Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees of the Sheet Metal Workers 73 Pension Fund Pension Plan
Data updated 2026-08-25
- $718M
- Total assets Above avg plan size
- 1,865
- Participants Near avg headcount
- 98th
- Percentile by assets National rank
- $384,756
- Avg per participant High balance/head
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.
- #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.
- #8,863
- in Construction (9,030 peers)
- +9.9%
- assets growth YoY
- 7.2×
- vs typical plan assets (national mean)
Sheet Metal Workers' Local 73 Pension Fund's outsized position 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
Sheet Metal Workers' Local 73 Pension Fund's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers' Local 73 Pension Fund lands in the large band (1,865 participants).
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.
EBSA filing schedule strip
Filing strip 516126221 · Board of Trustees of the Sheet Metal Workers 73 Pension Fund PY 2023 · Defined Benefit (Pension)
Sheet Metal Workers' Local 73 Pension Fund · $718M · 1,865 · 98th
- 5500 $718M
- 5500 1,865
- 5500 98th
- 5500 Defined Benefit (Pension)
- 5500 near Carpenters' Pension Trust Fund - Detroit and Vicinity
- 5500 ind #8863
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 Illinois →
Sheet Metal Workers' Local 73 Pension Fund in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Board of Trustees of the Sheet Metal Workers 73 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $786M 20.324836517123497% vs 2022
- 2024 filing year
| 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.
- 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
Sheet Metal Workers' Local 73 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Carpenters' Pension Trust Fund - Detroit and Vicinity in MI ($719M); by covered participants it is White Castle Pension Plan and Trust in OH (1,867 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($718M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (1,865 participants); asset peers above are excluded.
- White Castle Pension Plan and Trust (OH) 1,867 · 2 off
- Uc Health Retirement Plan (OH) 1,861 · 4 off
- Dtts Pension Plan (NY) 1,872 · 7 off
- Globe Life Inc. Pension Plan (TX) 1,854 · 11 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.