Profit Sharing · DOL Form 5500 · 2023

Sheet Metal Workers Local 46 Annuity Plan Board of Trustees Profit Sharing Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
371
Participants Below avg headcount
84th
Percentile by assets National rank
$117,415
Avg per participant Below avg balance/head
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Official DOL plan name: Sheet Metal Workers Local 46 Annuity Plan · Sponsored by Sheet Metal Workers Local 46 Annuity Plan Board of Trustees · New York · Construction

$44M in assets, 371 participants

Sheet Metal Workers Local 46 Annuity Plan Board of Trustees's Sheet Metal Workers Local 46 Annuity Plan reported $44M in total assets and 371 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,399 in Construction (9,030 peers)

Coverage in New York

Sheet Metal Workers Local 46 Annuity Plan covers 371 participants in New York, about 47% of the average New York filer (state average ~798 per filing). Assets: $44M.

#7,399
in Construction (9,030 peers)
+11.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Sheet Metal Workers Local 46 Annuity Plan's outsized position by total assets

Sheet Metal Workers Local 46 Annuity Plan vs every filed plan by assets

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

$43,561,075 Top 16% higher than 84% 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 46 Annuity 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 46 Annuity Plan sits mid-pack in the medium band (371 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal Workers Local 46 Annuity Plan reported net income rose from $2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Sheet Metal Workers Local 46 Annuity Plan end-of-year assets rose from $39M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • Sheet Metal Workers Local 46 Annuity Plan reported participants fell from 379 in the plan year 2022 filing to 371 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 161168659 · Sheet Metal Workers Local 46 Annuity Plan Board of Trustees PY 2023 · Profit Sharing

Sheet Metal Workers Local 46 Annuity Plan · $44M · 371 · 84th

  • SCH $44M
  • EBSA 371
  • PART 84th
  • TYPE Profit Sharing
  • NET near Tennant Related Companies Profit Sharing Plan and Trust
  • BOOK ind #7399

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 46 Annuity Plan in the asset neighbourhood

Food & Beverage Workers Union Local 23 & Employers Pension PlanFood & Beverage Workers Unio…$44MTennant Related Companies Profit Sharing Plan and TrustTennant Related Companies Pr…$44MSheet Metal Workers Local 46 Annuity PlanSheet Metal Workers Local 46…$44MDismas Charities, Inc. Retirement PlanDismas Charities, Inc. Retir…$43MSection 403(b) Plan of the John D. and Catherine T. Macarthur FoundationSection 403(b) Plan of the J…$43M
End-of-year total assets ($M) among Sheet Metal Workers Local 46 Annuity Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$44M
Net Income$5M
Employer EIN161168659
Plan Effective Date1981-09-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local 46 Annuity Plan Board of Trustees)

Sponsor-wide plan assets over time

All Sheet Metal Workers Local 46 Annuity Plan Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$47M 21.161838700149225% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $39M $47.3M ▲ +21.2%
Year Plans Participants Total Assets
2022 1 379 $39M
2023 1 371 $44M
2024 1 396 $47M

Nearby Profit Sharing Plans in New York

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

Sheet Metal Workers Local 46 Annuity Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Sheet Metal Workers Local 46 Annuity Plan, Total assets ($B): 0.043561075 · Participants: 371Sheet Metal Workers Local 46 Annuity PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Sheet Metal Workers Local 46 Annuity Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Sheet Metal Workers Local 46 Annuity Plan side-by-side with 3 peers →

Sheet Metal Workers Local 46 Annuity Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Tennant Related Companies Profit Sharing Plan and Trust in OR ($44M); by covered participants it is The Lakes Community Health Center, Inc. 403(b) Plan in WI (371 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (371 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 46 Annuity Plan assets move in 2023? ▼
Sheet Metal Workers Local 46 Annuity Plan grew at a solid clip - up 11.6% during 2023, from $39M to $44M. Reported net income was $5M.
How have Sheet Metal Workers Local 46 Annuity Plan Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local 46 Annuity Plan Board of Trustees's sponsor-wide assets grew 21.2%, from $39M to $47M.
Where does Sheet Metal Workers Local 46 Annuity Plan rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local 46 Annuity Plan ranks in the 84th 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 46 Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Tennant Related Companies Profit Sharing Plan and Trust in OR ($44M, 5 participants).
Which Profit Sharing plans cover a similar participant headcount to Sheet Metal Workers Local 46 Annuity Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is The Lakes Community Health Center, Inc. 403(b) Plan in WI (371 participants, $20M 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 161168659.

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.