401(k) · DOL Form 5500 · 2024

Trustees of Sheet Metal Local 10 Supplemental Retirement Fund 401(k) Plan

Data updated 2026-08-25

$573M
Total assets Above avg plan size
4,277
Participants Above avg headcount
97th
Percentile by assets National rank
$133,867
Avg per participant Near avg balance/head
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Official DOL plan name: Sheet Metal Local 10 Supplemental Retirement Fund · Sponsored by Trustees of Sheet Metal Local 10 Supplemental Retirement Fund · Minnesota · Construction

$573M in assets, 4,277 participants

Trustees of Sheet Metal Local 10 Supplemental Retirement Fund's Sheet Metal Local 10 Supplemental Retirement Fund reported $573M in total assets and 4,277 participants in its 2024 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.

  • #8,802 in Construction (9,039 peers)

Coverage in Minnesota

Sheet Metal Local 10 Supplemental Retirement Fund covers 4,277 participants in Minnesota, 3.8x the typical Minnesota plan (state average ~1,126 per filing). Assets: $573M.

#8,802
in Construction (9,039 peers)
+10.0%
assets growth YoY
5.7×
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 2024 · DOL Form 5500

$572,549,668 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Sheet Metal Local 10 Supplemental Retirement Fund's large-plan peer group by participant headcount

Plan-year 2024 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 (4,277 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Local 10 Supplemental Retirement Fund end-of-year assets rose from $520M in the plan year 2023 filing to $573M in the plan year 2024 filing.
  • Sheet Metal Local 10 Supplemental Retirement Fund reported net income fell from $57M in the plan year 2023 filing to $52M in the plan year 2024 filing.
  • Sheet Metal Local 10 Supplemental Retirement Fund reported participants rose from 4,254 in the plan year 2023 filing to 4,277 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 416162383 · Trustees of Sheet Metal Local 10 Supplemental Retirement Fund PY 2024 · 401(k)

Sheet Metal Local 10 Supplemental Retirement Fund · $573M · 4,277 · 97th

  • BOY $573M
  • SCH 4,277
  • EBSA 97th
  • PART 401(k)
  • TYPE near Stmicroelectronics, Inc. 401(k) Savings Plan
  • NET ind #8802

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

Big Y Foods, Inc. 401(k) Retirement Savings PlanBig Y Foods, Inc. 401(k) Ret…$574MSheet Metal Local 10 Supplemental Retirement FundSheet Metal Local 10 Supplem…$573MStmicroelectronics, Inc. 401(k) Savings PlanStmicroelectronics, Inc. 401…$572MDiebold, Incorporated 401(k) Savings PlanDiebold, Incorporated 401(k)…$572MSpace Exploration Technologies 401(k) PlanSpace Exploration Technologi…$571M
End-of-year total assets ($M) among Sheet Metal Local 10 Supplemental Retirement Fund and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$520M
Net Assets (End of Year)$573M
Net Income$52M
Employer EIN416162383
Plan Effective Date1973-05-01
Filing StatusFILING 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
$450M$500M$550M$600M 202220232024 $463M $573M ▲ +23.6%
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.

Sheet Metal Local 10 Supplemental Retirement Fund vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Sheet Metal Local 10 Supplemental Retirement Fund, Total assets ($B): 0.572549668 · Participants: 4277Sheet Metal Local 10 Supplemental Retirement FundWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Sheet Metal Local 10 Supplemental Retirement Fund vs. nearby 401(k) plans in Minnesota, assets vs. participants

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 Stmicroelectronics, Inc. 401(k) Savings Plan in TX ($572M); by covered participants it is Idex Corporation Savings Plan in IL (4,277 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($573M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,277 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sheet Metal Local 10 Supplemental Retirement Fund assets move in 2024? ▼
Sheet Metal Local 10 Supplemental Retirement Fund grew at a solid clip - up 10.0% during 2024, from $520M to $573M. Reported net income was $52M.
How have Trustees of Sheet Metal Local 10 Supplemental Retirement Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Sheet Metal Local 10 Supplemental Retirement Fund's sponsor-wide assets grew 23.6%, from $463M to $573M.
Where does Sheet Metal Local 10 Supplemental Retirement Fund rank by assets among Form 5500 filers? ▼
Sheet Metal Local 10 Supplemental Retirement Fund ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Sheet Metal Local 10 Supplemental Retirement Fund? ▼
Among 401(k) plans in other states, the closest by assets is Stmicroelectronics, Inc. 401(k) Savings Plan in TX ($572M, 831 participants).
Which 401(k) plans cover a similar participant headcount to Sheet Metal Local 10 Supplemental Retirement Fund? ▼
Among 401(k) plans in other states, the closest by covered participants is Idex Corporation Savings Plan in IL (4,277 participants, $962M in assets).