Profit Sharing · DOL Form 5500 · 2023
Smw Union Local No. 24 Columbus Profit Sharing Plan
Data updated 2026-08-11
- $39M
- Total assets
- 776
- Participants
- 83rd
- Percentile by assets
- $49,659
- Avg per participant
Official DOL plan name: Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan · Sponsored by Smw Union Local No. 24 Columbus · Ohio · Construction
$39M in assets, 776 participants
Smw Union Local No. 24 Columbus's Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan reported $39M in total assets and 776 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.
- 83rd percentile by assets (of 127,072 plans)
- #7,299 in Construction (9,030 peers)
Where Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan sits by assets
Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan sits in the top quartile of all filed plans by assets, $39M for 776 participants (~$49,659/participant), up 25.4% in 2023.
- $39M
- total plan assets (2023 EOY)
- 776
- covered participants
- 83rd
- percentile by assets (of 127,072 plans)
- $49,659
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan reported net income rose from -$3M in the plan year 2022 filing to $8M in the plan year 2023 filing.
- Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan end-of-year assets rose from $31M in the plan year 2022 filing to $39M in the plan year 2023 filing.
- Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan reported participants rose from 640 in the plan year 2022 filing to 776 in the plan year 2023 filing.
Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan vs the 2023 asset distribution
By assets, Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan outranks 83% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $31M |
|---|---|
| Net Assets (End of Year) | $39M |
| Net Income | $8M |
| Employer EIN | 311764742 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Smw Union Local No. 24 Columbus)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 640 | $31M |
| 2023 | 1 | 776 | $39M |
| 2024 | 1 | 915 | $48M |
Nearby Profit Sharing Plans in Ohio
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants
- Cleveland Clinic Investment Pension Plan $1.5B · 48,582
- Masterbrand, Inc. Retirement Savings Plan $485M · 7,345
- The Employer Retirement Savings Plan- Premier Health Partners $228M · 11,923
- Three Rivers Annuity Fund $199M · 1,460
- Holzer Health System 401a Profit Sharing Plan $175M · 1,779
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan by total assets, not by location.
Frequently Asked Questions
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Ways to act on Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan's numbers.
- By total assets, Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Ohio. Compare plans
- Smw Union Local No. 24 Columbus's sponsor-wide assets have grown 55.1% since 2022 across 3 plan years on file. More Construction plans