Board of Trustees 401(k) match, vesting and fees

Plan year 2024 filingSheet Metal Workers' Local 88 401(k) Plan · Plan 001 · EIN 88-0288318Updated Oct 2026

What Board of Trustees' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $1.3M in employer contributions, about $674 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$39,986
Average account balance
3,070
Participants (end of year)
$80M
Plan assets (end of year)
0.66%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperEmpower Annuity Insurance CompanySchedule C ↗
Independent auditorRubinbrown LLP (unmodified opinion)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 570 defined-contribution plans in construction with 1,000 to 4,999 participants.

Board of Trustees: employer contribution per participant$674
Peer median$2,900
Board of Trustees: average balance$39,986
Peer median$67,876
Board of Trustees: admin expenses ÷ assets0.66%
Peer median0.26%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $71.7M at the end of plan year 2023 to $80M at the end of plan year 2024.

$71.7M2023$80M2024
End-of-year figures from each plan year's Form 5500 filing for the Board of Trustees plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20243,070$80M$1.3M$6740.66%Not publishedForm 5500 ↗
20232,165$71.7M$1.5M$6750.87%Not publishedForm 5500 ↗

Common questions

Does Board of Trustees match 401(k) contributions?

The match terms for the Sheet Metal Workers' Local 88 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.3M in employer contributions, about $674 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Board of Trustees 401(k) match vested?

The vesting schedule for the Sheet Metal Workers' Local 88 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Board of Trustees 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Board of Trustees.

I left Board of Trustees. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Board of Trustees, (702) 734-8601) or the recordkeeper, Empower Annuity Insurance Company. The Board of Trustees old 401(k) page lists the contacts from every plan filing. Find an old Board of Trustees 401(k)

Data from the public Form 5500 annual reports Board of Trustees filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Board of Trustees. Not financial advice. Report a correction · Methodology