Profit Sharing · DOL Form 5500 · 2024
Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund Profit Sharing Plan
Data updated 2026-08-25
- $38M
- Total assets Below avg plan size
- 389
- Participants Below avg headcount
- 81st
- Percentile by assets National rank
- $97,185
- Avg per participant Below avg balance/head
Official DOL plan name: Sheet Metal Workers Local Union No.71 Annuity Fund · Sponsored by Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund · New York · Construction
$38M in assets, 389 participants
Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund's Sheet Metal Workers Local Union No.71 Annuity Fund reported $38M in total assets and 389 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.
- #7,153 in Construction (9,039 peers)
Coverage in New York
Sheet Metal Workers Local Union No.71 Annuity Fund covers 389 participants in New York, about 49% of the average New York filer (state average ~798 per filing). Assets: $38M.
- #7,153
- in Construction (9,039 peers)
- +10.5%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
Sheet Metal Workers Local Union No.71 Annuity Fund's outsized position by total assets
Sheet Metal Workers Local Union No.71 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$37,805,111 Top 19% higher than 81% 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.71 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.71 Annuity Fund sits mid-pack in the medium band (389 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers Local Union No.71 Annuity Fund reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
- Sheet Metal Workers Local Union No.71 Annuity Fund end-of-year assets rose from $34M in the plan year 2023 filing to $38M in the plan year 2024 filing.
- Sheet Metal Workers Local Union No.71 Annuity Fund reported participants fell from 404 in the plan year 2023 filing to 389 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 161592883 · Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund PY 2024 · Profit Sharing
Sheet Metal Workers Local Union No.71 Annuity Fund · $38M · 389 · 81st
- EBSA $38M
- PART 389
- TYPE 81st
- NET Profit Sharing
- BOOK near Artis Naples, Inc. Retirement Plan
- VS-ST ind #7153
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.71 Annuity Fund in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $34M |
|---|---|
| Net Assets (End of Year) | $38M |
| Net Income | $4M |
| Employer EIN | 161592883 |
| Plan Effective Date | 2000-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees Sheet Metal Workers Local No. 71 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $38M 29.8349992781051% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 407 | $29M |
| 2023 | 1 | 404 | $34M |
| 2024 | 1 | 389 | $38M |
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.71 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is Artis Naples, Inc. Retirement Plan in FL ($38M); by covered participants it is Healthsource of Ohio Profit Sharing Plan in OH (389 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($38M here).
Similar participant headcount
Nearest other-state filings by covered participants (389 participants); asset peers above are excluded.
- Healthsource of Ohio Profit Sharing Plan (OH) 389 · 0 off
- Supermercados Econo, Inc Savings and Retirement Plan (PR) 388 · 1 off
- Luther Home of Mercy Retirement Savings Plan (OH) 388 · 1 off
- The Geneva Foundation 403(b) Plan (WA) 388 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.