Profit Sharing · DOL Form 5500 · 2024
Board of Trustees of Smw Lu No. 28 Annuity Fund Profit Sharing Plan
Data updated 2026-08-25
- $590M
- Total assets Above avg plan size
- 3,756
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $156,974
- Avg per participant Above avg balance/head
Official DOL plan name: Sheet Metal Workers Local Union No. 28 Annuity Fund · Sponsored by Board of Trustees of Smw Lu No. 28 Annuity Fund · New York · Construction
$590M in assets, 3,756 participants
Board of Trustees of Smw Lu No. 28 Annuity Fund's Sheet Metal Workers Local Union No. 28 Annuity Fund reported $590M in total assets and 3,756 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #8,806 in Construction (9,039 peers)
Coverage in New York
Sheet Metal Workers Local Union No. 28 Annuity Fund covers 3,756 participants in New York, 4.7x the typical New York plan (state average ~798 per filing). Assets: $590M.
- #8,806
- in Construction (9,039 peers)
- +3.2%
- assets growth YoY
- 5.9×
- vs typical plan assets (national mean)
Sheet Metal Workers Local Union No. 28 Annuity Fund's outsized position by total assets
Sheet Metal Workers Local Union No. 28 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$589,595,170 Top 3% higher than 97% 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 Annuity 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 Annuity Fund lands in the large band (3,756 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers Local Union No. 28 Annuity Fund reported net income fell from $30M in the plan year 2023 filing to $18M in the plan year 2024 filing.
- Sheet Metal Workers Local Union No. 28 Annuity Fund end-of-year assets rose from $571M in the plan year 2023 filing to $590M in the plan year 2024 filing.
- Sheet Metal Workers Local Union No. 28 Annuity Fund reported participants fell from 3,817 in the plan year 2023 filing to 3,756 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 133073165 · Board of Trustees of Smw Lu No. 28 Annuity Fund PY 2024 · Profit Sharing
Sheet Metal Workers Local Union No. 28 Annuity Fund · $590M · 3,756 · 97th
- 5500 $590M
- 5500 3,756
- 5500 97th
- 5500 Profit Sharing
- 5500 near Regions Hospital Retirement Savings 401(k) Plan
- 5500 ind #8806
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 Annuity Fund in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $571M |
|---|---|
| Net Assets (End of Year) | $590M |
| Net Income | $18M |
| Employer EIN | 133073165 |
| Plan Effective Date | 1981-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Smw Lu No. 28 Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees of Smw Lu No. 28 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $590M 8.903713230708574% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,871 | $541M |
| 2023 | 1 | 3,817 | $571M |
| 2024 | 1 | 3,756 | $590M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Annuity Plan of the Electrical Industry $2.3B · 18,200
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $2.1B · 3,278
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.8B · 5,817
- The Research Foundation for the State University of New York Retirement Plan $1.3B · 9,758
- Rochester Regional Health 403(b) Defined Contribution Plan $987M · 15,432
Sheet Metal Workers Local Union No. 28 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is Regions Hospital Retirement Savings 401(k) Plan in MN ($602M); by covered participants it is The Tjx Companies, Inc. Puerto Rico Savings Plan in MA (3,777 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($590M here).
- Regions Hospital Retirement Savings 401(k) Plan (MN) $602M · 6,323
- Care New England 403(b) Match & Savings Plan (RI) $570M · 7,381
- Cargill Employee Retirement Account Plan (MN) $613M · 20,683
- International Union of Operating Engineers Joint Annuity Fund of Eastern Pennsylvania and Delaware (PA) $562M · 9,614
Similar participant headcount
Nearest other-state filings by covered participants (3,756 participants); asset peers above are excluded.
- The Tjx Companies, Inc. Puerto Rico Savings Plan (MA) 3,777 · 21 off
- American Heart Association, Inc. Qualified Retirement Plan (TX) 3,779 · 23 off
- Sheet Metal Workers' Local 33 Profit Sharing Annuity Plan (OH) 3,783 · 27 off
- Amplify Hr Management Retirement Savings Plan (IL) 3,714 · 42 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.