Sherwood Mechanical, Inc. 401(k) Plan

Compiled by PlainRetire Editorial, Retirement Plans Editorial Team

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Sherwood Mechanical, Inc. · California · Construction

What the 2023 filing shows

Sherwood Mechanical, Inc. 401(k) Plan holds $11M for 136 participants — about $81,951 per participant, down 22.8% over the 2022 plan year.

$11M
total plan assets (2022 EOY): 136
covered participants: $81,951
avg assets per participant: -22.8%
assets change YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)

$11M

Participants

136

State

California

Industry

Construction

What the Filing Says About Sherwood Mechanical, Inc. 401(k) Plan

Sherwood Mechanical, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Sherwood Mechanical, Inc., headquartered in California. As of the 2022 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 136 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 680565225, and the plan has been effective since 2004-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $14M at the beginning of 2022 to $11M at year-end — a decline of 22.8%. Net assets (after liabilities) closed the year at $11M, with reported net income of $-3,294,775 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$14M
Total Assets (End of Year)	$11M
Net Assets (End of Year)	$11M
Net Income	$-3,294,775
Plan Type	401(k)
Employer EIN	680565225
Plan Effective Date	2004-03-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Sherwood Mechanical, Inc.)

Year	Plans	Participants	Total Assets
2022	1	136	$11M
2023	1	96	$2M
2024	2	224	$18M

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Related Data

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Frequently Asked Questions

How much money is in the Sherwood Mechanical, Inc. 401(k) Plan? ▼

As of the 2022 Form 5500 filing, Sherwood Mechanical, Inc. 401(k) Plan holds $11M in total assets with 136 participants. It is sponsored by Sherwood Mechanical, Inc..

What type of plan is Sherwood Mechanical, Inc. 401(k) Plan? ▼

Sherwood Mechanical, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2004-03-01. The plan is filed with the U.S. Department of Labor under EIN 680565225.

Who sponsors the Sherwood Mechanical, Inc. 401(k) Plan? ▼

Sherwood Mechanical, Inc. 401(k) Plan is sponsored by Sherwood Mechanical, Inc., located in California. The sponsor's EIN is 680565225 and the plan operates in the Construction industry.

How did Sherwood Mechanical, Inc. 401(k) Plan perform in 2022? ▼

Sherwood Mechanical, Inc. 401(k) Plan declined by 22.8% during 2022, moving from $14M to $11M in total assets. Net income was $-3,294,775.

Where can I find official filings for Sherwood Mechanical, Inc. 401(k) Plan? ▼

Official Form 5500 filings for Sherwood Mechanical, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 680565225 or plan name at efast.dol.gov.

How does Sherwood Mechanical, Inc. 401(k) Plan compare to other plans? ▼

You can compare Sherwood Mechanical, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.