Defined Benefit (Pension) · DOL Form 5500 · 2024
Sheet Metal Workers Local Union No. 268 Pension Plan
Data updated 2026-08-25
- $65M
- Total assets Below avg plan size
- 361
- Participants Below avg headcount
- 87th
- Percentile by assets National rank
- $179,472
- Avg per participant Above avg balance/head
Official DOL plan name: Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement · Sponsored by Sheet Metal Workers Local Union No. 268 · Illinois · Construction
$65M in assets, 361 participants
Sheet Metal Workers Local Union No. 268's Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement reported $65M in total assets and 361 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.
- #7,681 in Construction (9,039 peers)
Coverage in Illinois
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement covers 361 participants in Illinois, about 46% of the average Illinois filer (state average ~779 per filing). Assets: $65M.
- #7,681
- in Construction (9,039 peers)
- +8.1%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement's outsized position by total assets
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$64,789,451 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
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement 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. Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement sits mid-pack in the medium band (361 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement reported net income fell from $8M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement end-of-year assets rose from $60M in the plan year 2023 filing to $65M in the plan year 2024 filing.
- Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement reported participants rose from 351 in the plan year 2023 filing to 361 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 370557803 · Sheet Metal Workers Local Union No. 268 PY 2024 · Defined Benefit (Pension)
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement · $65M · 361 · 87th
- PHOTO $65M
- PHOTO 361
- PHOTO 87th
- PHOTO Defined Benefit (Pension)
- PHOTO near Retail Clerks Specialty Stores Pension Fund
- PHOTO ind #7681
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 Illinois →
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $60M |
|---|---|
| Net Assets (End of Year) | $65M |
| Net Income | $5M |
| Employer EIN | 370557803 |
| Plan Effective Date | 1960-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sheet Metal Workers Local Union No. 268)
Sponsor-wide plan assets over time
All Sheet Metal Workers Local Union No. 268 plans reported in each filing year
- Latest sponsor-wide plan assets
- $65M 24.616091095346064% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 349 | $52M |
| 2023 | 1 | 351 | $60M |
| 2024 | 1 | 361 | $65M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
- State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
- GE Healthcare Pension Plan $13.7B · 5,554
- Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.2B · 20,984
Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Illinois, the nearest Defined Benefit (Pension) by assets is Retail Clerks Specialty Stores Pension Fund in CA ($65M); by covered participants it is Pension Fund Local 445 in NY (361 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($65M here).
Similar participant headcount
Nearest other-state filings by covered participants (361 participants); asset peers above are excluded.
- Pension Fund Local 445 (NY) 361 · 0 off
- Lennox Industries Inc Pension Plan for Bu Ees - Lennox Mfg Inc (TX) 361 · 0 off
- Energizer Holdings, Inc. Retirement Plan (MO) 361 · 0 off
- Iuoe Local 295-295b,C Pension Fund (NY) 362 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.