2023 Form 5500 filing — Sheet Metal Workers Local Union No 1 Welfare Trust
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241211164239NAL0011644449001) for Sheet Metal Workers Local Union No 1 Welfare Trust, reported by Board Of Trustees Sheet Metal Workers Local Union No 1 Welfare Trust F under EIN 37-0810664 and plan number 501. It reports 481 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241211164239NAL0011644449001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Sheet Metal Workers Local Union No 1 Welfare Trust F
- EIN
- 37-0810664
- Plan number
- 501
- Location
- Schaumburg, IL
- Participants
- 481
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,923,813
- Total liabilities (EOY)
- $644,782
- Net assets (EOY)
- $14,279,031
- Employer contributions
- $8,039,516
- Participant contributions
- $126,655
- Total income / additions
- $8,990,488
- Benefits paid
- $7,899,087
- Administrative expenses
- $480,066
- Total expenses
- $8,379,153
- Net increase / (decrease)
- $611,335
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Group Administrators, Ltd | NONE | $94,152 | $0 |
| Marquette & Associates | NONE | $62,541 | not reported in the loaded dataset |
| The Segal Company (Midwest) Inc. | NONE | $60,619 | $0 |
| Cavanagh & O'Hara, Llp | NONE | $39,370 | not reported in the loaded dataset |
| Romolo & Associates, LLC | NONE | $29,395 | not reported in the loaded dataset |
| Savrx | NONE | $18,624 | not reported in the loaded dataset |
| American Realty Advisors | NONE | $17,001 | not reported in the loaded dataset |