Defined Benefit (Pension) · DOL Form 5500 · 2024

Utah Sheet Metal Pension Trust Pension Plan

Data updated 2026-08-11

$275M
Total assets
855
Participants
95th
Percentile by assets
$321,724
Avg per participant
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Official DOL plan name: Utah Sheet Metal Pension Trust · Sponsored by Utah Sheet Metal Pension Trust · Utah · Finance & Insurance

$275M in assets, 855 participants

Utah Sheet Metal Pension Trust's Utah Sheet Metal Pension Trust reported $275M in total assets and 855 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #7,916 in Finance & Insurance (8,549 peers)

Where Utah Sheet Metal Pension Trust sits by assets

Utah Sheet Metal Pension Trust sits in the top 5% of all filed plans by assets, $275M for 855 participants (~$321,724/participant), up 10.3% in 2024.

$275M
total plan assets (2024 EOY)
855
covered participants
95th
percentile by assets (of 123,622 plans)
$321,724
avg assets per participant

Where Utah Sheet Metal Pension Trust sits by total assets

Utah Sheet Metal Pension Trust vs every filed plan by assets

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

$275,074,291 Top 5% higher than 95% 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

  • Utah Sheet Metal Pension Trust reported net income fell from $45M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Utah Sheet Metal Pension Trust reported participants rose from 757 in the plan year 2023 filing to 855 in the plan year 2024 filing.
  • Utah Sheet Metal Pension Trust end-of-year assets rose from $249M in the plan year 2023 filing to $275M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Utah
Industry
Finance & Insurance

Utah Sheet Metal Pension Trust vs the 2024 asset distribution

By assets, Utah Sheet Metal Pension Trust outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$249M
Net Assets (End of Year)$275M
Net Income$26M
Employer EIN876156446
Plan Effective Date1963-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Utah Sheet Metal Pension Trust)

$150M$200M$250M$300M 202220232024 $204M $275M ▲ +34.7%
Total plan assets by year, all Utah Sheet Metal Pension Trust plans on file
Year Plans Participants Total Assets
2022 1 770 $204M
2023 1 757 $249M
2024 1 855 $275M

Nearby Defined Benefit (Pension) Plans in Utah

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

Utah Sheet Metal Pension Trust vs. nearby Defined Benefit (Pension) plans in Utah, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -202468 Total assets ($B) Participants Utah Sheet Metal Pen…, Total assets ($B): 0.275074291 · Participants: 855Utah Sheet Metal Pen…Deseret Mutual Maste…, Total assets ($B): 7.071790998 · Participants: 10478Deseret Mutual Maste…Intermountain Health…, Total assets ($B): 3.403061 · Participants: 26724Intermountain Health…Rio Tinto America In…, Total assets ($B): 0.916073742 · Participants: 1564Rio Tinto America In…America First Credit…, Total assets ($B): 0.599669079 · Participants: 2645America First Credit…Retail Food Employer…, Total assets ($B): 0.366642845 · Participants: 8046Retail Food Employer…
Utah Sheet Metal Pension Trust vs. nearby Defined Benefit (Pension) plans in Utah, assets vs. participants
Compare Utah Sheet Metal Pension Trust side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Utah Sheet Metal Pension Trust by total assets, not by location.

Frequently Asked Questions

How did Utah Sheet Metal Pension Trust assets move in 2024? ▼
Utah Sheet Metal Pension Trust grew at a solid clip - up 10.3% during 2024, from $249M to $275M. Reported net income was $26M.
How have Utah Sheet Metal Pension Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Utah Sheet Metal Pension Trust's sponsor-wide assets grew 34.7%, from $204M to $275M.
Where does Utah Sheet Metal Pension Trust rank by assets among Form 5500 filers? ▼
Utah Sheet Metal Pension Trust ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Utah Sheet Metal Pension Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Case Western Reserve University Employees Retirement Plan B in OH ($275M, 714 participants).

Next read for Utah Sheet Metal Pension Trust

Scale reading

Ways to act on Utah Sheet Metal Pension Trust's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 876156446.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.