Money Purchase · DOL Form 5500 · 2023
Board of Trustees, Sheet Metal Workers' Local 206 Money Purchase Plan
Data updated 2026-08-25
- $55M
- Total assets Below avg plan size
- 1,021
- Participants Near avg headcount
- 87th
- Percentile by assets National rank
- $54,333
- Avg per participant Low balance/head
Official DOL plan name: Sheet Metal Workers' Local 206 Section 401(a) Plan · Sponsored by Board of Trustees, Sheet Metal Workers' Local 206 · California · Construction
$55M in assets, 1,021 participants
Board of Trustees, Sheet Metal Workers' Local 206's Sheet Metal Workers' Local 206 Section 401(a) Plan reported $55M in total assets and 1,021 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.
- #7,624 in Construction (9,030 peers)
Where Sheet Metal Workers' Local 206 Section 401(a) Plan sits by assets
Sheet Metal Workers' Local 206 Section 401(a) Plan sits in the top quartile of all filed plans by assets, $55M for 1,021 participants (~$54,333/participant), up 13.6% in 2023.
- #7,624
- in Construction (9,030 peers)
- +13.6%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Sheet Metal Workers' Local 206 Section 401(a) Plan's outsized position by total assets
Sheet Metal Workers' Local 206 Section 401(a) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$55,473,601 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
Sheet Metal Workers' Local 206 Section 401(a) 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. Sheet Metal Workers' Local 206 Section 401(a) Plan lands in the large band (1,021 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers' Local 206 Section 401(a) Plan reported net income rose from $5M in the plan year 2022 filing to $7M in the plan year 2023 filing.
- Sheet Metal Workers' Local 206 Section 401(a) Plan end-of-year assets rose from $49M in the plan year 2022 filing to $55M in the plan year 2023 filing.
- Sheet Metal Workers' Local 206 Section 401(a) Plan reported participants rose from 971 in the plan year 2022 filing to 1,021 in the plan year 2023 filing.
DOL schedule card
Filing strip 330614939 · Board of Trustees, Sheet Metal Workers' Local 206 PY 2023 · Money Purchase
Sheet Metal Workers' Local 206 Section 401(a) Plan · $55M · 1,021 · 87th
- BOOK $55M
- VS-ST 1,021
- BOY 87th
- SCH Money Purchase
- EBSA near Local 18 Int'l Assoc. of Heat & Frost Insulators & Allied Workers Supplemental Pension Fund
- PART ind #7624
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 California →
Sheet Metal Workers' Local 206 Section 401(a) Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $49M |
|---|---|
| Net Assets (End of Year) | $55M |
| Net Income | $7M |
| Employer EIN | 330614939 |
| Plan Effective Date | 1994-08-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Sheet Metal Workers' Local 206)
Sponsor-wide plan assets over time
All Board of Trustees, Sheet Metal Workers' Local 206 plans reported in each filing year
- Latest sponsor-wide plan assets
- $62M 26.289188387403883% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 971 | $49M |
| 2023 | 1 | 1,021 | $55M |
| 2024 | 1 | 1,260 | $62M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.0B · 18,060
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.1B · 36,330
- University of Southern California Defined Contribution Retirement Plan $4.4B · 20,136
- Carpenters Annuity Trust Fund for Northern California $3.3B · 25,961
- Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan $2.2B · 23,168
Sheet Metal Workers' Local 206 Section 401(a) Plan's out-of-state Money Purchase peers by assets and headcount
Outside California, the nearest Money Purchase by assets is Local 18 Int'l Assoc. of Heat & Frost Insulators & Allied Workers Supplemental Pension Fund in IN ($56M); by covered participants it is Valley View Hospital Money Purchase Plan in CO (1,023 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($55M here).
- Local 18 Int'l Assoc. of Heat & Frost Insulators & Allied Workers Supplemental Pension Fund (IN) $56M · 599
- Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust (MI) $55M · 301
- Plumbers and Pipefitters of the Carolinas Defined Contribution Plan (FL) $55M · 1,094
- Operating Eng. Local 474 Defined Contribution (TN) $56M · 338
Similar participant headcount
Nearest other-state filings by covered participants (1,021 participants); asset peers above are excluded.
- Valley View Hospital Money Purchase Plan (CO) 1,023 · 2 off
- Michiana Area Electrical Workers' Money Purchase Plan (MI) 1,017 · 4 off
- Northwest Hospital Center, Inc. Money Purchase Pension Plan and Trust (MD) 1,028 · 7 off
- International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund (TX) 1,010 · 11 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.