Board Of Trustees Of Sheet Metal Workers Local Union 263 401(k) Plan: Login, Facts & Contact Information

Board Of Trustees Of Sheet Metal Workers Local Union 263 401(k) Plan Facts

Plan name
SHEET METAL WORKERS LOCAL UNION NO. 263 RETIREMENT SAVINGS PLAN
Plan type
401(k)
Plan sponsor
BOARD OF TRUSTEES OF SHEET METAL WORKERS LOCAL UNION NO. 263 RETIREMEN
Participants
555 (560 active employees)
Former employees with a balance
2
Plan assets
$42,363,295 at Dec 31, 2024
Average account balance
$74,715 across 567 accounts
Employer contributions
$1,099,536 in plan year 2024 (58% of all contributions)
Recordkeeper
Milliman Financial Risk Management
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1992
— 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 Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.89 million went into the plan in contributions, $1.10 million of it from the employer (58%).
  • $1.13 million was paid out to participants.
  • Investment and other income added $4.60 million.
  • Administrative expenses were $181,426, about $320 per account.

How the Board Of Trustees Of Sheet Metal Workers Local Union 263 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019460$26.9 million$765,440$954,803
2020471$31.4 million$749,469$633,222
2021484$36.7 million$789,134$248,542
2022510$31.8 million$922,054$203,206
2023526$37.2 million$1.04 million$1.64 million
2024555$42.4 million$1.10 million$1.13 million

Board Of Trustees Of Sheet Metal Workers Local Union 263 401(k) Contact Information

Phone
319-365-2810
Mailing address
150 FIRST AVENUE NE, STE 450, CEDAR RAPIDS IA 524011115
Plan sponsor
BOARD OF TRUSTEES OF SHEET METAL WORKERS LOCAL UNION NO. 263 RETIREMEN
Employer identification number (EIN)
42-6498549
Plan number
001

Questions about the Board Of Trustees Of Sheet Metal Workers Local Union 263 401(k)

Does Board Of Trustees Of Sheet Metal Workers Local Union 263 contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $1.10 million in employer contributions for plan year 2024.

Does the Board Of Trustees Of Sheet Metal Workers Local Union 263 401(k) have automatic enrollment?

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

How many people are in the Board Of Trustees Of Sheet Metal Workers Local Union 263 401(k) plan?

555 participants at the start of plan year 2024, 560 of them active employees, and 2 former employees who still had money in the plan.

What is the average 401(k) balance at Board Of Trustees Of Sheet Metal Workers Local Union 263?

About $74,715 per account: $42.4 million in plan assets across 567 accounts with a balance at the end of plan year 2024.

Who manages the Board Of Trustees Of Sheet Metal Workers Local Union 263 401(k) accounts?

Milliman (listed on the filing as MILLIMAN FINANCIAL RISK MANAGEMENT) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Board Of Trustees Of Sheet Metal Workers Local Union 263. How do I access my 401(k)?

Your account stays with Milliman 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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