Defined Benefit (Pension) · DOL Form 5500 · 2023

Sheet Metal Workers Local No. 124 Pension Plan Pension Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
321
Participants Below avg headcount
86th
Percentile by assets National rank
$161,936
Avg per participant Above avg balance/head
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Official DOL plan name: Sheet Metal Workers Local No. 124 Pension Plan · Sponsored by Sheet Metal Workers Local No. 124 Pension Plan · Oklahoma · Manufacturing

$52M in assets, 321 participants

Sheet Metal Workers Local No. 124 Pension Plan's Sheet Metal Workers Local No. 124 Pension Plan reported $52M in total assets and 321 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.

  • #14,912 in Manufacturing (18,722 peers)

Coverage in Oklahoma

Sheet Metal Workers Local No. 124 Pension Plan covers 321 participants in Oklahoma, about 42% of the average Oklahoma filer (state average ~760 per filing). Assets: $52M.

#14,912
in Manufacturing (18,722 peers)
+11.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Sheet Metal Workers Local No. 124 Pension Plan's outsized position by total assets

Sheet Metal Workers Local No. 124 Pension Plan vs every filed plan by assets

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

$51,981,382 Top 14% higher than 86% 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 No. 124 Pension 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 No. 124 Pension Plan sits mid-pack in the medium band (321 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal Workers Local No. 124 Pension Plan reported net income rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Sheet Metal Workers Local No. 124 Pension Plan reported participants rose from 279 in the plan year 2022 filing to 321 in the plan year 2023 filing.
  • Sheet Metal Workers Local No. 124 Pension Plan end-of-year assets rose from $47M in the plan year 2022 filing to $52M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 736145795 · Sheet Metal Workers Local No. 124 Pension Plan PY 2023 · Defined Benefit (Pension)

Sheet Metal Workers Local No. 124 Pension Plan · $52M · 321 · 86th

  • PHOTO $52M
  • PHOTO 321
  • PHOTO 86th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Yp Holdings LLC Pension Plan
  • PHOTO ind #14912

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 Oklahoma →

Sheet Metal Workers Local No. 124 Pension Plan in the asset neighbourhood

Chenango Memorial Hospital Employees' Pension PlanChenango Memorial Hospital E…$52MSbera Pension Plan as Adopted by Charlesbridge, MhcSbera Pension Plan as Adopte…$52MSheet Metal Workers Local No. 124 Pension PlanSheet Metal Workers Local No…$52MYp Holdings LLC Pension Plan$52MLee County Electric Cooperative, Inc. Retirement PlanLee County Electric Cooperat…$52M
End-of-year total assets ($M) among Sheet Metal Workers Local No. 124 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Oklahoma filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$52M
Net Income$5M
Employer EIN736145795
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local No. 124 Pension Plan)

Sponsor-wide plan assets over time

All Sheet Metal Workers Local No. 124 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$95M 20.18432522908067% vs 2022
2024 filing year
$75M$80M$85M$90M$95M$100M 202220232024 $79.2M $95.1M ▲ +20.2%
Year Plans Participants Total Assets
2022 2 547 $79M
2023 2 599 $87M
2024 2 619 $95M

Nearby Defined Benefit (Pension) Plans in Oklahoma

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

Sheet Metal Workers Local No. 124 Pension Plan vs. nearby Defined Benefit (Pension) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. 01000200030004000 -0.500.511.52 Total assets ($B) Participants Sheet Metal Workers Local No. 124 Pension Plan, Total assets ($B): 0.051981382 · Participants: 321Sheet Metal Workers Local No. 124 Pension PlanPipeline Industry Pension Fund, Total assets ($B): 1.550776271 · Participants: 1904Pipeline Industry Pension FundWilliams Pension Plan, Total assets ($B): 1.33243367 · Participants: 3588Williams Pension PlanOne Gas, Inc. Retirement Plan, Total assets ($B): 0.795535 · Participants: 740One Gas, Inc. Retirement PlanRetirement Plan for Employees of Devon Energy Corporation, Total assets ($B): 0.480356058 · Participants: 171Retirement Plan for Employees of Devon Energy CorporationIntegris Health, Inc. Retirement Plan a, Total assets ($B): 0.422772766 · Participants: 1145Integris Health, Inc. Retirement Plan a
Sheet Metal Workers Local No. 124 Pension Plan vs. nearby Defined Benefit (Pension) plans in Oklahoma, assets vs. participants
Compare Sheet Metal Workers Local No. 124 Pension Plan side-by-side with 3 peers →

Sheet Metal Workers Local No. 124 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Oklahoma, the nearest Defined Benefit (Pension) by assets is Yp Holdings LLC Pension Plan in TX ($52M); by covered participants it is Retirement Plan for Employees of Intermountain Power Service Corporation in UT (321 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (321 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 No. 124 Pension Plan assets move in 2023? ▼
Sheet Metal Workers Local No. 124 Pension Plan grew at a solid clip - up 11.7% during 2023, from $47M to $52M. Reported net income was $5M.
How have Sheet Metal Workers Local No. 124 Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local No. 124 Pension Plan's sponsor-wide assets grew 20.2%, from $79M to $95M.
Where does Sheet Metal Workers Local No. 124 Pension Plan rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local No. 124 Pension Plan ranks in the 86th 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 No. 124 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Yp Holdings LLC Pension Plan in TX ($52M, 104 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local No. 124 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Intermountain Power Service Corporation in UT (321 participants, $315M 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 736145795.

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.