2023 Form 5500 filing — Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241010110201NAL0011398083006) for Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund, reported by Board Of Trustees, Sheet Metal Lcl Union No 25 Nj under EIN 22-2586287 and plan number 501. It reports 792 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010110201NAL0011398083006
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees, Sheet Metal Lcl Union No 25 Nj
- EIN
- 22-2586287
- Plan number
- 501
- Location
- Carlstadt, NJ
- Participants
- 792
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,831,737
- Total liabilities (EOY)
- $916,906
- Net assets (EOY)
- $25,914,831
- Employer contributions
- $11,878,697
- Participant contributions
- $1,333,076
- Total income / additions
- $15,433,496
- Benefits paid
- $11,494,896
- Administrative expenses
- $991,736
- Total expenses
- $12,486,632
- Net increase / (decrease)
- $2,946,864
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Aetna Life Insurance Company | CONTRACT ADMINISTRATOR | $356,930 | not reported in the loaded dataset |
| Karleen O Neill | NONE | $121,144 | not reported in the loaded dataset |
| Virginia Olsen | NONE | $108,317 | not reported in the loaded dataset |
| The Segal Company | NONE | $79,381 | not reported in the loaded dataset |
| Manfre Cpa P.C. | NONE | $50,243 | not reported in the loaded dataset |
| Boyd Watterson Gsa Fund, Lp | NONE | $36,389 | not reported in the loaded dataset |
| Cleary, Josem & Trigiani Llp | NONE | $27,189 | not reported in the loaded dataset |
| Hi-Tech Nerds LLC | NONE | $20,680 | not reported in the loaded dataset |
| Cigna Health & Life Insurance Co | NONE | $19,080 | not reported in the loaded dataset |
| Syntonic Systems Inc. | NONE | $18,000 | not reported in the loaded dataset |
| Mspc, Cpas | NONE | $8,485 | not reported in the loaded dataset |
| Thomas P. Reynolds | NONE | $6,200 | not reported in the loaded dataset |