401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$97M
Total assets Below avg plan size
1,937
Participants Near avg headcount
91st
Percentile by assets National rank
$50,266
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

$97M in assets, 1,937 participants

Board of Trustees Sheet Metal Workers Local 2's Sheet Metal Workers Local No. 2 401(k) Plan reported $97M in total assets and 1,937 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #8,074 in Construction (9,030 peers)

Coverage in Missouri

Sheet Metal Workers Local No. 2 401(k) Plan covers 1,937 participants in Missouri, 2.6x the typical Missouri plan (state average ~737 per filing). Assets: $97M.

#8,074
in Construction (9,030 peers)
+13.4%
assets growth YoY
1.0×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$97,365,123 Top 9% higher than 91% 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

Sheet Metal Workers Local No. 2 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 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 (1,937 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheet Metal Workers Local No. 2 401(k) Plan reported net income rose from -$17M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Sheet Metal Workers Local No. 2 401(k) Plan end-of-year assets rose from $86M in the plan year 2022 filing to $97M in the plan year 2023 filing.
  • Sheet Metal Workers Local No. 2 401(k) Plan reported participants rose from 1,927 in the plan year 2022 filing to 1,937 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 311648261 · Board of Trustees Sheet Metal Workers Local 2 PY 2023 · 401(k)

Sheet Metal Workers Local No. 2 401(k) Plan · $97M · 1,937 · 91st

  • PART $97M
  • PART 1,937
  • PART 91st
  • PART 401(k)
  • PART near Retirement Savings at Velcro 401(k) Plan
  • PART ind #8074

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

Harbert Retirement Plan$97MSheet Metal Workers Local No. 2 401(k) PlanSheet Metal Workers Local No…$97MRetirement Savings at Velcro 401(k) PlanRetirement Savings at Velcro…$97MAssurity Life Insurance Company 401(k) PlanAssurity Life Insurance Comp…$97MSan Diego County Credit Union Employees Salary Savings PlanSan Diego County Credit Unio…$97M
End-of-year total assets ($M) among Sheet Metal Workers Local No. 2 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Missouri filing particulars

Total Assets (Beginning of Year)$86M
Net Assets (End of Year)$97M
Net Income$11M
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 -5051015 Total assets ($B) Participants Sheet Metal Workers Local No. 2 401(k) Plan, Total assets ($B): 0.097365123 · Participants: 1937Sheet Metal Workers Local No. 2 401(k) PlanEdward D. Jones & Co. Profit Sharing and 401(k) Plan, Total assets ($B): 10.594991308 · Participants: 49944Edward D. Jones & Co. Profit Sharing and 401(k) PlanBayer Corporation Savings and Retirement Plan, Total assets ($B): 10.333863661 · Participants: 19273Bayer Corporation Savings and Retirement PlanEnterprise Holdings Retirement Savings Plan, Total assets ($B): 5.607728879 · Participants: 66210Enterprise Holdings Retirement Savings PlanCentene Management Corporation Retirement Plan, Total assets ($B): 4.047068199 · Participants: 53822Centene Management Corporation Retirement PlanEmerson Electric Company Employee Savings Investment Plan, Total assets ($B): 3.563332746 · Participants: 10316Emerson Electric Company Employee Savings Investment 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 Retirement Savings at Velcro 401(k) Plan in NH ($97M); by covered participants it is Thompson Construction Group, Inc. 401(k) Profit Sharing Plan in SC (1,937 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,937 participants); asset peers above are excluded.

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 Sheet Metal Workers Local No. 2 401(k) Plan assets move in 2023? ▼
Sheet Metal Workers Local No. 2 401(k) Plan grew at a solid clip - up 13.4% during 2023, from $86M to $97M. Reported net income was $11M.
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 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Retirement Savings at Velcro 401(k) Plan in NH ($97M, 709 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 Thompson Construction Group, Inc. 401(k) Profit Sharing Plan in SC (1,937 participants, $58M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.