Other
2023 plan-year Other DOL Form 5500

SHEET METAL WORKERS' LOCAL 88 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

BOARD OF TRUSTEES

This Other plan holds $72M in total assets and serves 825 participants as of 2023. It is sponsored by BOARD OF TRUSTEES in Nevada. The plan reported positive net income of $12M for the year.

Total Assets (2023)
$72M
Participants
825
State
Industry
Construction

What the Filing Says About SHEET METAL WORKERS' LOCAL 88 401(K) PLAN

SHEET METAL WORKERS' LOCAL 88 401(K) PLAN is a Other retirement plan sponsored by BOARD OF TRUSTEES, headquartered in Nevada. As of the 2023 Form 5500 filing, the plan reports $72M in total end-of-year assets and covers 825 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 880288318, and the plan has been effective since 1992-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $60M at the beginning of 2023 to $72M at year-end — a gain of 20.0%. Net assets (after liabilities) closed the year at $72M, with reported net income of $12M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$60M
Total Assets (End of Year)$72M
Net Assets (End of Year)$72M
Net Income$12M
Plan TypeOther
Employer EIN880288318
Plan Effective Date1992-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (BOARD OF TRUSTEES)

Year Plans Participants Total Assets
2022 1 2,673 $60M
2023 1 825 $72M
2024 1 846 $80M

Nearby Other Plans in Nevada

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the SHEET METAL WORKERS' LOCAL 88 401(K) PLAN?
As of the 2023 Form 5500 filing, SHEET METAL WORKERS' LOCAL 88 401(K) PLAN holds $72M in total assets with 825 participants. It is sponsored by BOARD OF TRUSTEES.
What type of plan is SHEET METAL WORKERS' LOCAL 88 401(K) PLAN?
SHEET METAL WORKERS' LOCAL 88 401(K) PLAN is a Other plan. It has been effective since 1992-05-01. The plan is filed with the U.S. Department of Labor under EIN 880288318.
Who sponsors the SHEET METAL WORKERS' LOCAL 88 401(K) PLAN?
SHEET METAL WORKERS' LOCAL 88 401(K) PLAN is sponsored by BOARD OF TRUSTEES, located in Nevada. The sponsor's EIN is 880288318 and the plan operates in the Construction industry.
How did SHEET METAL WORKERS' LOCAL 88 401(K) PLAN perform in 2023?
SHEET METAL WORKERS' LOCAL 88 401(K) PLAN grew by 20.0% during 2023, moving from $60M to $72M in total assets. Net income was $12M.
Where can I find official filings for SHEET METAL WORKERS' LOCAL 88 401(K) PLAN?
Official Form 5500 filings for SHEET METAL WORKERS' LOCAL 88 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 880288318 or plan name at efast.dol.gov.
How does SHEET METAL WORKERS' LOCAL 88 401(K) PLAN compare to other plans?
You can compare SHEET METAL WORKERS' LOCAL 88 401(K) PLAN against other Other plans on the plan type page, or view plans in Nevada on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 880288318.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.