Defined Benefit (Pension) · DOL Form 5500 · 2024

Sheet Metal Workers Lo 194 Industrial Pension Fund Pension Plan

Data updated 2026-08-06

$4M
Total assets
87
Participants
38th
Percentile by assets
$44,720
Avg per participant
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Official DOL plan name: Sheet Metal Workers Local 194 Industrial Pension Fund · Sponsored by Sheet Metal Workers Lo 194 Industrial Pension Fund · Pennsylvania · Construction

$4M in assets, 87 participants

Sheet Metal Workers Lo 194 Industrial Pension Fund's Sheet Metal Workers Local 194 Industrial Pension Fund reported $4M in total assets and 87 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • 38th percentile by assets (of 116,472 plans)

Sheet Metal Workers Lo 194 Industrial Pension Fund multi-year trail

Sheet Metal Workers Lo 194 Industrial Pension Fund's plans moved +15.2% in assets from 2022 to 2024; this filing shows Sheet Metal Workers Local 194 Industrial Pension Fund at $4M / 87 participants.

$4M
total plan assets (2024 EOY)
87
covered participants
38th
percentile by assets (of 116,472 plans)
$44,720
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local 194 Industrial Pension Fund end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Sheet Metal Workers Lo 194 Industrial Pension Fund across 3 plan years on file

Across the 3 plan years Sheet Metal Workers Lo 194 Industrial Pension Fund has on file (2022-2024), sponsor-wide plan assets have moved from $3M to $4M, a gain of 15.2%, while reported participants moved from 87 to 87 (+0.0%). Peak year by sponsor assets: 2024 ($4M); trough: 2022 ($3M).

Sheet Metal Workers Lo 194 Industrial Pension Fund multi-year asset trail

$3.2M$3.4M$3.6M$3.8M$4M 202220232024 $3.38M $3.89M ▲ +15.1%
Total plan assets by year, all Sheet Metal Workers Lo 194 Industrial Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 87 $3M
2023 1 87 $4M
2024 1 87 $4M

Sheet Metal Workers Lo 194 Industrial Pension Fund filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$252K
Employer EIN232203610
Plan Effective Date1963-09-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local 194 Industrial Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Sheet Metal Workers Local 194 Industrial Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Sheet Metal Workers …Steelworkers Pension…The PNC Financial Se…The Bank of New York…Constellation Retire…Eastern Atlantic Sta…
Sheet Metal Workers Local 194 Industrial Pension Fund vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sheet Metal Workers Local 194 Industrial Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal Workers Local 194 Industrial Pension Fund assets move in 2024?
Sheet Metal Workers Local 194 Industrial Pension Fund grew at a solid clip - up 7.1% during 2024, from $4M to $4M. Reported net income was $252K.
How have Sheet Metal Workers Lo 194 Industrial Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Sheet Metal Workers Lo 194 Industrial Pension Fund's sponsor-wide assets grew 15.2%, from $3M to $4M.
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local 194 Industrial Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Southwestern Community Action Council, Inc. Retirement Income Plan in WV ($4M, 80 participants).

Next read for Sheet Metal Workers Local 194 Industrial…

Multi-year trail

Ways to act on Sheet Metal Workers Local 194 Industrial Pension Fund's numbers.

  • By total assets, Sheet Metal Workers Local 194 Industrial Pension Fund ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
  • Sheet Metal Workers Lo 194 Industrial Pension Fund's sponsor-wide assets have grown 15.2% 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 232203610.

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