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
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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.

See the national 2022→2023 release diff →

State
Industry

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 EIN311764742
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smw Union Local No. 24 Columbus)

$20M$30M$40M$50M 202220232024 $30.7M $47.7M ▲ +55.1%
Total plan assets by year, all Smw Union Local No. 24 Columbus plans on file
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

Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants Sheet Metal Workers …Cleveland Clinic Inv…Masterbrand, Inc. Re…The Employer Retirem…Three Rivers Annuity…Holzer Health System…
Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

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

How did Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan assets move in 2023?
Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan grew sharply - up 25.4% during 2023, from $31M to $39M. Reported net income was $8M.
How have Smw Union Local No. 24 Columbus plan assets changed over time?
Across 3 plan years on file (2022-2024), Smw Union Local No. 24 Columbus's sponsor-wide assets grew 55.1%, from $31M to $48M.
Where does Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan rank by assets among Form 5500 filers?
Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sheet Metal Workers Union Local No.24 Columbus Area Retirement Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Northwestern Health Sciences University Defined Contribution Plan in MN ($39M, 252 participants).

Next read for Sheet Metal Workers Union Local No.24 Co…

Scale reading

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