Sheet Metal Workers 16 Health Trust — Form 5500 plan (Sheet Metal Workers 16 Health Tr. Board Of Trustees)

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 16 Health Trust is a benefit plan reported by Sheet Metal Workers 16 Health Tr. Board Of Trustees under EIN 93-0757655 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,202 participants and $41,191,016 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sheet Metal Workers 16 Health Tr. Board Of Trustees
EIN
93-0757655
Plan number
501
Plan type
1
Location
Portland, OR
Latest filing year
2023
Participants
2,202
End-of-year plan assets
$41,191,016

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,202H, C20241014131512NAL0027364129004

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$41,191,016
Total liabilities (EOY)
$8,881,415
Net assets (EOY)
$32,309,601
Net assets (BOY)
$36,442,833

Income & contributions

Employer contributions
$29,250,177
Participant contributions
$2,052,904
Total contributions
$31,303,081
Total income / additions
$34,998,882

Expenses & distributions

Benefits paid
$36,322,755
Administrative expenses
$2,809,359
Total expenses
$39,132,114
Net increase / (decrease)
-$4,133,232

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
William C. Earhart Company, Inc.THIRD PARTY ADMINISTRATOR$1,011,210not reported in the loaded dataset2023
CignaPPO NETWORK/CASE MGMT.$702,934not reported in the loaded dataset2023
Empirx HealthCLAIMS PROCESSING$220,025not reported in the loaded dataset2023
Paydhealth, LLCCOST AVOIDANCE FEES$149,399not reported in the loaded dataset2023
Moda HealthCLAIMS PROCESSING$116,626not reported in the loaded dataset2023
Milliman, Inc.CONSULTANT$107,500not reported in the loaded dataset2023
Bank Of AmericaINVESTMENT MGR./CUSTODIAN$90,013$02023
Buck Global, LLCPHARMACY CONSULTANT$57,044not reported in the loaded dataset2023
Brownstein Rask, LLCLEGAL COUNSEL$42,851not reported in the loaded dataset2023
Legacy Laboratory ServicesDRUG TESTING$37,206not reported in the loaded dataset2023
Cascade Center Inc Dba CanopyEAP SERVICES$36,810not reported in the loaded dataset2023
Teladoc HealthVIRTUAL HEALTHCARE$35,373not reported in the loaded dataset2023
Withumsmith+BrownPAYROLL AUDITOR$28,445not reported in the loaded dataset2023
Bennett, Hartman, Morris & KaplanLEGAL$23,215not reported in the loaded dataset2023
Bjorklund & MontplaisirAUDITOR$19,000not reported in the loaded dataset2023
Northwest Drug-Safe LLCDRUG TESTING/PROGRAM MGMT$13,937not reported in the loaded dataset2023
Mzq Consulting, LLCCOMPLIANCE ANALYSIS$10,150not reported in the loaded dataset2023
Airmedcare NetworkAIR AMBULANCE$6,900not reported in the loaded dataset2023

Related Form 5500 pages