Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Sheet Metal Workers Local 112 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
292
Participants Below avg headcount
78th
Percentile by assets National rank
$96,491
Avg per participant Below avg balance/head
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Official DOL plan name: Sheet Metal Workers Local 112 Annuity Fund · Sponsored by Board of Trustees Sheet Metal Workers Local 112 Annuity Fund · New York · Manufacturing

$28M in assets, 292 participants

Board of Trustees Sheet Metal Workers Local 112 Annuity Fund's Sheet Metal Workers Local 112 Annuity Fund reported $28M in total assets and 292 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #13,091 in Manufacturing (18,722 peers)

Coverage in New York

Sheet Metal Workers Local 112 Annuity Fund covers 292 participants in New York, about 37% of the average New York filer (state average ~798 per filing). Assets: $28M.

#13,091
in Manufacturing (18,722 peers)
+14.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sheet Metal Workers Local 112 Annuity Fund's outsized position by total assets

Sheet Metal Workers Local 112 Annuity Fund vs every filed plan by assets

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

$28,175,282 Top 22% higher than 78% 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 112 Annuity Fund 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 112 Annuity Fund sits mid-pack in the medium band (292 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal Workers Local 112 Annuity Fund reported net income rose from $868K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Sheet Metal Workers Local 112 Annuity Fund end-of-year assets rose from $25M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Sheet Metal Workers Local 112 Annuity Fund reported participants fell from 308 in the plan year 2022 filing to 292 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 161350306 · Board of Trustees Sheet Metal Workers Local 112 Annuity Fund PY 2023 · Profit Sharing

Sheet Metal Workers Local 112 Annuity Fund · $28M · 292 · 78th

  • PART $28M
  • PART 292
  • PART 78th
  • PART Profit Sharing
  • PART near Hyspan Precision Products, Inc. Profit Sharing Plan
  • PART ind #13091

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 Manufacturing retirement plans → · Plans in New York →

Sheet Metal Workers Local 112 Annuity Fund in the asset neighbourhood

I.B.E.W. Local 246 Retirement PlanI.B.E.W. Local 246 Retiremen…$28MMarine Equipment & Supply Company Profit Sharing PlanMarine Equipment & Supply Co…$28MSheet Metal Workers Local 112 Annuity FundSheet Metal Workers Local 11…$28MHyspan Precision Products, Inc. Profit Sharing PlanHyspan Precision Products, I…$28MEmployee Benefits Plan of International Medical CorpsEmployee Benefits Plan of In…$28M
End-of-year total assets ($M) among Sheet Metal Workers Local 112 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$28M
Net Income$4M
Employer EIN161350306
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Sheet Metal Workers Local 112 Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees Sheet Metal Workers Local 112 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$28M 14.476484266720755% vs 2022
2023 filing year
$24M$26M$28M$30M 20222023 $24.6M $28.2M ▲ +14.5%
Year Plans Participants Total Assets
2022 1 308 $25M
2023 1 292 $28M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local 112 Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Sheet Metal Workers Local 112 Annuity Fund, Total assets ($B): 0.028175282 · Participants: 292Sheet Metal Workers Local 112 Annuity FundAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Sheet Metal Workers Local 112 Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Sheet Metal Workers Local 112 Annuity Fund side-by-side with 3 peers →

Sheet Metal Workers Local 112 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Hyspan Precision Products, Inc. Profit Sharing Plan in CA ($28M); by covered participants it is Pioneer Apco LLC 401(k) Plan in NC (292 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (292 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 112 Annuity Fund assets move in 2023? ▼
Sheet Metal Workers Local 112 Annuity Fund grew at a solid clip - up 14.5% during 2023, from $25M to $28M. Reported net income was $4M.
How have Board of Trustees Sheet Metal Workers Local 112 Annuity Fund plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Board of Trustees Sheet Metal Workers Local 112 Annuity Fund's sponsor-wide assets grew 14.5%, from $25M to $28M.
Where does Sheet Metal Workers Local 112 Annuity Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local 112 Annuity Fund ranks in the 78th 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 Profit Sharing plans are similar in size to Sheet Metal Workers Local 112 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Hyspan Precision Products, Inc. Profit Sharing Plan in CA ($28M, 460 participants).
Which Profit Sharing plans cover a similar participant headcount to Sheet Metal Workers Local 112 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Pioneer Apco LLC 401(k) Plan in NC (292 participants, $5M 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 161350306.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.