401(k) · DOL Form 5500 · 2022

Board of Trustees Sheet Metal Workers Local 2 401(k) Plan

Data updated 2026-08-25

$86M
Total assets Below avg plan size
1,927
Participants Near avg headcount
92nd
Percentile by assets National rank
$44,566
Avg per participant Low balance/head
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Official DOL plan name: Sheet Metal Workers Local No. 2 401(k) Plan · Sponsored by Board of Trustees Sheet Metal Workers Local 2 · Missouri · Construction

$86M in assets, 1,927 participants

Board of Trustees Sheet Metal Workers Local 2's Sheet Metal Workers Local No. 2 401(k) Plan reported $86M in total assets and 1,927 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,991 in Construction (9,927 peers)

Coverage in Missouri

Sheet Metal Workers Local No. 2 401(k) Plan covers 1,927 participants in Missouri, 2.6x the typical Missouri plan (state average ~737 per filing). Assets: $86M.

#8,991
in Construction (9,927 peers)
-16.4%
assets change YoY
0.9×
vs typical plan assets (national mean)

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sheet Metal Workers Local No. 2 401(k) Plan's outsized position by total assets

Sheet Metal Workers Local No. 2 401(k) Plan vs every filed plan by assets

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

$85,877,928 Top 8% higher than 92% 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. 2 401(k) Plan'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 Workers Local No. 2 401(k) Plan lands in the large band (1,927 participants).

Form 5500 schedule snapshot

Filing strip 311648261 · Board of Trustees Sheet Metal Workers Local 2 PY 2022 · 401(k)

Sheet Metal Workers Local No. 2 401(k) Plan · $86M · 1,927 · 92nd

  • BOY $86M
  • SCH 1,927
  • EBSA 92nd
  • PART 401(k)
  • TYPE near Methode Electronics, Inc. 401(k) Savings Plan
  • NET ind #8991

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 Missouri →

Sheet Metal Workers Local No. 2 401(k) Plan in the asset neighbourhood

Amarillo National Bank 401(k) PlanAmarillo National Bank 401(k…$86MFrederic W. Cook & Co., Inc. Deferred Profit Sharing PlanFrederic W. Cook & Co., Inc.…$86MSheet Metal Workers Local No. 2 401(k) PlanSheet Metal Workers Local No…$86MMethode Electronics, Inc. 401(k) Savings PlanMethode Electronics, Inc. 40…$86MGrande Ronde Hospital Employees' Savings PlanGrande Ronde Hospital Employ…$86M
End-of-year total assets ($M) among Sheet Metal Workers Local No. 2 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Missouri filing particulars

Total Assets (Beginning of Year)$103M
Net Assets (End of Year)$86M
Net Income-$17M
Employer EIN311648261
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Sheet Metal Workers Local 2)

Sponsor-wide plan assets over time

All Board of Trustees Sheet Metal Workers Local 2 plans reported in each filing year

Latest sponsor-wide plan assets
$108M 25.96275145343516% vs 2022
2024 filing year
$80M$90M$100M$110M$120M 202220232024 $85.9M $108M ▲ +26.0%
Year Plans Participants Total Assets
2022 1 1,927 $86M
2023 1 1,937 $97M
2024 1 2,161 $108M

Nearby 401(k) Plans in Missouri

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

Sheet Metal Workers Local No. 2 401(k) Plan vs. nearby 401(k) plans in Missouri, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Sheet Metal Workers Local No. 2 401(k) Plan, Total assets ($B): 0.085877928 · Participants: 1927Sheet Metal Workers Local No. 2 401(k) PlanBayer Corporation Savings and Retirement Plan, Total assets ($B): 9.183956862 · Participants: 18917Bayer Corporation Savings and Retirement PlanEdward D. Jones & Co. Profit Sharing and 401(k) Plan, Total assets ($B): 8.685677709 · Participants: 47923Edward D. Jones & Co. Profit Sharing and 401(k) PlanEnterprise Holdings Retirement Savings Plan, Total assets ($B): 4.500937056 · Participants: 59568Enterprise Holdings Retirement Savings PlanCentene Management Corporation Retirement Plan, Total assets ($B): 3.239485944 · Participants: 49060Centene Management Corporation Retirement PlanAnheuser-Busch 401(k) Savings and Retirement Plan, Total assets ($B): 3.061778 · Participants: 14556Anheuser-Busch 401(k) Savings and Retirement Plan
Sheet Metal Workers Local No. 2 401(k) Plan vs. nearby 401(k) plans in Missouri, assets vs. participants
Compare Sheet Metal Workers Local No. 2 401(k) Plan side-by-side with 3 peers →

Sheet Metal Workers Local No. 2 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Missouri, the nearest 401(k) by assets is Methode Electronics, Inc. 401(k) Savings Plan in IL ($86M); by covered participants it is Pomps Tire Service Inc Salary Savings Plan in WI (1,927 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,927 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. 2 401(k) Plan assets move in 2022? ▼
Sheet Metal Workers Local No. 2 401(k) Plan declined sharply - down 16.4% during 2022, from $103M to $86M. Reported net income was -$17M.
How have Board of Trustees Sheet Metal Workers Local 2 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Sheet Metal Workers Local 2's sponsor-wide assets grew 26.0%, from $86M to $108M.
Where does Sheet Metal Workers Local No. 2 401(k) Plan rank by assets among Form 5500 filers? ▼
Sheet Metal Workers Local No. 2 401(k) Plan ranks in the 92nd 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. 2 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Methode Electronics, Inc. 401(k) Savings Plan in IL ($86M, 388 participants).
Which 401(k) plans cover a similar participant headcount to Sheet Metal Workers Local No. 2 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pomps Tire Service Inc Salary Savings Plan in WI (1,927 participants, $115M 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 311648261.

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.