Defined Benefit (Pension) · DOL Form 5500 · 2024
Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund Pension Plan
Data updated 2026-08-25
- $113M
- Total assets Near avg plan size
- 499
- Participants Below avg headcount
- 91st
- Percentile by assets National rank
- $225,616
- Avg per participant Above avg balance/head
Official DOL plan name: Sheet Metal Workers Local No.20 Gary Area Pension · Sponsored by Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund · Michigan · Construction
$113M in assets, 499 participants
Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund's Sheet Metal Workers Local No.20 Gary Area Pension reported $113M in total assets and 499 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- #8,111 in Construction (9,039 peers)
Where Sheet Metal Workers Local No.20 Gary Area Pension sits by assets
Sheet Metal Workers Local No.20 Gary Area Pension sits in the top 10% of all filed plans by assets, $113M for 499 participants (~$225,616/participant), up 11.4% in 2024.
- #8,111
- in Construction (9,039 peers)
- +11.4%
- assets growth YoY
- 1.1×
- vs typical plan assets (national mean)
Sheet Metal Workers Local No.20 Gary Area Pension's outsized position by total assets
Sheet Metal Workers Local No.20 Gary Area Pension vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$112,582,229 Top 9% higher than 91% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Sheet Metal Workers Local No.20 Gary Area Pension among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers Local No.20 Gary Area Pension sits mid-pack in the medium band (499 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers Local No.20 Gary Area Pension end-of-year assets rose from $101M in the plan year 2023 filing to $113M in the plan year 2024 filing.
- Sheet Metal Workers Local No.20 Gary Area Pension reported participants rose from 476 in the plan year 2023 filing to 499 in the plan year 2024 filing.
- Sheet Metal Workers Local No.20 Gary Area Pension reported net income rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 356057213 · Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund PY 2024 · Defined Benefit (Pension)
Sheet Metal Workers Local No.20 Gary Area Pension · $113M · 499 · 91st
- PCT $113M
- PCT 499
- PCT 91st
- PCT Defined Benefit (Pension)
- PCT near Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan
- PCT ind #8111
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 →
Sheet Metal Workers Local No.20 Gary Area Pension in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $101M |
|---|---|
| Net Assets (End of Year) | $112M |
| Net Income | $12M |
| Employer EIN | 356057213 |
| Plan Effective Date | 1963-12-23 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund)
Sponsor-wide plan assets over time
All Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $113M 25.77930427993204% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 453 | $90M |
| 2023 | 1 | 476 | $101M |
| 2024 | 1 | 499 | $113M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
- Ford Motor Company UAW Retirement Plan $17.8B · 25,742
- Ford Motor Company General Retirement Plan $12.1B · 8,585
- Dow Employees' Pension Plan $10.9B · 6,888
- Fca US LLC UAW Pension Agreement $10.3B · 12,752
Sheet Metal Workers Local No.20 Gary Area Pension's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan in RI ($113M); by covered participants it is Mativ Holdings, Inc. Pension Plan in GA (500 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($113M here).
- Textron Automotive Functional Components Cwc Division, a Division of Textron Inc. Hourly-Rated Employees' Pension Plan (RI) $113M · 88
- Middle River Aerostructure Systems Salaried Pension Plan (MD) $113M · 95
- Revvity, Inc. Employees Retirement Plan (MA) $112M · 33
- American Savings Bank Retirement Plan (HI) $113M · 231
Similar participant headcount
Nearest other-state filings by covered participants (499 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.