401(k) · DOL Form 5500 · 2024

Board of Trustees 401(k) Plan

Data updated 2026-08-25

$80M
Total assets Below avg plan size
846
Participants Near avg headcount
89th
Percentile by assets National rank
$94,706
Avg per participant Below avg balance/head
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Official DOL plan name: Sheet Metal Workers' Local 88 401(k) Plan · Sponsored by Board of Trustees · Nevada · Construction

$80M in assets, 846 participants

Board of Trustees's Sheet Metal Workers' Local 88 401(k) Plan reported $80M in total assets and 846 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,853 in Construction (9,039 peers)

Where Sheet Metal Workers' Local 88 401(k) Plan sits by assets

Sheet Metal Workers' Local 88 401(k) Plan sits in the top quartile of all filed plans by assets, $80M for 846 participants (~$94,706/participant), up 11.5% in 2024.

#7,853
in Construction (9,039 peers)
+11.5%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Sheet Metal Workers' Local 88 401(k) Plan's outsized position by total assets

Sheet Metal Workers' Local 88 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$80,121,434 Top 11% higher than 89% 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 Workers' Local 88 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers' Local 88 401(k) Plan sits mid-pack in the medium band (846 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers' Local 88 401(k) Plan reported net income fell from $12M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Sheet Metal Workers' Local 88 401(k) Plan end-of-year assets rose from $72M in the plan year 2023 filing to $80M in the plan year 2024 filing.
  • Sheet Metal Workers' Local 88 401(k) Plan reported participants rose from 825 in the plan year 2023 filing to 846 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 880288318 · Board of Trustees PY 2024 · 401(k)

Sheet Metal Workers' Local 88 401(k) Plan · $80M · 846 · 89th

  • 5500 $80M
  • ASSETS 846
  • PCT 89th
  • EIN 401(k)
  • RANK near Technimark Retirement Savings Plan
  • PHOTO ind #7853

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 Nevada →

Sheet Metal Workers' Local 88 401(k) Plan in the asset neighbourhood

Alto Ingredients, Inc. 401(k) PlanAlto Ingredients, Inc. 401(k…$80MSheet Metal Workers' Local 88 401(k) PlanSheet Metal Workers' Local 8…$80MTechnimark Retirement Savings PlanTechnimark Retirement Saving…$80MGoldbelt 401(k) Plan$80MScottmadden, Inc. 401(k) Profit Sharing PlanScottmadden, Inc. 401(k) Pro…$80M
End-of-year total assets ($M) among Sheet Metal Workers' Local 88 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$80M
Net Income$8M
Employer EIN880288318
Plan Effective Date1992-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees)

Sponsor-wide plan assets over time

All Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$80M 33.768893662394696% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $59.9M $80.1M ▲ +33.8%
Year Plans Participants Total Assets
2022 1 2,673 $60M
2023 1 825 $72M
2024 1 846 $80M

Nearby 401(k) Plans in Nevada

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers' Local 88 401(k) Plan vs. nearby 401(k) plans in Nevada, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.522.5 Total assets ($B) Participants Sheet Metal Workers' Local 88 401(k) Plan, Total assets ($B): 0.080121434 · Participants: 846Sheet Metal Workers' Local 88 401(k) PlanThe Mgm Resorts 401(k) Savings Plan, Total assets ($B): 2.241956368 · Participants: 37719The Mgm Resorts 401(k) Savings PlanCaesars Entertainment, Inc 401(k) Plan, Total assets ($B): 1.939824866 · Participants: 46859Caesars Entertainment, Inc 401(k) PlanBarrick Retirement Plan, Total assets ($B): 1.341794728 · Participants: 7327Barrick Retirement PlanEighth District Electrical Pension Fund Annuity Plan, Total assets ($B): 1.127663414 · Participants: 21516Eighth District Electrical Pension Fund Annuity PlanNv Energy 401(k) Plan, Total assets ($B): 1.125514142 · Participants: 2669Nv Energy 401(k) Plan
Sheet Metal Workers' Local 88 401(k) Plan vs. nearby 401(k) plans in Nevada, assets vs. participants
Compare Sheet Metal Workers' Local 88 401(k) Plan side-by-side with 3 peers →

Sheet Metal Workers' Local 88 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Nevada, the nearest 401(k) by assets is Technimark Retirement Savings Plan in NC ($80M); by covered participants it is Cit Trucks Retirement Readiness Plan in IL (846 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($80M here).

Similar participant headcount

Nearest other-state filings by covered participants (846 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 Workers' Local 88 401(k) Plan assets move in 2024? ▼
Sheet Metal Workers' Local 88 401(k) Plan grew at a solid clip - up 11.5% during 2024, from $72M to $80M. Reported net income was $8M.
How have Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees's sponsor-wide assets grew 33.8%, from $60M to $80M.
Where does Sheet Metal Workers' Local 88 401(k) Plan rank by assets among Form 5500 filers? ▼
Sheet Metal Workers' Local 88 401(k) Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sheet Metal Workers' Local 88 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Technimark Retirement Savings Plan in NC ($80M, 1,805 participants).
Which 401(k) plans cover a similar participant headcount to Sheet Metal Workers' Local 88 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cit Trucks Retirement Readiness Plan in IL (846 participants, $57M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 880288318.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.