing to $8M in the plan year 2023 filing.
- Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement end-of-year assets rose from $52M in the plan year 2022 filing to $60M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 370557803 · Sheet Metal Workers Local Union No. 268 PY 2023 · Defined Benefit (Pension)
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement · $60M · 351 · 87th
- PCT $60M
- EIN 351
- RANK 87th
- PHOTO Defined Benefit (Pension)
- IND near Libbey Salaried Cash Balance Pension Plan
- EOY ind #7697
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 Illinois →
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $52M |
|---|---|
| Net Assets (End of Year) | $60M |
| Net Income | $8M |
| Employer EIN | 370557803 |
| Plan Effective Date | 1960-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sheet Metal Workers Local Union No. 268)
Sponsor-wide plan assets over time
All Sheet Metal Workers Local Union No. 268 plans reported in each filing year
- Latest sponsor-wide plan assets
- $65M 24.616091095346064% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 349 | $52M |
| 2023 | 1 | 351 | $60M |
| 2024 | 1 | 361 | $65M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
- State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
- John Deere Pension Plan for Salaried Employees $8.0B · 16,346
- Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Libbey Salaried Cash Balance Pension Plan in OH ($60M); by covered participants it is Swiss Re Group U.S. Employee's Pension Plan in NY (351 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($60M here).
- Libbey Salaried Cash Balance Pension Plan (OH) $60M · 120
- Vermont Mutual Insurance Company Employees' Pension Plan (VT) $60M · 80
- Y-12 Federal Credit Union Cash Balance Retirement Pension Plan (TN) $60M · 317
- American Legion Retirement Plan for Employees of the National Headquarters & Subordinate Groups Thereof (IN) $60M · 77
Similar participant headcount
Nearest other-state filings by covered participants (351 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.