Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund Pension Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
188
Participants Below avg headcount
80th
Percentile by assets National rank
$164,780
Avg per participant Above avg balance/head
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Official DOL plan name: Sheet Metal Workers Local #20 South Bend Area Pension Fund · Sponsored by Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund · Indiana · Manufacturing

$31M in assets, 188 participants

Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund's Sheet Metal Workers Local #20 South Bend Area Pension Fund reported $31M in total assets and 188 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #13,412 in Manufacturing (18,722 peers)

Coverage in Indiana

Sheet Metal Workers Local #20 South Bend Area Pension Fund covers 188 participants in Indiana, about 35% of the average Indiana filer (state average ~541 per filing). Assets: $31M.

#13,412
in Manufacturing (18,722 peers)
+11.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sheet Metal Workers Local #20 South Bend Area Pension Fund's outsized position by total assets

Sheet Metal Workers Local #20 South Bend Area Pension Fund vs every filed plan by assets

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

$30,978,589 Top 20% higher than 80% 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 #20 South Bend Area Pension 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 #20 South Bend Area Pension Fund sits mid-pack in the medium band (188 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal Workers Local #20 South Bend Area Pension Fund reported net income rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sheet Metal Workers Local #20 South Bend Area Pension Fund end-of-year assets rose from $28M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Sheet Metal Workers Local #20 South Bend Area Pension Fund reported participants rose from 179 in the plan year 2022 filing to 188 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 356054275 · Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund PY 2023 · Defined Benefit (Pension)

Sheet Metal Workers Local #20 South Bend Area Pension Fund · $31M · 188 · 80th

  • RANK $31M
  • PHOTO 188
  • IND 80th
  • EOY Defined Benefit (Pension)
  • 5500 near Defined Benefit Pension Plan of Covenant House, Inc.
  • ASSETS ind #13412

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 Manufacturing retirement plans → · Plans in Indiana →

Sheet Metal Workers Local #20 South Bend Area Pension Fund in the asset neighbourhood

Employees' Retirement Plan of Hartley & Parker Limited, Inc.Employees' Retirement Plan o…$31MPhibro Animal Health Corporation Pension PlanPhibro Animal Health Corpora…$31MCommunity Credit Union of Florida Defined Benefit Plan and TrustCommunity Credit Union of Fl…$31MSheet Metal Workers Local #20 South Bend Area Pension FundSheet Metal Workers Local #2…$31MDefined Benefit Pension Plan of Covenant House, Inc.Defined Benefit Pension Plan…$31M
End-of-year total assets ($M) among Sheet Metal Workers Local #20 South Bend Area Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$31M
Net Income$3M
Employer EIN356054275
Plan Effective Date1962-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund)

Sponsor-wide plan assets over time

All Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$36M 29.783451585443427% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.8M $36M ▲ +29.8%
Year Plans Participants Total Assets
2022 1 179 $28M
2023 1 188 $31M
2024 1 198 $36M

Nearby Defined Benefit (Pension) Plans in Indiana

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

Sheet Metal Workers Local #20 South Bend Area Pension Fund vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -5051015 Total assets ($B) Participants Sheet Metal Workers Local #20 South Bend Area Pension Fund, Total assets ($B): 0.030978589 · Participants: 188Sheet Metal Workers Local #20 South Bend Area Pension FundThe Lilly Retirement Plan, Total assets ($B): 11.68755379 · Participants: 19111The Lilly Retirement PlanCummins Pension Plan, Total assets ($B): 3.321162584 · Participants: 26560Cummins Pension PlanIndiana Laborers Pension Fund, Total assets ($B): 1.654720253 · Participants: 10800Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.277905032 · Participants: 8197Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.063713087 · Participants: 2174Nisource Pension Plan
Sheet Metal Workers Local #20 South Bend Area Pension Fund vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
Compare Sheet Metal Workers Local #20 South Bend Area Pension Fund side-by-side with 3 peers →

Sheet Metal Workers Local #20 South Bend Area Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Indiana, the nearest Defined Benefit (Pension) by assets is Defined Benefit Pension Plan of Covenant House, Inc. in NY ($31M); by covered participants it is Local 464a Finast Full Time Employees Pension Plan in NJ (188 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (188 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 #20 South Bend Area Pension Fund assets move in 2023? ▼
Sheet Metal Workers Local #20 South Bend Area Pension Fund grew at a solid clip - up 11.6% during 2023, from $28M to $31M. Reported net income was $3M.
How have Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund's sponsor-wide assets grew 29.8%, from $28M to $36M.
Where does Sheet Metal Workers Local #20 South Bend Area Pension Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local #20 South Bend Area Pension Fund ranks in the 80th 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 Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local #20 South Bend Area Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Defined Benefit Pension Plan of Covenant House, Inc. in NY ($31M, 99 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local #20 South Bend Area Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Local 464a Finast Full Time Employees Pension Plan in NJ (188 participants, $10M 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 356054275.

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.