Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees of Smw Lu No. 28 Pension Fund Pension Plan
Data updated 2026-08-25
- $364M
- Total assets Above avg plan size
- 2,021
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $180,241
- Avg per participant Above avg balance/head
Official DOL plan name: Sheet Metal Workers Local Union No. 28 Pension Fund · Sponsored by Board of Trustees of Smw Lu No. 28 Pension Fund · New York · Construction
$364M in assets, 2,021 participants
Board of Trustees of Smw Lu No. 28 Pension Fund's Sheet Metal Workers Local Union No. 28 Pension Fund reported $364M in total assets and 2,021 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- #8,664 in Construction (9,039 peers)
Coverage in New York
Sheet Metal Workers Local Union No. 28 Pension Fund covers 2,021 participants in New York, 2.5x the typical New York plan (state average ~798 per filing). Assets: $364M.
- #8,664
- in Construction (9,039 peers)
- +10.3%
- assets growth YoY
- 3.7×
- vs typical plan assets (national mean)
Sheet Metal Workers Local Union No. 28 Pension Fund's outsized position by total assets
Sheet Metal Workers Local Union No. 28 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$364,266,921 Top 4% higher than 96% of 123,620 filed plans
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 Local Union No. 28 Pension Fund'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 Local Union No. 28 Pension Fund lands in the large band (2,021 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers Local Union No. 28 Pension Fund end-of-year assets rose from $330M in the plan year 2023 filing to $364M in the plan year 2024 filing.
- Sheet Metal Workers Local Union No. 28 Pension Fund reported participants fell from 2,252 in the plan year 2023 filing to 2,021 in the plan year 2024 filing.
- Sheet Metal Workers Local Union No. 28 Pension Fund reported net income rose from $31M in the plan year 2023 filing to $34M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 112480671 · Board of Trustees of Smw Lu No. 28 Pension Fund PY 2024 · Defined Benefit (Pension)
Sheet Metal Workers Local Union No. 28 Pension Fund · $364M · 2,021 · 96th
- BOY $364M
- SCH 2,021
- EBSA 96th
- PART Defined Benefit (Pension)
- TYPE near Houston Pilots Retirement Plan and Trust
- NET ind #8664
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 New York →
Sheet Metal Workers Local Union No. 28 Pension Fund in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $330M |
|---|---|
| Net Assets (End of Year) | $364M |
| Net Income | $34M |
| Employer EIN | 112480671 |
| Plan Effective Date | 1979-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Smw Lu No. 28 Pension Fund)
Sponsor-wide plan assets over time
All Board of Trustees of Smw Lu No. 28 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $364M 21.64588971237355% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,561 | $299M |
| 2023 | 1 | 2,252 | $330M |
| 2024 | 1 | 2,021 | $364M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Sheet Metal Workers Local Union No. 28 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Houston Pilots Retirement Plan and Trust in TX ($363M); by covered participants it is United Assn Full-Time Sal Off & Emp of Locl Unions Councils, St & Prov Pen Plan in MD (2,018 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($364M here).
- Houston Pilots Retirement Plan and Trust (TX) $363M · 133
- Invista Pension Plan for Certain Grandfathered Employees (KS) $363M · 12
- Flowserve Corporation Pension Plan (TX) $362M · 4,630
- Local No. 863 Pension Plan (NJ) $366M · 11
Similar participant headcount
Nearest other-state filings by covered participants (2,021 participants); asset peers above are excluded.
- United Assn Full-Time Sal Off & Emp of Locl Unions Councils, St & Prov Pen Plan (MD) 2,018 · 3 off
- Triad Defined Benefit Pension Plan (NM) 2,018 · 3 off
- Globe Life Inc. Pension Plan (TX) 2,024 · 3 off
- Northwestern Memorial Hospital Employees' Pension Plan (IL) 2,012 · 9 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.