Profit Sharing · DOL Form 5500 · 2023

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

Data updated 2026-08-11

$28M
Total assets: 292
Participants: 78th
Percentile by assets: $96,491
Avg per participant

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.

78th percentile by assets (of 127,072 plans)
#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.

$28M
total plan assets (2023 EOY): 292
covered participants: 78th
percentile by assets (of 127,072 plans): $96,491
avg assets per participant

Where Sheet Metal Workers Local 112 Annuity Fund sits 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

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 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 →

State

New York

Industry

Manufacturing

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Sheet Metal Workers Local 112 Annuity Fund reports 292 participants - about 37% of that state average ($28M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$25M
Net Assets (End of Year)	$28M
Net Income	$4M
Employer EIN	161350306
Plan Effective Date	1989-05-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Board of Trustees Sheet Metal Workers Local 112 Annuity Fund plans on file

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

Annuity Plan of the Electrical Industry $2.2B · 18,907
Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.9B · 3,402
Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.7B · 5,807
The Research Foundation for Suny Retirement Plan $1.2B · 10,120
Mason Tenders District Council Annuity Fund $913M · 11,237

Compare Sheet Metal Workers Local 112 Annuity Fu… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Sheet Metal Workers Local 112 Annuity Fund by total assets, not by location.

Hyspan Precision Products, Inc. Profit Sharing Plan (CA) $28M · 460
Marine Equipment & Supply Company Profit Sharing Plan (NJ) $28M · 100
Employee Benefits Plan of International Medical Corps (CA) $28M · 172
I.B.E.W. Local 246 Retirement Plan (OH) $28M · 652

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).

Next read for Sheet Metal Workers Local 112 Annuity Fu…

Filing takeaways

Ways to act on Sheet Metal Workers Local 112 Annuity Fund's numbers.

By total assets, Sheet Metal Workers Local 112 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
Board of Trustees Sheet Metal Workers Local 112 Annuity Fund's sponsor-wide assets have grown 14.5% since 2022 across 2 plan years on file. More Manufacturing 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 161350306.