Trustees of the Sheet Metal Workers Local 100 (Baltimore Area) AnnuityProfit-sharing plan
SHEET METAL WORKERS LOCAL 100 (BALTIMORE AREA) ANNUITY PLAN AND TRUST · BALTIMORE, MD · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Trustees of the Sheet Metal Workers Local 100 (Baltimore Area) Annuity reported $185,198 in plan administrative expenses for 2023: 0.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,135 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 2 years on file its reported administrative ratio fell from 0.87% to 0.78%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 625th-largest of 1,671 plans among Maryland employers on file, and the 5,692nd of 13,661 in manufacturing. active participation has shrunk from 101 to 56 since 2022.
Trustees of the Sheet Metal Workers Local 100 (Baltimore Area) Annuity's 2023 employer contribution ran above the $2,440 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 521256774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.