401(k) · DOL Form 5500 · 2022

Board of Trustees Sheet Metal Workers' Local No. 40 Supplemental Retir 401(k) Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
340
Participants Below avg headcount
90th
Percentile by assets National rank
$179,647
Avg per participant Above avg balance/head
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Official DOL plan name: Sheet Metal Workers' Local No. 40 Supplemental Ret · Sponsored by Board of Trustees Sheet Metal Workers' Local No. 40 Supplemental Retir · Connecticut · Construction

$61M in assets, 340 participants

Board of Trustees Sheet Metal Workers' Local No. 40 Supplemental Retir's Sheet Metal Workers' Local No. 40 Supplemental Ret reported $61M in total assets and 340 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #8,724 in Construction (9,927 peers)

Coverage in Connecticut

Sheet Metal Workers' Local No. 40 Supplemental Ret covers 340 participants in Connecticut, about 47% of the average Connecticut filer (state average ~718 per filing). Assets: $61M.

#8,724
in Construction (9,927 peers)
-16.4%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sheet Metal Workers' Local No. 40 Supplemental Ret's outsized position by total assets

Sheet Metal Workers' Local No. 40 Supplemental Ret vs every filed plan by assets

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

$61,079,955 Top 10% higher than 90% 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 Workers' Local No. 40 Supplemental Ret 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 No. 40 Supplemental Ret sits mid-pack in the medium band (340 participants).

Form 5500 schedule snapshot

Filing strip 061074075 · Board of Trustees Sheet Metal Workers' Local No. 40 Supplemental Retir PY 2022 · 401(k)

Sheet Metal Workers' Local No. 40 Supplemental Ret · $61M · 340 · 90th

  • BOOK $61M
  • VS-ST 340
  • BOY 90th
  • SCH 401(k)
  • EBSA near L. F. Jennings, Inc. Profit Sharing Plan
  • PART ind #8724

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 Connecticut →

Sheet Metal Workers' Local No. 40 Supplemental Ret in the asset neighbourhood

Sheet Metal Workers' Local No. 40 Supplemental RetSheet Metal Workers' Local N…$61ML. F. Jennings, Inc. Profit Sharing PlanL. F. Jennings, Inc. Profit …$61MTerra Millennium Corporation 401(k) PlanTerra Millennium Corporation…$61MAssociated Builders and Contractors, Inc. Retirement & Savings PlanAssociated Builders and Cont…$61MDermatologists of Central States Retirement Savings PlanDermatologists of Central St…$61M
End-of-year total assets ($M) among Sheet Metal Workers' Local No. 40 Supplemental Ret and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Connecticut filing particulars

Total Assets (Beginning of Year)$73M
Net Assets (End of Year)$61M
Net Income-$12M
Employer EIN061074075
Plan Effective Date1982-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Connecticut

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

Sheet Metal Workers' Local No. 40 Supplemental Ret vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants Sheet Metal Workers' Local No. 40 Supplemental Ret, Total assets ($B): 0.061079955 · Participants: 340Sheet Metal Workers' Local No. 40 Supplemental RetUnited Technologies Corporation Employee Savings Plan, Total assets ($B): 48.916975 · Participants: 55762United Technologies Corporation Employee Savings PlanGE Retirement Savings Plan, Total assets ($B): 24.786830027 · Participants: 57522GE Retirement Savings PlanCiti Retirement Savings Plan, Total assets ($B): 17.438946034 · Participants: 70070Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 5.615003 · Participants: 17724The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.641347 · Participants: 11876Xerox Corporation Savings Plan
Sheet Metal Workers' Local No. 40 Supplemental Ret vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Sheet Metal Workers' Local No. 40 Supplemental Ret side-by-side with 3 peers →

Sheet Metal Workers' Local No. 40 Supplemental Ret's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is L. F. Jennings, Inc. Profit Sharing Plan in VA ($61M); by covered participants it is T.C.T. 401(k) Profit Sharing Plan in WA (340 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (340 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 Workers' Local No. 40 Supplemental Ret assets move in 2022? ▼
Sheet Metal Workers' Local No. 40 Supplemental Ret declined sharply - down 16.4% during 2022, from $73M to $61M. Reported net income was -$12M.
Where does Sheet Metal Workers' Local No. 40 Supplemental Ret rank by assets among Form 5500 filers? ▼
Sheet Metal Workers' Local No. 40 Supplemental Ret ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Sheet Metal Workers' Local No. 40 Supplemental Ret? ▼
Among 401(k) plans in other states, the closest by assets is L. F. Jennings, Inc. Profit Sharing Plan in VA ($61M, 324 participants).
Which 401(k) plans cover a similar participant headcount to Sheet Metal Workers' Local No. 40 Supplemental Ret? ▼
Among 401(k) plans in other states, the closest by covered participants is T.C.T. 401(k) Profit Sharing Plan in WA (340 participants, $9M 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 061074075.

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.