Profit Sharing · DOL Form 5500 · 2024

Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund Profit Sharing Plan

Data updated 2026-07-24

$112M
Total assets: 973
Participants: 91st
Percentile by assets: $115,329
Avg per participant

Official DOL plan name: Sheet Metal Workers Local Union No. 12 Annuity Fund · Sponsored by Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund · Pennsylvania · Construction

$112M in assets, 973 participants

Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund's Sheet Metal Workers Local Union No. 12 Annuity Fund reported $112M in total assets and 973 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.

91st percentile by assets (of 116,472 plans)

Where Sheet Metal Workers Local Union No. 12 Annuity Fund sits by assets

Sheet Metal Workers Local Union No. 12 Annuity Fund sits in the top 10% of all filed plans by assets, $112M for 973 participants (~$115,329/participant), up 13.0% in 2024.

$112M
total plan assets (2024 EOY): 973
covered participants: 91st
percentile by assets (of 116,472 plans): $115,329
avg assets per participant

Sheet Metal Workers Local Union No. 12 Annuity Fund end-of-year assets rose from $99M in the plan year 2023 filing to $112M in the plan year 2024 filing.
Sheet Metal Workers Local Union No. 12 Annuity Fund reported net income rose from $12M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Construction

Sheet Metal Workers Local Union No. 12 Annuity Fund vs the 2024 asset distribution

By assets, Sheet Metal Workers Local Union No. 12 Annuity Fund outranks 91% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.1x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$99M
Net Assets (End of Year)	$112M
Net Income	$13M
Employer EIN	251478389
Plan Effective Date	1983-08-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund)

Total plan assets by year, all Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	1,041	$88M
2023	1	980	$99M
2024	1	973	$112M

Nearby Profit Sharing Plans in Pennsylvania

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

Sheet Metal Workers Local Union No. 12 Annuity Fund vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Eastern Atlantic States Carpenters Annuity Fund $2.2B · 14,807
University of Pennsylvania Basic Plan $2.0B · 21,954
International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.3B · 3,927
Temple University Health System, Inc. Defined Contribution Retirement Plan $876M · 10,394
Steamfitters Local Union No. 420 Srp $728M · 6,716

Compare Sheet Metal Workers Local Union No. 12 A… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Sheet Metal Workers Local Union No. 12 Annuity Fund by total assets, not by location.

Moses/Weitzman Health System, Inc. 403b Retirement Plan (CT) $112M · 1,209
Roofers Union Local 30 Combined Annuity Fund (MI) $112M · 2,045
Au Health Systems, Inc. 401(a) Retirement Savings Plan (GA) $113M · 1,478
Boston Scientific Corporation 401(k) Retirement Savings Plan for Puerto Rico Affiliates (PR) $113M · 980

Frequently Asked Questions

How did Sheet Metal Workers Local Union No. 12 Annuity Fund assets move in 2024? ▼

Sheet Metal Workers Local Union No. 12 Annuity Fund grew at a solid clip - up 13.0% during 2024, from $99M to $112M. Reported net income was $13M.

How have Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund's sponsor-wide assets grew 28.0%, from $88M to $112M.

Where does Sheet Metal Workers Local Union No. 12 Annuity Fund rank by assets among Form 5500 filers? ▼

Sheet Metal Workers Local Union No. 12 Annuity Fund ranks in the 91st percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Sheet Metal Workers Local Union No. 12 Annuity Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Moses/Weitzman Health System, Inc. 403b Retirement Plan in CT ($112M, 1,209 participants).

Next read for Sheet Metal Workers Local Union No. 12 A…

Scale reading

Ways to act on Sheet Metal Workers Local Union No. 12 Annuity Fund's numbers.

By total assets, Sheet Metal Workers Local Union No. 12 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 Profit Sharing plans in Pennsylvania. Compare plans
Bd of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund's sponsor-wide assets have grown 28.0% 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 251478389.

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.