Original filing (PDF)20251007145026NAL0011625858001

TRUSTEES OF SHEET METAL LOCAL 10 SUPPLEMENTAL RETIREMENT FUND

Name: TRUSTEES OF SHEET METAL LOCAL 10 SUPPLEMENTAL RETIREMENT FUND — SHEET METAL LOCAL 10 SUPPLEMENTAL RETIREMENT FUND, Form 5500 (2024)
Creator: TRUSTEES OF SHEET METAL LOCAL 10 SUPPLEMENTAL RETIREMENT FUND

Form 5500

FILING_RECEIVED

SHEET METAL LOCAL 10 SUPPLEMENTAL RETIREMENT FUND

401(k) retirement plan

Signals · 2

No recordkeeper disclosed7 service providers

Active participants

4,308

Accounts w/ balance

4,801

Plan assets (EOY)

$572.5M

Net assets (EOY)

$572.5M

How this plan invests

This plan

6 pooled trusts

Schedule D

90 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

100

Total plan cost

Vendor stack

Participation health

100

Knocking points off

9 bps in Schedule C fees — modestly above peer band of 6 bps.
No recordkeeper disclosed on Schedule C.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for TRUSTEES OF SHEET METAL LOCAL 10 SUPPLEMENTAL RETIREMENT FUND.

Plan sponsor

Name

TRUSTEES OF SHEET METAL LOCAL 10 SUPPLEMENTAL RETIREMENT FUND

EIN

41-6162383

Address

1681 EAST COPE AVENUE, SUITE B · MAPLEWOOD, MN · 551092631

Phone

(651) 770-0991

Industry

Constructionsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-07

Pension benefit codes

2E · Profit-sharing

2G · Total participant-directed accounts

2J · 401(k) feature

2R · Participant-directed brokerage (SDBA)

2T · Default investment account (QDIA)

Audit & trust (Schedule H)

Auditor

CLIFTONLARSONALLEN LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

7 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
SHEET METAL CONTROL BOARD	41-1562581	—	NONE	$195K	—
MEKETA INVESTMENT GROUP	04-2659023	—	NONE	$105K	—
MORGAN STANLEY GLOBAL BANKING OPERA	—	NEW YORK, NY	NONE	$93K	—
SHUMAKER, LOOP & KENRICK, LLP	34-4439491	—	NONE	$39K	—
CLIFTONLARSONALLEN LLP	41-0746749	—	NONE	$28K	—
JOHN HANCOCK RETIREMENT PLAN SERVIC	01-0233346	—	NONE	$25K	—
SIERRA INVESTMENT MANAGEMENT	68-0370668	—	NONE	$11K	—

Investments

84 direct securities · 6 pooled funds· $597.5M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Uncategorized

$445.9M

84 holdings

Common Collective Trust

$124.2M

5 holdings

Pooled Separate Account

$27.4M

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
LEGAL & GENERAL S&P 500 CIT RELIANCE TRUST COMPANY · EIN 35-7085469 / PN 005	Common Collective Trust	—	$35.6M	$67.7M	11.8%
T. Rowe Price T Rowe Price Equity Index 500	—	—	$35.6M	$51.7M	9.0%
CRM Mid Cap Value Instl	—	—	$52.5M	$51.6M	9.0%
Carrillon Carillon Reams Unconst Bond I	—	—	$44.7M	$44.6M	7.8%
AQR DIVERSIFYING COLLECTIVE FUND GLOBAL TRUST COMPANY · EIN 90-6194032 / PN 008	Common Collective Trust	—	$27.5M	$38.8M	6.8%
Touchstone Sands Sel Growth I	—	—	$34.6M	$35.5M	6.2%
Manning & Napier Manning & Napier Overseas Se I	—	—	$25.4M	$27.4M	4.8%
New York Life NYL Insurance Anchor III	—	—	$24.0M	$27.4M	4.8%
PSA NO. 25 (STABLE VALUE ACCOUNT NEW YORK LIFE INSURANCE COMPANY · EIN 13-5582869 / PN 125	Pooled Separate Account	—	—	$27.4M	4.8%
JPMorgan Alerian MLP Index ETN	—	—	$19.4M	$20.4M	3.6%
WCM Focused Intl Growth Inst	—	—	$19.6M	$19.1M	3.3%
One Williams Street One Williams Street Offshore Fund	—	—	$18.5M	$18.5M	3.2%
AB Small Cap Value Fund Adv	—	—	$19.4M	$17.6M	3.1%
Invesco Developing Mkts Y	—	—	$18.6M	$16.3M	2.8%
Invesco Comstock Fund Y	—	—	$14.2M	$14.9M	2.6%
Metwest Total Ret Bond I	—	—	$15.9M	$14.2M	2.5%
Champlain Small Company Instl	—	—	$12.4M	$11.8M	2.1%
LEGAL & GENERAL S&P 400 CIT RELIANCE TRUST COMPANY · EIN 35-7085469 / PN 004	Common Collective Trust	—	$10.0M	$10.0M	1.7%
American Core ARA Core Property Fund	—	—	$7.6M	$7.3M	1.3%
Doubleline Total Rtn Bnd Fd I	—	—	$8.4M	$7.1M	1.2%
AFL-CIO BUILDING INVEST TRUST GREAT GRAY TRUST COMPANY, LLC · EIN 52-6328901 / PN 001	Common Collective Trust	—	$9.2M	$6.6M	1.2%
Lexington Capital Lexington Capital Partners VIII Offshore	—	—	$4.9M	$4.9M	0.9%
White Oak White Oak Summit Fund LP	—	—	$4.9M	$4.9M	0.9%
U.S. Government U.S. Treasury Note 2.375% Due 3/31/2029	—	—	$4.2M	$4.2M	0.7%
Allspring Emg Markets Eqty Adm	—	—	$4.1M	$3.9M	0.7%
U.S. Government U.S. Treasury Note 4.125% Due 3/31/2031	—	—	$3.8M	$3.8M	0.7%
Vangaurd Vanguard ST Infl-Pr Sec Idx In	—	—	$3.6M	$3.7M	0.7%
U.S. Government U.S. Treasury Note 4.250% Due 11/15/2034	—	—	$3.4M	$3.4M	0.6%
Various Self-Directed Brokerage Accounts	—	—	$3.2M	$3.2M	0.6%
U.S. Government U.S. Treasury Note 2.875% Due 5/15/2032	—	—	$2.9M	$2.9M	0.5%
National Investment Services Money Market Fund	—	—	$2.7M	$2.7M	0.5%
Bain Capital Specialty Finance	—	—	$2.6M	$2.4M	0.4%
U.S. Government U.S. Treasury Bond 3.875% Due 2/15/2043	—	—	$2.1M	$2.1M	0.4%
Fort Washington Fort Washington High Yield Inv II	—	—	$1.7M	$2.0M	0.4%
U.S. Government U.S. Treasury Note 1.500% Due 1/31/2027	—	—	$1.9M	$1.9M	0.3%
U.S. Government U.S. Treasury Note 0.750% Due 8/31/2026	—	—	$1.5M	$1.5M	0.3%
U.S. Government U.S. Treasury Note 3.875% Due 12/31/2027	—	—	$1.3M	$1.3M	0.2%
U.S. Government U.S. Treasury Bond 4.250% Due 8/15/2054	—	—	$1.3M	$1.3M	0.2%
COLLECTIVE TRUST GOVERNMENT SHORT T THE BANK OF NEW YORK MELLON · EIN 81-6243181 / PN 001	Common Collective Trust	—	$1.1M	$1.1M	0.2%
U.S. Government U.S. Treasury Note 4.375% Due 8/31/2028	—	—	$899K	$901K	0.2%
U.S. Government U.S. Treasury Note 4.375% Due 11/30/2030	—	—	$895K	$897K	0.2%
U.S. Government U.S. Treasury Note 3.750% Due 5/31/2030	—	—	$870K	$871K	0.2%
U.S. Government U.S. Treasury Note 4.000% Due 12/15/2027	—	—	$792K	$794K	0.1%
U.S. Government U.S. Treasury Bond 3.375% Due 11/15/2048	—	—	$783K	$781K	0.1%
U.S. Government U.S. Treasury Note 4.125% Due 2/15/2027	—	—	$697K	$698K	0.1%
U.S. Government U.S. Treasury Bill 0.000% Due 4/22/2025	—	—	$612K	$612K	0.1%
U.S. Government U.S. Treasury Note 4.125% Due 6/15/2026	—	—	$598K	$599K	0.1%
U.S. Government U.S. Treasury Note 4.125% Due 7/31/2031	—	—	$489K	$490K	<0.1%
Fannie Mae FNMA MA4632 3.000% Due 6/1/2042	—	—	$202K	$201K	<0.1%
Fannie Mae FNMA MA4587 2.500% Due 4/1/2042	—	—	$199K	$197K	<0.1%
U.S. Government U.S. Treasury Note 3.375% Due 5/15/2033	—	—	$184K	$184K	<0.1%
RTX CORP RTX CORP 6.100% Due 3/15/2034	—	—	$105K	$105K	<0.1%
NORTHROP GRUMMAN CORP NORTHROP GRUMMAN CORP 3.250% Due 1/15/2028	—	—	$105K	$105K	<0.1%
GOLDMAN SACHS GROUP INC/THE GOLDMAN SACHS GROUP INC/THE VAR RT Due 10/24/2029	—	—	$105K	$105K	<0.1%
CANADIAN PACIFIC RAILWAY CO CANADIAN PACIFIC RAILWAY CO 1.750% Due 12/2/2026	—	—	$104K	$104K	<0.1%
WELLS FARGO & CO WELLS FARGO & CO VAR RT Due 6/2/2028	—	—	$103K	$104K	<0.1%
NORTHERN TRUST CORP NORTHERN TRUST CORP 1.950% Due 5/1/2030	—	—	$103K	$104K	<0.1%
EATON CORP EATON CORP 4.150% Due 3/15/2033	—	—	$103K	$103K	<0.1%
HOME DEPOT INC/THE HOME DEPOT INC/THE 2.950% Due 6/15/2029	—	—	$102K	$102K	<0.1%
SMITH & NEPHEW PLC SMITH & NEPHEW PLC 2.032% Due 10/14/2030	—	—	$100K	$101K	<0.1%
BRISTOL-MYERS SQUIBB CO BRISTOL-MYERS SQUIBB CO 5.200% Due 2/22/2034	—	—	$100K	$100K	<0.1%
VULCAN MATERIALS CO VULCAN MATERIALS CO 5.350% Due 12/1/2034	—	—	$100K	$100K	<0.1%
US BANCORP US BANCORP 1.375% Due 7/22/2030	—	—	$99K	$99K	<0.1%
PARKER-HANNIFIN CORP PARKER-HANNIFIN CORP 4.250% Due 9/15/2027	—	—	$99K	$99K	<0.1%
WASTE MANAGEMENT INC WASTE MANAGEMENT INC 4.800% Due 3/15/2032	—	—	$98K	$98K	<0.1%
KENVUE INC KENVUE INC 4.900% Due 3/22/2033	—	—	$98K	$98K	<0.1%
JPMORGAN CHASE & CO JPMORGAN CHASE & CO VAR RT Due 10/22/2030	—	—	$98K	$98K	<0.1%
CADENCE DESIGN SYSTEMS INC CADENCE DESIGN SYSTEMS INC 4.300% Due 9/10/2029	—	—	$98K	$98K	<0.1%
CINTAS CORP NO CINTAS CORP NO 3.700% Due 4/1/2027	—	—	$98K	$98K	<0.1%
PROLOGIS LP PROLOGIS LP 5.000% Due 3/15/2034	—	—	$98K	$98K	<0.1%
CAPITAL ONE FINANCIAL CORP CAPITAL ONE FINANCIAL CORP 3.750% Due 3/9/2027	—	—	$98K	$98K	<0.1%
SONOCO PRODUCTS CO SONOCO PRODUCTS CO 4.600% Due 9/1/2029	—	—	$97K	$97K	<0.1%
TYSON FOODS INC TYSON FOODS INC 3.550% Due 6/2/2027	—	—	$97K	$97K	<0.1%
ORACLE CORP ORACLE CORP 2.875% Due 3/25/2031	—	—	$97K	$97K	<0.1%
KROGER CO/THE KROGER CO/THE 5.000% Due 9/15/2034	—	—	$97K	$97K	<0.1%
ARCHER-DANIELS-MIDLAND CO ARCHER-DANIELS-MIDLAND CO 2.500% Due 8/11/2026	—	—	$97K	$97K	<0.1%
LABORATORY CORP OF AMERICA HOL LABORATORY CORP OF AMERICA HOL 4.350% Due 4/1/2030	—	—	$96K	$96K	<0.1%
UNION PACIFIC CORP UNION PACIFIC CORP 4.500% Due 1/20/2033	—	—	$96K	$96K	<0.1%
California STATE BAB BONDS 7.300% Due 10/1/2039	—	—	$91K	$91K	<0.1%
Blackrock Funding BLACKROCK FUNDING IN 5.350% Due 1/8/2055	—	—	$67K	$67K	<0.1%
Bank of NY Mellon BANK OF NY MELLON 5.225% Due 11/20/2035	—	—	$65K	$65K	<0.1%
California ST 7.350% Due 11/1/2039	—	—	$57K	$57K	<0.1%
Tricon Housing Partners US II B LP	—	—	$56K	$56K	<0.1%
Bank of America BANK OF AMERICA 5.518% Due 10/25/2035	—	—	$54K	$54K	<0.1%
M&T Bank Corporation M&T BANK CORPORATION 5.385% Due 1/16/2036	—	—	$54K	$53K	<0.1%
Brookfield Finance BROOKFIELD FINANCE 5.968% Due 3/4/2054	—	—	$51K	$51K	<0.1%
BBCMS 2024-C24 A5 5.419% Due 2/15/2057	—	—	$36K	$37K	<0.1%
Raymond James Financial RAYMOND JAMES FINANCIAL 3.750% Due 4/1/2051	—	—	$36K	$36K	<0.1%
ESA 2021-ESH C 6.211% Due 7/15/2038	—	—	$35K	$35K	<0.1%
Old Republic International OLD REPUBLIC INTERNATIONAL 3.850% Due 6/11/2051	—	—	$28K	$28K	<0.1%