Defined Benefit (Pension) · DOL Form 5500 · 2023

Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee Pension Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size: 325
Participants Below avg headcount: 85th
Percentile by assets National rank: $143,241
Avg per participant Near avg balance/head

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Official DOL plan name: Toledo Area Sheet Metal Workers Pension Plan and Trust · Sponsored by Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee · Michigan · Construction

$47M in assets, 325 participants

Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee's Toledo Area Sheet Metal Workers Pension Plan and Trust reported $47M in total assets and 325 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

#7,461 in Construction (9,030 peers)

Where Toledo Area Sheet Metal Workers Pension Plan and Trust sits by assets

Toledo Area Sheet Metal Workers Pension Plan and Trust sits in the top quartile of all filed plans by assets, $47M for 325 participants (~$143,241/participant), up 5.8% in 2023.

#7,461
in Construction (9,030 peers): +5.8%
assets growth YoY: 0.5×
vs typical plan assets (national mean)

Toledo Area Sheet Metal Workers Pension Plan and Trust's outsized position by total assets

Toledo Area Sheet Metal Workers Pension Plan and Trust vs every filed plan by assets

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

$46,553,409 Top 15% higher than 85% 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

Toledo Area Sheet Metal Workers Pension Plan and Trust 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. Toledo Area Sheet Metal Workers Pension Plan and Trust sits mid-pack in the medium band (325 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Toledo Area Sheet Metal Workers Pension Plan and Trust reported net income rose from $808K in the plan year 2022 filing to $3M in the plan year 2023 filing.
Toledo Area Sheet Metal Workers Pension Plan and Trust end-of-year assets rose from $44M in the plan year 2022 filing to $47M in the plan year 2023 filing.
Toledo Area Sheet Metal Workers Pension Plan and Trust reported participants rose from 321 in the plan year 2022 filing to 325 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 346682530 · Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee PY 2023 · Defined Benefit (Pension)

Toledo Area Sheet Metal Workers Pension Plan and Trust · $47M · 325 · 85th

BOY $47M
SCH 325
EBSA 85th
PART Defined Benefit (Pension)
TYPE near Pension Program of the Gmp Council of the United Steelworkers Union
NET ind #7461

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 Michigan →

End-of-year total assets ($M) among Toledo Area Sheet Metal Workers Pension Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$44M
Net Assets (End of Year)	$47M
Net Income	$3M
Employer EIN	346682530
Plan Effective Date	1963-05-06
Filing Status	FILING RECEIVED

Sponsor Plan History (Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee)

Latest sponsor-wide plan assets: $49M 12.159502765441957% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	321	$44M
2023	1	325	$47M
2024	1	337	$49M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Toledo Area Sheet Metal Workers Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
Ford Motor Company UAW Retirement Plan $19.3B · 26,442
Ford Motor Company General Retirement Plan $12.7B · 10,215
Dow Employees' Pension Plan $11.5B · 14,051
Fca US LLC UAW Pension Agreement $11.2B · 13,635

Compare Toledo Area Sheet Metal Workers Pension Plan and Trust side-by-side with 3 peers →

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

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Pension Program of the Gmp Council of the United Steelworkers Union in PA ($47M); by covered participants it is Abx Air, Inc. Retirement Income Plan in OH (325 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($47M here).

Pension Program of the Gmp Council of the United Steelworkers Union (PA) $47M · 18
Star Tribune Retirement Plan G (MN) $47M · 115
Foley & Lardner LLP Pension Plan (WI) $47M · 68
The Pension Plan for Employees of Kbc Bank N. V., New York Branch (NY) $47M · 31

Similar participant headcount

Nearest other-state filings by covered participants (325 participants); asset peers above are excluded.

Abx Air, Inc. Retirement Income Plan (OH) 325 · 0 off
Sidley Austin LLP Ret Plan for Secretarial Staff (IL) 325 · 0 off
Jefferson Bancshares, Inc. Seventh Amended and Restated Employees Retirement Plan & Trust (TX) 325 · 0 off
Kaiser Permanente Optometrists Retirement Plan (CA) 325 · 0 off

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 Toledo Area Sheet Metal Workers Pension Plan and Trust assets move in 2023? ▼

Toledo Area Sheet Metal Workers Pension Plan and Trust grew at a solid clip - up 5.8% during 2023, from $44M to $47M. Reported net income was $3M.

How have Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee's sponsor-wide assets grew 12.2%, from $44M to $49M.

Where does Toledo Area Sheet Metal Workers Pension Plan and Trust rank by assets among Form 5500 filers? ▼

Toledo Area Sheet Metal Workers Pension Plan and Trust ranks in the 85th 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 Toledo Area Sheet Metal Workers Pension Plan and Trust? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Program of the Gmp Council of the United Steelworkers Union in PA ($47M, 18 participants).

Which Defined Benefit (Pension) plans cover a similar participant headcount to Toledo Area Sheet Metal Workers Pension Plan and Trust? ▼

Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Abx Air, Inc. Retirement Income Plan in OH (325 participants, $99M 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 346682530.