Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees of the Sheet Metal Workers 73 Pension Fund Pension Plan
Data updated 2026-08-11
- $718M
- Total assets
- 1,865
- Participants
- 98th
- Percentile by assets
- $384,756
- Avg per participant
Official DOL plan name: Sheet Metal Workers' Local 73 Pension Fund · Sponsored by Board of Trustees of the Sheet Metal Workers 73 Pension Fund · Illinois · Construction
$718M in assets, 1,865 participants
Board of Trustees of the Sheet Metal Workers 73 Pension Fund's Sheet Metal Workers' Local 73 Pension Fund reported $718M in total assets and 1,865 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #8,863 in Construction (9,030 peers)
Coverage in Illinois
Sheet Metal Workers' Local 73 Pension Fund covers 1,865 participants in Illinois, 2.4x the typical Illinois plan (state average ~779 per filing). Assets: $718M.
- $718M
- total plan assets (2023 EOY)
- 1,865
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $384,756
- avg assets per participant
Where Sheet Metal Workers' Local 73 Pension Fund sits by total assets
Sheet Metal Workers' Local 73 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$717,569,855 Top 2% higher than 98% 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
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers' Local 73 Pension Fund reported net income rose from $29M in the plan year 2022 filing to $64M in the plan year 2023 filing.
- Sheet Metal Workers' Local 73 Pension Fund end-of-year assets rose from $653M in the plan year 2022 filing to $718M in the plan year 2023 filing.
- Sheet Metal Workers' Local 73 Pension Fund reported participants fell from 1,887 in the plan year 2022 filing to 1,865 in the plan year 2023 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Sheet Metal Workers' Local 73 Pension Fund reports 1,865 participants - 2.4x that state average ($718M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $653M |
|---|---|
| Net Assets (End of Year) | $716M |
| Net Income | $64M |
| Employer EIN | 516126221 |
| Plan Effective Date | 1953-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Sheet Metal Workers 73 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,887 | $653M |
| 2023 | 1 | 1,865 | $718M |
| 2024 | 1 | 1,914 | $786M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers' Local 73 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
- Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
- State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
- John Deere Pension Plan for Salaried Employees $8.0B · 16,346
- Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Sheet Metal Workers' Local 73 Pension Fund by total assets, not by location.
- Carpenters' Pension Trust Fund - Detroit and Vicinity (MI) $719M · 4,836
- Regions Financial Corporation Retirement Plan for Associates (AL) $716M · 2,395
- Wec Energy Group Retirement Plan for Wisconsin Public Service Corporation (WI) $720M · 569
- 2019 Bmw Pension Plan (NJ) $721M · 1,442
Frequently Asked Questions
How did Sheet Metal Workers' Local 73 Pension Fund assets move in 2023? ▼
How have Board of Trustees of the Sheet Metal Workers 73 Pension Fund plan assets changed over time? ▼
Where does Sheet Metal Workers' Local 73 Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers' Local 73 Pension Fund? ▼
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Filing takeaways
Ways to act on Sheet Metal Workers' Local 73 Pension Fund's numbers.
- By total assets, Sheet Metal Workers' Local 73 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
- Board of Trustees of the Sheet Metal Workers 73 Pension Fund's sponsor-wide assets have grown 20.3% since 2022 across 3 plan years on file. More Construction plans