401(k) · DOL Form 5500 · 2022

Trustees of Sheet Metal Local 10 Supplemental Retirement Fund 401(k) Plan

Data updated 2026-08-25

$463M
Total assets Above avg plan size
4,781
Participants Above avg headcount
98th
Percentile by assets National rank
$96,904
Avg per participant Below avg balance/head
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Official DOL plan name: Sheet Metal Local 10 Supplemental Retirement Fund · Sponsored by Trustees of Sheet Metal Local 10 Supplemental Retirement Fund · Minnesota · Construction

$463M in assets, 4,781 participants

Trustees of Sheet Metal Local 10 Supplemental Retirement Fund's Sheet Metal Local 10 Supplemental Retirement Fund reported $463M in total assets and 4,781 participants in its 2022 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.

  • #9,686 in Construction (9,927 peers)

Coverage in Minnesota

Sheet Metal Local 10 Supplemental Retirement Fund covers 4,781 participants in Minnesota, 4.2x the typical Minnesota plan (state average ~1,126 per filing). Assets: $463M.

#9,686
in Construction (9,927 peers)
-13.7%
assets change YoY
4.6×
vs typical plan assets (national mean)

The plan reported a net loss of $74M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sheet Metal Local 10 Supplemental Retirement Fund's outsized position by total assets

Sheet Metal Local 10 Supplemental Retirement Fund vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$463,299,570 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 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 2022

Sheet Metal Local 10 Supplemental Retirement Fund's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Local 10 Supplemental Retirement Fund lands in the large band (4,781 participants).

Form 5500 schedule snapshot

Filing strip 416162383 · Trustees of Sheet Metal Local 10 Supplemental Retirement Fund PY 2022 · 401(k)

Sheet Metal Local 10 Supplemental Retirement Fund · $463M · 4,781 · 98th

  • PART $463M
  • PART 4,781
  • PART 98th
  • PART 401(k)
  • PART near Msd Employee Stock Purchase & Savings Plan
  • PART ind #9686

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Minnesota →

Sheet Metal Local 10 Supplemental Retirement Fund in the asset neighbourhood

Msd Employee Stock Purchase & Savings PlanMsd Employee Stock Purchase …$463MSheet Metal Local 10 Supplemental Retirement FundSheet Metal Local 10 Supplem…$463MDomtar US Hourly 401(k) Plan$463MAir Methods Corporation 401(k) PlanAir Methods Corporation 401(…$463MThe Segal Group Profit Sharing PlanThe Segal Group Profit Shari…$463M
End-of-year total assets ($M) among Sheet Metal Local 10 Supplemental Retirement Fund and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$537M
Net Assets (End of Year)$463M
Net Income-$74M
Employer EIN416162383
Plan Effective Date1973-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Sheet Metal Local 10 Supplemental Retirement Fund)

Sponsor-wide plan assets over time

All Trustees of Sheet Metal Local 10 Supplemental Retirement Fund plans reported in each filing year

Latest sponsor-wide plan assets
$573M 23.580876192049995% vs 2022
2024 filing year
$450M$500M$550M$600M 202220232024 $463M $573M ▲ +23.6%
Year Plans Participants Total Assets
2022 1 4,781 $463M
2023 1 4,254 $520M
2024 1 4,277 $573M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sheet Metal Local 10 Supplemental Retirement Fund vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Sheet Metal Local 10 Supplemental Retirement Fund, Total assets ($B): 0.46329957 · Participants: 4781Sheet Metal Local 10 Supplemental Retirement FundUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Sheet Metal Local 10 Supplemental Retirement Fund vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Sheet Metal Local 10 Supplemental Retirement Fund side-by-side with 3 peers →

Sheet Metal Local 10 Supplemental Retirement Fund's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Msd Employee Stock Purchase & Savings Plan in NJ ($463M); by covered participants it is Keolis America, Inc. 401(k) Savings Plan in MA (4,781 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($463M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,781 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sheet Metal Local 10 Supplemental Retirement Fund assets move in 2022? ▼
Sheet Metal Local 10 Supplemental Retirement Fund pulled back noticeably - down 13.7% during 2022, from $537M to $463M. Reported net income was -$74M.
How have Trustees of Sheet Metal Local 10 Supplemental Retirement Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Sheet Metal Local 10 Supplemental Retirement Fund's sponsor-wide assets grew 23.6%, from $463M to $573M.
Where does Sheet Metal Local 10 Supplemental Retirement Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Local 10 Supplemental Retirement Fund ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Sheet Metal Local 10 Supplemental Retirement Fund? ▼
Among 401(k) plans in other states, the closest by assets is Msd Employee Stock Purchase & Savings Plan in NJ ($463M, 2,680 participants).
Which 401(k) plans cover a similar participant headcount to Sheet Metal Local 10 Supplemental Retirement Fund? ▼
Among 401(k) plans in other states, the closest by covered participants is Keolis America, Inc. 401(k) Savings Plan in MA (4,781 participants, $216M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 416162383.

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.