Sheet Metal Workers’ International Association Local Union No.73
SM 73 Funds is a Taft-Hartley multi-employer benefit fund administering pension, health/welfare, and annuity plans for active and retired members of Sheet Metal Workers Local 73 in the greater Chicago area under the SMART union.
- Company typePrivate
- Founded1888
- HeadquartersHillside, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Sheet Metal Workers’ International Association Local Union No.73 does
Sheet Metal Workers' International Association Local Union No.73 (d/b/a SM 73 Funds) is a Taft-Hartley multi-employer benefit fund organization administering pension, health and welfare, and annuity plans for active and retired members of Sheet Metal Workers Local 73 in the greater Chicago area. The fund operates under the SMART (International Association of Sheet Metal, Air, Rail and Transportation Workers) international union umbrella and is overseen by separate trustee boards for each plan, consistent with ERISA requirements for jointly trusteed multiemployer plans. Employer contributions to the fund are determined through collective bargaining with contractor associations, principally SMACNA Greater Chicago.
The organization delivers three core products: a defined benefit Pension Plan, a Health & Welfare Plan covering medical, dental, and vision, and a defined contribution Annuity Plan with investment options routed through Fidelity NetBenefits. Member-facing technology is a Gobasys-hosted online portal (memberxg.gobasys.com) that provides account access, plan forms, FAQs, and self-service capabilities, supplemented by direct support from the fund office. Ancillary services include an ERS Employee Assistance Program, Union Wellness Centers, and Union Eyes vision benefits. There is no public revenue disclosure, no venture or private equity backing, and the entity is structured as a nonprofit typical of union-managed benefit funds.
The five- to ten-person Hillside, Illinois fund office operates exclusively at a regional scale within the Midwest, with no indication of geographic expansion, mergers, or new product lines beyond the three core plans. Marketing and member communications are conducted through the website and periodic news updates, including publication of Summary Annual Reports for the Welfare and Annuity Funds in 2025.
Sheet Metal Workers’ International Association Local Union No.73 firmographics
Firmographics- Name
- Sheet Metal Workers’ International Association Local Union No.73
- Legal name
- Sheet Metal Workers' Local 73 Welfare Fund
- Website
- https://sm73funds.org
- Company type
- Private
- Founded year
- 1888
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SM 73 Funds is a Taft-Hartley multi-employer benefit fund administering pension, health/welfare, and annuity plans for active and retired members of Sheet Metal Workers Local 73 in the greater Chicago area under the SMART union.
- Ownership category
- akta.pro rank
Sheet Metal Workers’ International Association Local Union No.73 industry classification
Industry- Product category
- Multiemployer Benefit Fund Administration
- NAICS
- Pension Funds (525110), Health and Welfare Funds (525120), Insurance and Employee Benefit Funds (5251)
- akta.pro primary industry
- Taft-Hartley / Union Multiemployer Group Health Plans (FSAIAFAG)
Keywords
Where Sheet Metal Workers’ International Association Local Union No.73 is headquartered
LocationHeadquarters
- HQ city
- Hillside
- HQ country
- United States
- HQ region
- North America
Markets served
Sheet Metal Workers’ International Association Local Union No.73 business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure
Distribution channels3 records
Marketing channels4 records
Sheet Metal Workers’ International Association Local Union No.73 product offering
Product offeringCore offering
Sheet Metal Workers' Local 73 operates three core benefit plans — a defined benefit Pension Plan, a Health & Welfare Plan covering medical, dental, and vision benefits, and a defined contribution Annuity Plan — for active and retired sheet metal workers covered under collective bargaining agreements. The funds are administered by labor-management trustees under ERISA and supported by a third-party online member portal for account access and management.
Product overview
Sheet Metal Workers' Local 73 operates three core benefit plans—Pension Plan, Health & Welfare Plan, and Annuity Plan—alongside a member portal for account management. The Pension Plan provides defined benefit retirement income; the Health & Welfare Plan offers medical and related benefits; and the Annuity Plan delivers defined contribution retirement savings. These plans are overseen by separate trustee boards and serve as the union's primary service offerings to members.
Differentiator
Problem solved
Functional benefit
Products and services
- Pension Plan
Companies that use Sheet Metal Workers’ International Association Local Union No.73
Customer profileSegments1 record
Ideal customer profiles1 record
Sheet Metal Workers’ International Association Local Union No.73 technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sheet Metal Workers’ International Association Local Union No.73 partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- GobasyscoreProvides the member login and account management portal (memberxg.gobasys.com) used by SM 73 Funds to allow members to access their pension, welfare, and annuity accounts online.
- Fidelity InvestmentscoreProvides annuity investment platform through NetBenefits (netbenefits.com/atwork), offering 1-866-848-6466 support for members to manage their retirement savings.
- Blue Cross Blue Shield of IllinoiscoreProvides health insurance coverage for welfare fund members, with Machine Readable Files available for transparency in coverage requirements.
- SMACNA Greater ChicagocoreSheet Metal and Air Conditioning Contractors' National Association - represents employers who contribute to the benefit funds through collective bargaining agreements. Contact: 708-544-7007.
- SMW Local 73coreThe parent union Local 73 organization representing sheet metal workers, providing member support and additional resources. Contact: 708-449-0073.
Recent moves5 records
Expansion highlights2 records
Sheet Metal Workers’ International Association Local Union No.73 competitors and assessment
Company assessmentBroad incumbents
- Empower Retirement: Major recordkeeper/TPA administering DC retirement plans (including many multiemployer and Taft-Hartley plans); comparable on the annuity/DC plan administration side though as a commercial vendor rather than a peer union fund.
- Western Conference of Teamsters Pension Plan: Large multiemployer DB pension plan for Western U.S. Teamsters; structurally analogous to Local 73's pension plan but at significantly greater scale and geographic scope.
- Central States Pension Fund (Teamsters): One of the largest U.S. multiemployer DB pension funds covering Teamster members; comparable Taft-Hartley structure but operates at national scale and has been a high-profile case study in multiemployer pension funding stress.
- National Electrical Benefit Fund (NEBF): National multiemployer DB pension fund for IBEW members; analogous Taft-Hartley DB pension structure serving a different craft at materially larger scale.
Direct peers
- Iron Workers Local 1 Pension & Welfare Funds: Chicago-area construction-trade union benefit fund administering DB pension and welfare plans under Taft-Hartley structure; directly comparable in craft, geography, and fund design.
- IBEW Local 134 Fringe Benefit Funds: Local electrical workers' union in the Chicago region operating multiemployer pension, health/welfare, and annuity funds via collective bargaining with electrical contractors — same architectural model.
- Sheet Metal Workers' National Pension Fund: National multiemployer defined-benefit pension plan for the same Sheet Metal trade under SMART; directly comparable as a Taft-Hartley DB pension covering sheet-metal workers across multiple local unions.
- Plumbers Local 130 UA Funds: Chicago-area plumbers' union benefit fund managing health, pension, and training trusts under the same multiemployer/Taft-Hartley framework; comparable plan lineup and craft profile.
- Operating Engineers Local 150 Funds: Large Midwest heavy-equipment operators' union administering health, pension, annuity, and training funds; directly comparable multiemployer Taft-Hartley model, though materially larger in AUM and active membership.
- SMART Local 105 (Sheet Metal Workers Local 105): Sister Sheet Metal Workers local under the same SMART umbrella administering its own pension/welfare/annuity funds; closest functional peer in scale, scope, and craft coverage.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Sheet Metal Workers’ International Association Local Union No.73 social profiles
Digital presenceSheet Metal Workers’ International Association Local Union No.73 financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sheet Metal Workers’ International Association Local Union No.73 leadership team
Management profileNumber of profiles
Sheet Metal Workers’ International Association Local Union No.73 funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sheet Metal Workers’ International Association Local Union No.73 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sheet Metal Workers’ International Association Local Union No.73
What does Sheet Metal Workers’ International Association Local Union No.73 do?
Sheet Metal Workers' Local 73 operates three core benefit plans — a defined benefit Pension Plan, a Health & Welfare Plan covering medical, dental, and vision benefits, and a defined contribution Annuity Plan — for active and retired sheet metal workers covered under collective bargaining agreements. The funds are administered by labor-management trustees under ERISA and supported by a third-party online member portal for account access and management.
Is Sheet Metal Workers’ International Association Local Union No.73 a public or private company?
Sheet Metal Workers’ International Association Local Union No.73 is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Sheet Metal Workers’ International Association Local Union No.73 founded?
Sheet Metal Workers’ International Association Local Union No.73 was founded in 1888. It employs 1 to 10 people.
Where is Sheet Metal Workers’ International Association Local Union No.73 based?
Sheet Metal Workers’ International Association Local Union No.73 is headquartered in Hillside, United States, in the North America region.
Who are Sheet Metal Workers’ International Association Local Union No.73's main competitors?
Broad incumbents on record are Empower Retirement, Western Conference of Teamsters Pension Plan, Central States Pension Fund (Teamsters) and National Electrical Benefit Fund (NEBF). Direct peers are Iron Workers Local 1 Pension & Welfare Funds, IBEW Local 134 Fringe Benefit Funds, Sheet Metal Workers' National Pension Fund, Plumbers Local 130 UA Funds, Operating Engineers Local 150 Funds and SMART Local 105 (Sheet Metal Workers Local 105).
Does Sheet Metal Workers’ International Association Local Union No.73 have an API?
No public API is recorded for Sheet Metal Workers’ International Association Local Union No.73.
What industry is Sheet Metal Workers’ International Association Local Union No.73 in?
Sheet Metal Workers’ International Association Local Union No.73's product category is Multiemployer Benefit Fund Administration. Its primary akta.pro industry code is FSAIAFAG, Taft-Hartley / Union Multiemployer Group Health Plans. Its NAICS code is 525110.