Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Sheet Metal Workers Local Pension Plan Pension Plan

Data updated 2026-08-25

$80M
Total assets Below avg plan size
670
Participants Below avg headcount
89th
Percentile by assets National rank
$120,085
Avg per participant Near avg balance/head
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Official DOL plan name: Sheet Metal Workers Local Pension Plan · Sponsored by Board of Trustees Sheet Metal Workers Local Pension Plan · Ohio · Construction

$80M in assets, 670 participants

Board of Trustees Sheet Metal Workers Local Pension Plan's Sheet Metal Workers Local Pension Plan reported $80M in total assets and 670 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,858 in Construction (9,039 peers)

Where Sheet Metal Workers Local Pension Plan sits by assets

Sheet Metal Workers Local Pension Plan sits in the top quartile of all filed plans by assets, $80M for 670 participants (~$120,085/participant), up 0.1% in 2024.

#7,858
in Construction (9,039 peers)
+0.1%
assets growth YoY
0.8×
vs typical plan assets (national mean)

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

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

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

$80,457,136 Top 11% higher than 89% 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 Workers Local Pension Plan 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 Workers Local Pension Plan sits mid-pack in the medium band (670 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local Pension Plan reported net income fell from $2M in the plan year 2023 filing to $381K in the plan year 2024 filing.
  • Sheet Metal Workers Local Pension Plan reported participants rose from 663 in the plan year 2023 filing to 670 in the plan year 2024 filing.
  • Sheet Metal Workers Local Pension Plan end-of-year assets rose from $80M in the plan year 2023 filing to $80M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 346666753 · Board of Trustees Sheet Metal Workers Local Pension Plan PY 2024 · Defined Benefit (Pension)

Sheet Metal Workers Local Pension Plan · $80M · 670 · 89th

  • PART $80M
  • PART 670
  • PART 89th
  • PART Defined Benefit (Pension)
  • PART near Flexco Pension Plan
  • PART ind #7858

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 Ohio →

Sheet Metal Workers Local Pension Plan in the asset neighbourhood

IBEW Local No. 143 Pension PlanIBEW Local No. 143 Pension P…$80MSheet Metal Workers Local Pension PlanSheet Metal Workers Local Pe…$80MFlexco Pension Plan$80MMajor League Baseball Pension Plan for Non-Uniformed PersonnelMajor League Baseball Pensio…$80MFirst Merchants Corporation Retirement Pension PlanFirst Merchants Corporation …$80M
End-of-year total assets ($M) among Sheet Metal Workers Local Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$80M
Net Assets (End of Year)$80M
Net Income$381K
Employer EIN346666753
Plan Effective Date1961-05-18
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Sheet Metal Workers Local Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees Sheet Metal Workers Local Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$80M 2.404057086171983% vs 2022
2024 filing year
$78M$79M$80M$81M 202220232024 $78.6M $80.5M ▲ +2.4%
Year Plans Participants Total Assets
2022 1 694 $79M
2023 1 663 $80M
2024 1 670 $80M

Nearby Defined Benefit (Pension) Plans in Ohio

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

Sheet Metal Workers Local Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants Sheet Metal Workers Local Pension Plan, Total assets ($B): 0.080457136 · Participants: 670Sheet Metal Workers Local Pension PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
Sheet Metal Workers Local Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Sheet Metal Workers Local Pension Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Flexco Pension Plan in IL ($80M); by covered participants it is One Gas, Inc. Retirement Plan in OK (670 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (670 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 Workers Local Pension Plan assets move in 2024? ▼
Sheet Metal Workers Local Pension Plan held essentially flat - up 0.1% during 2024, from $80M to $80M. Reported net income was $381K.
How have Board of Trustees Sheet Metal Workers Local Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Sheet Metal Workers Local Pension Plan's sponsor-wide assets grew 2.4%, from $79M to $80M.
Where does Sheet Metal Workers Local Pension Plan rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local Pension Plan ranks in the 89th 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 Workers Local Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Flexco Pension Plan in IL ($80M, 436 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is One Gas, Inc. Retirement Plan in OK (670 participants, $726M 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 346666753.

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.