2023 Form 5500 filing — Employer-Industrial Sheet Metal Workers Local 16 Pension Trust
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 20241013194505NAL0044263024001) for Employer-Industrial Sheet Metal Workers Local 16 Pension Trust, reported by Trustees Of Employer - Industrial Sheet Metal Workers 16 Pension Tr under EIN 51-0171397 and plan number 001. It reports 1,502 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241013194505NAL0044263024001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Trustees Of Employer - Industrial Sheet Metal Workers 16 Pension Tr
- EIN
- 51-0171397
- Plan number
- 001
- Location
- Portland, OR
- Participants
- 1,502
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $88,502,296
- Total liabilities (EOY)
- $101,215
- Net assets (EOY)
- $88,401,081
- Employer contributions
- $1,985,475
- Total income / additions
- $13,001,266
- Benefits paid
- $7,484,894
- Administrative expenses
- $534,731
- Total expenses
- $8,019,625
- Net increase / (decrease)
- $4,981,641
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Verus Advisory, Inc. | INVESTMENT ADVISOR | $136,919 | not reported in the loaded dataset |
| Milliman, Inc. | ACTUARY | $108,410 | not reported in the loaded dataset |
| Dodge & Cox | INVESTMENT MANAGER | $40,703 | $0 |
| The William C. Earhart Company, Inc | THIRD PARTY ADMINISTRATOR | $40,659 | not reported in the loaded dataset |
| Panagora Asset Management | INVESTMENT MANAGER | $30,758 | $0 |
| Turner, Stoeve & Gagliardi, P.S. | LEGAL COUNSEL | $23,268 | not reported in the loaded dataset |
| Us Bank | INVESTMENT CUSTODIAN | $21,475 | $0 |
| Bjorklund & Montplaisir | AUDITOR | $16,000 | not reported in the loaded dataset |