Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund Pension Plan

Data updated 2026-08-11

$166M
Total assets
608
Participants
93rd
Percentile by assets
$273,735
Avg per participant
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Official DOL plan name: Sheet Metal Workers Local No. 292 Pension Fund · Sponsored by Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund · Michigan · Manufacturing

$166M in assets, 608 participants

Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund's Sheet Metal Workers Local No. 292 Pension Fund reported $166M in total assets and 608 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #16,038 in Manufacturing (17,777 peers)

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

Sheet Metal Workers Local No. 292 Pension Fund sits in the top 10% of all filed plans by assets, $166M for 608 participants (~$273,735/participant), up 4.0% in 2024.

$166M
total plan assets (2024 EOY)
608
covered participants
93rd
percentile by assets (of 123,622 plans)
$273,735
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local No. 292 Pension Fund reported net income fell from $13M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Sheet Metal Workers Local No. 292 Pension Fund end-of-year assets rose from $160M in the plan year 2023 filing to $166M in the plan year 2024 filing.
  • Sheet Metal Workers Local No. 292 Pension Fund reported participants rose from 590 in the plan year 2023 filing to 608 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Michigan
Industry
Manufacturing

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

By assets, Sheet Metal Workers Local No. 292 Pension Fund outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$160M
Net Assets (End of Year)$164M
Net Income$5M
Employer EIN381659157
Plan Effective Date1961-06-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund)

$140M$150M$160M$170M 202220232024 $146M $166M ▲ +14.1%
Total plan assets by year, all Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 607 $146M
2023 1 590 $160M
2024 1 608 $166M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Sheet Metal Workers Local No. 292 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Sheet Metal Workers Local No. 292 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Sheet Metal Workers …General Motors Hourl…Ford Motor Company U…Ford Motor Company G…Dow Employees' Pensi…Fca US LLC UAW Pensi…
Sheet Metal Workers Local No. 292 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Sheet Metal Workers Local No. 292 Pensio… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sheet Metal Workers Local No. 292 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal Workers Local No. 292 Pension Fund assets move in 2024? ▼
Sheet Metal Workers Local No. 292 Pension Fund edged up modestly - up 4.0% during 2024, from $160M to $166M. Reported net income was $5M.
How have Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund's sponsor-wide assets grew 14.1%, from $146M to $166M.
Where does Sheet Metal Workers Local No. 292 Pension Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local No. 292 Pension Fund ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local No. 292 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Appalachian Regional Healthcare, Inc. Pension Plan in KY ($166M, 855 participants).

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

Scale reading

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

  • By total assets, Sheet Metal Workers Local No. 292 Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
  • Board of Trustees, Sheet Metal Workers Local No. 292 Pension Fund's sponsor-wide assets have grown 14.1% 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 381659157.

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.