Shopmen'S Local Union No. 508 Health & Welfare Fund — Form 5500 plan (Trustees Of Shopmens Local Union No. 508 Health & Welfare 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, Shopmen'S Local Union No. 508 Health & Welfare Fund is a benefit plan reported by Trustees Of Shopmens Local Union No. 508 Health & Welfare Fund under EIN 38-6237159 and plan number 510. The latest loaded filing year is 2023. The filing reports 452 participants and $2,061,539 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$2.1MPlan net assets, end of year$2,061,539
Participants452Covered participants reported
Assets / participant$4.6KComputed: assets ÷ participants$4,561 (computed)
Provider compensation$93.3K5 Schedule C provider row(s)$93,282
- Plan sponsor
- Trustees Of Shopmens Local Union No. 508 Health & Welfare Fund
- EIN
- 38-6237159
- Plan number
- 510
- Plan type
- 1
- Location
- Southfield, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 452 | H, C | 20250307151817NAL0006231843001 |
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)$2.1M total assets
Net assets$2.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $2,061,539
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,061,539
- Net assets (BOY)
- $2,165,184
Income & contributions
- Employer contributions
- $545,142
- Participant contributions
- $402
- Total contributions
- $545,544
- Total income / additions
- $644,171
Expenses & distributions
- Benefits paid
- $575,447
- Administrative expenses
- $172,369
- Total expenses
- $747,816
- Net increase / (decrease)
- -$103,645
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Linda Brooks | EMPLOYEE | $54,256 | not reported in the loaded dataset | 2023 |
| Plante & Moran, Pllc | NONE KNOWN | $23,400 | not reported in the loaded dataset | 2023 |
| United Actuarial Services, Inc. | NONE KNOWN | $5,500 | not reported in the loaded dataset | 2023 |
| Pnc Bank, National Association | NONE KNOWN | $5,123 | not reported in the loaded dataset | 2023 |
| Mcknight, Canzano, Smith, Radtke, & | NONE KNOWN | $5,003 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Trustees Of Shopmens Local Union No. 508 Health & Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Southfield, MI
- Linda Brooks — Schedule C compensation
- Plante & Moran, Pllc — Schedule C compensation
- United Actuarial Services, Inc. — Schedule C compensation
- Pnc Bank, National Association — Schedule C compensation
- Mcknight, Canzano, Smith, Radtke, & — Schedule C compensation