Plan Ledger DOL Form 5500 · updated monthly

Sheet Metal Workers Local 100 401K Plan401(k)

SHEET METAL WORKERS LOCAL 100 401K PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.17%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Sheet Metal Workers Local 100 401K Plan reported $255,729 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,045 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.166%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 71st-largest of 1,021 plans among Oregon employers on file, and the 416th of 5,337 in construction. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$161,169,455
Participants with balances3,401
Active participants3,240
Employer contributions$3,384,471
Employee contributions$4,384,096
Employer contribution per active participant$1,045
Average account balance$47,389
Benefits paid to participants$10,195,560
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$161.2M · 3,401 accts · $3.4M emplr
2023$147.7M · 4,115 accts · $3.1M emplr
2022$130.3M · 4,087 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,422
Investment management$60,000
Audit (IQPA)$8,000
Total administrative$255,729
The Sheet Metal Workers Local 100 401K Plan 401(k) match · 2024
Employer contribution per active participant$1,045
Median for plans this size$3,635
2024$1,045 per active participant
2023$950 per active participant
2022$1,094 per active participant

Sheet Metal Workers Local 100 401K Plan's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
WILLIAM C. EARHART CO., INC · Contract administrator$117,124
GYL FINANACIAL SYNERGIES, LLC · Investment advisory (plan)$60,000
O'DONOGHUE & O'DONOGHUE LLP · Legal$19,333
NOVAK FRANCELLA, LLC · Accounting / audit$17,298

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$255,729 · 0.17%
2023$253,130 · 0.18%
2022$234,195 · 0.17%
Similar plansConstruction · Oregon
Hoffman Corporation OR$205.9M · 0.00%
Ibew LU-1141 Pension Trust OR$188.7M · 0.14%
Walsh Construction Co. OR$158.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522080474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.