401(k) · DOL Form 5500 · 2024

Joint Board of Trustees - Sheet Metal Local 124 401(k) Plan

Data updated 2026-08-11

$38M
Total assets
299
Participants
81st
Percentile by assets
$126,734
Avg per participant
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Official DOL plan name: Sheet Metal Workers Local No 124 Supplemental Retirement · Sponsored by Joint Board of Trustees - Sheet Metal Local 124 · Oklahoma · Other Services

$38M in assets, 299 participants

Joint Board of Trustees - Sheet Metal Local 124's Sheet Metal Workers Local No 124 Supplemental Retirement reported $38M in total assets and 299 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • 81st percentile by assets (of 123,622 plans)
  • #7,006 in Other Services (7,719 peers)

Coverage in Oklahoma

Sheet Metal Workers Local No 124 Supplemental Retirement covers 299 participants in Oklahoma, about 39% of the average Oklahoma filer (state average ~760 per filing). Assets: $38M.

$38M
total plan assets (2024 EOY)
299
covered participants
81st
percentile by assets (of 123,622 plans)
$126,734
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local No 124 Supplemental Retirement reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Sheet Metal Workers Local No 124 Supplemental Retirement end-of-year assets rose from $35M in the plan year 2023 filing to $38M in the plan year 2024 filing.
  • Sheet Metal Workers Local No 124 Supplemental Retirement reported participants rose from 278 in the plan year 2023 filing to 299 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Oklahoma filers

In Oklahoma, the average filing covers about 760 participants across 1,268 plans. Sheet Metal Workers Local No 124 Supplemental Retirement reports 299 participants - about 39% of that state average ($38M EOY assets).

Oklahoma filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$38M
Net Income$3M
Employer EIN736145795
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees - Sheet Metal Local 124)

$75M$80M$85M$90M$95M$100M 202220232024 $79.2M $95.1M â–˛ +20.2%
Total plan assets by year, all Joint Board of Trustees - Sheet Metal Local 124 plans on file
Year Plans Participants Total Assets
2022 2 547 $79M
2023 2 599 $87M
2024 2 619 $95M

Nearby 401(k) Plans in Oklahoma

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

Sheet Metal Workers Local No 124 Supplemental Retirement vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Sheet Metal Workers Local No 124 Supplemental Retirement vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20246 Total assets ($B) Participants Sheet Metal Workers …Quiktrip Corporation…The Williams Investm…Oneok, Inc. 401(k) P…Bok Financial 401(k)…Devon Energy Corpora…
Sheet Metal Workers Local No 124 Supplemental Retirement vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sheet Metal Workers Local No 124 Supplemental Retirement by total assets, not by location.

Frequently Asked Questions

How did Sheet Metal Workers Local No 124 Supplemental Retirement assets move in 2024?
Sheet Metal Workers Local No 124 Supplemental Retirement grew at a solid clip - up 8.9% during 2024, from $35M to $38M. Reported net income was $3M.
How have Joint Board of Trustees - Sheet Metal Local 124 plan assets changed over time?
Across 3 plan years on file (2022-2024), Joint Board of Trustees - Sheet Metal Local 124's sponsor-wide assets grew 20.2%, from $79M to $95M.
Where does Sheet Metal Workers Local No 124 Supplemental Retirement rank by assets among Form 5500 filers?
Sheet Metal Workers Local No 124 Supplemental Retirement ranks in the 81st 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 No 124 Supplemental Retirement?
Among 401(k) plans in other states, the closest by assets is Mitsui Kinzoku North American 401(k) Retirement Plan in IN ($38M, 428 participants).

Next read for Sheet Metal Workers Local No 124 Supplem…

Filing takeaways

Ways to act on Sheet Metal Workers Local No 124 Supplemental Retirement's numbers.