Profit Sharing · DOL Form 5500 · 2023

Sheet Metal Workers Local 22 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$78M
Total assets Below avg plan size
240
Participants Below avg headcount
89th
Percentile by assets National rank
$323,148
Avg per participant High balance/head
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Official DOL plan name: Sheet Metal Workers Local 22 - Annuity Fund · Sponsored by Sheet Metal Workers Local 22 Annuity Fund · New Jersey · Construction

$78M in assets, 240 participants

Sheet Metal Workers Local 22 Annuity Fund's Sheet Metal Workers Local 22 - Annuity Fund reported $78M in total assets and 240 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,902 in Construction (9,030 peers)

Coverage in New Jersey

Sheet Metal Workers Local 22 - Annuity Fund covers 240 participants in New Jersey, about 28% of the average New Jersey filer (state average ~844 per filing). Assets: $78M.

#7,902
in Construction (9,030 peers)
+9.7%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Sheet Metal Workers Local 22 - Annuity Fund's outsized position by total assets

Sheet Metal Workers Local 22 - Annuity Fund vs every filed plan by assets

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

$77,555,607 Top 11% higher than 89% 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 22 - Annuity 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 22 - Annuity Fund sits mid-pack in the medium band (240 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal Workers Local 22 - Annuity Fund reported net income rose from -$1M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Sheet Metal Workers Local 22 - Annuity Fund end-of-year assets rose from $71M in the plan year 2022 filing to $78M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 227375195 · Sheet Metal Workers Local 22 Annuity Fund PY 2023 · Profit Sharing

Sheet Metal Workers Local 22 - Annuity Fund · $78M · 240 · 89th

  • VS-ST $78M
  • BOY 240
  • SCH 89th
  • EBSA Profit Sharing
  • PART near Roofers Local #2 Supplemental Pension Plan
  • TYPE ind #7902

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 New Jersey →

Sheet Metal Workers Local 22 - Annuity Fund in the asset neighbourhood

The American University in Cairo Custodial Retirement PlanThe American University in C…$78MRoofers Local #2 Supplemental Pension PlanRoofers Local #2 Supplementa…$78MSheet Metal Workers Local 22 - Annuity FundSheet Metal Workers Local 22…$78MSchiff Hardin LLP Professional Retirement Plan IISchiff Hardin LLP Profession…$77MNew Orleans Electrical Annuity PlanNew Orleans Electrical Annui…$77M
End-of-year total assets ($M) among Sheet Metal Workers Local 22 - Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$78M
Net Income$7M
Employer EIN227375195
Plan Effective Date1974-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local 22 Annuity Fund)

Sponsor-wide plan assets over time

All Sheet Metal Workers Local 22 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$83M 16.969088900294643% vs 2022
2024 filing year
$65M$70M$75M$80M$85M 202220232024 $70.7M $82.7M ▲ +17.0%
Year Plans Participants Total Assets
2022 1 239 $71M
2023 1 240 $78M
2024 1 241 $83M

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local 22 - Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Sheet Metal Workers Local 22 - Annuity Fund, Total assets ($B): 0.077555607 · Participants: 240Sheet Metal Workers Local 22 - Annuity FundErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.4875433 · Participants: 1843Ernst & Young Partnership Retirement (Hr-10) PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.438796802 · Participants: 10336Operating Engineers Local 825 Profit Sharing FundHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.401252704 · Participants: 8602Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.637415895 · Participants: 2283IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.529416194 · Participants: 1895Kpmg Partner Retirement Savings Plan
Sheet Metal Workers Local 22 - Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
Compare Sheet Metal Workers Local 22 - Annuity Fund side-by-side with 3 peers →

Sheet Metal Workers Local 22 - Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Roofers Local #2 Supplemental Pension Plan in MO ($78M); by covered participants it is Wisconsin Humane Society Employees' Retirement Plan in WI (240 participants). Same-state nearby plans are listed separately above.

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 22 - Annuity Fund assets move in 2023? ▼
Sheet Metal Workers Local 22 - Annuity Fund grew at a solid clip - up 9.7% during 2023, from $71M to $78M. Reported net income was $7M.
How have Sheet Metal Workers Local 22 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local 22 Annuity Fund's sponsor-wide assets grew 17.0%, from $71M to $83M.
Where does Sheet Metal Workers Local 22 - Annuity Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local 22 - Annuity Fund ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local 22 - Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Roofers Local #2 Supplemental Pension Plan in MO ($78M, 762 participants).
Which Profit Sharing plans cover a similar participant headcount to Sheet Metal Workers Local 22 - Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Wisconsin Humane Society Employees' Retirement Plan in WI (240 participants, $5M 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 227375195.

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.