Sheet Metal Workers Union Local 38 Profit Sharing Fund — Form 5500 plan (Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd)

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, Sheet Metal Workers Union Local 38 Profit Sharing Fund is a benefit plan reported by Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd under EIN 13-3319782 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,418 participants and $201,221,027 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bd Of Trustees Of Sheet Metal Workers Union L38 Profit Sharing Fd
EIN
13-3319782
Plan number
001
Plan type
1
Location
Brewster, NY
Latest filing year
2023
Participants
1,418
End-of-year plan assets
$201,221,027

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,418H, C20240920090108NAL0012673520001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$201,221,027
Total liabilities (EOY)
$69,191
Net assets (EOY)
$201,151,836
Net assets (BOY)
$186,488,217

Income & contributions

Employer contributions
$7,194,746
Participant contributions
$187,043
Total contributions
$7,381,789
Total income / additions
$30,267,913

Expenses & distributions

Benefits paid
$14,525,070
Administrative expenses
$572,952
Total expenses
$15,604,294
Net increase / (decrease)
$14,663,619

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Life & Annuity Insurance CoNONE$61,757$02023
Morgan Stanley Smith Barney, LLCNONE$35,000not reported in the loaded dataset2023
Schultheis & Panettieri, LlpNONE$35,000not reported in the loaded dataset2023
Asher Kelly PllcNONE$26,498not reported in the loaded dataset2023

Related Form 5500 pages