Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees of the Sheet Metal Workers 73 Pension Fund Pension Plan
Data updated 2026-08-11
- $786M
- Total assets
- 1,914
- Participants
- 98th
- Percentile by assets
- $410,498
- Avg per participant
Official DOL plan name: Sheet Metal Workers' Local 73 Pension Fund · Sponsored by Board of Trustees of the Sheet Metal Workers 73 Pension Fund · Illinois · Construction
$786M in assets, 1,914 participants
Board of Trustees of the Sheet Metal Workers 73 Pension Fund's Sheet Metal Workers' Local 73 Pension Fund reported $786M in total assets and 1,914 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 123,622 plans)
- #8,871 in Construction (9,039 peers)
Coverage in Illinois
Sheet Metal Workers' Local 73 Pension Fund covers 1,914 participants in Illinois, 2.5x the typical Illinois plan (state average ~779 per filing). Assets: $786M.
- $786M
- total plan assets (2024 EOY)
- 1,914
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $410,498
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sheet Metal Workers' Local 73 Pension Fund end-of-year assets rose from $718M in the plan year 2023 filing to $786M in the plan year 2024 filing.
- Sheet Metal Workers' Local 73 Pension Fund reported net income rose from $64M in the plan year 2023 filing to $69M in the plan year 2024 filing.
- Sheet Metal Workers' Local 73 Pension Fund reported participants rose from 1,865 in the plan year 2023 filing to 1,914 in the plan year 2024 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Sheet Metal Workers' Local 73 Pension Fund reports 1,914 participants - 2.5x that state average ($786M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $718M |
|---|---|
| Net Assets (End of Year) | $784M |
| Net Income | $69M |
| Employer EIN | 516126221 |
| Plan Effective Date | 1953-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Sheet Metal Workers 73 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,887 | $653M |
| 2023 | 1 | 1,865 | $718M |
| 2024 | 1 | 1,914 | $786M |
Nearby Defined Benefit (Pension) Plans in Illinois
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers' Local 73 Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
- Central States, Southeast & Southwest Areas Pension Plan $48.2B · 36,799
- State Farm Insurance Companies Retirement Plan for United States Employees $37.7B · 41,619
- GE Healthcare Pension Plan $13.7B · 5,554
- Abbott Laboratories Annuity Retirement Plan $8.6B · 17,875
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.2B · 20,984
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Sheet Metal Workers' Local 73 Pension Fund by total assets, not by location.
- Nv Energy Retirement Plan (NV) $788M · 1,271
- Federated Mutual Retirement Plan (MN) $789M · 2,571
- United Steelworkers International Union Staff Pension Plan (PA) $789M · 700
- Retirement Income Plan of Central Hudson Gas & Electric Corp. (NY) $780M · 284
Frequently Asked Questions
How did Sheet Metal Workers' Local 73 Pension Fund assets move in 2024? ▼
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Where does Sheet Metal Workers' Local 73 Pension Fund rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Sheet Metal Workers' Local 73 Pension Fund's numbers.
- By total assets, Sheet Metal Workers' Local 73 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 Illinois. Compare plans
- Board of Trustees of the Sheet Metal Workers 73 Pension Fund's sponsor-wide assets have grown 20.3% since 2022 across 3 plan years on file. More Construction plans