Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees Sheet Metal Workers Local No. 71 Pension Plan Pension Plan
Data updated 2026-08-25
- $59M
- Total assets Below avg plan size
- 313
- Participants Below avg headcount
- 87th
- Percentile by assets National rank
- $189,221
- Avg per participant Above avg balance/head
Official DOL plan name: Sheet Metal Workers Local Union No 71 Pension Plan · Sponsored by Board of Trustees Sheet Metal Workers Local No. 71 Pension Plan · New York · Construction
$59M in assets, 313 participants
Board of Trustees Sheet Metal Workers Local No. 71 Pension Plan's Sheet Metal Workers Local Union No 71 Pension Plan reported $59M in total assets and 313 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.
- #7,682 in Construction (9,030 peers)
Coverage in New York
Sheet Metal Workers Local Union No 71 Pension Plan covers 313 participants in New York, about 39% of the average New York filer (state average ~798 per filing). Assets: $59M.
- #7,682
- in Construction (9,030 peers)
- +12.0%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Sheet Metal Workers Local Union No 71 Pension Plan's outsized position by total assets
Sheet Metal Workers Local Union No 71 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$59,226,076 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 Union No 71 Pension Plan 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 Union No 71 Pension Plan sits mid-pack in the medium band (313 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers Local Union No 71 Pension Plan reported net income rose from -$2M in the plan year 2022 filing to $6M in the plan year 2023 filing.
- Sheet Metal Workers Local Union No 71 Pension Plan end-of-year assets rose from $53M in the plan year 2022 filing to $59M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 166051585 · Board of Trustees Sheet Metal Workers Local No. 71 Pension Plan PY 2023 · Defined Benefit (Pension)
Sheet Metal Workers Local Union No 71 Pension Plan · $59M · 313 · 87th
- EOY $59M
- EOY 313
- EOY 87th
- EOY Defined Benefit (Pension)
- EOY near Covia Holdings Corporation Pension Plan
- EOY ind #7682
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 York →
Sheet Metal Workers Local Union No 71 Pension Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $53M |
|---|---|
| Net Assets (End of Year) | $59M |
| Net Income | $6M |
| Employer EIN | 166051585 |
| Plan Effective Date | 1963-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Sheet Metal Workers Local No. 71 Pension Plan)
Sponsor-wide plan assets over time
All Board of Trustees Sheet Metal Workers Local No. 71 Pension Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $64M 20.469874016736046% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 315 | $53M |
| 2023 | 1 | 313 | $59M |
| 2024 | 1 | 320 | $64M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- IBM Personal Pension Plan $25.0B · 14,881
- Consolidated Edison Retirement Plan $16.2B · 10,779
- 1199seiu Health Care Employees Pension Fund $16.2B · 107,582
- Pfizer Consolidated Pension Plan $11.0B · 9,616
- Pepsico Employees Retirement Plan I $7.6B · 12,289
Sheet Metal Workers Local Union No 71 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Covia Holdings Corporation Pension Plan in OH ($59M); by covered participants it is Roseburg Forest Products Co Retirement Plan in OR (313 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($59M here).
- Covia Holdings Corporation Pension Plan (OH) $59M · 254
- Cumberland, Md & Vicinity Building & Construction Employees Trust Fund (MD) $59M · 218
- M.S.S.a.-I.L.a. Pension Plan (AL) $59M · 320
- The Gonnella Pension Plan (IL) $59M · 71
Similar participant headcount
Nearest other-state filings by covered participants (313 participants); asset peers above are excluded.
- Roseburg Forest Products Co Retirement Plan (OR) 313 · 0 off
- Ardent Mills, LLC Pension Plan for Union Employees (CO) 313 · 0 off
- The Kennedy Krieger Institute Pension Plan (MD) 312 · 1 off
- The Talbots, Inc. Pension Plan (MA) 314 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.