Profit Sharing · DOL Form 5500 · 2024

Sheet Metal Workers Local No. 17 Annuity Income Fund Profit Sharing Plan

Data updated 2026-08-25

$656M
Total assets Above avg plan size
3,065
Participants Above avg headcount
98th
Percentile by assets National rank
$214,118
Avg per participant Above avg balance/head
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Official DOL plan name: Sheet Metal Workers Local 17 Annuity Income Fund · Sponsored by Sheet Metal Workers Local No. 17 Annuity Income Fund · Massachusetts · Administrative & Support Services

$656M in assets, 3,065 participants

Sheet Metal Workers Local No. 17 Annuity Income Fund's Sheet Metal Workers Local 17 Annuity Income Fund reported $656M in total assets and 3,065 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #4,330 in Administrative & Support Services (4,368 peers)

Coverage in Massachusetts

Sheet Metal Workers Local 17 Annuity Income Fund covers 3,065 participants in Massachusetts, 4.7x the typical Massachusetts plan (state average ~659 per filing). Assets: $656M.

#4,330
in Administrative & Support Services (4,368 peers)
+6.4%
assets growth YoY
6.6×
vs typical plan assets (national mean)

Sheet Metal Workers Local 17 Annuity Income Fund's outsized position by total assets

Sheet Metal Workers Local 17 Annuity Income Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$656,271,721 Top 2% higher than 98% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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 17 Annuity Income 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 17 Annuity Income Fund lands in the large band (3,065 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local 17 Annuity Income Fund reported net income fell from $76M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Sheet Metal Workers Local 17 Annuity Income Fund reported participants rose from 2,868 in the plan year 2023 filing to 3,065 in the plan year 2024 filing.
  • Sheet Metal Workers Local 17 Annuity Income Fund end-of-year assets rose from $617M in the plan year 2023 filing to $656M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 046394579 · Sheet Metal Workers Local No. 17 Annuity Income Fund PY 2024 · Profit Sharing

Sheet Metal Workers Local 17 Annuity Income Fund · $656M · 3,065 · 98th

  • VS-ST $656M
  • VS-ST 3,065
  • VS-ST 98th
  • VS-ST Profit Sharing
  • VS-ST near Itron, Inc. Incentive Savings Plan
  • VS-ST ind #4330

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 Administrative & Support Services retirement plans → · Plans in Massachusetts →

Sheet Metal Workers Local 17 Annuity Income Fund in the asset neighbourhood

Local 580 Annuity Fund$663MSheet Metal Workers Local 17 Annuity Income FundSheet Metal Workers Local 17…$656MItron, Inc. Incentive Savings PlanItron, Inc. Incentive Saving…$651MFairview Health Services Pension PlanFairview Health Services Pen…$644MInternational Painters and Allied Trades Industry Annuity PlanInternational Painters and A…$644M
End-of-year total assets ($M) among Sheet Metal Workers Local 17 Annuity Income Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$617M
Net Assets (End of Year)$656M
Net Income$19M
Employer EIN046394579
Plan Effective Date1975-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local No. 17 Annuity Income Fund)

Sponsor-wide plan assets over time

All Sheet Metal Workers Local No. 17 Annuity Income Fund plans reported in each filing year

Latest sponsor-wide plan assets
$656M 21.42736118642519% vs 2022
2024 filing year
$500M$550M$600M$650M$700M 202220232024 $540M $656M ▲ +21.4%
Year Plans Participants Total Assets
2022 1 2,153 $540M
2023 1 2,868 $617M
2024 1 3,065 $656M

Nearby Profit Sharing Plans in Massachusetts

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local 17 Annuity Income Fund vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -505101520 Total assets ($B) Participants Sheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.656271721 · Participants: 3065Sheet Metal Workers Local 17 Annuity Income FundConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 16.746508173 · Participants: 76559Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 1.11674253 · Participants: 14037Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.93023844 · Participants: 5518Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.685607607 · Participants: 6385The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundMedical Information Technology, Inc. Profit Sharing Plan, Total assets ($B): 0.40946995 · Participants: 3306Medical Information Technology, Inc. Profit Sharing Plan
Sheet Metal Workers Local 17 Annuity Income Fund vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Sheet Metal Workers Local 17 Annuity Income Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is Itron, Inc. Incentive Savings Plan in WA ($651M); by covered participants it is Construction Industry and Laborers Defined Contribution Pension Plan in NV (3,054 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($656M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,065 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sheet Metal Workers Local 17 Annuity Income Fund assets move in 2024?
Sheet Metal Workers Local 17 Annuity Income Fund grew at a solid clip - up 6.4% during 2024, from $617M to $656M. Reported net income was $19M.
How have Sheet Metal Workers Local No. 17 Annuity Income Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local No. 17 Annuity Income Fund's sponsor-wide assets grew 21.4%, from $540M to $656M.
Where does Sheet Metal Workers Local 17 Annuity Income Fund rank by assets among Form 5500 filers?
Sheet Metal Workers Local 17 Annuity Income Fund ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local 17 Annuity Income Fund?
Among Profit Sharing plans in other states, the closest by assets is Itron, Inc. Incentive Savings Plan in WA ($651M, 2,593 participants).
Which Profit Sharing plans cover a similar participant headcount to Sheet Metal Workers Local 17 Annuity Income Fund?
Among Profit Sharing plans in other states, the closest by covered participants is Construction Industry and Laborers Defined Contribution Pension Plan in NV (3,054 participants, $31M in assets).