401(k) · DOL Form 5500 · 2024
Trustees of Sheet Metal Local 10 Supplemental Retirement Fund 401(k) Plan
Data updated 2026-08-11
- $573M
- Total assets
- 4,277
- Participants
- 97th
- Percentile by assets
- $133,867
- Avg per participant
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.
- 97th percentile by assets (of 123,622 plans)
- #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.
- $573M
- total plan assets (2024 EOY)
- 4,277
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $133,867
- avg assets per participant
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.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Sheet Metal Local 10 Supplemental Retirement Fund reports 4,277 participants - 3.8x that state average ($573M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $520M |
|---|---|
| Net Assets (End of Year) | $573M |
| Net Income | $52M |
| Employer EIN | 416162383 |
| Plan Effective Date | 1973-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Sheet Metal Local 10 Supplemental Retirement Fund)
| 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
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Sheet Metal Local 10 Supplemental Retirement Fund by total assets, not by location.
- Stmicroelectronics, Inc. 401(k) Savings Plan (TX) $572M · 831
- Diebold, Incorporated 401(k) Savings Plan (OH) $572M · 3,513
- Space Exploration Technologies 401(k) Plan (CA) $571M · 13,612
- Big Y Foods, Inc. 401(k) Retirement Savings Plan (MA) $574M · 8,203
Frequently Asked Questions
How did Sheet Metal Local 10 Supplemental Retirement Fund assets move in 2024? ▼
How have Trustees of Sheet Metal Local 10 Supplemental Retirement Fund plan assets changed over time? ▼
Where does Sheet Metal Local 10 Supplemental Retirement Fund rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Sheet Metal Local 10 Supplemental Retirement Fund? ▼
Next read for Sheet Metal Local 10 Supplemental Retire…
Filing takeaways
Ways to act on Sheet Metal Local 10 Supplemental Retirement Fund's numbers.
- By total assets, Sheet Metal Local 10 Supplemental Retirement Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Trustees of Sheet Metal Local 10 Supplemental Retirement Fund's sponsor-wide assets have grown 23.6% since 2022 across 3 plan years on file. More Construction plans