Profit Sharing · DOL Form 5500 · 2024

Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund Profit Sharing Plan

Data updated 2026-07-24

$158M
Total assets
410
Participants
93rd
Percentile by assets
$384,952
Avg per participant
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Official DOL plan name: Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund · Sponsored by Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund · New Jersey · Finance & Insurance

$158M in assets, 410 participants

Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund's Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund reported $158M in total assets and 410 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 116,472 plans)

Coverage in New Jersey

Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund covers 410 participants in New Jersey, about 47% of the average New Jersey filer (state average ~865 per filing). Assets: $158M.

$158M
total plan assets (2024 EOY)
410
covered participants
93rd
percentile by assets (of 116,472 plans)
$384,952
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund reported net income fell from $11M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund end-of-year assets rose from $149M in the plan year 2023 filing to $158M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund reports 410 participants - about 47% of that state average ($158M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$149M
Net Assets (End of Year)$158M
Net Income$9M
Employer EIN222586286
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund)

$130M$140M$150M$160M 202220232024 $137M $158M ▲ +15.0%
Total plan assets by year, all Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 408 $137M
2023 1 411 $149M
2024 1 410 $158M

Nearby Profit Sharing Plans in New Jersey

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

Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 0123 Total assets ($B) Participants Sheet Metal Workers …Ernst & Young Partne…Heavy & General Labo…IBEW Local Union No …Kpmg Partner Retirem…Cooper Health System…
Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund assets move in 2024?
Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund grew at a solid clip - up 6.1% during 2024, from $149M to $158M. Reported net income was $9M.
How have Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund's sponsor-wide assets grew 15.0%, from $137M to $158M.
Where does Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund rank by assets among Form 5500 filers?
Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund ranks in the 93rd 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 25 New Jersey Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is The Oriental Bank Coda Profit Sharing Plan in PR ($157M, 2,084 participants).

Next read for Sheet Metal Workers Local Union No 25 Ne…

Filing takeaways

Ways to act on Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund's numbers.

  • By total assets, Sheet Metal Workers Local Union No 25 New Jersey 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 New Jersey. Compare plans
  • Board of Trustees, Smw Local Union No. 25 Nj Annuity Fund's sponsor-wide assets have grown 15.0% since 2022 across 3 plan years on file. More Finance & Insurance 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 222586286.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.