401(k) · DOL Form 5500 · 2023

The Trustees of Sheet Metal Workers' Local Union No 80 Annuity 401(k) Plan

Data updated 2026-08-11

$121M
Total assets: 1,712
Participants: 92nd
Percentile by assets: $70,750
Avg per participant

Official DOL plan name: Sheet Metal Workers Local Union No. 80 Annuity Fund · Sponsored by The Trustees of Sheet Metal Workers' Local Union No 80 Annuity · Michigan · Construction

$121M in assets, 1,712 participants

The Trustees of Sheet Metal Workers' Local Union No 80 Annuity's Sheet Metal Workers Local Union No. 80 Annuity Fund reported $121M in total assets and 1,712 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#8,210 in Construction (9,030 peers)

Coverage in Michigan

Sheet Metal Workers Local Union No. 80 Annuity Fund covers 1,712 participants in Michigan, 2.7x the typical Michigan plan (state average ~638 per filing). Assets: $121M.

$121M
total plan assets (2023 EOY): 1,712
covered participants: 92nd
percentile by assets (of 127,072 plans): $70,750
avg assets per participant

Where Sheet Metal Workers Local Union No. 80 Annuity Fund sits by total assets

Sheet Metal Workers Local Union No. 80 Annuity Fund vs every filed plan by assets

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

$121,124,482 Top 8% higher than 92% 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 Union No. 80 Annuity Fund reported net income rose from $630K in the plan year 2022 filing to $16M in the plan year 2023 filing.
Sheet Metal Workers Local Union No. 80 Annuity Fund end-of-year assets rose from $105M in the plan year 2022 filing to $121M in the plan year 2023 filing.
Sheet Metal Workers Local Union No. 80 Annuity Fund reported participants rose from 1,515 in the plan year 2022 filing to 1,712 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Michigan

Industry

Construction

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Sheet Metal Workers Local Union No. 80 Annuity Fund reports 1,712 participants - 2.7x that state average ($121M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$105M
Net Assets (End of Year)	$121M
Net Income	$16M
Employer EIN	382941426
Plan Effective Date	1990-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Trustees of Sheet Metal Workers' Local Union No 80 Annuity)

Total plan assets by year, all The Trustees of Sheet Metal Workers' Local Union No 80 Annuity plans on file

Year	Plans	Participants	Total Assets
2022	1	1,515	$105M
2023	1	1,712	$121M
2024	1	1,656	$130M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local Union No. 80 Annuity Fund vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195

Compare Sheet Metal Workers Local Union No. 80 A… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sheet Metal Workers Local Union No. 80 Annuity Fund by total assets, not by location.

Exyte Americas 401(k) Retirement Savings Plan (TX) $121M · 673
The Children's Place 401(k) Savings Plan (NJ) $121M · 9,807
Providence Anesthesiology Associates, P.a. Profit Sharing 401(k) Plan (NC) $121M · 185
IBEW Local Union No. 520 Annuity Plan (NM) $121M · 3,818

Frequently Asked Questions

How did Sheet Metal Workers Local Union No. 80 Annuity Fund assets move in 2023? ▼

Sheet Metal Workers Local Union No. 80 Annuity Fund grew sharply - up 15.3% during 2023, from $105M to $121M. Reported net income was $16M.

How have The Trustees of Sheet Metal Workers' Local Union No 80 Annuity plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), The Trustees of Sheet Metal Workers' Local Union No 80 Annuity's sponsor-wide assets grew 23.3%, from $105M to $130M.

Where does Sheet Metal Workers Local Union No. 80 Annuity Fund rank by assets among Form 5500 filers? ▼

Sheet Metal Workers Local Union No. 80 Annuity Fund ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Sheet Metal Workers Local Union No. 80 Annuity Fund? ▼

Among 401(k) plans in other states, the closest by assets is Exyte Americas 401(k) Retirement Savings Plan in TX ($121M, 673 participants).

Next read for Sheet Metal Workers Local Union No. 80 A…

Filing takeaways

Ways to act on Sheet Metal Workers Local Union No. 80 Annuity Fund's numbers.

By total assets, Sheet Metal Workers Local Union No. 80 Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
The Trustees of Sheet Metal Workers' Local Union No 80 Annuity's sponsor-wide assets have grown 23.3% since 2022 across 3 plan years on file. More Construction plans

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 382941426.