Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund Pension Plan

Data updated 2026-08-25

$422M
Total assets Above avg plan size
1,303
Participants Near avg headcount
97th
Percentile by assets National rank
$323,669
Avg per participant High balance/head
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Official DOL plan name: Sheet Metal Workers Local Union No. 80 Pension Fund · Sponsored by Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund · Michigan · Construction

$422M in assets, 1,303 participants

Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund's Sheet Metal Workers Local Union No. 80 Pension Fund reported $422M in total assets and 1,303 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,709 in Construction (9,039 peers)

Coverage in Michigan

Sheet Metal Workers Local Union No. 80 Pension Fund covers 1,303 participants in Michigan, 2.0x the typical Michigan plan (state average ~638 per filing). Assets: $422M.

#8,709
in Construction (9,039 peers)
+7.3%
assets growth YoY
4.2×
vs typical plan assets (national mean)

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

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

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

$421,740,978 Top 3% higher than 97% 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 Pension 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 Pension Fund lands in the large band (1,303 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local Union No. 80 Pension Fund reported net income fell from $47M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Sheet Metal Workers Local Union No. 80 Pension Fund reported participants rose from 1,202 in the plan year 2023 filing to 1,303 in the plan year 2024 filing.
  • Sheet Metal Workers Local Union No. 80 Pension Fund end-of-year assets rose from $393M in the plan year 2023 filing to $422M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 386105633 · Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund PY 2024 · Defined Benefit (Pension)

Sheet Metal Workers Local Union No. 80 Pension Fund · $422M · 1,303 · 97th

  • SCH $422M
  • SCH 1,303
  • SCH 97th
  • SCH Defined Benefit (Pension)
  • SCH near Los Angeles Hotel-Restaurant Employer-Union Retirement Fund
  • SCH ind #8709

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 Pension Fund in the asset neighbourhood

California Teachers Association Employees Retirement Benefits PlanCalifornia Teachers Associat…$422MAllete & Affiliated Companies Retirement Plan CAllete & Affiliated Companie…$422MSheet Metal Workers Local Union No. 80 Pension FundSheet Metal Workers Local Un…$422MLos Angeles Hotel-Restaurant Employer-Union Retirement FundLos Angeles Hotel-Restaurant…$422MConsolidated Communications Retirement PlanConsolidated Communications …$421M
End-of-year total assets ($M) among Sheet Metal Workers Local Union No. 80 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$393M
Net Assets (End of Year)$418M
Net Income$26M
Employer EIN386105633
Plan Effective Date1968-08-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$422M 21.93534977535414% vs 2022
2024 filing year
$300M$350M$400M$450M 202220232024 $346M $422M ▲ +21.9%
Year Plans Participants Total Assets
2022 1 1,221 $346M
2023 1 1,202 $393M
2024 1 1,303 $422M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Sheet Metal Workers Local Union No. 80 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Sheet Metal Workers Local Union No. 80 Pension Fund, Total assets ($B): 0.421740978 · Participants: 1303Sheet Metal Workers Local Union No. 80 Pension FundGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
Sheet Metal Workers Local Union No. 80 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Sheet Metal Workers Local Union No. 80 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Los Angeles Hotel-Restaurant Employer-Union Retirement Fund in CA ($422M); by covered participants it is Amalgamated Transit Workers Local 854 Pension Fund in NY (1,304 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,303 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 Pension Fund assets move in 2024? ▼
Sheet Metal Workers Local Union No. 80 Pension Fund grew at a solid clip - up 7.3% during 2024, from $393M to $422M. Reported net income was $26M.
How have Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund's sponsor-wide assets grew 21.9%, from $346M to $422M.
Where does Sheet Metal Workers Local Union No. 80 Pension Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local Union No. 80 Pension Fund ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local Union No. 80 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Los Angeles Hotel-Restaurant Employer-Union Retirement Fund in CA ($422M, 14,440 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sheet Metal Workers Local Union No. 80 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Amalgamated Transit Workers Local 854 Pension Fund in NY (1,304 participants, $20M in assets).