Sheet Metal Workers Local Union No. 7 Zone 2 Health Care Plan — Form 5500 plan (Joint Board Of Trustees Sheet Metal Workers Local 7, Zone)
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 Union No. 7 Zone 2 Health Care Plan is a benefit plan reported by Joint Board Of Trustees Sheet Metal Workers Local 7, Zone under EIN 38-6075386 and plan number 501. The latest loaded filing year is 2023. The filing reports 577 participants and $2,838,019 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Joint Board Of Trustees Sheet Metal Workers Local 7, Zone
- EIN
- 38-6075386
- Plan number
- 501
- Plan type
- 1
- Location
- Lansing, MI
- Latest filing year
- 2023
- Participants
- 577
- End-of-year plan assets
- $2,838,019
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 577 | H, C | 20241015134509NAL0016520467005 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,838,019
- Total liabilities (EOY)
- $3,270,398
- Net assets (EOY)
- -$432,379
- Net assets (BOY)
- -$752,828
Income & contributions
- Employer contributions
- $5,880,011
- Participant contributions
- $1,658,452
- Total contributions
- $7,538,463
- Total income / additions
- $7,627,031
Expenses & distributions
- Benefits paid
- $6,638,536
- Administrative expenses
- $668,046
- Total expenses
- $7,306,582
- Net increase / (decrease)
- $320,449
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross Blue Sheild Of Michigan | NONE | $470,765 | $0 | 2023 |
| Tic International Corporation | NONE | $39,223 | $32,634 | 2023 |
| Usi Midwest | NONE | $45,000 | not reported in the loaded dataset | 2023 |
| Victory Capital Management | NONE | $23,281 | not reported in the loaded dataset | 2023 |
| Delta Dental Of Michigan | NONE | $23,277 | not reported in the loaded dataset | 2023 |
| Varnum, Riddering, Schmidt | NONE | $21,103 | not reported in the loaded dataset | 2023 |
| Benda, Grace, Stulz & Company | NONE | $18,300 | not reported in the loaded dataset | 2023 |
| Watkins Ross & Company | NONE | $8,100 | not reported in the loaded dataset | 2023 |
| Standard Valuations | NONE | $5,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Joint Board Of Trustees Sheet Metal Workers Local 7, Zone
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Lansing, MI
- Blue Cross Blue Sheild Of Michigan — Schedule C compensation
- Tic International Corporation — Schedule C compensation
- Usi Midwest — Schedule C compensation
- Victory Capital Management — Schedule C compensation
- Delta Dental Of Michigan — Schedule C compensation
- Varnum, Riddering, Schmidt — Schedule C compensation
- Benda, Grace, Stulz & Company — Schedule C compensation
- Watkins Ross & Company — Schedule C compensation
- Standard Valuations — Schedule C compensation