Defined Benefit (Pension) · DOL Form 5500 · 2023
Jt Trustees Sheet Metal Wkrs #7 Zone 1 & 5 Cities Pension Plan
Data updated 2026-08-25
- $148M
- Total assets Near avg plan size
- 637
- Participants Below avg headcount
- 93rd
- Percentile by assets National rank
- $231,813
- Avg per participant Above avg balance/head
Official DOL plan name: Sheet Metal Workers Local 7, Zone 1 Pension Plan · Sponsored by Jt Trustees Sheet Metal Wkrs #7 Zone 1 & 5 Cities · Michigan · Other Services
$148M in assets, 637 participants
Jt Trustees Sheet Metal Wkrs #7 Zone 1 & 5 Cities's Sheet Metal Workers Local 7, Zone 1 Pension Plan reported $148M in total assets and 637 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- #7,693 in Other Services (7,857 peers)
Where Sheet Metal Workers Local 7, Zone 1 Pension Plan sits by assets
Sheet Metal Workers Local 7, Zone 1 Pension Plan sits in the top 10% of all filed plans by assets, $148M for 637 participants (~$231,813/participant), up 29.5% in 2023.
- #7,693
- in Other Services (7,857 peers)
- +29.5%
- assets growth YoY
- 1.5×
- vs typical plan assets (national mean)
Sheet Metal Workers Local 7, Zone 1 Pension Plan's outsized position by total assets
Sheet Metal Workers Local 7, Zone 1 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$147,665,158 Top 7% higher than 93% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Sheet Metal Workers Local 7, Zone 1 Pension Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers Local 7, Zone 1 Pension Plan sits mid-pack in the medium band (637 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers Local 7, Zone 1 Pension Plan reported net income rose from $16M in the plan year 2022 filing to $34M in the plan year 2023 filing.
- Sheet Metal Workers Local 7, Zone 1 Pension Plan end-of-year assets rose from $114M in the plan year 2022 filing to $148M in the plan year 2023 filing.
- Sheet Metal Workers Local 7, Zone 1 Pension Plan reported participants rose from 554 in the plan year 2022 filing to 637 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 386234066 · Jt Trustees Sheet Metal Wkrs #7 Zone 1 & 5 Cities PY 2023 · Defined Benefit (Pension)
Sheet Metal Workers Local 7, Zone 1 Pension Plan · $148M · 637 · 93rd
- TYPE $148M
- TYPE 637
- TYPE 93rd
- TYPE Defined Benefit (Pension)
- TYPE near Employees Security Fund of the Elec Ind Pension Plan
- TYPE ind #7693
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 Other Services retirement plans → · Plans in Michigan →
Sheet Metal Workers Local 7, Zone 1 Pension Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $114M |
|---|---|
| Net Assets (End of Year) | $148M |
| Net Income | $34M |
| Employer EIN | 386234066 |
| Plan Effective Date | 1965-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Jt Trustees Sheet Metal Wkrs #7 Zone 1 & 5 Cities)
Sponsor-wide plan assets over time
All Jt Trustees Sheet Metal Wkrs #7 Zone 1 & 5 Cities plans reported in each filing year
- Latest sponsor-wide plan assets
- $148M 29.517239904571074% vs 2022
- 2023 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 554 | $114M |
| 2023 | 1 | 637 | $148M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
- Ford Motor Company UAW Retirement Plan $19.3B · 26,442
- Ford Motor Company General Retirement Plan $12.7B · 10,215
- Dow Employees' Pension Plan $11.5B · 14,051
- Fca US LLC UAW Pension Agreement $11.2B · 13,635
Sheet Metal Workers Local 7, Zone 1 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is Employees Security Fund of the Elec Ind Pension Plan in NY ($148M); by covered participants it is Covestro LLC Pension Plan in PA (637 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($148M here).
- Employees Security Fund of the Elec Ind Pension Plan (NY) $148M · 1,475
- Crayola LLC Employee's Retirement Plan (PA) $148M · 419
- Noble Services Company LLC Salaried Employees' Retirement Plan (TX) $147M · 120
- Brick Masons' Pension Trust Fund (CA) $148M · 655
Similar participant headcount
Nearest other-state filings by covered participants (637 participants); asset peers above are excluded.
- Covestro LLC Pension Plan (PA) 637 · 0 off
- Do It Best Corp. Restated Retirement Plan (IN) 637 · 0 off
- Froedtert South, Inc. Employees' Pension Plan (WI) 637 · 0 off
- The Terumo Retirement Plan (NJ) 638 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.