Profit Sharing · DOL Form 5500 · 2024

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

Data updated 2026-07-24

$37M
Total assets: 537
Participants: 81st
Percentile by assets: $69,575
Avg per participant

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 81st 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.

81st percentile by assets (of 116,472 plans)

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.

$37M
total plan assets (2024 EOY): 537
covered participants: 81st
percentile by assets (of 116,472 plans): $69,575
avg assets per participant

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 →

State

Michigan

Industry

Manufacturing

Sheet Metal Workers Local Union No. 292 Annuity Fund vs the 2024 asset distribution

By assets, Sheet Metal Workers Local Union No. 292 Annuity Fund outranks 81% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$32M
Net Assets (End of Year)	$37M
Net Income	$5M
Employer EIN	383204600
Plan Effective Date	1994-06-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund plans on file

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

Henry Ford Health System Retirement Savings Plan $1.8B · 13,461
Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $340M · 1,472
Iron Workers Defined Contribution Pension Fund Plan $232M · 5,319
NECA-IBEW Memphis Retirement Plan $230M · 2,755
Plumbers and Pipefitters Local Union 520 Annuity Plan $220M · 1,639

Compare Sheet Metal Workers Local Union No. 292 … side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Sheet Metal Workers Local Union No. 292 Annuity Fund by total assets, not by location.

Nw Bricklayers & Allied Craftworkers DC Retirement Plan (OR) $37M · 969
Lifelong Learning Administration Corporation 403(b) Plan (CA) $37M · 362
Net Lease Capital Advisors Inc Profit Sharing Plan (NH) $37M · 54
Edges Electrical Group Profit Sharing Plan (CA) $37M · 335

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 81st percentile by end-of-year assets among 116,472 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).

Next read for Sheet Metal Workers Local Union No. 292 …

Scale reading

Ways to act on Sheet Metal Workers Local Union No. 292 Annuity Fund's numbers.

By total assets, Sheet Metal Workers Local Union No. 292 Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
Bd of Trustees Sheet Metal Workers Local Union No. 292 Annuity Fund's sponsor-wide assets have grown 36.0% since 2022 across 3 plan years on file. More Manufacturing 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 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.