Plan5500

Flint Area Sheet Metal Workers Local 7-4 Health Care Fund — Form 5500 plan (Flint Area Sheet Metal Workers 7-4 Health Care 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, Flint Area Sheet Metal Workers Local 7-4 Health Care Fund is a benefit plan reported by Flint Area Sheet Metal Workers 7-4 Health Care Fund under EIN 38-3377279 and plan number 501. The latest loaded filing year is 2023. The filing reports 307 participants and $5,471,330 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1MPlan net assets, end of year$1,041,638
Participants307Covered participants reported
Assets / participant$17.8KComputed: assets ÷ participants$17,822 (computed)
Provider compensation$473K8 Schedule C provider row(s)$472,951
Plan sponsor
Flint Area Sheet Metal Workers 7-4 Health Care Fund
EIN
38-3377279
Plan number
501
Plan type
1
Location
Troy, MI
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
    307 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)$5.5M total assets
Net assets$1MLiabilities$4.4M
Money in vs. money out
Total income / additions$3.8M
Total expenses$3.7M
Benefits paid / distributions$3.2M
Contributions
Employer$3.2M
Participant$489.6K
Full reported line items

Net assets

Total assets (EOY)
$5,471,330
Total liabilities (EOY)
$4,429,692
Net assets (EOY)
$1,041,638
Net assets (BOY)
$924,579

Income & contributions

Employer contributions
$3,230,138
Participant contributions
$489,610
Total contributions
$3,719,748
Total income / additions
$3,830,355

Expenses & distributions

Benefits paid
$3,210,569
Administrative expenses
$502,727
Total expenses
$3,713,296
Net increase / (decrease)
$117,059
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.

Contribution share (employer vs. participant)
Employer 87%Participant 13%
Total expenses ÷ net assets356%Computed ratio
Benefits paid ÷ total income84%Computed ratio
Provider comp. ÷ net assets45%Computed ratio
Schedule C

Service provider compensation

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

  1. 1
    Blue Cross Blue Shield Of Michigan$255.9K
    NONE · Direct $255.9K
  2. 2
    Benesys, Inc.$106.1K
    NONE · Direct $106.1K
  3. 3
    Salus Group$49K
    NONE · Direct $49K
  4. 4
    Ledbetter Parisi, LLC$25.7K
    NONE · Direct $25.7K
  5. 5
    Benda Grace Stulz & Co Pc$15.3K
    NONE · Direct $15.3K
  6. 6
    United Actuarial Services$8.4K
    NONE · Direct $8.4K
  7. 7
    American Graphics$6.6K
    NONE · Direct $6.6K
  8. 8
    Stefansky, Halloway & Nichols$5.9K
    NONE · Direct $5.9K

What to inspect next

Frequently asked questions

Who sponsors the Flint Area Sheet Metal Workers Local 7-4 Health Care Fund?
Flint Area Sheet Metal Workers Local 7-4 Health Care Fund is reported as sponsored by Flint Area Sheet Metal Workers 7-4 Health Care Fund (EIN 38-3377279, plan number 501) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Flint Area Sheet Metal Workers Local 7-4 Health Care Fund?
The latest Form 5500 filing year loaded for Flint Area Sheet Metal Workers Local 7-4 Health Care Fund is 2023.
How many participants does Flint Area Sheet Metal Workers Local 7-4 Health Care Fund report?
Flint Area Sheet Metal Workers Local 7-4 Health Care Fund reports 307 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Flint Area Sheet Metal Workers Local 7-4 Health Care Fund?
Flint Area Sheet Metal Workers Local 7-4 Health Care Fund reports $5,471,330 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