Sheet Metal Workers Local No. 71 Industry Welfare Trust Fund — Form 5500 plan (Sheet Metal Workers Local No. 71 Industry Welfare Trust 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, Sheet Metal Workers Local No. 71 Industry Welfare Trust Fund is a benefit plan reported by Sheet Metal Workers Local No. 71 Industry Welfare Trust Fund under EIN 16-0864434 and plan number 501. The latest loaded filing year is 2023. The filing reports 348 participants and $7,758,491 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sheet Metal Workers Local No. 71 Industry Welfare Trust Fund
- EIN
- 16-0864434
- Plan number
- 501
- Plan type
- 1
- Location
- Buffalo, NY
- Latest filing year
- 2023
- Participants
- 348
- End-of-year plan assets
- $7,758,491
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 348 | H, C | 20241015122750NAL0028417793001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,758,491
- Total liabilities (EOY)
- $628,384
- Net assets (EOY)
- $7,130,107
- Net assets (BOY)
- $6,746,661
Income & contributions
- Employer contributions
- $5,175,744
- Participant contributions
- $46,609
- Total contributions
- $5,222,353
- Total income / additions
- $6,616,176
Expenses & distributions
- Benefits paid
- $5,707,434
- Administrative expenses
- $525,296
- Total expenses
- $6,232,730
- Net increase / (decrease)
- $383,446
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Charles Hake | EMPLOYEE | $67,985 | not reported in the loaded dataset | 2023 |
| Segal Consulting | NONE | $40,914 | not reported in the loaded dataset | 2023 |
| Wilmington Trust | NONE | $22,975 | $0 | 2023 |
| Tronconi Segarra & Associates, Llp | NONE | $20,296 | not reported in the loaded dataset | 2023 |
| Lipsitz, Green, Scime, Cambria Llp | NONE | $8,058 | not reported in the loaded dataset | 2023 |
| Arcara Zucarelli Lenda & Associates | NONE | $5,464 | not reported in the loaded dataset | 2023 |
| Pca Technology Group, Inc. | NONE | $5,025 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sheet Metal Workers Local No. 71 Industry Welfare Trust Fund
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Buffalo, NY
- Charles Hake — Schedule C compensation
- Segal Consulting — Schedule C compensation
- Wilmington Trust — Schedule C compensation
- Tronconi Segarra & Associates, Llp — Schedule C compensation
- Lipsitz, Green, Scime, Cambria Llp — Schedule C compensation
- Arcara Zucarelli Lenda & Associates — Schedule C compensation
- Pca Technology Group, Inc. — Schedule C compensation