Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees Sheet Metal Workers Local No. 71 Pension Plan Pension Plan
Data updated 2026-08-25
- $64M
- Total assets Below avg plan size
- 320
- Participants Below avg headcount
- 87th
- Percentile by assets National rank
- $199,039
- Avg per participant Above avg balance/head
Official DOL plan name: Sheet Metal Workers Local Union No 71 Pension Plan · Sponsored by Board of Trustees Sheet Metal Workers Local No. 71 Pension Plan · New York · Construction
$64M in assets, 320 participants
Board of Trustees Sheet Metal Workers Local No. 71 Pension Plan's Sheet Metal Workers Local Union No 71 Pension Plan reported $64M in total assets and 320 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.
- #7,665 in Construction (9,039 peers)
Coverage in New York
Sheet Metal Workers Local Union No 71 Pension Plan covers 320 participants in New York, about 40% of the average New York filer (state average ~798 per filing). Assets: $64M.
- #7,665
- in Construction (9,039 peers)
- +7.5%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Sheet Metal Workers Local Union No 71 Pension Plan's outsized position by total assets
Sheet Metal Workers Local Union No 71 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$63,692,373 Top 13% higher than 87% 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 Union No 71 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 Union No 71 Pension Plan sits mid-pack in the medium band (320 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers Local Union No 71 Pension Plan reported net income fell from $6M in the plan year 2023 filing to $4M in the plan year 2024 filing.
- Sheet Metal Workers Local Union No 71 Pension Plan end-of-year assets rose from $59M in the plan year 2023 filing to $64M in the plan year 2024 filing.
- Sheet Metal Workers Local Union No 71 Pension Plan reported participants rose from 313 in the plan year 2023 filing to 320 in the plan year 2024 filing.
DOL schedule card
Filing strip 166051585 · Board of Trustees Sheet Metal Workers Local No. 71 Pension Plan PY 2024 · Defined Benefit (Pension)
Sheet Metal Workers Local Union No 71 Pension Plan · $64M · 320 · 87th
- IND $64M
- EOY 320
- 5500 87th
- ASSETS Defined Benefit (Pension)
- PCT near Operative Plasterers and Cement Masons Local 204 Pension Fd
- EIN ind #7665
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 New York →
Sheet Metal Workers Local Union No 71 Pension Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $59M |
|---|---|
| Net Assets (End of Year) | $64M |
| Net Income | $4M |
| Employer EIN | 166051585 |
| Plan Effective Date | 1963-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Sheet Metal Workers Local No. 71 Pension Plan)
Sponsor-wide plan assets over time
All Board of Trustees Sheet Metal Workers Local No. 71 Pension Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $64M 20.469874016736046% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 315 | $53M |
| 2023 | 1 | 313 | $59M |
| 2024 | 1 | 320 | $64M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Sheet Metal Workers Local Union No 71 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Operative Plasterers and Cement Masons Local 204 Pension Fd in WI ($64M); by covered participants it is Campus USA Credit Union Retirement Plan in FL (320 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($64M here).
- Operative Plasterers and Cement Masons Local 204 Pension Fd (WI) $64M · 297
- Non-Contributory Retirement Program for Certain Employees of National Account Service Company (GA) $64M · 80
- First Financial Corporation Employees' Pension Plan (IN) $64M · 205
- Rsr North America Corp. Retirement Income Pension Plan (TX) $64M · 171
Similar participant headcount
Nearest other-state filings by covered participants (320 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.