Trustees Sheet Metal Workers Local No. 20 Defined Contribution PensionDC plan
SHEET METAL WORKERS LOCAL UNION NO 20 DEFINED CONTRIBUTION PENSION PLAN · INDIANAPOLIS, IN · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Trustees Sheet Metal Workers Local No. 20 Defined Contribution Pension reported $537,212 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,801 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 rose from 0.45% to 0.53%. 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 139th-largest of 1,562 plans among Indiana employers on file, and the 583rd of 5,337 in construction. active participation has grown from 2,484 to 3,047 since 2022.
Trustees Sheet Metal Workers Local No. 20 Defined Contribution Pension'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.
Annual cost at the plan's reported 2024 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.
This plan has changed recordkeepers within these filings. If you left Trustees Sheet Metal Workers Local No. 20 Defined Contribution Pension before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 352062343 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.