Board of Trustees Sheet Metal Workers Local 2 401(k) match, vesting and fees
What Board of Trustees Sheet Metal Workers Local 2's 401(k) plan says about matching contributions
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.
| Recordkeeper | Empower Annuity Ins Co of America | Schedule C ↗ |
| Independent auditor | Novak Birks, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2025 medians for 98 defined-contribution plans in construction with 1,000 to 4,999 participants.
| Board of Trustees Sheet Metal Workers Local 2: employer contribution per participant | $559 | |
| Peer median | $3,042 |
| Board of Trustees Sheet Metal Workers Local 2: average balance | $47,693 | |
| Peer median | $88,965 |
| Board of Trustees Sheet Metal Workers Local 2: admin expenses ÷ assets | 0.28% | |
| Peer median | 0.18% |
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 $103M at the end of plan year 2021 to $124M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 4,237 | $124M | $1.5M | $559 | 0.28% | Not published | Form 5500 ↗ |
| 2024 | 3,386 | $108M | $1.5M | $686 | 0.29% | Not published | Form 5500 ↗ |
| 2023 | 2,514 | $97.3M | — | — | 0.28% | Not published | Form 5500 ↗ |
| 2022 | 2,285 | $85.8M | — | — | 0.28% | Not published | Form 5500 ↗ |
| 2021 | 2,129 | $103M | — | — | 0.25% | Not published | Form 5500 ↗ |
Common questions
Does Board of Trustees Sheet Metal Workers Local 2 match 401(k) contributions?
The match terms for the Sheet Metal Workers Local No. 2 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $1.5M in employer contributions, about $559 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Board of Trustees Sheet Metal Workers Local 2 401(k) match vested?
The vesting schedule for the Sheet Metal Workers Local No. 2 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Board of Trustees Sheet Metal Workers Local 2 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Empower Annuity Ins Co of America. The plan administrator is Board of Trustees Sheet Metal Workers Local 2.
I left Board of Trustees Sheet Metal Workers Local 2. 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 Sheet Metal Workers Local 2, (816) 254-8021) or the recordkeeper, Empower Annuity Ins Co of America. The Board of Trustees Sheet Metal Workers Local 2 old 401(k) page lists the contacts from every plan filing. Find an old Board of Trustees Sheet Metal Workers Local 2 401(k)
Data from the public Form 5500 annual reports Board of Trustees Sheet Metal Workers Local 2 filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Sheet Metal Workers Local 2. Not financial advice. Report a correction · Methodology