Sheet Metal Workers Local Union No.71 Annuity Fund — Form 5500 plan (Board Of Trustees Sheet Metal Workers Local No. 71 Annuity Fund)
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 Local Union No.71 Annuity Fund is a benefit plan reported by Board Of Trustees Sheet Metal Workers Local No. 71 Annuity Fund under EIN 16-1592883 and plan number 001. The latest loaded filing year is 2023. The filing reports 448 participants and $34,227,717 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Sheet Metal Workers Local No. 71 Annuity Fund
- EIN
- 16-1592883
- Plan number
- 001
- Plan type
- 1
- Location
- Buffalo, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 448 | H, C | 20250314170945NAL0022791425001 |
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Full reported line items
Net assets
- Total assets (EOY)
- $34,227,717
- Total liabilities (EOY)
- $33,260
- Net assets (EOY)
- $34,194,457
- Net assets (BOY)
- $29,090,819
Income & contributions
- Employer contributions
- $1,799,646
- Total contributions
- $1,807,812
- Total income / additions
- $6,887,682
Expenses & distributions
- Benefits paid
- $1,551,989
- Administrative expenses
- $106,558
- Total expenses
- $1,784,044
- Net increase / (decrease)
- $5,103,638
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insurance Company | CONTRACT ADMINISTRATOR | $30,356 | not reported in the loaded dataset | 2023 |
| Tronconi Segarra & Associates, Llp | NONE | $10,525 | not reported in the loaded dataset | 2023 |