Money Purchase · DOL Form 5500 · 2023
Sheet Metal Workers Unions Local 24 Money Purchase Plan
Data updated 2026-08-25
- $53M
- Total assets Below avg plan size
- 416
- Participants Below avg headcount
- 86th
- Percentile by assets National rank
- $127,559
- Avg per participant Near avg balance/head
Official DOL plan name: Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust · Sponsored by Sheet Metal Workers Unions Local 24 · Ohio · Construction
$53M in assets, 416 participants
Sheet Metal Workers Unions Local 24's Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust reported $53M in total assets and 416 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.
- #7,581 in Construction (9,030 peers)
Where Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust sits by assets
Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust sits in the top quartile of all filed plans by assets, $53M for 416 participants (~$127,559/participant), up 18.1% in 2023.
- #7,581
- in Construction (9,030 peers)
- +18.1%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust's outsized position by total assets
Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$53,064,375 Top 14% higher than 86% 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 24 Cincinnati Area Retirement Plan and Trust 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 24 Cincinnati Area Retirement Plan and Trust sits mid-pack in the medium band (416 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust reported net income rose from $1M in the plan year 2022 filing to $8M in the plan year 2023 filing.
- Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust end-of-year assets rose from $45M in the plan year 2022 filing to $53M in the plan year 2023 filing.
- Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust reported participants rose from 386 in the plan year 2022 filing to 416 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 311484966 · Sheet Metal Workers Unions Local 24 PY 2023 · Money Purchase
Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust · $53M · 416 · 86th
- EIN $53M
- RANK 416
- PHOTO 86th
- IND Money Purchase
- EOY near Plumbers & Fitters Local No. 110 Annuity Trust Fund
- 5500 ind #7581
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 Ohio →
Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $45M |
|---|---|
| Net Assets (End of Year) | $53M |
| Net Income | $8M |
| Employer EIN | 311484966 |
| Plan Effective Date | 1996-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sheet Metal Workers Unions Local 24)
Sponsor-wide plan assets over time
All Sheet Metal Workers Unions Local 24 plans reported in each filing year
- Latest sponsor-wide plan assets
- $61M 35.12767408911592% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 386 | $45M |
| 2023 | 1 | 416 | $53M |
| 2024 | 1 | 423 | $61M |
Nearby Money Purchase Plans in Ohio
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan $1.6B · 47,282
- The Cleveland Clinic Foundation Cash Balance Plan $1.4B · 4,739
- Iron Workers District Council of So Oh & Vicinity Annuity Trust $476M · 6,936
- Baker & Hostetler LLP Basic/Step-Rate Retirement Plan $473M · 1,004
- University of Dayton Defined Contribution Retirement Plan $348M · 3,080
Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust's out-of-state Money Purchase peers by assets and headcount
Outside Ohio, the nearest Money Purchase by assets is Plumbers & Fitters Local No. 110 Annuity Trust Fund in VA ($53M); by covered participants it is Riverdale Country School Defined Contribution Retirement Plan in NY (415 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($53M here).
Similar participant headcount
Nearest other-state filings by covered participants (416 participants); asset peers above are excluded.
- Riverdale Country School Defined Contribution Retirement Plan (NY) 415 · 1 off
- Roosevelt University 401(a) University Retirement Plan for Faculty and Administrators (IL) 415 · 1 off
- Montana Contractors Assoc, Inc. Money Purchase Retirement Plan & Trust (MT) 418 · 2 off
- Vista Hill Foundation Money Purchase Pension Plan (CA) 419 · 3 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.