Defined Benefit (Pension) · DOL Form 5500 · 2024

Sheet Metal 7 Zone 3 Pension Fund Pension Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
189
Participants Below avg headcount
87th
Percentile by assets National rank
$347,058
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sheet Metal 7 Zone 3 Pension Fund · Sponsored by Sheet Metal 7 Zone 3 Pension Fund · Michigan · Construction

$66M in assets, 189 participants

Sheet Metal 7 Zone 3 Pension Fund's Sheet Metal 7 Zone 3 Pension Fund reported $66M in total assets and 189 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.

  • #7,692 in Construction (9,039 peers)

Coverage in Michigan

Sheet Metal 7 Zone 3 Pension Fund covers 189 participants in Michigan, about 30% of the average Michigan filer (state average ~638 per filing). Assets: $66M.

#7,692
in Construction (9,039 peers)
+5.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Sheet Metal 7 Zone 3 Pension Fund's outsized position by total assets

Sheet Metal 7 Zone 3 Pension Fund vs every filed plan by assets

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

$65,593,993 Top 13% higher than 87% 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 7 Zone 3 Pension 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 7 Zone 3 Pension Fund sits mid-pack in the medium band (189 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal 7 Zone 3 Pension Fund reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Sheet Metal 7 Zone 3 Pension Fund end-of-year assets rose from $62M in the plan year 2023 filing to $66M in the plan year 2024 filing.
  • Sheet Metal 7 Zone 3 Pension Fund reported participants fell from 191 in the plan year 2023 filing to 189 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 386237161 · Sheet Metal 7 Zone 3 Pension Fund PY 2024 · Defined Benefit (Pension)

Sheet Metal 7 Zone 3 Pension Fund · $66M · 189 · 87th

  • EOY $66M
  • 5500 189
  • ASSETS 87th
  • PCT Defined Benefit (Pension)
  • EIN near Earle M. Jorgensen Hourly Employees Pension Plan
  • RANK ind #7692

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 Michigan →

Sheet Metal 7 Zone 3 Pension Fund in the asset neighbourhood

Essendant Pension Plan$66MConmed Corporation Retirement Pension PlanConmed Corporation Retiremen…$66MPearson Inc. Pension Plan$66MEarle M. Jorgensen Hourly Employees Pension PlanEarle M. Jorgensen Hourly Em…$66MSheet Metal 7 Zone 3 Pension FundSheet Metal 7 Zone 3 Pension…$66M
End-of-year total assets ($M) among Sheet Metal 7 Zone 3 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$65M
Net Income$3M
Employer EIN386237161
Plan Effective Date1964-06-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal 7 Zone 3 Pension Fund)

Sponsor-wide plan assets over time

All Sheet Metal 7 Zone 3 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$66M 9.162339963921871% vs 2022
2024 filing year
$58M$60M$62M$64M$66M$68M 202220232024 $60.1M $65.6M ▲ +9.2%
Year Plans Participants Total Assets
2022 1 190 $60M
2023 1 191 $62M
2024 1 189 $66M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Sheet Metal 7 Zone 3 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Sheet Metal 7 Zone 3 Pension Fund, Total assets ($B): 0.065593993 · Participants: 189Sheet Metal 7 Zone 3 Pension FundGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
Sheet Metal 7 Zone 3 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Sheet Metal 7 Zone 3 Pension Fund side-by-side with 3 peers →

Sheet Metal 7 Zone 3 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Earle M. Jorgensen Hourly Employees Pension Plan in AZ ($66M); by covered participants it is Pension Plan for Eligible Employees of Suburban Propane L.P. and Subsidiaries in NJ (189 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($66M here).

Similar participant headcount

Nearest other-state filings by covered participants (189 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 7 Zone 3 Pension Fund assets move in 2024? ▼
Sheet Metal 7 Zone 3 Pension Fund grew at a solid clip - up 5.2% during 2024, from $62M to $66M. Reported net income was $3M.
How have Sheet Metal 7 Zone 3 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sheet Metal 7 Zone 3 Pension Fund's sponsor-wide assets grew 9.2%, from $60M to $66M.
Where does Sheet Metal 7 Zone 3 Pension Fund rank by assets among Form 5500 filers? ▼
Sheet Metal 7 Zone 3 Pension Fund ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal 7 Zone 3 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Earle M. Jorgensen Hourly Employees Pension Plan in AZ ($66M, 231 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal 7 Zone 3 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Eligible Employees of Suburban Propane L.P. and Subsidiaries in NJ (189 participants, $52M in assets).

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 386237161.

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.