Sheet Metal 7 Zone 3 Pension Fund retirement plan: assets, participants and fees
What Sheet Metal 7 Zone 3 Pension Fund's retirement plan 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 | Benesys Inc. | Schedule C ↗ |
| Independent auditor | Wesley Haddad & Co LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 138 pension plans in construction with 500 to 999 participants.
| Sheet Metal 7 Zone 3 Pension Fund: employer contribution per participant | $8,408 | |
| Peer median | $5,251 |
| Sheet Metal 7 Zone 3 Pension Fund: average balance | $114,539 | |
| Peer median | $91,436 |
| Sheet Metal 7 Zone 3 Pension Fund: admin expenses ÷ assets | 0.69% | |
| Peer median | 0.77% |
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 $63.1M at the end of plan year 2021 to $65.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 571 | $65.4M | $4.8M | $8,408 | 0.69% | Not published | Form 5500 ↗ |
| 2023 | 607 | $62.2M | $4.3M | $7,118 | 0.75% | Not published | Form 5500 ↗ |
| 2022 | 611 | $60M | $3.5M | $5,669 | 0.76% | Not published | Form 5500 ↗ |
| 2021 | 610 | $63.1M | $3.2M | $5,174 | 0.83% | Not published | Form 5500 ↗ |
Common questions
Does Sheet Metal 7 Zone 3 Pension Fund match 401(k) contributions?
The match terms for the Sheet Metal 7 Zone 3 Pension Fund have not been published from its filing yet. The plan year 2024 filing reports $4.8M in employer contributions, about $8,408 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sheet Metal 7 Zone 3 Pension Fund 401(k) match vested?
The vesting schedule for the Sheet Metal 7 Zone 3 Pension Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sheet Metal 7 Zone 3 Pension Fund 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Benesys Inc.. The plan administrator is Sheet Metal 7 Zone 3 Pension Fund.
I left Sheet Metal 7 Zone 3 Pension Fund. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sheet Metal 7 Zone 3 Pension Fund, (248) 813-9800) or the recordkeeper, Benesys Inc.. The Sheet Metal 7 Zone 3 Pension Fund old 401(k) page lists the contacts from every plan filing. Find an old Sheet Metal 7 Zone 3 Pension Fund 401(k)
Data from the public Form 5500 annual reports Sheet Metal 7 Zone 3 Pension Fund filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Sheet Metal 7 Zone 3 Pension Fund. Not financial advice. Report a correction · Methodology