Sheet Metal Workers Local No. 124 Pension Plan 401(k) match, vesting and fees
What Sheet Metal Workers Local No. 124 Pension Plan'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 Insurance Co | Schedule C ↗ |
| Independent auditor | Morrow & Co. LLC Cpas (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 2,561 defined-contribution plans in other services with 100 to 499 participants.
| Sheet Metal Workers Local No. 124 Pension Plan: employer contribution per participant | $3,137 | |
| Peer median | $1,803 |
| Sheet Metal Workers Local No. 124 Pension Plan: average balance | $83,100 | |
| Peer median | $48,934 |
| Sheet Metal Workers Local No. 124 Pension Plan: admin expenses ÷ assets | 0.43% | |
| Peer median | 0.31% |
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 $30.1M at the end of plan year 2021 to $37.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 456 | $37.9M | $1.4M | $3,137 | 0.43% | Not published | Form 5500 ↗ |
| 2023 | 441 | $34.8M | $1.4M | $3,121 | 0.42% | Not published | Form 5500 ↗ |
| 2022 | 425 | $32.6M | $1.3M | $3,062 | 0.36% | Not published | Form 5500 ↗ |
| 2021 | 421 | $30.1M | $1M | $2,465 | 0.53% | Not published | Form 5500 ↗ |
Other Sheet Metal Workers Local No. 124 Pension Plan plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Sheet Metal Workers Local No. 124 Pension Plan
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 Insurance Co. | Schedule C ↗ |
| Independent auditor | Morrow & Co., LLC Cpas (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Sheet Metal Workers Local No. 124 Pension Plan match 401(k) contributions?
The match terms for the Sheet Metal Workers Local No 124 Supplemental Retirement have not been published from its filing yet. The plan year 2024 filing reports $1.4M in employer contributions, about $3,137 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sheet Metal Workers Local No. 124 Pension Plan 401(k) match vested?
The vesting schedule for the Sheet Metal Workers Local No 124 Supplemental Retirement is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sheet Metal Workers Local No. 124 Pension Plan 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Co. The plan administrator is Joint Board of Trustees - Sheet Metal Local 124.
I left Sheet Metal Workers Local No. 124 Pension Plan. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Joint Board of Trustees - Sheet Metal Local 124, (405) 848-4848) or the recordkeeper, Empower Annuity Insurance Co. The Sheet Metal Workers Local No. 124 Pension Plan old 401(k) page lists the contacts from every plan filing. Find an old Sheet Metal Workers Local No. 124 Pension Plan 401(k)
Data from the public Form 5500 annual reports Sheet Metal Workers Local No. 124 Pension Plan 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 Workers Local No. 124 Pension Plan. Not financial advice. Report a correction · Methodology