Money Purchase · DOL Form 5500 · 2024
Board of Trustees, Sheet Metal Workers' Local 206 Money Purchase Plan
Data updated 2026-08-25
- $62M
- Total assets Below avg plan size
- 1,260
- Participants Near avg headcount
- 86th
- Percentile by assets National rank
- $48,942
- Avg per participant Low balance/head
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.
- #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.
- #7,638
- in Construction (9,039 peers)
- +11.2%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Sheet Metal Workers' Local 206 Section 401(a) Plan's outsized position 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
Sheet Metal Workers' Local 206 Section 401(a) Plan'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 206 Section 401(a) Plan lands in the large band (1,260 participants).
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.
Form 5500 schedule snapshot
Filing strip 330614939 · Board of Trustees, Sheet Metal Workers' Local 206 PY 2024 · Money Purchase
Sheet Metal Workers' Local 206 Section 401(a) Plan · $62M · 1,260 · 86th
- PCT $62M
- EIN 1,260
- RANK 86th
- PHOTO Money Purchase
- IND near Faith Regional Health Services Employees Retirement Plan
- EOY ind #7638
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 California →
Sheet Metal Workers' Local 206 Section 401(a) Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Board of Trustees, Sheet Metal Workers' Local 206 plans reported in each filing year
- Latest sponsor-wide plan assets
- $62M 26.289188387403883% vs 2022
- 2024 filing year
| 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.
- 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
Sheet Metal Workers' Local 206 Section 401(a) Plan's out-of-state Money Purchase peers by assets and headcount
Outside California, the nearest Money Purchase by assets is Faith Regional Health Services Employees Retirement Plan in NE ($62M); by covered participants it is IBEW Local Union 668 Employees Pension Plan in IN (1,260 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($62M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (1,260 participants); asset peers above are excluded.
- IBEW Local Union 668 Employees Pension Plan (IN) 1,260 · 0 off
- Pension Plan of Subaru of America, Inc. (NJ) 1,259 · 1 off
- The Cleveland Glass & Glazing Industry Defined Contribution Plan (OH) 1,256 · 4 off
- University of Maryland Faculty Physicians, Inc. Money Purchase Pension Plan (MD) 1,269 · 9 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.