Sheet Metal Workers Pension Fund of Local Union retirement plan: assets, participants and fees
What Sheet Metal Workers Pension Fund of Local Union'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 | Bridgeway Benefit Technology | Schedule C ↗ |
| Independent auditor | Novak Francella, LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 20 pension plans in administrative, support and waste management services with 1,000 to 4,999 participants.
| Sheet Metal Workers Pension Fund of Local Union: employer contribution per participant | $10,100 | |
| Peer median | $3,011 |
| Sheet Metal Workers Pension Fund of Local Union: average balance | $123,310 | |
| Peer median | $86,199 |
| Sheet Metal Workers Pension Fund of Local Union: admin expenses ÷ assets | 1.59% | |
| Peer median | 0.71% |
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 $474M at the end of plan year 2021 to $519M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,207 | $519M | $42.5M | $10,100 | 1.59% | Not published | Form 5500 ↗ |
| 2023 | 4,236 | $487M | $39.6M | $9,338 | 1.53% | Not published | Form 5500 ↗ |
| 2022 | 4,218 | $469M | $39.6M | $9,395 | 1.58% | Not published | Form 5500 ↗ |
| 2021 | 4,183 | $474M | $39.3M | $9,404 | 1.41% | Not published | Form 5500 ↗ |
Common questions
Does Sheet Metal Workers Pension Fund of Local Union match 401(k) contributions?
The match terms for the Sheet Metal Workers Pension Fund of Local Union No. 19 have not been published from its filing yet. The plan year 2024 filing reports $42.5M in employer contributions, about $10,100 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sheet Metal Workers Pension Fund of Local Union 401(k) match vested?
The vesting schedule for the Sheet Metal Workers Pension Fund of Local Union No. 19 is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sheet Metal Workers Pension Fund of Local Union 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Bridgeway Benefit Technology. The plan administrator is Sheet Metal Workers Pension Fund of Local Union.
I left Sheet Metal Workers Pension Fund of Local Union. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sheet Metal Workers Pension Fund of Local Union, (215) 952-1990) or the recordkeeper, Bridgeway Benefit Technology. The Sheet Metal Workers Pension Fund of Local Union old 401(k) page lists the contacts from every plan filing. Find an old Sheet Metal Workers Pension Fund of Local Union 401(k)
Data from the public Form 5500 annual reports Sheet Metal Workers Pension Fund of Local Union 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 Pension Fund of Local Union. Not financial advice. Report a correction · Methodology