Defined Benefit (Pension) · DOL Form 5500 · 2024
Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund Pension Plan
Data updated 2026-08-25
- $36M
- Total assets Below avg plan size
- 198
- Participants Below avg headcount
- 80th
- Percentile by assets National rank
- $181,884
- Avg per participant Above avg balance/head
Official DOL plan name: Sheet Metal Workers Local #20 South Bend Area Pension Fund · Sponsored by Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund · Indiana · Manufacturing
$36M in assets, 198 participants
Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund's Sheet Metal Workers Local #20 South Bend Area Pension Fund reported $36M in total assets and 198 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.
- #12,831 in Manufacturing (17,777 peers)
Coverage in Indiana
Sheet Metal Workers Local #20 South Bend Area Pension Fund covers 198 participants in Indiana, about 37% of the average Indiana filer (state average ~541 per filing). Assets: $36M.
- #12,831
- in Manufacturing (17,777 peers)
- +16.3%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
Sheet Metal Workers Local #20 South Bend Area Pension Fund's outsized position by total assets
Sheet Metal Workers Local #20 South Bend Area Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$36,012,939 Top 20% higher than 80% of 123,620 filed plans
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 #20 South Bend Area 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 Workers Local #20 South Bend Area Pension Fund sits mid-pack in the medium band (198 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers Local #20 South Bend Area Pension Fund reported net income rose from $3M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Sheet Metal Workers Local #20 South Bend Area Pension Fund end-of-year assets rose from $31M in the plan year 2023 filing to $36M in the plan year 2024 filing.
- Sheet Metal Workers Local #20 South Bend Area Pension Fund reported participants rose from 188 in the plan year 2023 filing to 198 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 356054275 · Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund PY 2024 · Defined Benefit (Pension)
Sheet Metal Workers Local #20 South Bend Area Pension Fund · $36M · 198 · 80th
- EOY $36M
- 5500 198
- ASSETS 80th
- PCT Defined Benefit (Pension)
- EIN near Pension Plan for Employees of Sun Chemical (Who Are Members of Participating Unions)
- RANK ind #12831
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 Manufacturing retirement plans → · Plans in Indiana →
Sheet Metal Workers Local #20 South Bend Area Pension Fund in the asset neighbourhood
Indiana filing particulars
| Total Assets (Beginning of Year) | $31M |
|---|---|
| Net Assets (End of Year) | $36M |
| Net Income | $5M |
| Employer EIN | 356054275 |
| Plan Effective Date | 1962-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund)
Sponsor-wide plan assets over time
All Trustees of Sheet Metal Workers Local #20 South Bend Area Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $36M 29.783451585443427% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 179 | $28M |
| 2023 | 1 | 188 | $31M |
| 2024 | 1 | 198 | $36M |
Nearby Defined Benefit (Pension) Plans in Indiana
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Lilly Retirement Plan $11.8B · 19,897
- Cummins Pension Plan $3.2B · 30,640
- Indiana Laborers Pension Fund $1.8B · 11,039
- Elevance Health Cash Balance Plan a $1.2B · 7,552
- Nisource Pension Plan $1.0B · 2,133
Sheet Metal Workers Local #20 South Bend Area Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Indiana, the nearest Defined Benefit (Pension) by assets is Pension Plan for Employees of Sun Chemical (Who Are Members of Participating Unions) in NJ ($36M); by covered participants it is National Bankshares, Inc. Retirement Income Plan in VA (198 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($36M here).
- Pension Plan for Employees of Sun Chemical (Who Are Members of Participating Unions) (NJ) $36M · 258
- Savings Bank of Danbury Trusteed Pension Plan (CT) $36M · 34
- Joint Industry Board of the Electrical Industry Employees' Retirement Income Plan (NY) $36M · 261
- The American School for the Deaf Defined Benefit Pension Plan (CT) $36M · 63
Similar participant headcount
Nearest other-state filings by covered participants (198 participants); asset peers above are excluded.
- National Bankshares, Inc. Retirement Income Plan (VA) 198 · 0 off
- Nysa-Ppgu Pension Fund & Plan (NJ) 198 · 0 off
- IBEW Local Union No. 237 Pension Plan (NY) 198 · 0 off
- Lbs Financial Credit Union Defined Benefit Pension Plan (CA) 198 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.