Defined Benefit (Pension) · DOL Form 5500 · 2024

B of T, Northwest Sheet Metal Workers Pension Plan Pension Plan

Data updated 2026-07-24

$1.7B
Total assets: 4,783
Participants: 99th
Percentile by assets: $353,851
Avg per participant

Official DOL plan name: Northwest Sheet Metal Workers Pension Plan · Sponsored by B of T, Northwest Sheet Metal Workers Pension Plan · Oregon · Construction

$1.7B in assets, 4,783 participants

B of T, Northwest Sheet Metal Workers Pension Plan's Northwest Sheet Metal Workers Pension Plan reported $1.7B in total assets and 4,783 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 116,472 plans)

Coverage in Oregon

Northwest Sheet Metal Workers Pension Plan covers 4,783 participants in Oregon, 11x the typical Oregon plan (state average ~440 per filing). Assets: $1.7B.

$1.7B
total plan assets (2024 EOY): 4,783
covered participants: 99th
percentile by assets (of 116,472 plans): $353,851
avg assets per participant

Northwest Sheet Metal Workers Pension Plan end-of-year assets rose from $1.5B in the plan year 2023 filing to $1.7B in the plan year 2024 filing.
Northwest Sheet Metal Workers Pension Plan reported participants rose from 4,660 in the plan year 2023 filing to 4,783 in the plan year 2024 filing.
Northwest Sheet Metal Workers Pension Plan reported net income fell from $168M in the plan year 2023 filing to $167M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Oregon

Industry

Construction

Participants vs Oregon filers

In Oregon, the average filing covers about 440 participants across 1,627 plans. Northwest Sheet Metal Workers Pension Plan reports 4,783 participants - 11x that state average ($1.7B EOY assets).

Oregon filing particulars

Total Assets (Beginning of Year)	$1.5B
Net Assets (End of Year)	$1.7B
Net Income	$167M
Employer EIN	916061344
Plan Effective Date	1965-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (B of T, Northwest Sheet Metal Workers Pension Plan)

Total plan assets by year, all B of T, Northwest Sheet Metal Workers Pension Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	4,602	$1.4B
2023	1	4,660	$1.5B
2024	1	4,783	$1.7B

Nearby Defined Benefit (Pension) Plans in Oregon

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

Northwest Sheet Metal Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in Oregon, assets vs. participants

Xpo Pension Plan $1.5B · 4,421
Ua Local 290 Plumber, Steamfitter & Shipfitter Pension Plan $1.3B · 3,464
Precision Castparts Corp. Retirement Plan $1.2B · 1,890
Oregon Retail Employees Pension Plan $1.2B · 21,971
Oregon Retail Employees Pension Plan $1.1B · 19,775

Compare Northwest Sheet Metal Workers Pension Pl… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Northwest Sheet Metal Workers Pension Plan by total assets, not by location.

Pipeline Industry Pension Fund (OK) $1.7B · 2,308
Brightspeed Pension Plan (NC) $1.7B · 1,928
Northside Hospital, Inc. Pension Plan (GA) $1.7B · 20,425
Nestle Pension Plan (OH) $1.7B · 8,291

Frequently Asked Questions

How did Northwest Sheet Metal Workers Pension Plan assets move in 2024? ▼

Northwest Sheet Metal Workers Pension Plan grew at a solid clip - up 9.4% during 2024, from $1.5B to $1.7B. Reported net income was $167M.

How have B of T, Northwest Sheet Metal Workers Pension Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), B of T, Northwest Sheet Metal Workers Pension Plan's sponsor-wide assets grew 24.2%, from $1.4B to $1.7B.

Where does Northwest Sheet Metal Workers Pension Plan rank by assets among Form 5500 filers? ▼

Northwest Sheet Metal Workers Pension Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which Defined Benefit (Pension) plans are similar in size to Northwest Sheet Metal Workers Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Pipeline Industry Pension Fund in OK ($1.7B, 2,308 participants).

Next read for Northwest Sheet Metal Workers Pension Pl…

Filing takeaways

Ways to act on Northwest Sheet Metal Workers Pension Plan's numbers.

By total assets, Northwest Sheet Metal Workers Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Oregon. Compare plans
B of T, Northwest Sheet Metal Workers Pension Plan's sponsor-wide assets have grown 24.2% since 2022 across 3 plan years on file. More Construction 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 916061344.

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.