Defined Benefit (Pension) · DOL Form 5500 · 2024

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

Data updated 2026-08-11

$422M
Total assets
1,303
Participants
97th
Percentile by assets
$323,669
Avg per participant
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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.

  • 97th percentile by assets (of 123,622 plans)
  • #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.

$422M
total plan assets (2024 EOY)
1,303
covered participants
97th
percentile by assets (of 123,622 plans)
$323,669
avg assets per participant

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 →

State
Michigan
Industry
Construction

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Sheet Metal Workers Local Union No. 80 Pension Fund reports 1,303 participants - 2.0x that state average ($422M EOY assets).

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)

$300M$350M$400M$450M 202220232024 $346M $422M ▲ +21.9%
Total plan assets by year, all Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund plans on file
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

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 …General Motors Hourl…Ford Motor Company U…Ford Motor Company G…Dow Employees' Pensi…Fca US LLC UAW Pensi…
Sheet Metal Workers Local Union No. 80 Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Sheet Metal Workers Local Union No. 80 P… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sheet Metal Workers Local Union No. 80 Pension Fund by total assets, not by location.

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).

Next read for Sheet Metal Workers Local Union No. 80 P…

Filing takeaways

Ways to act on Sheet Metal Workers Local Union No. 80 Pension Fund's numbers.

  • By total assets, Sheet Metal Workers Local Union No. 80 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
  • Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund's sponsor-wide assets have grown 21.9% since 2022 across 3 plan years on file. More Construction plans

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 386105633.

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.