Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees, Sheet Metal Workers' Pension Plan Pension Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
5,402
Participants Above avg headcount
99th
Percentile by assets National rank
$262,902
Avg per participant High balance/head
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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.

  • #8,947 in Construction (9,039 peers)

Coverage in California

Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada covers 5,402 participants in California, 8.6x the typical California plan (state average ~630 per filing). Assets: $1.4B.

#8,947
in Construction (9,039 peers)
+5.8%
assets growth YoY
14×
vs typical plan assets (national mean)

Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada's outsized position by total assets

Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,420,198,265 Top 1% higher than 99% of 123,620 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 2024

Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada lands in the large band (5,402 participants).

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.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 956052257 · Board of Trustees, Sheet Metal Workers' Pension Plan PY 2024 · Defined Benefit (Pension)

Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada · $1.4B · 5,402 · 99th

  • PART $1.4B
  • TYPE 5,402
  • NET 99th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Conocophillips Retirement Plan
  • BOY ind #8947

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 California →

Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada in the asset neighbourhood

Felra & Ufcw Pension Plan$1.4BSheet Metal Workers' Pension Plan of Southern California Arizona and NevadaSheet Metal Workers' Pension…$1.4BConocophillips Retirement PlanConocophillips Retirement Pl…$1.4BHuntington Ingalls Industries, Inc. Newport News Operations Pension Plan for Employees Covered by United Steelworkers Local 8888 CbaHuntington Ingalls Industrie…$1.4BWilliam Beaumont Hospital Employees' Retirement PlanWilliam Beaumont Hospital Em…$1.4B
End-of-year total assets ($B) among Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.4B
Net Income$78M
Employer EIN956052257
Plan Effective Date1958-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Sheet Metal Workers' Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees, Sheet Metal Workers' Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 55.844555277240296% vs 2022
2024 filing year
$1B$2B$3B$4B 202220232024 $3.22B $1.42B ▼ -55.9%
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 Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada, Total assets ($B): 1.420198265 · Participants: 5402Sheet Metal Workers' Pension Plan of Southern California Arizona and NevadaKaiser Permanente Retirement Plan, Total assets ($B): 34.452234723 · Participants: 135057Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.60716624 · Participants: 27500Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 11.441381434 · Participants: 18983Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Western States Carpenters Pension Plan, Total assets ($B): 11.342334451 · Participants: 48582Western States Carpenters Pension PlanIlwu-Pma Pension Plan, Total assets ($B): 10.798538721 · Participants: 15833Ilwu-Pma Pension Plan
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

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 $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 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

Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Conocophillips Retirement Plan in TX ($1.4B); by covered participants it is Operating Engineers Local No. 825 Pension Fund in NJ (5,422 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,402 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.

Frequently Asked Questions

How did Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada assets move in 2024? ▼
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada grew at a solid clip - up 5.8% during 2024, from $1.3B to $1.4B. Reported net income was $78M.
How have Board of Trustees, Sheet Metal Workers' Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, Sheet Metal Workers' Pension Plan's sponsor-wide assets declined 55.8%, from $3.2B to $1.4B.
Where does Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada rank by assets among Form 5500 filers? ▼
Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Conocophillips Retirement Plan in TX ($1.4B, 3,746 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Operating Engineers Local No. 825 Pension Fund in NJ (5,422 participants, $1.2B in assets).