401(k) · DOL Form 5500 · 2022
Board of Trustees of Sheet Metal Workers Local Union No. 263 Retiremen 401(k) Plan
Data updated 2026-08-25
- $32M
- Total assets Below avg plan size
- 503
- Participants Below avg headcount
- 84th
- Percentile by assets National rank
- $63,302
- Avg per participant Low balance/head
Official DOL plan name: Sheet Metal Workers Local Union No. 263 Retirement Savings Plan · Sponsored by Board of Trustees of Sheet Metal Workers Local Union No. 263 Retiremen · Iowa · Construction
$32M in assets, 503 participants
Board of Trustees of Sheet Metal Workers Local Union No. 263 Retiremen's Sheet Metal Workers Local Union No. 263 Retirement Savings Plan reported $32M in total assets and 503 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.
- #8,177 in Construction (9,927 peers)
Where Sheet Metal Workers Local Union No. 263 Retirement Savings Plan sits by assets
Sheet Metal Workers Local Union No. 263 Retirement Savings Plan sits in the top quartile of all filed plans by assets, $32M for 503 participants (~$63,302/participant), down 13.1% in 2022.
- #8,177
- in Construction (9,927 peers)
- -13.1%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sheet Metal Workers Local Union No. 263 Retirement Savings Plan's outsized position by total assets
Sheet Metal Workers Local Union No. 263 Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$31,841,148 Top 16% higher than 84% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Sheet Metal Workers Local Union No. 263 Retirement Savings Plan among mid-size filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers Local Union No. 263 Retirement Savings Plan sits mid-pack in the medium band (503 participants).
DOL schedule card
Filing strip 426498549 · Board of Trustees of Sheet Metal Workers Local Union No. 263 Retiremen PY 2022 · 401(k)
Sheet Metal Workers Local Union No. 263 Retirement Savings Plan · $32M · 503 · 84th
- SCH $32M
- EBSA 503
- PART 84th
- TYPE 401(k)
- NET near Balise Motor Sales Company 401(k) Retirement Plan
- BOOK ind #8177
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 Iowa →
Sheet Metal Workers Local Union No. 263 Retirement Savings Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $37M |
|---|---|
| Net Assets (End of Year) | $32M |
| Net Income | -$5M |
| Employer EIN | 426498549 |
| Plan Effective Date | 1992-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Sheet Metal Workers Local Union No. 263 Retiremen)
Sponsor-wide plan assets over time
All Board of Trustees of Sheet Metal Workers Local Union No. 263 Retiremen plans reported in each filing year
- Latest sponsor-wide plan assets
- $42M 33.04575262173336% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 503 | $32M |
| 2023 | 1 | 520 | $37M |
| 2024 | 1 | 545 | $42M |
Nearby 401(k) Plans in Iowa
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Principal Select Savings Plan $3.6B · 12,201
- Iowa Health System Section 401(k) Retirement Savings Plan $2.7B · 28,603
- The Hy-Vee and Affiliates 401(k) Plan $2.4B · 59,826
- The Rsm US LLP Retirement Plan $2.3B · 13,793
- Transamerica 401(k) Retirement Savings Plan $2.1B · 7,262
Sheet Metal Workers Local Union No. 263 Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Iowa, the nearest 401(k) by assets is Balise Motor Sales Company 401(k) Retirement Plan in MA ($32M); by covered participants it is Southwood Realty 401(k) Plan in NC (503 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($32M here).
Similar participant headcount
Nearest other-state filings by covered participants (503 participants); asset peers above are excluded.
- Southwood Realty 401(k) Plan (NC) 503 · 0 off
- Sloan Implement Company, Inc. 401(k) Plan (IL) 503 · 0 off
- Abbys LLC 401(k) Profit Sharing Plan (OR) 503 · 0 off
- United Cerebral Palsy of South 401(k) Profit Sharing Plan & Trust (AZ) 503 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.