Defined Benefit (Pension) · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$1.7B
Total assets Very large vs avg
4,783
Participants Above avg headcount
99th
Percentile by assets National rank
$353,851
Avg per participant High balance/head
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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.

  • #8,967 in Construction (9,039 peers)

Coverage in Oregon

Northwest Sheet Metal Workers Pension Plan covers 4,783 participants in Oregon, 11x the typical Oregon plan (state average ~443 per filing). Assets: $1.7B.

#8,967
in Construction (9,039 peers)
+9.4%
assets growth YoY
17×
vs typical plan assets (national mean)

Northwest Sheet Metal Workers Pension Plan's outsized position by total assets

Northwest Sheet Metal Workers Pension Plan vs every filed plan by assets

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

$1,692,468,875 Top 1% higher than 99% 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

Northwest Sheet Metal Workers Pension Plan'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. Northwest Sheet Metal Workers Pension Plan lands in the large band (4,783 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

DOL schedule card

Filing strip 916061344 · B of T, Northwest Sheet Metal Workers Pension Plan PY 2024 · Defined Benefit (Pension)

Northwest Sheet Metal Workers Pension Plan · $1.7B · 4,783 · 99th

  • 5500 $1.7B
  • ASSETS 4,783
  • PCT 99th
  • EIN Defined Benefit (Pension)
  • RANK near Plumbers' Pension Fund, Local 130, U.a.
  • PHOTO ind #8967

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 Construction retirement plans → · Plans in Oregon →

Northwest Sheet Metal Workers Pension Plan in the asset neighbourhood

Brightspeed Pension Plan$1.7BNorthwest Sheet Metal Workers Pension PlanNorthwest Sheet Metal Worker…$1.7BPlumbers' Pension Fund, Local 130, U.a.Plumbers' Pension Fund, Loca…$1.7BPipeline Industry Pension FundPipeline Industry Pension Fu…$1.7BNorthside Hospital, Inc. Pension PlanNorthside Hospital, Inc. Pen…$1.7B
End-of-year total assets ($B) among Northwest Sheet Metal Workers Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Oregon filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.7B
Net Income$167M
Employer EIN916061344
Plan Effective Date1965-05-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All B of T, Northwest Sheet Metal Workers Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 24.16254518727672% vs 2022
2024 filing year
$1.3B$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.36B $1.69B ▲ +24.3%
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 Scatter plot of 6 data points. 0500010000150002000025000 11.21.41.61.8 Total assets ($B) Participants Northwest Sheet Metal Workers Pension Plan, Total assets ($B): 1.692468875 · Participants: 4783Northwest Sheet Metal Workers Pension PlanXpo Pension Plan, Total assets ($B): 1.505341155 · Participants: 4421Xpo Pension PlanUa Local 290 Plumber, Steamfitter & Shipfitter Pension Plan, Total assets ($B): 1.268165627 · Participants: 3464Ua Local 290 Plumber, Steamfitter & Shipfitter Pension PlanPrecision Castparts Corp. Retirement Plan, Total assets ($B): 1.203447175 · Participants: 1890Precision Castparts Corp. Retirement PlanOregon Retail Employees Pension Plan, Total assets ($B): 1.166006256 · Participants: 21971Oregon Retail Employees Pension PlanOregon Retail Employees Pension Plan, Total assets ($B): 1.063464393 · Participants: 19775Oregon Retail Employees Pension Plan
Northwest Sheet Metal Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in Oregon, assets vs. participants

Northwest Sheet Metal Workers Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Oregon, the nearest Defined Benefit (Pension) by assets is Plumbers' Pension Fund, Local 130, U.a. in IL ($1.7B); by covered participants it is The Retirement Benefit Plan of American Airlines, Inc. for Agent, Management, Specialist, Support Personnel and Officers in TX (4,783 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.7B here).

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 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 123,622 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 Plumbers' Pension Fund, Local 130, U.a. in IL ($1.7B, 2,976 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Northwest Sheet Metal Workers Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Retirement Benefit Plan of American Airlines, Inc. for Agent, Management, Specialist, Support Personnel and Officers in TX (4,783 participants, $2.7B in assets).