Profit Sharing · DOL Form 5500 · 2024

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

Data updated 2026-08-06

$656M
Total assets: 3,065
Participants: 98th
Percentile by assets: $214,118
Avg per participant

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.

98th percentile by assets (of 116,472 plans)

Coverage in Massachusetts

Sheet Metal Workers Local 17 Annuity Income Fund covers 3,065 participants in Massachusetts, 4.8x the typical Massachusetts plan (state average ~641 per filing). Assets: $656M.

$656M
total plan assets (2024 EOY): 3,065
covered participants: 98th
percentile by assets (of 116,472 plans): $214,118
avg assets per participant

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 →

State

Massachusetts

Industry

Administrative & Support Services

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Sheet Metal Workers Local 17 Annuity Income Fund reports 3,065 participants - 4.8x that state average ($656M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)	$617M
Net Assets (End of Year)	$656M
Net Income	$19M
Employer EIN	046394579
Plan Effective Date	1975-06-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Sheet Metal Workers Local No. 17 Annuity Income Fund plans on file

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

Demoulas (Restated) Profit Sharing Plan & Trust $1.1B · 14,037
Dana-Farber Cancer Institute Retirement Plan $930M · 5,518
The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $686M · 6,385
Medical Information Technology, Inc. Profit Sharing Plan $409M · 3,306
The Wgbh Educational Foundation Retirement Plan $361M · 854

Compare Sheet Metal Workers Local 17 Annuity Inc… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Sheet Metal Workers Local 17 Annuity Income Fund by total assets, not by location.

Itron, Inc. Incentive Savings Plan (WA) $651M · 2,593
Local 580 Annuity Fund (NY) $663M · 3,126
Fairview Health Services Pension Plan (MN) $644M · 4,702
International Painters and Allied Trades Industry Annuity Plan (MD) $644M · 10,721

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 116,472 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).

Next read for Sheet Metal Workers Local 17 Annuity Inc…

Filing takeaways

Ways to act on Sheet Metal Workers Local 17 Annuity Income Fund's numbers.

By total assets, Sheet Metal Workers Local 17 Annuity Income Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
Sheet Metal Workers Local No. 17 Annuity Income Fund's sponsor-wide assets have grown 21.4% since 2022 across 3 plan years on file. More Administrative & Support Services 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 046394579.

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.