Defined Benefit (Pension) · DOL Form 5500 · 2024

Sheet Metal Workers Local #44 Retirement Income Plan Pension Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
158
Participants Small participant base
80th
Percentile by assets National rank
$222,895
Avg per participant Above avg balance/head
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Official DOL plan name: Sheet Metal Workers Local #44 Retirement Income Plan · Sponsored by Sheet Metal Workers Local #44 Retirement Income Plan · Pennsylvania · Manufacturing

$35M in assets, 158 participants

Sheet Metal Workers Local #44 Retirement Income Plan's Sheet Metal Workers Local #44 Retirement Income Plan reported $35M in total assets and 158 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #12,752 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Sheet Metal Workers Local #44 Retirement Income Plan covers 158 participants in Pennsylvania, about 19% of the average Pennsylvania filer (state average ~822 per filing). Assets: $35M.

#12,752
in Manufacturing (17,777 peers)
+9.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Sheet Metal Workers Local #44 Retirement Income Plan's outsized position by total assets

Sheet Metal Workers Local #44 Retirement Income Plan vs every filed plan by assets

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

$35,217,405 Top 20% higher than 80% 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 Local #44 Retirement Income Plan 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 #44 Retirement Income Plan sits mid-pack in the medium band (158 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local #44 Retirement Income Plan reported participants fell from 195 in the plan year 2023 filing to 158 in the plan year 2024 filing.
  • Sheet Metal Workers Local #44 Retirement Income Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Sheet Metal Workers Local #44 Retirement Income Plan end-of-year assets rose from $32M in the plan year 2023 filing to $35M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 236537135 · Sheet Metal Workers Local #44 Retirement Income Plan PY 2024 · Defined Benefit (Pension)

Sheet Metal Workers Local #44 Retirement Income Plan · $35M · 158 · 80th

  • PHOTO $35M
  • PHOTO 158
  • PHOTO 80th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Retirement Plan of Fulton Savings Bank
  • PHOTO ind #12752

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 Manufacturing retirement plans → · Plans in Pennsylvania →

Sheet Metal Workers Local #44 Retirement Income Plan in the asset neighbourhood

Minnesota Twins Pension Plan$35MRetirement Plan of Fulton Savings BankRetirement Plan of Fulton Sa…$35MSheet Metal Workers Local #44 Retirement Income PlanSheet Metal Workers Local #4…$35MDallas Theological Seminary Pension PlanDallas Theological Seminary …$35MBank Independent Pension Plan$35M
End-of-year total assets ($M) among Sheet Metal Workers Local #44 Retirement Income Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$35M
Net Income$3M
Employer EIN236537135
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local #44 Retirement Income Plan)

Sponsor-wide plan assets over time

All Sheet Metal Workers Local #44 Retirement Income Plan plans reported in each filing year

Latest sponsor-wide plan assets
$35M 22.04455495107514% vs 2022
2024 filing year
$28M$30M$32M$34M$36M 202220232024 $28.9M $35.2M ▲ +22.0%
Year Plans Participants Total Assets
2022 1 187 $29M
2023 1 195 $32M
2024 1 158 $35M

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 #44 Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Sheet Metal Workers Local #44 Retirement Income Plan, Total assets ($B): 0.035217405 · Participants: 158Sheet Metal Workers Local #44 Retirement Income PlanNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Sheet Metal Workers Local #44 Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Sheet Metal Workers Local #44 Retirement Income Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Retirement Plan of Fulton Savings Bank in NY ($35M); by covered participants it is Gallo Pension Plan for Non-Union Employees in CA (158 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($35M here).

Similar participant headcount

Nearest other-state filings by covered participants (158 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 Local #44 Retirement Income Plan assets move in 2024?
Sheet Metal Workers Local #44 Retirement Income Plan grew at a solid clip - up 9.3% during 2024, from $32M to $35M. Reported net income was $3M.
How have Sheet Metal Workers Local #44 Retirement Income Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local #44 Retirement Income Plan's sponsor-wide assets grew 22.0%, from $29M to $35M.
Where does Sheet Metal Workers Local #44 Retirement Income Plan rank by assets among Form 5500 filers?
Sheet Metal Workers Local #44 Retirement Income Plan ranks in the 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local #44 Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan of Fulton Savings Bank in NY ($35M, 55 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local #44 Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Gallo Pension Plan for Non-Union Employees in CA (158 participants, $32M in assets).