Defined Benefit (Pension) · DOL Form 5500 · 2024
Sheet Metal Workers Pension Fund 46 Pension Plan
Data updated 2026-08-11
- $109M
- Total assets
- 362
- Participants
- 91st
- Percentile by assets
- $300,546
- Avg per participant
Official DOL plan name: Sheet Metal Workers' Local 46 Pension Fund · Sponsored by Sheet Metal Workers Pension Fund 46 · New York · Construction
$109M in assets, 362 participants
Sheet Metal Workers Pension Fund 46's Sheet Metal Workers' Local 46 Pension Fund reported $109M in total assets and 362 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 123,622 plans)
- #8,086 in Construction (9,039 peers)
Coverage in New York
Sheet Metal Workers' Local 46 Pension Fund covers 362 participants in New York, about 45% of the average New York filer (state average ~798 per filing). Assets: $109M.
- $109M
- total plan assets (2024 EOY)
- 362
- covered participants
- 91st
- percentile by assets (of 123,622 plans)
- $300,546
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers' Local 46 Pension Fund reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Sheet Metal Workers' Local 46 Pension Fund end-of-year assets rose from $104M in the plan year 2023 filing to $109M in the plan year 2024 filing.
- Sheet Metal Workers' Local 46 Pension Fund reported participants rose from 355 in the plan year 2023 filing to 362 in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Sheet Metal Workers' Local 46 Pension Fund reports 362 participants - about 45% of that state average ($109M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $104M |
|---|---|
| Net Assets (End of Year) | $109M |
| Net Income | $5M |
| Employer EIN | 516123374 |
| Plan Effective Date | 1961-10-26 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sheet Metal Workers Pension Fund 46)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 305 | $100M |
| 2023 | 1 | 355 | $104M |
| 2024 | 1 | 362 | $109M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers' Local 46 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Sheet Metal Workers' Local 46 Pension Fund by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Sheet Metal Workers' Local 46 Pension Fund's numbers.
- By total assets, Sheet Metal Workers' Local 46 Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- Sheet Metal Workers Pension Fund 46's sponsor-wide assets have grown 9.0% since 2022 across 3 plan years on file. More Construction plans