Money Purchase · DOL Form 5500 · 2024
Board of Trustees, Sheet Metal Workers' Local 206 Money Purchase Plan
Data updated 2026-08-11
- $62M
- Total assets
- 1,260
- Participants
- 86th
- Percentile by assets
- $48,942
- Avg per participant
Official DOL plan name: Sheet Metal Workers' Local 206 Section 401(a) Plan · Sponsored by Board of Trustees, Sheet Metal Workers' Local 206 · California · Construction
$62M in assets, 1,260 participants
Board of Trustees, Sheet Metal Workers' Local 206's Sheet Metal Workers' Local 206 Section 401(a) Plan reported $62M in total assets and 1,260 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.
- 86th percentile by assets (of 123,622 plans)
- #7,638 in Construction (9,039 peers)
Where Sheet Metal Workers' Local 206 Section 401(a) Plan sits by assets
Sheet Metal Workers' Local 206 Section 401(a) Plan sits in the top quartile of all filed plans by assets, $62M for 1,260 participants (~$48,942/participant), up 11.2% in 2024.
- $62M
- total plan assets (2024 EOY)
- 1,260
- covered participants
- 86th
- percentile by assets (of 123,622 plans)
- $48,942
- avg assets per participant
Where Sheet Metal Workers' Local 206 Section 401(a) Plan sits by total assets
Sheet Metal Workers' Local 206 Section 401(a) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$61,667,286 Top 14% higher than 86% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers' Local 206 Section 401(a) Plan reported participants rose from 1,021 in the plan year 2023 filing to 1,260 in the plan year 2024 filing.
- Sheet Metal Workers' Local 206 Section 401(a) Plan end-of-year assets rose from $55M in the plan year 2023 filing to $62M in the plan year 2024 filing.
- Sheet Metal Workers' Local 206 Section 401(a) Plan reported net income fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.
Sheet Metal Workers' Local 206 Section 401(a) Plan vs the 2024 asset distribution
By assets, Sheet Metal Workers' Local 206 Section 401(a) Plan outranks 86% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $55M |
|---|---|
| Net Assets (End of Year) | $62M |
| Net Income | $6M |
| Employer EIN | 330614939 |
| Plan Effective Date | 1994-08-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Sheet Metal Workers' Local 206)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 971 | $49M |
| 2023 | 1 | 1,021 | $55M |
| 2024 | 1 | 1,260 | $62M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers' Local 206 Section 401(a) Plan vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.9B · 18,550
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.7B · 37,013
- University of Southern California Defined Contribution Retirement Plan $5.0B · 19,806
- Carpenters Annuity Trust Fund for Northern California $3.5B · 24,741
- Directors Guild of America - Producer Pension Plan Supplemental Benefit Plan $2.3B · 23,032
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Sheet Metal Workers' Local 206 Section 401(a) Plan by total assets, not by location.
- Faith Regional Health Services Employees Retirement Plan (NE) $62M · 1,381
- Operating Eng. Local 474 Defined Contribution (TN) $61M · 294
- Flagler Hospital Money Accumulation Plan and Trust (FL) $61M · 1,753
- Local 338 Annuity Fund (NY) $61M · 6,724
Frequently Asked Questions
How did Sheet Metal Workers' Local 206 Section 401(a) Plan assets move in 2024? ▼
How have Board of Trustees, Sheet Metal Workers' Local 206 plan assets changed over time? ▼
Where does Sheet Metal Workers' Local 206 Section 401(a) Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Sheet Metal Workers' Local 206 Section 401(a) Plan? ▼
Next read for Sheet Metal Workers' Local 206 Section 4…
Scale reading
Ways to act on Sheet Metal Workers' Local 206 Section 401(a) Plan's numbers.
- By total assets, Sheet Metal Workers' Local 206 Section 401(a) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- Board of Trustees, Sheet Metal Workers' Local 206's sponsor-wide assets have grown 26.3% since 2022 across 3 plan years on file. More Construction plans