Profit Sharing · DOL Form 5500 · 2024

Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
537
Participants Below avg headcount
80th
Percentile by assets National rank
$69,575
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sheet Metal Workers Local Union No. 292 Annuity Fund · Sponsored by Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund · Michigan · Manufacturing

$37M in assets, 537 participants

Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund's Sheet Metal Workers Local Union No. 292 Annuity Fund reported $37M in total assets and 537 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.

  • #12,935 in Manufacturing (17,777 peers)

Where Sheet Metal Workers Local Union No. 292 Annuity Fund sits by assets

Sheet Metal Workers Local Union No. 292 Annuity Fund sits in the top quartile of all filed plans by assets, $37M for 537 participants (~$69,575/participant), up 15.7% in 2024.

#12,935
in Manufacturing (17,777 peers)
+15.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Sheet Metal Workers Local Union No. 292 Annuity Fund's outsized position by total assets

Sheet Metal Workers Local Union No. 292 Annuity Fund vs every filed plan by assets

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

$37,362,005 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 Union No. 292 Annuity Fund 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 Union No. 292 Annuity Fund sits mid-pack in the medium band (537 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local Union No. 292 Annuity Fund end-of-year assets rose from $32M in the plan year 2023 filing to $37M in the plan year 2024 filing.
  • Sheet Metal Workers Local Union No. 292 Annuity Fund reported net income rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Sheet Metal Workers Local Union No. 292 Annuity Fund reported participants fell from 550 in the plan year 2023 filing to 537 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 383204600 · Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund PY 2024 · Profit Sharing

Sheet Metal Workers Local Union No. 292 Annuity Fund · $37M · 537 · 80th

  • PART $37M
  • TYPE 537
  • NET 80th
  • BOOK Profit Sharing
  • VS-ST near Nw Bricklayers & Allied Craftworkers DC Retirement Plan
  • BOY ind #12935

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 Michigan →

Sheet Metal Workers Local Union No. 292 Annuity Fund in the asset neighbourhood

Lifelong Learning Administration Corporation 403(b) PlanLifelong Learning Administra…$37MSheet Metal Workers Local Union No. 292 Annuity FundSheet Metal Workers Local Un…$37MNw Bricklayers & Allied Craftworkers DC Retirement PlanNw Bricklayers & Allied Craf…$37MNet Lease Capital Advisors Inc Profit Sharing PlanNet Lease Capital Advisors I…$37MEdges Electrical Group Profit Sharing PlanEdges Electrical Group Profi…$37M
End-of-year total assets ($M) among Sheet Metal Workers Local Union No. 292 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$37M
Net Income$5M
Employer EIN383204600
Plan Effective Date1994-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund)

Sponsor-wide plan assets over time

All Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$37M 35.963136316363126% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.5M $37.4M ▲ +36.0%
Year Plans Participants Total Assets
2022 1 556 $27M
2023 1 550 $32M
2024 1 537 $37M

Nearby Profit Sharing Plans in Michigan

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

Sheet Metal Workers Local Union No. 292 Annuity Fund vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.52 Total assets ($B) Participants Sheet Metal Workers Local Union No. 292 Annuity Fund, Total assets ($B): 0.037362005 · Participants: 537Sheet Metal Workers Local Union No. 292 Annuity FundHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.838163362 · Participants: 13461Henry Ford Health System Retirement Savings PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.339745231 · Participants: 1472Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanIron Workers Defined Contribution Pension Fund Plan, Total assets ($B): 0.231623418 · Participants: 5319Iron Workers Defined Contribution Pension Fund PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.229985274 · Participants: 2755NECA-IBEW Memphis Retirement PlanPlumbers and Pipefitters Local Union 520 Annuity Plan, Total assets ($B): 0.219548504 · Participants: 1639Plumbers and Pipefitters Local Union 520 Annuity Plan
Sheet Metal Workers Local Union No. 292 Annuity Fund vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Sheet Metal Workers Local Union No. 292 Annuity Fund side-by-side with 3 peers →

Sheet Metal Workers Local Union No. 292 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Nw Bricklayers & Allied Craftworkers DC Retirement Plan in OR ($37M); by covered participants it is Innovative Resources for Independence 403(b) Plan in NY (537 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (537 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 Union No. 292 Annuity Fund assets move in 2024? ▼
Sheet Metal Workers Local Union No. 292 Annuity Fund grew sharply - up 15.7% during 2024, from $32M to $37M. Reported net income was $5M.
How have Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund's sponsor-wide assets grew 36.0%, from $27M to $37M.
Where does Sheet Metal Workers Local Union No. 292 Annuity Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local Union No. 292 Annuity Fund 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 Profit Sharing plans are similar in size to Sheet Metal Workers Local Union No. 292 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Nw Bricklayers & Allied Craftworkers DC Retirement Plan in OR ($37M, 969 participants).
Which Profit Sharing plans cover a similar participant headcount to Sheet Metal Workers Local Union No. 292 Annuity Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Innovative Resources for Independence 403(b) Plan in NY (537 participants, $4M in assets).

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 383204600.

Read our methodology - how this data is sourced, computed, and verified.

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