Board of Trustees Sheet Metal Workers' Local No. 40 Supplemental Retir401(k)
SHEET METAL WORKERS' LOCAL NO. 40 SUPPLEMENTAL RET · WALLINGFORD, CT · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees Sheet Metal Workers' Local No. 40 Supplemental Retir reported $186,552 in plan administrative expenses for 2022: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,033 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other construction employers. By assets it is the 273rd-largest of 1,106 plans among Connecticut employers on file, and the 908th of 5,337 in construction. In 2022, the employer put in $10.37 for every $1.00 employees contributed themselves.
Board of Trustees Sheet Metal Workers' Local No. 40 Supplemental Retir's 2022 employer contribution ran above the $3,449 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 061074075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.