Sheet Metal Workers Unemployment — Form 5500 plan (Sheet Metal Workers Unemployment)

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 Unemployment is a benefit plan reported by Sheet Metal Workers Unemployment under EIN 38-2578048 and plan number 502. The latest loaded filing year is 2023. The filing reports 368 participants and $2,011,983 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.6MPlan net assets, end of year$1,617,093
Participants368Covered participants reported
Assets / participant$5.5KComputed: assets ÷ participants$5,467 (computed)
Provider compensation$48.4K3 Schedule C provider row(s)$48,389
Plan sponsor
Sheet Metal Workers Unemployment
EIN
38-2578048
Plan number
502
Plan type
1
Location
Troy, MI
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    368 participants · 1Sch HSch C
    View filing →
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)$2M total assets
Net assets$1.6MLiabilities$394.9K
Money in vs. money out
Total income / additions$711.9K
Total expenses$549.7K
Benefits paid / distributions$491.1K
Contributions
Employer$310.6K
Participant$304.8K
Full reported line items

Net assets

Total assets (EOY)
$2,011,983
Total liabilities (EOY)
$394,890
Net assets (EOY)
$1,617,093
Net assets (BOY)
$1,454,864

Income & contributions

Employer contributions
$310,551
Participant contributions
$304,805
Total contributions
$615,356
Total income / additions
$711,918

Expenses & distributions

Benefits paid
$491,133
Administrative expenses
$58,556
Total expenses
$549,689
Net increase / (decrease)
$162,229
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.

Contribution share (employer vs. participant)
Employer 50%Participant 50%
Total expenses ÷ net assets34%Computed ratio
Benefits paid ÷ total income69%Computed ratio
Provider comp. ÷ net assets3%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    THIRD PARTY ADMIN · Direct $35.7K
  2. 2
    LEGAL COUNSEL · Direct $7.4K
  3. 3
    AUDITOR · Direct $5.3K

What to inspect next

Frequently asked questions

Who sponsors the Sheet Metal Workers Unemployment?
Sheet Metal Workers Unemployment is reported as sponsored by Sheet Metal Workers Unemployment (EIN 38-2578048, plan number 502) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Sheet Metal Workers Unemployment?
The latest Form 5500 filing year loaded for Sheet Metal Workers Unemployment is 2023.
How many participants does Sheet Metal Workers Unemployment report?
Sheet Metal Workers Unemployment reports 368 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Sheet Metal Workers Unemployment?
Sheet Metal Workers Unemployment reports $2,011,983 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages