Profit Sharing · DOL Form 5500 · 2024
Sheet Metal Workers Local 22 Annuity Fund Profit Sharing Plan
Data updated 2026-08-25
- $83M
- Total assets Below avg plan size
- 241
- Participants Below avg headcount
- 89th
- Percentile by assets National rank
- $343,251
- Avg per participant High balance/head
Official DOL plan name: Sheet Metal Workers Local 22 - Annuity Fund · Sponsored by Sheet Metal Workers Local 22 Annuity Fund · New Jersey · Construction
$83M in assets, 241 participants
Sheet Metal Workers Local 22 Annuity Fund's Sheet Metal Workers Local 22 - Annuity Fund reported $83M in total assets and 241 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.
- #7,884 in Construction (9,039 peers)
Coverage in New Jersey
Sheet Metal Workers Local 22 - Annuity Fund covers 241 participants in New Jersey, about 29% of the average New Jersey filer (state average ~844 per filing). Assets: $83M.
- #7,884
- in Construction (9,039 peers)
- +6.6%
- assets growth YoY
- 0.8×
- vs typical plan assets (national mean)
Sheet Metal Workers Local 22 - Annuity Fund's outsized position by total assets
Sheet Metal Workers Local 22 - Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$82,723,568 Top 11% higher than 89% 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 22 - Annuity 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 22 - Annuity Fund sits mid-pack in the medium band (241 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers Local 22 - Annuity Fund reported net income fell from $7M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Sheet Metal Workers Local 22 - Annuity Fund end-of-year assets rose from $78M in the plan year 2023 filing to $83M in the plan year 2024 filing.
DOL schedule card
Filing strip 227375195 · Sheet Metal Workers Local 22 Annuity Fund PY 2024 · Profit Sharing
Sheet Metal Workers Local 22 - Annuity Fund · $83M · 241 · 89th
- PCT $83M
- PCT 241
- PCT 89th
- PCT Profit Sharing
- PCT near Teamsters Local 25 Investment Plan
- PCT ind #7884
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 Jersey →
Sheet Metal Workers Local 22 - Annuity Fund in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $78M |
|---|---|
| Net Assets (End of Year) | $83M |
| Net Income | $5M |
| Employer EIN | 227375195 |
| Plan Effective Date | 1974-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sheet Metal Workers Local 22 Annuity Fund)
Sponsor-wide plan assets over time
All Sheet Metal Workers Local 22 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $83M 16.969088900294643% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 239 | $71M |
| 2023 | 1 | 240 | $78M |
| 2024 | 1 | 241 | $83M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,666
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.6B · 8,865
- Operating Engineers Local 825 Profit Sharing Fund $1.5B · 10,365
- IBEW Local Union No 102 Surety Plan $685M · 2,382
- Kpmg Partner Retirement Savings Plan $524M · 1,704
Sheet Metal Workers Local 22 - Annuity Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New Jersey, the nearest Profit Sharing by assets is Teamsters Local 25 Investment Plan in MA ($83M); by covered participants it is Friedman Industries, Inc. Employees' Retirement & 401(k) Plan in TX (241 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($83M here).
- Teamsters Local 25 Investment Plan (MA) $83M · 1,222
- Avantus Frozen Retirement Plan (VA) $83M · 582
- Operating Engineers Local No 37 Severance & Annuity Fund (MD) $83M · 3,978
- Smart Local 137 Annuity Fund (NY) $82M · 283
Similar participant headcount
Nearest other-state filings by covered participants (241 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.