401(k) · DOL Form 5500 · 2024

The Trustees of Sheet Metal Workers' Local Union No 80 Annuity 401(k) Plan

Data updated 2026-08-25

$130M
Total assets Near avg plan size
1,656
Participants Near avg headcount
92nd
Percentile by assets National rank
$78,205
Avg per participant Below avg balance/head
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Official DOL plan name: Sheet Metal Workers Local Union No. 80 Annuity Fund · Sponsored by The Trustees of Sheet Metal Workers' Local Union No 80 Annuity · Michigan · Construction

$130M in assets, 1,656 participants

The Trustees of Sheet Metal Workers' Local Union No 80 Annuity's Sheet Metal Workers Local Union No. 80 Annuity Fund reported $130M in total assets and 1,656 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,200 in Construction (9,039 peers)

Coverage in Michigan

Sheet Metal Workers Local Union No. 80 Annuity Fund covers 1,656 participants in Michigan, 2.6x the typical Michigan plan (state average ~638 per filing). Assets: $130M.

#8,200
in Construction (9,039 peers)
+6.9%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Sheet Metal Workers Local Union No. 80 Annuity Fund's outsized position by total assets

Sheet Metal Workers Local Union No. 80 Annuity Fund vs every filed plan by assets

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

$129,507,566 Top 8% higher than 92% 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 Union No. 80 Annuity Fund's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers Local Union No. 80 Annuity Fund lands in the large band (1,656 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local Union No. 80 Annuity Fund reported net income fell from $16M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Sheet Metal Workers Local Union No. 80 Annuity Fund end-of-year assets rose from $121M in the plan year 2023 filing to $130M in the plan year 2024 filing.
  • Sheet Metal Workers Local Union No. 80 Annuity Fund reported participants fell from 1,712 in the plan year 2023 filing to 1,656 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 382941426 · The Trustees of Sheet Metal Workers' Local Union No 80 Annuity PY 2024 · 401(k)

Sheet Metal Workers Local Union No. 80 Annuity Fund · $130M · 1,656 · 92nd

  • 5500 $130M
  • 5500 1,656
  • 5500 92nd
  • 5500 401(k)
  • 5500 near Spok Holdings, Inc. Savings and Retirement Plan
  • 5500 ind #8200

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 Michigan →

Sheet Metal Workers Local Union No. 80 Annuity Fund in the asset neighbourhood

Austal USA. LLC 401(k) Plan$130MChief Industries, Inc. Thrift PlanChief Industries, Inc. Thrif…$130MSpok Holdings, Inc. Savings and Retirement PlanSpok Holdings, Inc. Savings …$130MSheet Metal Workers Local Union No. 80 Annuity FundSheet Metal Workers Local Un…$130MBhi Energy 401(k) and Profit Sharing PlanBhi Energy 401(k) and Profit…$129M
End-of-year total assets ($M) among Sheet Metal Workers Local Union No. 80 Annuity Fund and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$121M
Net Assets (End of Year)$129M
Net Income$8M
Employer EIN382941426
Plan Effective Date1990-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Trustees of Sheet Metal Workers' Local Union No 80 Annuity)

Sponsor-wide plan assets over time

All The Trustees of Sheet Metal Workers' Local Union No 80 Annuity plans reported in each filing year

Latest sponsor-wide plan assets
$130M 23.252853446167347% vs 2022
2024 filing year
$100M$110M$120M$130M$140M 202220232024 $105M $130M ▲ +23.3%
Year Plans Participants Total Assets
2022 1 1,515 $105M
2023 1 1,712 $121M
2024 1 1,656 $130M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local Union No. 80 Annuity Fund vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Sheet Metal Workers Local Union No. 80 Annuity Fund, Total assets ($B): 0.129507566 · Participants: 1656Sheet Metal Workers Local Union No. 80 Annuity FundGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Sheet Metal Workers Local Union No. 80 Annuity Fund vs. nearby 401(k) plans in Michigan, assets vs. participants

Sheet Metal Workers Local Union No. 80 Annuity Fund's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Spok Holdings, Inc. Savings and Retirement Plan in VA ($130M); by covered participants it is Compass Senior Living LLC 401(k) Profit Sharing Plan & Trust in OR (1,657 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($130M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,656 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 Union No. 80 Annuity Fund assets move in 2024?
Sheet Metal Workers Local Union No. 80 Annuity Fund grew at a solid clip - up 6.9% during 2024, from $121M to $130M. Reported net income was $8M.
How have The Trustees of Sheet Metal Workers' Local Union No 80 Annuity plan assets changed over time?
Across 3 plan years on file (2022-2024), The Trustees of Sheet Metal Workers' Local Union No 80 Annuity's sponsor-wide assets grew 23.3%, from $105M to $130M.
Where does Sheet Metal Workers Local Union No. 80 Annuity Fund rank by assets among Form 5500 filers?
Sheet Metal Workers Local Union No. 80 Annuity Fund ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Sheet Metal Workers Local Union No. 80 Annuity Fund?
Among 401(k) plans in other states, the closest by assets is Spok Holdings, Inc. Savings and Retirement Plan in VA ($130M, 386 participants).
Which 401(k) plans cover a similar participant headcount to Sheet Metal Workers Local Union No. 80 Annuity Fund?
Among 401(k) plans in other states, the closest by covered participants is Compass Senior Living LLC 401(k) Profit Sharing Plan & Trust in OR (1,657 participants, $6M in assets).