Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees - Sheet Metal Workers Local 22 Pension Fund Pension Plan

Data updated 2026-08-25

$81M
Total assets Below avg plan size
291
Participants Below avg headcount
89th
Percentile by assets National rank
$277,778
Avg per participant High balance/head
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Official DOL plan name: Sheet Metal Workers Local 22 Pension Fund · Sponsored by Board of Trustees - Sheet Metal Workers Local 22 Pension Fund · New Jersey · Construction

$81M in assets, 291 participants

Board of Trustees - Sheet Metal Workers Local 22 Pension Fund's Sheet Metal Workers Local 22 Pension Fund reported $81M in total assets and 291 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.

  • #7,865 in Construction (9,039 peers)

Coverage in New Jersey

Sheet Metal Workers Local 22 Pension Fund covers 291 participants in New Jersey, about 34% of the average New Jersey filer (state average ~844 per filing). Assets: $81M.

#7,865
in Construction (9,039 peers)
+8.7%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Sheet Metal Workers Local 22 Pension Fund's outsized position by total assets

Sheet Metal Workers Local 22 Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$80,833,257 Top 11% higher than 89% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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 Pension 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 Pension Fund sits mid-pack in the medium band (291 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local 22 Pension Fund reported net income fell from $9M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Sheet Metal Workers Local 22 Pension Fund end-of-year assets rose from $74M in the plan year 2023 filing to $81M in the plan year 2024 filing.
  • Sheet Metal Workers Local 22 Pension Fund reported participants rose from 288 in the plan year 2023 filing to 291 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 226072834 · Board of Trustees - Sheet Metal Workers Local 22 Pension Fund PY 2024 · Defined Benefit (Pension)

Sheet Metal Workers Local 22 Pension Fund · $81M · 291 · 89th

  • PCT $81M
  • EIN 291
  • RANK 89th
  • PHOTO Defined Benefit (Pension)
  • IND near Meriwest Credit Union Retirement Plan
  • EOY ind #7865

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 Pension Fund in the asset neighbourhood

Retirement Plan of Tennessee Rural Health ImprovemRetirement Plan of Tennessee…$81MMeriwest Credit Union Retirement PlanMeriwest Credit Union Retire…$81MSheet Metal Workers Local 22 Pension FundSheet Metal Workers Local 22…$81MRetirement Plan for Employees of Associated Milk Producers, Inc.Retirement Plan for Employee…$81MColumbian Mutual Life Insurance Company Pension PlanColumbian Mutual Life Insura…$81M
End-of-year total assets ($M) among Sheet Metal Workers Local 22 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$81M
Net Income$6M
Employer EIN226072834
Plan Effective Date1953-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Sheet Metal Workers Local 22 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees - Sheet Metal Workers Local 22 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$81M 22.893086501753213% vs 2022
2024 filing year
$60M$65M$70M$75M$80M$85M 202220232024 $65.8M $80.8M ▲ +22.9%
Year Plans Participants Total Assets
2022 1 271 $66M
2023 1 288 $74M
2024 1 291 $81M

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local 22 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Sheet Metal Workers Local 22 Pension Fund, Total assets ($B): 0.080833257 · Participants: 291Sheet Metal Workers Local 22 Pension FundRetirement Plan of Johnson and Johnson, Total assets ($B): 21.095569114 · Participants: 37882Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.066557714 · Participants: 83812JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 12.855309 · Participants: 7280Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.025028912 · Participants: 16233The Prudential Merged Retirement PlanMerck US Pension Plan, Total assets ($B): 10.090083286 · Participants: 26843Merck US Pension Plan
Sheet Metal Workers Local 22 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Sheet Metal Workers Local 22 Pension Fund side-by-side with 3 peers →

Sheet Metal Workers Local 22 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Meriwest Credit Union Retirement Plan in CA ($81M); by covered participants it is Plumbers & Pipefitters Local 152 Pension Tr Fund in WV (291 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (291 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.

Frequently Asked Questions

How did Sheet Metal Workers Local 22 Pension Fund assets move in 2024? ▼
Sheet Metal Workers Local 22 Pension Fund grew at a solid clip - up 8.7% during 2024, from $74M to $81M. Reported net income was $6M.
How have Board of Trustees - Sheet Metal Workers Local 22 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees - Sheet Metal Workers Local 22 Pension Fund's sponsor-wide assets grew 22.9%, from $66M to $81M.
Where does Sheet Metal Workers Local 22 Pension Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local 22 Pension Fund ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local 22 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Meriwest Credit Union Retirement Plan in CA ($81M, 204 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local 22 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Plumbers & Pipefitters Local 152 Pension Tr Fund in WV (291 participants, $76M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 226072834.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.