Money Purchase · DOL Form 5500 · 2023
Board of Trustees, Southern California Sheet Metal Money Purchase Plan
Data updated 2026-08-11
- $490M
- Total assets
- 4,054
- Participants
- 97th
- Percentile by assets
- $120,871
- Avg per participant
Official DOL plan name: Southern California Sheet Metal Workers' 401(a) Plan · Sponsored by Board of Trustees, Southern California Sheet Metal · California · Construction
$490M in assets, 4,054 participants
Board of Trustees, Southern California Sheet Metal's Southern California Sheet Metal Workers' 401(a) Plan reported $490M in total assets and 4,054 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.
- 97th percentile by assets (of 127,072 plans)
- #8,768 in Construction (9,030 peers)
Coverage in California
Southern California Sheet Metal Workers' 401(a) Plan covers 4,054 participants in California, 6.4x the typical California plan (state average ~630 per filing). Assets: $490M.
- $490M
- total plan assets (2023 EOY)
- 4,054
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $120,871
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Southern California Sheet Metal Workers' 401(a) Plan reported net income rose from $41M in the plan year 2022 filing to $46M in the plan year 2023 filing.
- Southern California Sheet Metal Workers' 401(a) Plan end-of-year assets rose from $444M in the plan year 2022 filing to $490M in the plan year 2023 filing.
- Southern California Sheet Metal Workers' 401(a) Plan reported participants fell from 4,288 in the plan year 2022 filing to 4,054 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Southern California Sheet Metal Workers' 401(a) Plan reports 4,054 participants - 6.4x that state average ($490M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $444M |
|---|---|
| Net Assets (End of Year) | $490M |
| Net Income | $46M |
| Employer EIN | 330319259 |
| Plan Effective Date | 1989-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Southern California Sheet Metal)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,288 | $444M |
| 2023 | 1 | 4,054 | $490M |
| 2024 | 1 | 4,074 | $548M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Southern California Sheet Metal Workers' 401(a) Plan vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.0B · 18,060
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.1B · 36,330
- University of Southern California Defined Contribution Retirement Plan $4.4B · 20,136
- Carpenters Annuity Trust Fund for Northern California $3.3B · 25,961
- Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan $2.2B · 23,168
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Southern California Sheet Metal Workers' 401(a) Plan by total assets, not by location.
- Painters and Allied Trades District Council No.35 Annuity Fund (MA) $491M · 2,917
- Brewery Conference/Anheuser-Busch Defined Contribution Plan (MO) $500M · 2,621
- Michigan Regional Council of Carpenters' Annuity Fund (MI) $500M · 17,454
- The Children's Mercy Hospital Retirement Plan (MO) $503M · 6,519
Frequently Asked Questions
How did Southern California Sheet Metal Workers' 401(a) Plan assets move in 2023? ▼
How have Board of Trustees, Southern California Sheet Metal plan assets changed over time? ▼
Where does Southern California Sheet Metal Workers' 401(a) Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Southern California Sheet Metal Workers' 401(a) Plan? ▼
Next read for Southern California Sheet Metal Workers'…
Filing takeaways
Ways to act on Southern California Sheet Metal Workers' 401(a) Plan's numbers.
- By total assets, Southern California Sheet Metal Workers' 401(a) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- Board of Trustees, Southern California Sheet Metal's sponsor-wide assets have grown 23.2% since 2022 across 3 plan years on file. More Construction plans