Defined Benefit (Pension) · DOL Form 5500 · 2024

Hawaii Sheet Metal Workers Pension Fund Pension Plan

Data updated 2026-08-06

$316M
Total assets
455
Participants
96th
Percentile by assets
$694,954
Avg per participant
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Official DOL plan name: Hawaii Sheet Metal Workers Pension Fund · Sponsored by Hawaii Sheet Metal Workers Pension Fund · Hawaii · Construction

$316M in assets, 455 participants

Hawaii Sheet Metal Workers Pension Fund's Hawaii Sheet Metal Workers Pension Fund reported $316M in total assets and 455 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 116,472 plans)

Where Hawaii Sheet Metal Workers Pension Fund sits by assets

Hawaii Sheet Metal Workers Pension Fund sits in the top 5% of all filed plans by assets, $316M for 455 participants (~$694,954/participant), up 9.4% in 2024.

$316M
total plan assets (2024 EOY)
455
covered participants
96th
percentile by assets (of 116,472 plans)
$694,954
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hawaii Sheet Metal Workers Pension Fund reported net income rose from $10M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Hawaii Sheet Metal Workers Pension Fund end-of-year assets rose from $289M in the plan year 2023 filing to $316M in the plan year 2024 filing.
  • Hawaii Sheet Metal Workers Pension Fund reported participants fell from 463 in the plan year 2023 filing to 455 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Hawaii Sheet Metal Workers Pension Fund vs the 2024 asset distribution

By assets, Hawaii Sheet Metal Workers Pension Fund outranks 96% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.2x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$289M
Net Assets (End of Year)$315M
Net Income$27M
Employer EIN996009479
Plan Effective Date1965-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hawaii Sheet Metal Workers Pension Fund)

$260M$280M$300M$320M 202220232024 $280M $316M ▲ +13.1%
Total plan assets by year, all Hawaii Sheet Metal Workers Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 464 $280M
2023 1 463 $289M
2024 1 455 $316M

Nearby Defined Benefit (Pension) Plans in Hawaii

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Hawaii Sheet Metal Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants

Hawaii Sheet Metal Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 0200040006000 00.511.52 Total assets ($B) Participants Hawaii Sheet Metal W…Retirement Plan for …The Queen's Health S…Hawaii Pacific Healt…Hawaii Longshore Pen…Hawaii Laborers' Pen…
Hawaii Sheet Metal Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in Hawaii, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Hawaii Sheet Metal Workers Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Hawaii Sheet Metal Workers Pension Fund assets move in 2024?
Hawaii Sheet Metal Workers Pension Fund grew at a solid clip - up 9.4% during 2024, from $289M to $316M. Reported net income was $27M.
How have Hawaii Sheet Metal Workers Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Hawaii Sheet Metal Workers Pension Fund's sponsor-wide assets grew 13.1%, from $280M to $316M.
Where does Hawaii Sheet Metal Workers Pension Fund rank by assets among Form 5500 filers?
Hawaii Sheet Metal Workers Pension Fund ranks in the 96th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Hawaii Sheet Metal Workers Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sun Chemical Retirement Plan in NJ ($316M, 736 participants).

Next read for Hawaii Sheet Metal Workers Pension Fund

Scale reading

Ways to act on Hawaii Sheet Metal Workers Pension Fund's numbers.

  • By total assets, Hawaii Sheet Metal Workers Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Hawaii. Compare plans
  • Hawaii Sheet Metal Workers Pension Fund's sponsor-wide assets have grown 13.1% since 2022 across 3 plan years on file. More Construction 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 996009479.

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