Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees, Sheet Metal Workers' Pension Plan Pension Plan
Data updated 2026-08-06
- $1.4B
- Total assets
- 5,402
- Participants
- 99th
- Percentile by assets
- $262,902
- Avg per participant
Official DOL plan name: Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada · Sponsored by Board of Trustees, Sheet Metal Workers' Pension Plan · California · Construction
$1.4B in assets, 5,402 participants
Board of Trustees, Sheet Metal Workers' Pension Plan's Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada reported $1.4B in total assets and 5,402 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 116,472 plans)
- #8,237 in Construction (8,304 peers)
Coverage in California
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada covers 5,402 participants in California, 8.5x the typical California plan (state average ~637 per filing). Assets: $1.4B.
- $1.4B
- total plan assets (2024 EOY)
- 5,402
- covered participants
- 99th
- percentile by assets (of 116,472 plans)
- $262,902
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada reported net income fell from $98M in the plan year 2023 filing to $78M in the plan year 2024 filing.
- Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada end-of-year assets rose from $1.3B in the plan year 2023 filing to $1.4B in the plan year 2024 filing.
- Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada reported participants rose from 5,299 in the plan year 2023 filing to 5,402 in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 637 participants across 14,392 plans. Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada reports 5,402 participants - 8.5x that state average ($1.4B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.4B |
| Net Income | $78M |
| Employer EIN | 956052257 |
| Plan Effective Date | 1958-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Sheet Metal Workers' Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 14,291 | $3.2B |
| 2023 | 1 | 5,299 | $1.3B |
| 2024 | 1 | 5,402 | $1.4B |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
- Kaiser Permanente Retirement Plan $34.5B · 135,057
- Pacific Gas and Electric Company Retirement Plan $17.6B · 27,500
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $11.4B · 18,983
- Western States Carpenters Pension Plan $11.3B · 48,582
- Disney Salaried Pension Plan D $10.4B · 9,984
Scale composition for Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada reports $1.4B in end-of-year assets across 5,402 participants (0.012% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.006% of 89,805,449 covered participants) - about $262,902 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2024 was $78M.
This plan identity (EIN 956052257, plan #001) has 5 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.4B (+14.1%) while covered participants moved from 5,414 to 5,402 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,414 | $1.2B | Open filing |
| 2022 | 4,357 | $1.0B | Open filing |
| 2022 | 4,520 | $957M | Open filing |
| 2023 | 5,299 | $1.3B | Open filing |
| 2024 · index core | 5,402 | $1.4B | This page |
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada by total assets, not by location.
- Conocophillips Retirement Plan (TX) $1.4B · 3,746
- Huntington Ingalls Industries, Inc. Newport News Operations Pension Plan for Employees Covered by United Steelworkers Local 8888 Cba (VA) $1.4B · 6,410
- William Beaumont Hospital Employees' Retirement Plan (MI) $1.4B · 7,153
- Felra & Ufcw Pension Plan (MD) $1.4B · N/A
Frequently Asked Questions
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Filing takeaways
Ways to act on Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada's numbers.
- By total assets, Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- Board of Trustees, Sheet Metal Workers' Pension Plan's sponsor-wide assets have declined 55.8% since 2022 across 3 plan years on file. More Construction plans