Sheet Metal Workers Local 98 Welfare Fund — Form 5500 plan (Board Of Trustees - Sheet Metal Workers Local 98 Welfare Plan)
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 98 Welfare Fund is a benefit plan reported by Board Of Trustees - Sheet Metal Workers Local 98 Welfare Plan under EIN 31-4397633 and plan number 501. The latest loaded filing year is 2023. The filing reports 746 participants and $13,120,627 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees - Sheet Metal Workers Local 98 Welfare Plan
- EIN
- 31-4397633
- Plan number
- 501
- Plan type
- 1
- Location
- Ona, WV
- Latest filing year
- 2023
- Participants
- 746
- End-of-year plan assets
- $13,120,627
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 746 | H, C | 20241015114152NAL0028226129002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,120,627
- Total liabilities (EOY)
- $4,151,614
- Net assets (EOY)
- $8,969,013
- Net assets (BOY)
- $3,789,211
Income & contributions
- Employer contributions
- $9,970,303
- Participant contributions
- $477,980
- Total contributions
- $10,448,283
- Total income / additions
- $11,089,887
Expenses & distributions
- Benefits paid
- $4,979,369
- Administrative expenses
- $930,716
- Total expenses
- $5,910,085
- Net increase / (decrease)
- $5,179,802
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Community Insurance Company | PARTY-IN-INTEREST | $420,582 | $1,176 | 2023 |
| American Benefit Corporation | TPA | $328,973 | not reported in the loaded dataset | 2023 |
| Vision Service Plan | PARTY-IN-INTEREST | $66,095 | not reported in the loaded dataset | 2023 |
| Segal Company | PARTY-IN-INTEREST | $60,000 | not reported in the loaded dataset | 2023 |
| Ledbetter Partners Lcc | PARTY-IN-INTEREST | $34,800 | not reported in the loaded dataset | 2023 |
| Delta Dental Of Ohio | BENEFIT ADMIN | $29,466 | not reported in the loaded dataset | 2023 |
| Gray, Griffith & Mays, A.C. | PARTY-IN-INTEREST | $21,275 | not reported in the loaded dataset | 2023 |
| Livongo Health, Inc | PARTY-IN-INTEREST | $18,905 | not reported in the loaded dataset | 2023 |
| Keybank National Association | PARTY-IN-INTEREST | $13,182 | not reported in the loaded dataset | 2023 |
| Marquette Associates | PARTY-IN-INTEREST | $6,000 | not reported in the loaded dataset | 2023 |
| National Investment Services | PARTY-IN-INTEREST | $5,347 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees - Sheet Metal Workers Local 98 Welfare Plan
- 2023 Form 5500 filing
- Form 5500 filings in WV
- 401(k) and benefit plan filings in Ona, WV
- Community Insurance Company — Schedule C compensation
- American Benefit Corporation — Schedule C compensation
- Vision Service Plan — Schedule C compensation
- Segal Company — Schedule C compensation
- Ledbetter Partners Lcc — Schedule C compensation
- Delta Dental Of Ohio — Schedule C compensation
- Gray, Griffith & Mays, A.C. — Schedule C compensation
- Livongo Health, Inc — Schedule C compensation
- Keybank National Association — Schedule C compensation
- Marquette Associates — Schedule C compensation
- National Investment Services — Schedule C compensation