401(k) · DOL Form 5500 · 2023
Trustees of Sheet Metal Local 10 Supplemental Retirement Fund 401(k) Plan
Data updated 2026-08-25
- $520M
- Total assets Above avg plan size
- 4,254
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $122,305
- Avg per participant Near avg balance/head
Official DOL plan name: Sheet Metal Local 10 Supplemental Retirement Fund · Sponsored by Trustees of Sheet Metal Local 10 Supplemental Retirement Fund · Minnesota · Construction
$520M in assets, 4,254 participants
Trustees of Sheet Metal Local 10 Supplemental Retirement Fund's Sheet Metal Local 10 Supplemental Retirement Fund reported $520M in total assets and 4,254 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- #8,781 in Construction (9,030 peers)
Coverage in Minnesota
Sheet Metal Local 10 Supplemental Retirement Fund covers 4,254 participants in Minnesota, 3.8x the typical Minnesota plan (state average ~1,126 per filing). Assets: $520M.
- #8,781
- in Construction (9,030 peers)
- +12.3%
- assets growth YoY
- 5.2×
- vs typical plan assets (national mean)
Sheet Metal Local 10 Supplemental Retirement Fund's outsized position by total assets
Sheet Metal Local 10 Supplemental Retirement Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$520,285,501 Top 3% higher than 97% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Sheet Metal Local 10 Supplemental Retirement Fund'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 Local 10 Supplemental Retirement Fund lands in the large band (4,254 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Local 10 Supplemental Retirement Fund reported net income rose from -$74M in the plan year 2022 filing to $57M in the plan year 2023 filing.
- Sheet Metal Local 10 Supplemental Retirement Fund end-of-year assets rose from $463M in the plan year 2022 filing to $520M in the plan year 2023 filing.
- Sheet Metal Local 10 Supplemental Retirement Fund reported participants fell from 4,781 in the plan year 2022 filing to 4,254 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 416162383 · Trustees of Sheet Metal Local 10 Supplemental Retirement Fund PY 2023 · 401(k)
Sheet Metal Local 10 Supplemental Retirement Fund · $520M · 4,254 · 97th
- PHOTO $520M
- IND 4,254
- EOY 97th
- 5500 401(k)
- ASSETS near Targa Resources 401(k) and Profit Sharing Plan
- PCT ind #8781
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 Minnesota →
Sheet Metal Local 10 Supplemental Retirement Fund in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $463M |
|---|---|
| Net Assets (End of Year) | $520M |
| Net Income | $57M |
| Employer EIN | 416162383 |
| Plan Effective Date | 1973-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Sheet Metal Local 10 Supplemental Retirement Fund)
Sponsor-wide plan assets over time
All Trustees of Sheet Metal Local 10 Supplemental Retirement Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $573M 23.580876192049995% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,781 | $463M |
| 2023 | 1 | 4,254 | $520M |
| 2024 | 1 | 4,277 | $573M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
- Target Corporation 401(k) Plan $13.0B · 432,617
- Medtronic Savings and Investment Plan $12.9B · 44,342
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
- U.S. Bank 401(k) Savings Plan $10.3B · 75,272
Sheet Metal Local 10 Supplemental Retirement Fund's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Targa Resources 401(k) and Profit Sharing Plan in TX ($520M); by covered participants it is Championx 401(k) Plan in TX (4,253 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($520M here).
- Targa Resources 401(k) and Profit Sharing Plan (TX) $520M · 2,724
- Information Resources, Inc. 401(k) Retirement Savings Plan (IL) $520M · 2,307
- Dakotas Areawide IBEW-NECA Savings and Retirement Plan (ND) $521M · 3,853
- Sonic Healthcare USA Savings Plan (TX) $521M · 7,170
Similar participant headcount
Nearest other-state filings by covered participants (4,254 participants); asset peers above are excluded.
- Championx 401(k) Plan (TX) 4,253 · 1 off
- Northwest Agc Chapters Retirement Plan (OR) 4,253 · 1 off
- Nclc 401(k) Plan (FL) 4,251 · 3 off
- Shearer's Foods, LLC Retirement Savings Plan (OH) 4,257 · 3 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.