Plan5500

Local 550 Annuity Plan — Form 5500 plan (Sprinkler Fitters And Apprentices Local Union No. 550)

Plain-English plan 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, Local 550 Annuity Plan is a benefit plan reported by Sprinkler Fitters And Apprentices Local Union No. 550 under EIN 04-1859910 and plan number 001. The latest loaded filing year is 2023. The filing reports 831 participants and $150,056,059 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$150.1MPlan net assets, end of year$150,056,059
Participants831Covered participants reported
Assets / participant$180.6KComputed: assets ÷ participants$180,573 (computed)
Provider compensation$165.4K4 Schedule C provider row(s)$165,437
Plan sponsor
Sprinkler Fitters And Apprentices Local Union No. 550
EIN
04-1859910
Plan number
001
Plan type
1
Location
Boston, MA
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    831 participants · 1Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$150.1M total assets
Net assets$150.1MLiabilities$0
Money in vs. money out
Total income / additions$37.5M
Total expenses$7.1M
Benefits paid / distributions$6.8M
Contributions
Employer$13M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$150,056,059
Total liabilities (EOY)
$0
Net assets (EOY)
$150,056,059
Net assets (BOY)
$119,649,320

Income & contributions

Employer contributions
$12,996,707
Total contributions
$13,063,833
Total income / additions
$37,498,263

Expenses & distributions

Benefits paid
$6,827,599
Administrative expenses
$263,925
Total expenses
$7,091,524
Net increase / (decrease)
$30,406,739
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income18%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Sprinkler Fitters And Apprentices$65K
    PLAN SPONSOR · Direct $65K
  2. 2
    The Angell Pension Group Inc.$39.7K
    TPA · Direct $39.7K
  3. 3
    Global Retirement Partners LLC$36K
    INVESTMENT ADVISOR · Direct $36K
  4. 4
    Goulet, Salvidio Associates, Pc$24.8K
    ACCOUNTANT · Direct $24.8K

What to inspect next

Frequently asked questions

Who sponsors the Local 550 Annuity Plan?
Local 550 Annuity Plan is reported as sponsored by Sprinkler Fitters And Apprentices Local Union No. 550 (EIN 04-1859910, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Local 550 Annuity Plan?
The latest Form 5500 filing year loaded for Local 550 Annuity Plan is 2023.
How many participants does Local 550 Annuity Plan report?
Local 550 Annuity Plan reports 831 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Local 550 Annuity Plan?
Local 550 Annuity Plan reports $150,056,059 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages