Profit Sharing · DOL Form 5500 · 2023
Trustees of the Smw Local 218(d) Defined Contribution Plan Profit Sharing Plan
Data updated 2026-08-11
- $15M
- Total assets
- 125
- Participants
- 67th
- Percentile by assets
- $120,204
- Avg per participant
Official DOL plan name: Sheet Metal Workers Local 218(d) Defined Contribution Plan · Sponsored by Trustees of the Smw Local 218(d) Defined Contribution Plan · Indiana · Construction
$15M in assets, 125 participants
Trustees of the Smw Local 218(d) Defined Contribution Plan's Sheet Metal Workers Local 218(d) Defined Contribution Plan reported $15M in total assets and 125 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.
- 67th percentile by assets (of 127,072 plans)
- #5,953 in Construction (9,030 peers)
Coverage in Indiana
Sheet Metal Workers Local 218(d) Defined Contribution Plan covers 125 participants in Indiana, about 23% of the average Indiana filer (state average ~541 per filing). Assets: $15M.
- $15M
- total plan assets (2023 EOY)
- 125
- covered participants
- 67th
- percentile by assets (of 127,072 plans)
- $120,204
- avg assets per participant
The plan reported a net loss of $987K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers Local 218(d) Defined Contribution Plan reported net income fell from $922K in the plan year 2022 filing to -$987K in the plan year 2023 filing.
- Sheet Metal Workers Local 218(d) Defined Contribution Plan reported participants rose from 117 in the plan year 2022 filing to 125 in the plan year 2023 filing.
- Sheet Metal Workers Local 218(d) Defined Contribution Plan end-of-year assets fell from $16M in the plan year 2022 filing to $15M in the plan year 2023 filing.
Participants vs Indiana filers
In Indiana, the average filing covers about 541 participants across 2,302 plans. Sheet Metal Workers Local 218(d) Defined Contribution Plan reports 125 participants - about 23% of that state average ($15M EOY assets).
Indiana filing particulars
| Total Assets (Beginning of Year) | $16M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | -$987K |
| Employer EIN | 364048417 |
| Plan Effective Date | 1995-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the Smw Local 218(d) Defined Contribution Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 117 | $16M |
| 2023 | 1 | 125 | $15M |
| 2024 | 1 | 116 | $15M |
Nearby Profit Sharing Plans in Indiana
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers Local 218(d) Defined Contribution Plan vs. nearby Profit Sharing plans in Indiana, assets vs. participants
- University of Notre Dame 403(b) Retirement Plan $2.4B · 9,969
- Indiana State Council of Plasterers & Cement Mason Pension Fund $321M · 1,127
- I.B.E.W. Local Union 481 Defined Contribution Plan $268M · 2,820
- Cfni Retirement Plan $206M · 6,110
- Do It Best Corp. Restated Employees' Savings & Profit Sharing Plan $177M · 1,818
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sheet Metal Workers Local 218(d) Defined Contribution Plan by total assets, not by location.
- Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund (NJ) $15M · 236
- The Mcconnell Foundation Profit Sharing Plan (CA) $15M · 30
- Intl. Brotherhood of Electrical Workers Local Union No. 1919 Annuity Fund (NJ) $15M · 739
- Jetblue Airways Corporation Deferred Savings Plan for Puerto Rico Crewmembers (NY) $15M · 507
Frequently Asked Questions
How did Sheet Metal Workers Local 218(d) Defined Contribution Plan assets move in 2023? ▼
How have Trustees of the Smw Local 218(d) Defined Contribution Plan plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local 218(d) Defined Contribution Plan? ▼
Next read for Sheet Metal Workers Local 218(d) Defined…
Filing takeaways
Ways to act on Sheet Metal Workers Local 218(d) Defined Contribution Plan's numbers.
- By total assets, Sheet Metal Workers Local 218(d) Defined Contribution Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Indiana. Compare plans
- Trustees of the Smw Local 218(d) Defined Contribution Plan's sponsor-wide assets have declined 4.4% since 2022 across 3 plan years on file. More Construction plans