Defined Benefit (Pension) · DOL Form 5500 · 2024

Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee Pension Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
337
Participants Below avg headcount
84th
Percentile by assets National rank
$146,502
Avg per participant Above avg balance/head
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Official DOL plan name: Toledo Area Sheet Metal Workers Pension Plan and Trust · Sponsored by Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee · Michigan · Construction

$49M in assets, 337 participants

Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee's Toledo Area Sheet Metal Workers Pension Plan and Trust reported $49M in total assets and 337 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,431 in Construction (9,039 peers)

Where Toledo Area Sheet Metal Workers Pension Plan and Trust sits by assets

Toledo Area Sheet Metal Workers Pension Plan and Trust sits in the top quartile of all filed plans by assets, $49M for 337 participants (~$146,502/participant), up 6.1% in 2024.

#7,431
in Construction (9,039 peers)
+6.1%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Toledo Area Sheet Metal Workers Pension Plan and Trust's outsized position by total assets

Toledo Area Sheet Metal Workers Pension Plan and Trust vs every filed plan by assets

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

$49,371,293 Top 16% higher than 84% 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

Toledo Area Sheet Metal Workers Pension Plan and Trust 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. Toledo Area Sheet Metal Workers Pension Plan and Trust sits mid-pack in the medium band (337 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Toledo Area Sheet Metal Workers Pension Plan and Trust reported net income rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Toledo Area Sheet Metal Workers Pension Plan and Trust end-of-year assets rose from $47M in the plan year 2023 filing to $49M in the plan year 2024 filing.
  • Toledo Area Sheet Metal Workers Pension Plan and Trust reported participants rose from 325 in the plan year 2023 filing to 337 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 346682530 · Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee PY 2024 · Defined Benefit (Pension)

Toledo Area Sheet Metal Workers Pension Plan and Trust · $49M · 337 · 84th

  • EBSA $49M
  • EBSA 337
  • EBSA 84th
  • EBSA Defined Benefit (Pension)
  • EBSA near Iroquois Pipeline Operating Company Cash Balance Retirement Plan
  • EBSA ind #7431

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 →

Toledo Area Sheet Metal Workers Pension Plan and Trust in the asset neighbourhood

Retirement Plan for the Employees of Blythedale Children's HospitalRetirement Plan for the Empl…$49MToledo Area Sheet Metal Workers Pension Plan and TrustToledo Area Sheet Metal Work…$49MIroquois Pipeline Operating Company Cash Balance Retirement PlanIroquois Pipeline Operating …$49MSymrise Inc. Retirement Plan$49MGenesis Alkali, LLC Union Retirement PlanGenesis Alkali, LLC Union Re…$49M
End-of-year total assets ($M) among Toledo Area Sheet Metal Workers Pension Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$49M
Net Income$3M
Employer EIN346682530
Plan Effective Date1963-05-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee)

Sponsor-wide plan assets over time

All Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee plans reported in each filing year

Latest sponsor-wide plan assets
$49M 12.159502765441957% vs 2022
2024 filing year
$42M$44M$46M$48M$50M 202220232024 $44M $49.4M ▲ +12.2%
Year Plans Participants Total Assets
2022 1 321 $44M
2023 1 325 $47M
2024 1 337 $49M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Toledo Area Sheet Metal Workers Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Toledo Area Sheet Metal Workers Pension Plan and Trust, Total assets ($B): 0.049371293 · Participants: 337Toledo Area Sheet Metal Workers Pension Plan and TrustGeneral 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
Toledo Area Sheet Metal Workers Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Iroquois Pipeline Operating Company Cash Balance Retirement Plan in CT ($49M); by covered participants it is Bristol-Myers Squibb Puerto Rico Inc, Retirement Income Plan in PR (337 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (337 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 Toledo Area Sheet Metal Workers Pension Plan and Trust assets move in 2024?
Toledo Area Sheet Metal Workers Pension Plan and Trust grew at a solid clip - up 6.1% during 2024, from $47M to $49M. Reported net income was $3M.
How have Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee plan assets changed over time?
Across 3 plan years on file (2022-2024), Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee's sponsor-wide assets grew 12.2%, from $44M to $49M.
Where does Toledo Area Sheet Metal Workers Pension Plan and Trust rank by assets among Form 5500 filers?
Toledo Area Sheet Metal Workers Pension Plan and Trust ranks in the 84th 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 Toledo Area Sheet Metal Workers Pension Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Iroquois Pipeline Operating Company Cash Balance Retirement Plan in CT ($49M, 89 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Toledo Area Sheet Metal Workers Pension Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Bristol-Myers Squibb Puerto Rico Inc, Retirement Income Plan in PR (337 participants, N/A in assets).