401(k) · DOL Form 5500 · 2023

Sheridan Sheet Metal Company 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
24
Participants Small participant base
54th
Percentile by assets National rank
$335,074
Avg per participant High balance/head
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Official DOL plan name: Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust · Sponsored by Sheridan Sheet Metal Company · Minnesota · Manufacturing

$8M in assets, 24 participants

Sheridan Sheet Metal Company's Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust reported $8M in total assets and 24 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #7,298 in Manufacturing (18,722 peers)

Sheridan Sheet Metal Company multi-year trail

Sheridan Sheet Metal Company's plans moved -16.1% in assets from 2022 to 2024; this filing shows Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust at $8M / 24 participants.

#7,298
in Manufacturing (18,722 peers)
+15.8%
assets growth YoY

Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$8,041,769 Top 46% higher than 54% of 127,068 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 2023

Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust reported participants rose from 22 in the plan year 2022 filing to 24 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 411631666 · Sheridan Sheet Metal Company PY 2023 · 401(k)

Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust · $8M · 24 · 54th

  • PCT $8M
  • PCT 24
  • PCT 54th
  • PCT 401(k)
  • PCT near Comprehensive Internal Medicine, PC Profit Sharing Plan and Trust
  • PCT ind #7298

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 Manufacturing retirement plans → · Plans in Minnesota →

Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust in the asset neighbourhood

Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and TrustSheridan Sheet Metal Company…$8MComprehensive Internal Medicine, PC Profit Sharing Plan and TrustComprehensive Internal Medic…$8MWalsh & Hacker Self-Employed Retirement PlanWalsh & Hacker Self-Employed…$8MDermatology Partners, Inc. 401(k) Profit Sharing Plan and TrustDermatology Partners, Inc. 4…$8MFirst United Bank and Trust Company 401(k) Employee Stock Ownership Plan and TrustFirst United Bank and Trust …$8M
End-of-year total assets ($M) among Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Sheridan Sheet Metal Company multi-year asset trail

Sponsor-wide plan assets over time

All Sheridan Sheet Metal Company plans reported in each filing year

Latest sponsor-wide plan assets
$6M 16.143462552310687% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $6.94M $5.82M ▼ -16.1%
Year Plans Participants Total Assets
2022 1 22 $7M
2023 1 24 $8M
2024 1 23 $6M

Sheridan Sheet Metal Company filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN411631666
Plan Effective Date1989-02-16
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust, Total assets ($B): 0.008041769 · Participants: 24Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and TrustUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants

Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Comprehensive Internal Medicine, PC Profit Sharing Plan and Trust in GA ($8M); by covered participants it is Hopereid, Inc. Retirement Plan in PA (24 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust assets move in 2023?
Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust grew sharply - up 15.8% during 2023, from $7M to $8M. Reported net income was $1M.
How have Sheridan Sheet Metal Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Sheridan Sheet Metal Company's sponsor-wide assets declined 16.1%, from $7M to $6M.
Which 401(k) plans are similar in size to Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Comprehensive Internal Medicine, PC Profit Sharing Plan and Trust in GA ($8M, 34 participants).
Which 401(k) plans cover a similar participant headcount to Sheridan Sheet Metal Company 401 (K) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Hopereid, Inc. Retirement Plan in PA (24 participants, $433K in assets).