Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund Pension Plan

Data updated 2026-08-25

$393M
Total assets Above avg plan size
1,202
Participants Near avg headcount
97th
Percentile by assets National rank
$327,051
Avg per participant High balance/head
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Official DOL plan name: Sheet Metal Workers Local Union No. 80 Pension Fund · Sponsored by Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund · Michigan · Construction

$393M in assets, 1,202 participants

Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund's Sheet Metal Workers Local Union No. 80 Pension Fund reported $393M in total assets and 1,202 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,702 in Construction (9,030 peers)

Where Sheet Metal Workers Local Union No. 80 Pension Fund sits by assets

Sheet Metal Workers Local Union No. 80 Pension Fund sits in the top 5% of all filed plans by assets, $393M for 1,202 participants (~$327,051/participant), up 13.7% in 2023.

#8,702
in Construction (9,030 peers)
+13.7%
assets growth YoY
3.9×
vs typical plan assets (national mean)

Sheet Metal Workers Local Union No. 80 Pension Fund's outsized position by total assets

Sheet Metal Workers Local Union No. 80 Pension Fund vs every filed plan by assets

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

$393,114,711 Top 3% higher than 97% 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 Union No. 80 Pension Fund'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 Union No. 80 Pension Fund lands in the large band (1,202 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal Workers Local Union No. 80 Pension Fund reported net income rose from -$6M in the plan year 2022 filing to $47M in the plan year 2023 filing.
  • Sheet Metal Workers Local Union No. 80 Pension Fund end-of-year assets rose from $346M in the plan year 2022 filing to $393M in the plan year 2023 filing.
  • Sheet Metal Workers Local Union No. 80 Pension Fund reported participants fell from 1,221 in the plan year 2022 filing to 1,202 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 386105633 · Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund PY 2023 · Defined Benefit (Pension)

Sheet Metal Workers Local Union No. 80 Pension Fund · $393M · 1,202 · 97th

  • ASSETS $393M
  • PCT 1,202
  • EIN 97th
  • RANK Defined Benefit (Pension)
  • PHOTO near Liberty Utilities Defined Benefit Pension Plan
  • IND ind #8702

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 Michigan →

Sheet Metal Workers Local Union No. 80 Pension Fund in the asset neighbourhood

Syngenta Corporation Pension PlanSyngenta Corporation Pension…$393MSheet Metal Workers Local Union No. 80 Pension FundSheet Metal Workers Local Un…$393MLiberty Utilities Defined Benefit Pension PlanLiberty Utilities Defined Be…$393MDover Corporation Pension PlanDover Corporation Pension Pl…$393MHawaii Laborers' Pension Trust FundHawaii Laborers' Pension Tru…$392M
End-of-year total assets ($M) among Sheet Metal Workers Local Union No. 80 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$346M
Net Assets (End of Year)$392M
Net Income$47M
Employer EIN386105633
Plan Effective Date1968-08-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$422M 21.93534977535414% vs 2022
2024 filing year
$300M$350M$400M$450M 202220232024 $346M $422M ▲ +21.9%
Year Plans Participants Total Assets
2022 1 1,221 $346M
2023 1 1,202 $393M
2024 1 1,303 $422M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Sheet Metal Workers Local Union No. 80 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Sheet Metal Workers Local Union No. 80 Pension Fund, Total assets ($B): 0.393114711 · Participants: 1202Sheet Metal Workers Local Union No. 80 Pension FundGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Sheet Metal Workers Local Union No. 80 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Sheet Metal Workers Local Union No. 80 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Liberty Utilities Defined Benefit Pension Plan in AZ ($393M); by covered participants it is Columbia Energy Group Pension Plan in IN (1,202 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($393M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,202 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 Sheet Metal Workers Local Union No. 80 Pension Fund assets move in 2023?
Sheet Metal Workers Local Union No. 80 Pension Fund grew at a solid clip - up 13.7% during 2023, from $346M to $393M. Reported net income was $47M.
How have Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund's sponsor-wide assets grew 21.9%, from $346M to $422M.
Where does Sheet Metal Workers Local Union No. 80 Pension Fund rank by assets among Form 5500 filers?
Sheet Metal Workers Local Union No. 80 Pension Fund ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local Union No. 80 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Liberty Utilities Defined Benefit Pension Plan in AZ ($393M, 618 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local Union No. 80 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Columbia Energy Group Pension Plan in IN (1,202 participants, $364M in assets).