Defined Benefit (Pension) · DOL Form 5500 · 2023

Sheet Metal Workers Local 218(s) Pension Fund Pension Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
138
Participants Small participant base
87th
Percentile by assets National rank
$409,810
Avg per participant High balance/head
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Official DOL plan name: Sheet Metal Workers Local 218(s) Pension Plan · Sponsored by Sheet Metal Workers Local 218(s) Pension Fund · Kansas · Construction

$57M in assets, 138 participants

Sheet Metal Workers Local 218(s) Pension Fund's Sheet Metal Workers Local 218(s) Pension Plan reported $57M in total assets and 138 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,646 in Construction (9,030 peers)

Coverage in Kansas

Sheet Metal Workers Local 218(s) Pension Plan covers 138 participants in Kansas, about 38% of the average Kansas filer (state average ~360 per filing). Assets: $57M.

#7,646
in Construction (9,030 peers)
+8.9%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Sheet Metal Workers Local 218(s) Pension Plan's outsized position by total assets

Sheet Metal Workers Local 218(s) Pension Plan vs every filed plan by assets

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

$56,553,783 Top 13% higher than 87% 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 218(s) 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 218(s) Pension Plan sits mid-pack in the medium band (138 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal Workers Local 218(s) Pension 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 218(s) Pension Plan end-of-year assets rose from $52M in the plan year 2022 filing to $57M in the plan year 2023 filing.
  • Sheet Metal Workers Local 218(s) Pension Plan reported participants rose from 132 in the plan year 2022 filing to 138 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 370843480 · Sheet Metal Workers Local 218(s) Pension Fund PY 2023 · Defined Benefit (Pension)

Sheet Metal Workers Local 218(s) Pension Plan · $57M · 138 · 87th

  • EIN $57M
  • RANK 138
  • PHOTO 87th
  • IND Defined Benefit (Pension)
  • EOY near Marine Carpenters Pension Fund
  • 5500 ind #7646

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 Kansas →

Sheet Metal Workers Local 218(s) Pension Plan in the asset neighbourhood

Susquehanna Laborers Combined Pension FundSusquehanna Laborers Combine…$57MPension Plan for Eligible Employees of Suburban Propane L.P. and SubsidiariesPension Plan for Eligible Em…$57MSheet Metal Workers Local 218(s) Pension PlanSheet Metal Workers Local 21…$57MMarine Carpenters Pension FundMarine Carpenters Pension Fu…$57MVelcro Pension Plan$56M
End-of-year total assets ($M) among Sheet Metal Workers Local 218(s) Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Kansas filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$56M
Net Income$5M
Employer EIN370843480
Plan Effective Date1963-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local 218(s) Pension Fund)

Sponsor-wide plan assets over time

All Sheet Metal Workers Local 218(s) Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$61M 17.939737775739534% vs 2022
2024 filing year
$50M$55M$60M$65M 202220232024 $51.9M $61.3M ▲ +17.9%
Year Plans Participants Total Assets
2022 1 132 $52M
2023 1 138 $57M
2024 1 130 $61M

Nearby Defined Benefit (Pension) Plans in Kansas

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

Sheet Metal Workers Local 218(s) Pension Plan vs. nearby Defined Benefit (Pension) plans in Kansas, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.52 Total assets ($B) Participants Sheet Metal Workers Local 218(s) Pension Plan, Total assets ($B): 0.056553783 · Participants: 138Sheet Metal Workers Local 218(s) Pension PlanKoch Employees' Pension Plan, Total assets ($B): 1.477041162 · Participants: 5542Koch Employees' Pension PlanSprint Retirement Pension Plan, Total assets ($B): 1.270759544 · Participants: 3592Sprint Retirement Pension PlanInvista Pension Plan for Certain Grandfathered Employees, Total assets ($B): 0.394870358 · Participants: 0Invista Pension Plan for Certain Grandfathered EmployeesNon-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Kansas, Inc., Total assets ($B): 0.287846688 · Participants: 502Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Kansas, Inc.Roadway LLC Pension Plan, Total assets ($B): 0.192952558 · Participants: 290Roadway LLC Pension Plan
Sheet Metal Workers Local 218(s) Pension Plan vs. nearby Defined Benefit (Pension) plans in Kansas, assets vs. participants

Sheet Metal Workers Local 218(s) Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Kansas, the nearest Defined Benefit (Pension) by assets is Marine Carpenters Pension Fund in CA ($57M); by covered participants it is First Merchants Corporation Retirement Pension Plan in IN (138 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (138 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 218(s) Pension Plan assets move in 2023?
Sheet Metal Workers Local 218(s) Pension Plan grew at a solid clip - up 8.9% during 2023, from $52M to $57M. Reported net income was $5M.
How have Sheet Metal Workers Local 218(s) Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local 218(s) Pension Fund's sponsor-wide assets grew 17.9%, from $52M to $61M.
Where does Sheet Metal Workers Local 218(s) Pension Plan rank by assets among Form 5500 filers?
Sheet Metal Workers Local 218(s) Pension Plan ranks in the 87th 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 218(s) Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Marine Carpenters Pension Fund in CA ($57M, 160 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local 218(s) Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is First Merchants Corporation Retirement Pension Plan in IN (138 participants, $82M in assets).