Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd 401(k) Plan: Login, Facts & Contact Information

Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd 401(k) Plan Facts

Plan name
SHEET METAL WORKERS UNION LOCAL 38 PROFIT SHARING FUND
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BD OF TRUSTEES OF SHEET METAL WORKERS UNION L38 PROFIT SHARING FD
Participants
1,445 (1,107 active employees)
Former employees with a balance
150
Plan assets
$213,543,051 at Dec 31, 2024
Average account balance
$181,122 across 1,179 accounts
Employer contributions
$7,437,990 in plan year 2024 (97% of all contributions)
Recordkeeper
Empower Life & Annuity Insurance Co
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1970
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 22, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.64 million went into the plan in contributions, $7.44 million of it from the employer (97%).
  • $14.7 million was paid out to participants.
  • Investment and other income added $20.5 million.
  • Administrative expenses were $538,019, about $456 per account.

How the Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,086$174.8 million$7.13 million$6.74 million
20201,235$193.1 million$5.97 million$6.69 million
20211,226$208.5 million$6.24 million$10.2 million
20221,225$186.5 million$7.09 million$10.4 million
20231,418$201.2 million$7.19 million$14.5 million
20241,445$213.5 million$7.44 million$14.7 million

Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd 401(k) Contact Information

Phone
845-278-9633
Mailing address
38 STARR RIDGE ROAD, BREWSTER NY 105094503
Plan sponsor
BD OF TRUSTEES OF SHEET METAL WORKERS UNION L38 PROFIT SHARING FD
Employer identification number (EIN)
13-3319782
Plan number
001

Questions about the Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd 401(k)

Does Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $7.44 million, 97% of all contributions.

Does the Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd 401(k) plan?

1,445 participants at the start of plan year 2024, 1,107 of them active employees, and 150 former employees who still had money in the plan.

What is the average 401(k) balance at Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd?

About $181,122 per account: $213.5 million in plan assets across 1,179 accounts with a balance at the end of plan year 2024.

Who manages the Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd 401(k) accounts?

Empower (listed on the filing as EMPOWER LIFE & ANNUITY INSURANCE CO) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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