Defined Benefit (Pension) · DOL Form 5500 · 2024

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

Data updated 2026-07-24

$49M
Total assets: 337
Participants: 84th
Percentile by assets: $146,502
Avg per participant

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.

84th percentile by assets (of 116,472 plans)

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.

$49M
total plan assets (2024 EOY): 337
covered participants: 84th
percentile by assets (of 116,472 plans): $146,502
avg assets per participant

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 →

State

Michigan

Industry

Construction

Toledo Area Sheet Metal Workers Pension Plan and Trust vs the 2024 asset distribution

By assets, Toledo Area Sheet Metal Workers Pension Plan and Trust outranks 84% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$47M
Net Assets (End of Year)	$49M
Net Income	$3M
Employer EIN	346682530
Plan Effective Date	1963-05-06
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee plans on file

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

Ford Motor Company UAW Retirement Plan $17.8B · 25,742
Ford Motor Company General Retirement Plan $12.1B · 8,585
Dow Employees' Pension Plan $10.9B · 6,888
Fca US LLC UAW Pension Agreement $10.3B · 12,752
Fca US LLC Pension Plan $3.7B · 2,267

Compare Toledo Area Sheet Metal Workers Pension … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

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

Iroquois Pipeline Operating Company Cash Balance Retirement Plan (CT) $49M · 89
Retirement Plan for the Employees of Blythedale Children's Hospital (NY) $49M · 141
Symrise Inc. Retirement Plan (NJ) $49M · 203
Genesis Alkali, LLC Union Retirement Plan (PA) $49M · 664

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 116,472 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).

Next read for Toledo Area Sheet Metal Workers Pension …

Scale reading

Ways to act on Toledo Area Sheet Metal Workers Pension Plan and Trust's numbers.

By total assets, Toledo Area Sheet Metal Workers Pension Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
Toledo Area Sheet Metal Workers Pension Plan Joint Board of Trustee's sponsor-wide assets have grown 12.2% 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 346682530.

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.