Defined Benefit (Pension) · DOL Form 5500 · 2024

Sheet Metal Workers Local 218(s) Pension Fund Pension Plan

Data updated 2026-08-11

$61M
Total assets
130
Participants
86th
Percentile by assets
$471,117
Avg per participant
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Official DOL plan name: Sheet Metal Workers Local 218(s) Pension Plan · Sponsored by Sheet Metal Workers Local 218(s) Pension Fund · Kansas · Construction

$61M in assets, 130 participants

Sheet Metal Workers Local 218(s) Pension Fund's Sheet Metal Workers Local 218(s) Pension Plan reported $61M in total assets and 130 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)
  • #7,631 in Construction (9,039 peers)

Coverage in Kansas

Sheet Metal Workers Local 218(s) Pension Plan covers 130 participants in Kansas, about 36% of the average Kansas filer (state average ~360 per filing). Assets: $61M.

$61M
total plan assets (2024 EOY)
130
covered participants
86th
percentile by assets (of 123,622 plans)
$471,117
avg assets per participant

Where Sheet Metal Workers Local 218(s) Pension Plan sits by total assets

Sheet Metal Workers Local 218(s) Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$61,245,180 Top 14% higher than 86% of 123,620 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

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 218(s) Pension Plan end-of-year assets rose from $57M in the plan year 2023 filing to $61M in the plan year 2024 filing.
  • Sheet Metal Workers Local 218(s) Pension Plan reported participants fell from 138 in the plan year 2023 filing to 130 in the plan year 2024 filing.
  • Sheet Metal Workers Local 218(s) Pension Plan reported net income rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Kansas filers

In Kansas, the average filing covers about 360 participants across 1,174 plans. Sheet Metal Workers Local 218(s) Pension Plan reports 130 participants - about 36% of that state average ($61M EOY assets).

Kansas filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$61M
Net Income$5M
Employer EIN370843480
Plan Effective Date1963-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local 218(s) Pension Fund)

$50M$55M$60M$65M 202220232024 $51.9M $61.3M ▲ +17.9%
Total plan assets by year, all Sheet Metal Workers Local 218(s) Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 132 $52M
2023 1 138 $57M
2024 1 130 $61M

Nearby Defined Benefit (Pension) Plans in Kansas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local 218(s) Pension Plan vs. nearby Defined Benefit (Pension) plans in Kansas, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants Sheet Metal Workers …, Total assets ($B): 0.06124518 · Participants: 130Sheet Metal Workers …Koch Employees' Pens…, Total assets ($B): 1.389294649 · Participants: 5044Koch Employees' Pens…Retirement Plan for …, Total assets ($B): 0.497620215 · Participants: 975Retirement Plan for …Invista Pension Plan…, Total assets ($B): 0.362870075 · Participants: 12Invista Pension Plan…Non-Contributory Ret…, Total assets ($B): 0.282634533 · Participants: 475Non-Contributory Ret…Kansas Construction …, Total assets ($B): 0.202599143 · Participants: 790Kansas Construction …
Sheet Metal Workers Local 218(s) Pension Plan vs. nearby Defined Benefit (Pension) plans in Kansas, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sheet Metal Workers Local 218(s) Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal Workers Local 218(s) Pension Plan assets move in 2024?
Sheet Metal Workers Local 218(s) Pension Plan grew at a solid clip - up 8.3% during 2024, from $57M to $61M. Reported net income was $5M.
How have Sheet Metal Workers Local 218(s) Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local 218(s) Pension Fund's sponsor-wide assets grew 17.9%, from $52M to $61M.
Where does Sheet Metal Workers Local 218(s) Pension Plan rank by assets among Form 5500 filers?
Sheet Metal Workers Local 218(s) Pension Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sheet Metal Workers Local 218(s) Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is IBEW Local 573 Pension Plan in OH ($61M, 267 participants).

Next read for Sheet Metal Workers Local 218(s) Pension…

Filing takeaways

Ways to act on Sheet Metal Workers Local 218(s) Pension Plan's numbers.

  • By total assets, Sheet Metal Workers Local 218(s) Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Kansas. Compare plans
  • Sheet Metal Workers Local 218(s) Pension Fund's sponsor-wide assets have grown 17.9% since 2022 across 3 plan years on file. More Construction plans