2023 Form 5500 filing — Shopmen'S Local Union No. 508 Health & Welfare Fund
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 20250307151817NAL0006231843001) for Shopmen'S Local Union No. 508 Health & Welfare Fund, reported by Trustees Of Shopmens Local Union No. 508 Health & Welfare Fund under EIN 38-6237159 and plan number 510. It reports 452 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 1 · 2023
Filing snapshot
Net assets (EOY)$2.1MReported net assets$2,061,539
Participants452
Provider compensation$93.3K5 Schedule C row(s)$93,282
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20250307151817NAL0006231843001
- Plan sponsor
- Trustees Of Shopmens Local Union No. 508 Health & Welfare Fund
- EIN
- 38-6237159
- Plan number
- 510
- Location
- Southfield, MI
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$2.1M total assets
Net assets$2.1MLiabilities$0
Full reported line items
- Total assets (EOY)
- $2,061,539
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,061,539
- Employer contributions
- $545,142
- Participant contributions
- $402
- Total income / additions
- $644,171
- Benefits paid
- $575,447
- Administrative expenses
- $172,369
- Total expenses
- $747,816
- Net increase / (decrease)
- -$103,645
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Linda Brooks | EMPLOYEE | $54,256 | not reported in the loaded dataset |
| Plante & Moran, Pllc | NONE KNOWN | $23,400 | not reported in the loaded dataset |
| United Actuarial Services, Inc. | NONE KNOWN | $5,500 | not reported in the loaded dataset |
| Pnc Bank, National Association | NONE KNOWN | $5,123 | not reported in the loaded dataset |
| Mcknight, Canzano, Smith, Radtke, & | NONE KNOWN | $5,003 | not reported in the loaded dataset |