Defined Benefit (Pension) · DOL Form 5500 · 2023

Sheet Metal Workers Pension Fund 46 Pension Plan

Data updated 2026-08-25

$104M
Total assets Near avg plan size
355
Participants Below avg headcount
92nd
Percentile by assets National rank
$293,510
Avg per participant High balance/head
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Official DOL plan name: Sheet Metal Workers' Local 46 Pension Fund · Sponsored by Sheet Metal Workers Pension Fund 46 · New York · Construction

$104M in assets, 355 participants

Sheet Metal Workers Pension Fund 46's Sheet Metal Workers' Local 46 Pension Fund reported $104M in total assets and 355 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,117 in Construction (9,030 peers)

Coverage in New York

Sheet Metal Workers' Local 46 Pension Fund covers 355 participants in New York, about 44% of the average New York filer (state average ~798 per filing). Assets: $104M.

#8,117
in Construction (9,030 peers)
+4.4%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Sheet Metal Workers' Local 46 Pension Fund's outsized position by total assets

Sheet Metal Workers' Local 46 Pension Fund vs every filed plan by assets

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

$104,195,990 Top 8% higher than 92% 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 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 46 Pension Fund sits mid-pack in the medium band (355 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal Workers' Local 46 Pension Fund reported net income rose from $1M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Sheet Metal Workers' Local 46 Pension Fund reported participants rose from 305 in the plan year 2022 filing to 355 in the plan year 2023 filing.
  • Sheet Metal Workers' Local 46 Pension Fund end-of-year assets rose from $100M in the plan year 2022 filing to $104M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 516123374 · Sheet Metal Workers Pension Fund 46 PY 2023 · Defined Benefit (Pension)

Sheet Metal Workers' Local 46 Pension Fund · $104M · 355 · 92nd

  • EIN $104M
  • EIN 355
  • EIN 92nd
  • EIN Defined Benefit (Pension)
  • EIN near Alon USA Pension Plan
  • EIN ind #8117

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 Pension Fund in the asset neighbourhood

Southern California Floor Covering Pension Trust FundSouthern California Floor Co…$104MAlon USA Pension Plan$104MSheet Metal Workers' Local 46 Pension FundSheet Metal Workers' Local 4…$104MSoft Drink Industry Pension FundSoft Drink Industry Pension …$104MMtd Products Inc Pension Plan$104M
End-of-year total assets ($M) among Sheet Metal Workers' Local 46 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$100M
Net Assets (End of Year)$104M
Net Income$4M
Employer EIN516123374
Plan Effective Date1961-10-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Pension Fund 46)

Sponsor-wide plan assets over time

All Sheet Metal Workers Pension Fund 46 plans reported in each filing year

Latest sponsor-wide plan assets
$109M 8.999042410355184% vs 2022
2024 filing year
$95M$100M$105M$110M 202220232024 $99.8M $109M ▲ +9.0%
Year Plans Participants Total Assets
2022 1 305 $100M
2023 1 355 $104M
2024 1 362 $109M

Nearby Defined Benefit (Pension) Plans in New York

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

Sheet Metal Workers' Local 46 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Sheet Metal Workers' Local 46 Pension Fund, Total assets ($B): 0.10419599 · Participants: 355Sheet Metal Workers' Local 46 Pension FundIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Sheet Metal Workers' Local 46 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Sheet Metal Workers' Local 46 Pension Fund side-by-side with 3 peers →

Sheet Metal Workers' Local 46 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Alon USA Pension Plan in TN ($104M); by covered participants it is Greater Lafayette Health Services, Inc. Pension Security Plan in IN (355 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($104M here).

Similar participant headcount

Nearest other-state filings by covered participants (355 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 Pension Fund assets move in 2023? ▼
Sheet Metal Workers' Local 46 Pension Fund edged up modestly - up 4.4% during 2023, from $100M to $104M. Reported net income was $4M.
How have Sheet Metal Workers Pension Fund 46 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sheet Metal Workers Pension Fund 46's sponsor-wide assets grew 9.0%, from $100M to $109M.
Where does Sheet Metal Workers' Local 46 Pension Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers' Local 46 Pension Fund ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers' Local 46 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Alon USA Pension Plan in TN ($104M, 156 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers' Local 46 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Greater Lafayette Health Services, Inc. Pension Security Plan in IN (355 participants, $32M 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 516123374.

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.