Defined Benefit (Pension) · DOL Form 5500 · 2024
Sheet Metal Workers Local Union No. 32 Pension Trust Fund Pension Plan
Data updated 2026-08-25
- $63M
- Total assets Below avg plan size
- 162
- Participants Small participant base
- 87th
- Percentile by assets National rank
- $387,584
- Avg per participant High balance/head
Official DOL plan name: Sheet Metal Workers Local Union No. 32 Pension Trust Fund · Sponsored by Sheet Metal Workers Local Union No. 32 Pension Trust Fund · Florida · Finance & Insurance
$63M in assets, 162 participants
Sheet Metal Workers Local Union No. 32 Pension Trust Fund's Sheet Metal Workers Local Union No. 32 Pension Trust Fund reported $63M in total assets and 162 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.
- #6,770 in Finance & Insurance (8,549 peers)
Coverage in Florida
Sheet Metal Workers Local Union No. 32 Pension Trust Fund covers 162 participants in Florida, about 26% of the average Florida filer (state average ~628 per filing). Assets: $63M.
- #6,770
- in Finance & Insurance (8,549 peers)
- +6.2%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Sheet Metal Workers Local Union No. 32 Pension Trust Fund's outsized position by total assets
Sheet Metal Workers Local Union No. 32 Pension Trust Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$62,788,620 Top 13% higher than 87% 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. 32 Pension Trust 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. 32 Pension Trust Fund sits mid-pack in the medium band (162 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers Local Union No. 32 Pension Trust Fund reported net income rose from $838K in the plan year 2023 filing to $4M in the plan year 2024 filing.
- Sheet Metal Workers Local Union No. 32 Pension Trust Fund end-of-year assets rose from $59M in the plan year 2023 filing to $63M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 596152610 · Sheet Metal Workers Local Union No. 32 Pension Trust Fund PY 2024 · Defined Benefit (Pension)
Sheet Metal Workers Local Union No. 32 Pension Trust Fund · $63M · 162 · 87th
- IND $63M
- EOY 162
- 5500 87th
- ASSETS Defined Benefit (Pension)
- PCT near Tata Chemicals Soda Ash Partners LLC Salaried Employees' Pension Plan
- EIN ind #6770
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 Finance & Insurance retirement plans → · Plans in Florida →
Sheet Metal Workers Local Union No. 32 Pension Trust Fund in the asset neighbourhood
Florida filing particulars
| Total Assets (Beginning of Year) | $59M |
|---|---|
| Net Assets (End of Year) | $63M |
| Net Income | $4M |
| Employer EIN | 596152610 |
| Plan Effective Date | 1964-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sheet Metal Workers Local Union No. 32 Pension Trust Fund)
Sponsor-wide plan assets over time
All Sheet Metal Workers Local Union No. 32 Pension Trust Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $63M 0.6769620249024062% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 158 | $62M |
| 2023 | 1 | 161 | $59M |
| 2024 | 1 | 162 | $63M |
Nearby Defined Benefit (Pension) Plans in Florida
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- L3harris Technologies Consolidated Pension Plan $7.6B · 4,996
- Nextera Energy, Inc. Employee Pension Plan $5.3B · 14,419
- Retirement Accumulation Plan for Partners of Pwc $2.7B · 3,950
- Csx Pension Plan $2.3B · 2,293
- Retirement Benefit Accumulation Plan for Employees of Pwc $1.9B · 5,001
Sheet Metal Workers Local Union No. 32 Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Florida, the nearest Defined Benefit (Pension) by assets is Tata Chemicals Soda Ash Partners LLC Salaried Employees' Pension Plan in UT ($63M); by covered participants it is Sheet Metal Workers Intn Local 17nh Pension Plan in CT (162 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($63M here).
Similar participant headcount
Nearest other-state filings by covered participants (162 participants); asset peers above are excluded.
- Sheet Metal Workers Intn Local 17nh Pension Plan (CT) 162 · 0 off
- Pension Plan for Employees of York Hospital (ME) 162 · 0 off
- Davis Polk Partner Defined Benefit Pension Plan (NY) 162 · 0 off
- Ret. Plan for Emps. of American President Lines, LLC. Represented by the Prof. Ofc. & Ind. , Marine Engr. Beneficial Assn (AFL/CIO) (VA) 162 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.