Money Purchase · DOL Form 5500 · 2024
Sheet Metal Workers Unions Local 24 Money Purchase Plan
Data updated 2026-08-11
- $61M
- Total assets
- 423
- Participants
- 86th
- Percentile by assets
- $143,502
- Avg per participant
Official DOL plan name: Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust · Sponsored by Sheet Metal Workers Unions Local 24 · Ohio · Construction
$61M in assets, 423 participants
Sheet Metal Workers Unions Local 24's Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust reported $61M in total assets and 423 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.
- 86th percentile by assets (of 123,622 plans)
- #7,621 in Construction (9,039 peers)
Where Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust sits by assets
Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust sits in the top quartile of all filed plans by assets, $61M for 423 participants (~$143,502/participant), up 14.4% in 2024.
- $61M
- total plan assets (2024 EOY)
- 423
- covered participants
- 86th
- percentile by assets (of 123,622 plans)
- $143,502
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust end-of-year assets rose from $53M in the plan year 2023 filing to $61M in the plan year 2024 filing.
- Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust reported net income fell from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust reported participants rose from 416 in the plan year 2023 filing to 423 in the plan year 2024 filing.
Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust vs the 2024 asset distribution
By assets, Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust outranks 86% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $53M |
|---|---|
| Net Assets (End of Year) | $61M |
| Net Income | $8M |
| Employer EIN | 311484966 |
| Plan Effective Date | 1996-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sheet Metal Workers Unions Local 24)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 386 | $45M |
| 2023 | 1 | 416 | $53M |
| 2024 | 1 | 423 | $61M |
Nearby Money Purchase Plans in Ohio
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust vs. nearby Money Purchase plans in Ohio, assets vs. participants
- The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan $1.7B · 47,538
- The Cleveland Clinic Foundation Cash Balance Plan $1.6B · 4,957
- Iron Workers District Council of So Oh & Vicinity Annuity Trust $533M · 7,205
- University of Dayton Defined Contribution Retirement Plan $382M · 3,130
- Northwestern Ohio Plumbers and Pipefitters Retirement and Trust $376M · 2,118
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust by total assets, not by location.
- Indiana Members Credit Union Pension Plan (IN) $61M · 410
- Monroe Plumbers & Pipefitters Local 671 Retirement Plan and Trust (MI) $61M · 292
- Local 338 Annuity Fund (NY) $61M · 6,724
- Cement Masons' Local 502 and Plasterers' Area 5 an (IL) $60M · 2,237
Frequently Asked Questions
How did Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust assets move in 2024? ▼
How have Sheet Metal Workers Unions Local 24 plan assets changed over time? ▼
Where does Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust? ▼
Next read for Sheet Metal Workers Local 24 Cincinnati …
Scale reading
Ways to act on Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust's numbers.
- By total assets, Sheet Metal Workers Local 24 Cincinnati Area Retirement Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Ohio. Compare plans
- Sheet Metal Workers Unions Local 24's sponsor-wide assets have grown 35.1% since 2022 across 3 plan years on file. More Construction plans