Smart Transportation Division Staff Retiree Health — Form 5500 plan (Sheet Metal, Air, Rail And Transportation Union (Smart))
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, Smart Transportation Division Staff Retiree Health is a benefit plan reported by Sheet Metal, Air, Rail And Transportation Union (Smart) under EIN 34-1031303 and plan number 507. The latest loaded filing year is 2023. The filing reports 162 participants and $5,614,980 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.5MPlan net assets, end of year$5,462,325
Participants162Covered participants reported
Assets / participant$34.7KComputed: assets ÷ participants$34,660 (computed)
Provider compensation$31.8K3 Schedule C provider row(s)$31,849
- Plan sponsor
- Sheet Metal, Air, Rail And Transportation Union (Smart)
- EIN
- 34-1031303
- Plan number
- 507
- Plan type
- 2
- Location
- Independence, OH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 162 | H, C | 20241015113644NAL0016240803004 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$5.6M total assets
Net assets$5.5MLiabilities$152.7K
Full reported line items
Net assets
- Total assets (EOY)
- $5,614,980
- Total liabilities (EOY)
- $152,655
- Net assets (EOY)
- $5,462,325
- Net assets (BOY)
- $4,580,119
Income & contributions
- Employer contributions
- $1,852,476
- Participant contributions
- $380,919
- Total contributions
- $2,233,395
- Total income / additions
- $2,518,040
Expenses & distributions
- Benefits paid
- $1,599,185
- Administrative expenses
- $36,649
- Total expenses
- $1,635,834
- Net increase / (decrease)
- $882,206
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
83%17%
Employer 83%Participant 17%
Total expenses ÷ net assets30%Computed ratio
Benefits paid ÷ total income64%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Usi Consulting Group | NONE | $13,000 | not reported in the loaded dataset | 2023 |
| Calibre Cpa Group | NONE | $10,500 | not reported in the loaded dataset | 2023 |
| Segal Select Insurance | NONE | $8,349 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sheet Metal, Air, Rail And Transportation Union (Smart)
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Independence, OH
- Usi Consulting Group — Schedule C compensation
- Calibre Cpa Group — Schedule C compensation
- Segal Select Insurance — Schedule C compensation