Defined Benefit (Pension) · DOL Form 5500 · 2024
Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund Pension Plan
Data updated 2026-08-25
- $212M
- Total assets Near avg plan size
- 886
- Participants Near avg headcount
- 94th
- Percentile by assets National rank
- $238,907
- Avg per participant Above avg balance/head
Official DOL plan name: Sheet Metal Workers Local No. 20, Indianapolis Are · Sponsored by Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund · Indiana · Construction
$212M in assets, 886 participants
Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund's Sheet Metal Workers Local No. 20, Indianapolis Are reported $212M in total assets and 886 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- #8,456 in Construction (9,039 peers)
Where Sheet Metal Workers Local No. 20, Indianapolis Are sits by assets
Sheet Metal Workers Local No. 20, Indianapolis Are sits in the top 10% of all filed plans by assets, $212M for 886 participants (~$238,907/participant), up 9.0% in 2024.
- #8,456
- in Construction (9,039 peers)
- +9.0%
- assets growth YoY
- 2.1×
- vs typical plan assets (national mean)
Sheet Metal Workers Local No. 20, Indianapolis Are's outsized position by total assets
Sheet Metal Workers Local No. 20, Indianapolis Are vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$211,671,831 Top 6% higher than 94% 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 No. 20, Indianapolis Are among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers Local No. 20, Indianapolis Are sits mid-pack in the medium band (886 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers Local No. 20, Indianapolis Are reported net income fell from $20M in the plan year 2023 filing to $18M in the plan year 2024 filing.
- Sheet Metal Workers Local No. 20, Indianapolis Are end-of-year assets rose from $194M in the plan year 2023 filing to $212M in the plan year 2024 filing.
- Sheet Metal Workers Local No. 20, Indianapolis Are reported participants rose from 832 in the plan year 2023 filing to 886 in the plan year 2024 filing.
DOL schedule card
Filing strip 510168516 · Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund PY 2024 · Defined Benefit (Pension)
Sheet Metal Workers Local No. 20, Indianapolis Are · $212M · 886 · 94th
- 5500 $212M
- 5500 886
- 5500 94th
- 5500 Defined Benefit (Pension)
- 5500 near Plumbers & Pipefitters Local Union No. 572 Pension Fund
- 5500 ind #8456
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 Indiana →
Sheet Metal Workers Local No. 20, Indianapolis Are in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $194M |
|---|---|
| Net Assets (End of Year) | $212M |
| Net Income | $18M |
| Employer EIN | 510168516 |
| Plan Effective Date | 1964-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund)
Sponsor-wide plan assets over time
All Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $212M 21.528244617458295% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 846 | $174M |
| 2023 | 1 | 832 | $194M |
| 2024 | 1 | 886 | $212M |
Nearby Defined Benefit (Pension) Plans in Indiana
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Lilly Retirement Plan $11.8B · 19,897
- Cummins Pension Plan $3.2B · 30,640
- Indiana Laborers Pension Fund $1.8B · 11,039
- Elevance Health Cash Balance Plan a $1.2B · 7,552
- Nisource Pension Plan $1.0B · 2,133
Sheet Metal Workers Local No. 20, Indianapolis Are's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Indiana, the nearest Defined Benefit (Pension) by assets is Plumbers & Pipefitters Local Union No. 572 Pension Fund in TN ($212M); by covered participants it is Cefcu Retirement Income Plan and Trust in IL (886 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($212M here).
- Plumbers & Pipefitters Local Union No. 572 Pension Fund (TN) $212M · 1,184
- Bac - Salaried Employees Pension Plan (DC) $212M · 185
- Mcwane Pension Plan for Salaried Employees (AL) $211M · 113
- Revised Pension Plan for Employees of Pennsylvania National Mutual Casualty Insurance Company and Its Affiliated Companies (PA) $212M · 302
Similar participant headcount
Nearest other-state filings by covered participants (886 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.